Key Takeaways
- Instagram has 2 billion monthly active users as of 2024.
- 61.5% of Instagram's global audience is male as of early 2024.
- The largest age group on Instagram is 18-24 years old, comprising 31.7% of users.
- Users spend an average of 30 minutes per day on Instagram.
- 500 million people use Instagram Stories daily.
- 200 million users visit at least one business profile daily.
- 1.4 billion likes are given daily on Instagram.
- 100 million photos are uploaded daily.
- Reels account for 20% of time spent on app.
- Instagram generated $51.4 billion in ad revenue in 2023.
- CPM for Instagram ads averages $8.58 in 2024.
- 1.4 million advertisers on Instagram.
- Instagram grew by 70 million users in 2023.
- Instagram's user base grew 6% YoY in 2023.
- Reels views increased 125% since launch.
Instagram is a massive platform with two billion active users who love shopping and video content.
Advertising and Monetization
- Instagram generated $51.4 billion in ad revenue in 2023.
- CPM for Instagram ads averages $8.58 in 2024.
- 1.4 million advertisers on Instagram.
- CPC for Instagram ads is $1.39 on average.
- 73% of teens discover products via Instagram ads.
- ROAS for Instagram ads averages 2.8x.
- Stories ads have 1.5% CTR.
- Reels ads projected to be 50% of ad spend by 2025.
- 200 million users engage with business profiles daily.
- Instagram Shopping drives $10 billion in sales yearly.
- Affiliate marketing on Instagram worth $15 billion in 2023.
- Nano-influencers have 8.37% engagement rate for ads.
- 44% of users shop weekly on Instagram.
- Ad formats: Feed 40%, Stories 30%, Reels 20%.
- Creator payouts exceeded $1 billion via bonuses.
- 25% of ad revenue from e-commerce brands.
- Video ads outperform images by 25% in conversions.
- 90 million monthly shoppers on Instagram.
- Average conversion rate for Instagram ads is 1.08%.
- Branded content partnerships grew 20% YoY.
- AR ads increase purchase intent by 17%.
- 60% of marketers plan to increase Instagram ad budget.
- Shop ads have 2x higher ROAS than feed ads.
- Influencer ROI is $5.78 per $1 spent.
- 32% of brands allocate 20% budget to Instagram.
- Collection ads boost conversions by 23%.
- Badges in Lives generate $50k per creator avg.
- Dynamic ads personalize for 30% better performance.
- 50% of small businesses use Instagram for sales.
- Instagram ad revenue grew 23.5% in 2023.
- Leads from Instagram ads cost $2.50 avg.
- 70% of users discover new products via ads.
Advertising and Monetization Interpretation
Content and Features
- 1.4 billion likes are given daily on Instagram.
- 100 million photos are uploaded daily.
- Reels account for 20% of time spent on app.
- 50% of content on Instagram is video.
- Average post lifespan is 48 hours.
- 11 million photos tagged with #love daily.
- Stories last 24 hours and are viewed 500 million times daily.
- IGTV videos average 10-15 minutes length.
- 30 hashtags per post is optimal.
- Carousel posts get 3x more engagement.
- 70% of users prefer video content.
- Guides feature used by 10% of creators.
- AR filters used in 1 billion Stories.
- Music stickers in Stories boosted by 30%.
- 25% of posts use location tags.
- Reels can be up to 90 seconds long.
- 95 million photos/videos shared daily.
- Boomerang loops shared 1.5 billion times.
- Layout feature used for collages by 20%.
- Hyperlapse videos stabilize shaky footage.
- 60% of Stories use text overlays.
- Alt text added to 15% of images for accessibility.
- Collab posts split ownership 50/50.
- 40 million Stories use question stickers.
- Reels remixing feature used 10 million times.
- 1 million businesses use Shopping feature.
- Live badges earned $100 million in 2022.
- Subscriptions feature for 10k creators.
- 20% of feed is Reels content.
- Average Reel length is 15 seconds.
- 35% of content is user-generated.
Content and Features Interpretation
Engagement and Usage
- Users spend an average of 30 minutes per day on Instagram.
- 500 million people use Instagram Stories daily.
- 200 million users visit at least one business profile daily.
- Average engagement rate for Instagram posts is 0.50%.
- Reels get 22% more engagement than regular videos.
- 81% of users shop after seeing a product on Instagram.
- Users generate 95 million photos and videos daily.
- Stories have 8 billion daily views.
- 70% of users have made a purchase through Instagram.
- Average time spent per visit is 10.5 minutes.
- Carousels have 1.4% engagement rate on average.
- 63% of users turn to Instagram for product discovery.
- Videos generate 12.9% more engagement than images.
- 130 million monthly users tap shopping posts.
- User-generated content sees 28% higher engagement.
- 55% of users check Instagram right after waking up.
- Hashtag posts reach 12.6% more audience.
- 90% of users follow a brand on Instagram.
- Peak usage time is 9 AM on weekdays.
- Influencer posts get 8x higher engagement.
- 48% of users prefer short-form video content.
- DMs are used by 300 million users daily.
- Live videos have 6x more engagement.
- 65% engage with brands weekly.
- Average session duration is 53 minutes monthly.
- Polls in Stories boost engagement by 20%.
- 75% of users feel connected to brands.
- Reels watch time increased 21% in 2023.
- 58% save posts for later inspiration.
- Comments per post average 0.5% of followers.
- 40% of users watch Reels daily.
- Shares increase reach by 15%.
Engagement and Usage Interpretation
Growth Trends and Comparisons
- Instagram grew by 70 million users in 2023.
- Instagram's user base grew 6% YoY in 2023.
- Reels views increased 125% since launch.
- Instagram market share among social platforms is 16.8%.
- Time spent on Instagram up 10% in 2023.
- Shopping sales grew 40% YoY.
- Instagram overtook Facebook in US usage for under-30s.
- Ad revenue CAGR of 25% from 2018-2023.
- 362 million new users added since 2020.
- Reels daily plays reached 200 billion in 2023.
- Instagram Stories grew 20% in usage since 2022.
- Penetration rate in India rose to 30%.
- US user growth slowed to 2% in 2023.
- Global DAU grew 8% YoY.
- Instagram vs TikTok: Instagram has 2x users but less video time.
- Creator economy on Instagram doubled since 2021.
- Threads integration boosted signups by 100 million in days.
- Live video usage up 25% post-pandemic.
- Market share vs Snapchat: 4x more users.
- Revenue per user $25.75 in 2023.
- Algorithm changes increased reach 30% for Reels.
- International growth led by Asia at 15% YoY.
- Instagram vs YouTube: 2x daily active users.
- Subscriptions feature grew to 5k creators monthly.
- ARPU increased 20% in 2023.
- User retention rate 78% monthly.
- Broadcast channels reached 100 million users.
- Engagement per post up 12% with new features.
- Instagram captured 30% of Meta's total ad revenue.
- Download installs grew 5% in app stores 2023.
Growth Trends and Comparisons Interpretation
User Base and Demographics
- Instagram has 2 billion monthly active users as of 2024.
- 61.5% of Instagram's global audience is male as of early 2024.
- The largest age group on Instagram is 18-24 years old, comprising 31.7% of users.
- In the US, there are 169.65 million Instagram users as of January 2024.
- India has the largest Instagram user base with 413.85 million users in 2024.
- 32.3% of global internet users are active on Instagram.
- Women make up 50.6% of Instagram's advertising audience.
- 60% of users under 35 years old in the US use Instagram daily.
- Brazil has 140.3 million Instagram users as of 2024.
- 45.8% of Instagram users are aged 25-34.
- Indonesia has 103.42 million Instagram users.
- 72.5% of US teens use Instagram.
- Turkey has 58.45 million Instagram users.
- 30.6% of Instagram users are from North America.
- Mexico has 40.34 million Instagram users.
- 51% of Instagram users are female globally.
- Japan has 66 million Instagram users.
- 62% of Gen Z in the US uses Instagram.
- UK has 33.4 million Instagram users.
- Philippines has 35.35 million users.
- 44% of Instagram users have a household income over $75k in the US.
- Germany has 32.6 million Instagram users.
- 29% of US adults use Instagram for news.
- South Korea has 25.8 million users.
- 68% of Instagram users are outside the US.
- France has 25.5 million Instagram users.
- 55% of users log in daily.
- Italy has 24.7 million users.
- 40% of users are married.
- Spain has 22.9 million Instagram users.
User Base and Demographics Interpretation
Sources & References
- Reference 1BUSINESSOFAPPSbusinessofapps.comVisit source
- Reference 2STATISTAstatista.comVisit source
- Reference 3BLOGblog.hootsuite.comVisit source
- Reference 4DATAREPORTALdatareportal.comVisit source
- Reference 5BACKLINKObacklinko.comVisit source
- Reference 6SPROUTSOCIALsproutsocial.comVisit source
- Reference 7DEMANDSAGEdemandsage.comVisit source
- Reference 8PEWRESEARCHpewresearch.orgVisit source
- Reference 9SOCIALPILOTsocialpilot.coVisit source
- Reference 10SOCIALINSIDERsocialinsider.ioVisit source
- Reference 11ANSTREXanstrex.comVisit source
- Reference 12RIVALIQrivaliq.comVisit source
- Reference 13LATERlater.comVisit source
- Reference 14HELPhelp.instagram.comVisit source
- Reference 15ABOUTabout.instagram.comVisit source
- Reference 16BUSINESSbusiness.instagram.comVisit source
- Reference 17SOCIALMEDIATODAYsocialmediatoday.comVisit source
- Reference 18WORDSTREAMwordstream.comVisit source
- Reference 19WEBFXwebfx.comVisit source
- Reference 20ADROLLadroll.comVisit source
- Reference 21EMARKETERemarketer.comVisit source
- Reference 22MODERNRETAILmodernretail.coVisit source
- Reference 23INFLUENCERMARKETINGHUBinfluencermarketinghub.comVisit source
- Reference 24NICKCICEROnickcicero.comVisit source
- Reference 25FACEBOOKfacebook.comVisit source






