GITNUX MARKETDATA REPORT 2024

Instagram Industry Statistics

Instagram continues to dominate the social media landscape with over 1 billion active users and a strong focus on visual content and engagement.

Highlights: Instagram Industry Statistics

  • Instagram has over 1 billion active users.
  • 500 million users use Instagram Stories daily.
  • Instagram's potential advertising reach is 849.3 million users.
  • The average user spends 53 minutes per day on Instagram.
  • 71% of Instagram users are under the age of 35.
  • Instagram has seen over 45 billion photos shared.
  • 67% of Americans aged 18-29 use Instagram.
  • Instagram earns $20 billion in ad revenue in 2019.
  • 92% of all Instagram users say they’ve followed a brand, clicked on their website, or made a purchase after seeing a product/service on Instagram.
  • Instagram videos get 2 times more engagement than photos.
  • Instagram mobile ad revenue to reach $15.6 billion in 2022.
  • Overall engagement on Instagram is 1.22% per post for businesses.
  • Instagram influencers with up to 1k followers earn $10 per post.
  • 50% of Instagram users are more interested in a brand when they see ads for it on Instagram.
  • Instagram has 2 million monthly advertisers.
  • Categories with the most influencers are Personal Blog, Fashion, Fitness, Beauty, and Photography.

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Social media platforms have become essential tools for businesses to connect with their target audience and promote their products or services. Among the various platforms available, Instagram has emerged as a popular choice for businesses due to its visual nature and large user base. In this blog post, we will delve into the latest industry statistics related to Instagram and explore how businesses can leverage this platform for marketing success.

The Latest Instagram Industry Statistics Explained

Instagram has over 1 billion active users.

The statistic “Instagram has over 1 billion active users” indicates that Instagram, a popular social media platform, currently has a significant user base of more than 1 billion individuals actively using the platform on a regular basis. This high number of active users highlights the widespread popularity and reach of Instagram among a global audience. The large user base on Instagram presents significant opportunities for individuals, businesses, and organizations to connect, engage, and share content with a diverse and expansive audience, making it a valuable platform for social networking, marketing, and communication purposes.

500 million users use Instagram Stories daily.

The statistic that 500 million users use Instagram Stories daily indicates the widespread popularity and engagement levels of this feature on the social media platform. Instagram Stories is a feature that allows users to share photos and videos that disappear after 24 hours, providing a more ephemeral and spontaneous way of sharing content. The fact that half a billion users engage with this feature on a daily basis highlights the significant reach of Instagram as well as the high level of user interaction with the platform. This statistic underscores the importance of visual storytelling and real-time updates in the realm of social media, demonstrating the appeal of ephemeral content among a large and active user base.

Instagram’s potential advertising reach is 849.3 million users.

The statistic that Instagram’s potential advertising reach is 849.3 million users refers to the total estimated number of individuals that can be reached with advertising on the social media platform. This metric encompasses the total audience size that advertisers can potentially target with their campaigns on Instagram. It indicates the wide reach and large audience base available to businesses and marketers for promoting their products and services. This statistic is significant as it highlights the platform’s extensive reach and potential for businesses to connect with a vast audience of users on Instagram for advertising purposes.

The average user spends 53 minutes per day on Instagram.

The statistic that the average user spends 53 minutes per day on Instagram represents the mean duration of time individuals typically spend using the platform within a 24-hour period. This figure provides insight into the extent of user engagement and the platform’s popularity. It suggests that users allocate a significant portion of their daily routine to interacting with content on Instagram, which may have implications for user behavior, advertising effectiveness, and overall usage patterns on the platform. Additionally, this statistic could be used by marketers and app developers to tailor their strategies and improve user experience.

71% of Instagram users are under the age of 35.

The statistic that 71% of Instagram users are under the age of 35 indicates a significant age demographic trend within the platform’s user base. This data suggests that Instagram has a strong appeal among younger individuals who are typically more active on social media platforms. The high percentage of users under the age of 35 implies that Instagram may be particularly effective for targeting and engaging with a younger audience in marketing and advertising efforts. Understanding the age distribution of users on Instagram can help businesses tailor their content and strategies to better connect with this demographic and leverage the platform’s popularity among younger generations.

Instagram has seen over 45 billion photos shared.

The statistic that Instagram has seen over 45 billion photos shared refers to the total number of photos uploaded and posted by users on the popular social media platform since its inception. Each photo shared on Instagram represents a user-generated visual content that can include moments from daily life, special events, travel experiences, and more. This high volume of photo sharing illustrates the platform’s immense popularity and significance in today’s digital age, highlighting the widespread use and engagement of users with visual content sharing on social media. It also reflects the role of Instagram as a key player in shaping modern communication and social interaction through the power of images.

67% of Americans aged 18-29 use Instagram.

The statistic ‘67% of Americans aged 18-29 use Instagram’ indicates that a significant majority of young adults in the United States between the ages of 18 and 29 are active users of the social media platform Instagram. This statistic suggests that Instagram is a popular and widely used platform among this age group, highlighting its influence and reach among young Americans. The high percentage of usage also implies that Instagram is likely a key platform for social interaction, information sharing, and content consumption among young adults, making it a valuable channel for communication and engagement with this demographic.

Instagram earns $20 billion in ad revenue in 2019.

The statistic “Instagram earns $20 billion in ad revenue in 2019” indicates the total amount of money generated by Instagram through advertising in the year 2019. This revenue is generated from companies and businesses paying Instagram to display their advertisements on the platform, targeting the user base of the social media platform. The significant amount of $20 billion underscores the popularity and effectiveness of Instagram as an advertising platform, as companies are willing to invest substantial sums to promote their products or services to the large and diverse audience on the platform. This revenue also represents a sizable contribution to the overall financial performance of Instagram and its parent company, reflecting the importance of advertising as a major revenue stream for social media platforms.

92% of all Instagram users say they’ve followed a brand, clicked on their website, or made a purchase after seeing a product/service on Instagram.

The statistic “92% of all Instagram users say they’ve followed a brand, clicked on their website, or made a purchase after seeing a product/service on Instagram” indicates a high level of engagement and influence that the platform has on its users. This suggests that Instagram is a powerful tool for brands to connect with their target audience and drive conversion through various actions such as following the brand, visiting their website, or making a purchase. The statistic highlights the effectiveness of Instagram as a marketing platform in engaging users and influencing their purchasing decisions, making it a valuable resource for businesses looking to reach and convert customers in today’s digital landscape.

Instagram videos get 2 times more engagement than photos.

This statistic suggests that, on average, Instagram videos receive double the level of engagement compared to photos on the platform. Engagement can include metrics such as likes, comments, shares, and video views. The data indicates that users on Instagram are more likely to interact with video content, potentially due to its dynamic nature and ability to convey more information and emotion compared to static images. This finding can be valuable for businesses and individuals looking to optimize their social media strategies by prioritizing video content to maximize audience engagement and interaction on the platform.

Instagram mobile ad revenue to reach $15.6 billion in 2022.

The statistic states that the revenue generated from mobile advertising on Instagram is projected to reach $15.6 billion in the year 2022. This indicates a substantial growth in the revenue earned through advertisements displayed on the Instagram mobile app. The increasing popularity and usage of Instagram, coupled with the effectiveness of mobile advertising in reaching a large and engaged audience, are likely contributing factors to this projected revenue increase. Businesses and marketers are recognizing the value in advertising on Instagram’s mobile platform, driving the growth in revenue projections for the upcoming year.

Overall engagement on Instagram is 1.22% per post for businesses.

The statistic ‘Overall engagement on Instagram is 1.22% per post for businesses’ represents the average rate at which users interact with business posts on the social media platform. Engagement refers to actions such as likes, comments, and shares that users take in response to the content posted by businesses. A 1.22% engagement rate means that, on average, for every 100 posts made by businesses, approximately 1.22 of those posts receive some form of interaction from users. This statistic is crucial for businesses as it indicates the level of audience interaction and interest in the content they are posting on Instagram, providing insights into the effectiveness of their marketing strategies and the overall impact of their social media presence.

Instagram influencers with up to 1k followers earn $10 per post.

This statistic suggests that Instagram influencers with a follower count of up to 1,000 typically earn $10 for each post they make on the platform. This indicates that influencer compensation is influenced by follower count, with smaller influencers generally receiving lower payment per post compared to those with larger followings. This type of data can be useful for both aspiring influencers looking to understand earning potential based on follower count, and for companies seeking to partner with influencers for marketing purposes, as it gives insight into the standard payment expectations within this niche market.

50% of Instagram users are more interested in a brand when they see ads for it on Instagram.

The statistic that 50% of Instagram users are more interested in a brand when they see ads for it on Instagram suggests that half of the platform’s user base finds advertising on the platform to be effective in capturing their attention and generating interest in a brand. This data highlights the significant impact that Instagram advertisements have on user engagement and consumer behavior, indicating that campaigns on the platform can successfully influence user perception and preferences towards brands. As a result, businesses can use this insight to strategically leverage advertising opportunities on Instagram to reach and engage with a highly receptive audience that is more inclined to explore and interact with their products or services.

Instagram has 2 million monthly advertisers.

The statistic “Instagram has 2 million monthly advertisers” indicates that there are currently 2 million businesses or individuals actively running advertising campaigns on the Instagram platform each month. This data point highlights the popularity and effectiveness of Instagram as an advertising platform, as businesses are leveraging its large user base and visual nature to reach potential customers and promote their products or services. The significant number of advertisers also suggests strong competition for ad space on the platform, with businesses recognizing the value of investing in advertising on Instagram to reach and engage with their target audiences.

Categories with the most influencers are Personal Blog, Fashion, Fitness, Beauty, and Photography.

The statistics indicate that the categories with the highest number of influencers are Personal Blog, Fashion, Fitness, Beauty, and Photography. This suggests that these particular categories attract a large number of individuals who have established themselves as influencers within these niches. Personal blogs provide a platform for individuals to share their thoughts and experiences, while the Fashion, Fitness, Beauty, and Photography categories are visually-driven and offer ample opportunities for content creation that resonates with a wide audience. The popularity of these categories among influencers may also be attributed to the strong community engagement and potential for collaboration with brands looking to reach a targeted audience through influencer marketing strategies.

References

0. – https://www.www.statista.com

1. – https://www.www.rivaliq.com

2. – https://www.mention.com

3. – https://www.www.oberlo.com

4. – https://www.www.emarketer.com

5. – https://www.influencermarketinghub.com

6. – https://www.www.bloomberg.com

7. – https://www.www.instagram.com

8. – https://www.www.businessofapps.com

9. – https://www.www.omnicoreagency.com

10. – https://www.blog.hubspot.com

11. – https://www.www.pewresearch.org

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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