TikTok is the third largest social network, will it become the world's No.1?
TikTok is one of the top social networking apps, and it continues to gain share after surpassing $Snap Inc(SNAP.US$ and $Twitter (Delisted)(TWTR.US$.
The social networking app surpassed those competitors in 2020 and grew even larger in 2021, cementing itself as the No. 3 worldwide social platform behind $Meta Platforms(FB.US$'s Facebook and Instagram, according to the inaugural forecast on TikTok users worldwide by Insider Intelligence.![]()
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![TikTok is the third largest social network, will it become the world's No.1?](https://ussnsimg.moomoo.com/1519274454319446634.png/bigmoo)
As predicted by Insider Intelligence, there will be 755.0 million monthly TikTok users in 2022. This number grew 59.8% in 2020 and will increase an additional 40.8% in 2021.![]()
While that growth will slow, it will remain high at 15.1% in 2022.
TikTok is also gaining share of overall social network users. In 2022, its share will surpass 20% for the first time and approach one-quarter by 2024.
The rise of TikTok is especially challenging for Snapchat, with which it competes head-to-head for the youth audience. Although TikTok does not share much similarity to Twitter, its massive size relative to the more–established platform is a clear reflection of the addictive nature of TikTok's content.”
--- said Debra Aho Williamson, Insider Intelligence principal analyst.
--- said Debra Aho Williamson, Insider Intelligence principal analyst.
Are you a TikTok user? Do you think TikTok will grow to the wrold's No.1?![]()
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Source: Insider Intelligence
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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搞经济 抄底 加仓 : FB ? IG ? was the report or survey
taken 5yrs ago. Tictok 3rd ???
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