05 November 2024

Social Media Today Report: Instagram Now Has More Users Than Facebook in EU

 This is an interesting shift.

Instagram Now Has More Users Than Facebook in EU

Last week, in addition to reporting its Q3 performance update, Meta also shared its latest EU user numbers for Facebook and Instagram as part of its Digital Services Act (DSA) obligations.
And the numbers show that Instagram has now surpassed Facebook’s active user count in the region.
Instagram Facebook EU numbers
As you can see in this graph, Instagram now has 269.1 million monthly active users in EU, versus 260.6 million for Facebook. In Meta’s first EU user report, covering the period between April to September 2023, both platforms had the same user count, at 259 million MAU.
But now, IG has superseded the company’s flagship app, with Facebook seeing much slower growth, and even slightly declining in usage over the most recent measurement period (April to September this year).
Could that be a more common trend around the world, with Facebook potentially losing audience, as Instagram continues to add more users?
Well, we don’t know for sure, as Meta stopped reporting Facebook’s monthly active user counts this year, in favor a combined audience measurement for its entire “Family of Apps” (Facebook, Instagram, Messenger, WhatsApp and Threads).
But based on the last time that it reported Facebook’s monthly actives (Q4 2023), it does seem that this is more likely confined to EU, and potentially U.S. audiences.
Meta Q4 2023
As you can see in this chart, Facebook’s EU user count was in decline throughout 2023, and really, had been on a downward trend since 2022. Its U.S. user count had also been fairly stagnant, but Facebook usage was still growing in other markets.
  • As such, it seems like this shift would be more confined to EU, and not reflective of broader trends. 
  • But even so, it is interesting to see IG potentially taking the mantle from Facebook as Meta’s main app, even if only in selected markets.
The other question then is: 
“Why is Facebook losing traction with European audiences?”
Whatever the reason, it is also important to note that Facebook remains hugely popular in the region, with 260 million active users. 
TikTok has 150 million EU monthly actives, while X has 66 million, so on balance, even with a slight decline, Facebook is still a key interactive platform for European users.
It’s just not as popular as IG now is, which likely suggests that Facebook isn’t catching on with younger audiences as well as it used to.

Thanks again to Xavier Degraux for the heads up on the latest EU reports.

RELATED
Europe Social Network Users 2022

No comments:

24X NATIONAL EXCHANGE: Securities & Exchange Commission Approves Application Trading U.S. securities 23 hours a day, five days a week, but not at weekends

Stock trading all hours, well almost 24/7, moved   one step closer Wednesda y   after a startup received approval from U.S. regulators to op...