Post by account_disabled on Feb 18, 2024 22:53:48 GMT -5
China's paid social spending is growing at a compound annual growth rate of 13.4%. Again, according to the American International Trade Administration , China is expected to spend the most on social advertising by 2026. The revenue generated from mobile social media ads is greater than the revenue generated by desktop social media ads. It is predicted that mobile revenue will account for 82%
Of total social advertising revenue in 2024. By 2026, this latestdatabase.com rate is expected to increase to 84%. Spending on most social media advertising platforms continues to increase year over year. ( Except X ) Advertising expenditures are expected to increase in 2024 on most advertising platforms except X. However, advertising spending on X (Twitter) is predicted to decrease. Annual ad spend on X (Twitter) is expected to drop from $4.7 billion in 2022 to $2.7 billion by 2027 .
Facebook Statistics As of September 2023, Facebook has over 3 billion monthly active users. Although user acquisition for Facebook temporarily halted in 2021, the social network has continued to grow steadily since then. Number of monthly active Facebook users worldwide as of Q3 2023 Number of monthly active Facebook users worldwide as of Q3 2023 In the US, 70% of adults report using Facebook daily.
Of total social advertising revenue in 2024. By 2026, this latestdatabase.com rate is expected to increase to 84%. Spending on most social media advertising platforms continues to increase year over year. ( Except X ) Advertising expenditures are expected to increase in 2024 on most advertising platforms except X. However, advertising spending on X (Twitter) is predicted to decrease. Annual ad spend on X (Twitter) is expected to drop from $4.7 billion in 2022 to $2.7 billion by 2027 .
Facebook Statistics As of September 2023, Facebook has over 3 billion monthly active users. Although user acquisition for Facebook temporarily halted in 2021, the social network has continued to grow steadily since then. Number of monthly active Facebook users worldwide as of Q3 2023 Number of monthly active Facebook users worldwide as of Q3 2023 In the US, 70% of adults report using Facebook daily.