{"id":1533,"date":"2024-03-17T10:52:00","date_gmt":"2024-03-17T10:52:00","guid":{"rendered":"https:\/\/prioridata.com\/?p=1533"},"modified":"2024-04-02T06:34:48","modified_gmt":"2024-04-02T06:34:48","slug":"instagram-statistics","status":"publish","type":"post","link":"https:\/\/prioridata.com\/data\/instagram-statistics\/","title":{"rendered":"Instagram Stats | Active Users, Revenue 2024"},"content":{"rendered":"\n
Founded in 2010 by Kevin Systrom and Michel Krieger, Instagram is a popular photo and short video-sharing platform. <\/p>\n\n\n\n
The iOS release of the app took place the same year, while the Android release happened two years later. <\/p>\n\n\n\n
The platform was initially started as Burbn. It quickly attracted $500,000 in seed funding and focused on offering impressive filters for pictures. Thus, Instagram was born. <\/p>\n\n\n\n
Ad revenue of Instagram from 2023 indicates a 19.4% increase from the previous year. A total of $33.3 billion in ad revenue was made in 2022. <\/p>\n\n\n\n
Keep reading if you are a marketer curious about Instagram’s revenue and usage statistics. We have shared the updated data and statistics. <\/p>\n\n\n\n As of 2023, Instagram has emerged as a popular social platform. Most of its features are known to be moving and disappearing at a dizzying rate. <\/p>\n\n\n\n A study revealed that 66% of consumers of Instagram found short-form videos most engaging. That’s why more than half of video marketers plan to include Instagram videos in their video marketing strategy. <\/p>\n\n\n\n Over the past few years, Instagram’s revenue has rapidly increased. It happened because the pandemic attracted more users and brands to join the platform. <\/p>\n\n\n\n In 2022, Instagram made an estimated $51.5 billion in revenue.\u00a0<\/p>\n\n\n\n Instagram Annual Revenue ($bn)<\/strong><\/p>\n\n\n\nInstagram Key Statistics <\/strong><\/h2>\n\n\n\n
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Instagram Overview <\/strong><\/h2>\n\n\n\n
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Instagram Revenue<\/strong><\/h2>\n\n\n\n