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Social Media Update Q4 2022

More Twists at Twitter, a Potential TikTok Ban, and a Thumbs Up for Snap’s AR Ambitions

Report by Jasmine Enberg, Daniel Konstantinovic  |  Dec 23, 2022
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Table of Contents
Executive Summary
Meta: AI May Improve Ads and Quell Ad Revenue Losses
Facebook: Reels Remains Front and Center
Instagram: New Ad Format Paves the Way for More Creator Monetization
Snapchat: AR Gets a Boost With Big Partnerships
TikTok: Reorganization Amid Spending Slowdown and Regulatory Pressure
Twitter: Musk Pilots the Platform Into Advertising Disaster, Polls Users on His Departure
YouTube: Freeing Up Control of the Ad Experience
Media Gallery
About This Report
Q4 was another turbulent quarter for social media: Support for a US ban on TikTok grew; Elon Musk announced he would step down from Twitter once he finds a replacement; and Meta suffered its first-ever major round of layoffs. But there were still bright spots for marketers.
Topics
Social Media Usage
Social Media Users
Social Media Marketing
Worldwide
Table of Contents
Executive Summary
Meta: AI May Improve Ads and Quell Ad Revenue Losses
Facebook: Reels Remains Front and Center
Instagram: New Ad Format Paves the Way for More Creator Monetization
Snapchat: AR Gets a Boost With Big Partnerships
TikTok: Reorganization Amid Spending Slowdown and Regulatory Pressure
Twitter: Musk Pilots the Platform Into Advertising Disaster, Polls Users on His Departure
YouTube: Freeing Up Control of the Ad Experience
Media Gallery

Executive Summary

This is the latest installment in an ongoing series of updates for the social media platforms. The goal of each report is to provide a summary of key developments and their implications for marketers.

3 KEY QUESTIONS THIS REPORT WILL ANSWER

  1. Can Meta’s new automated tools and ad formats help quell its ad revenue losses?
  2. Will Twitter survive with—or without—Elon Musk as CEO?
  3. Can TikTok continue its growth trajectory amid growing support to ban it in the US?

WHAT’S IN THIS REPORT? Key developments for Facebook, Instagram, Snapchat, TikTok, Twitter, and YouTube during Q4 2022, and how brands and marketers can navigate those changes.

Twitter Users Worldwide, 2019-2024 (millions, % change, and % of social network users)
E-Mail ChartDownload

KEY STAT: Twitter will lose more than 30 million monthly users worldwide between 2022 and 2024, erasing all the growth it gained during the pandemic, per our latest forecast.

Here’s what’s in the full report

1file

Exportable files for easy reading, analysis and sharing.

1chart

Reliable data in simple displays for presentations and quick decision making.

Table of Contents

  1. Executive Summary
  2. Meta: AI May Improve Ads and Quell Ad Revenue Losses
  3. Facebook: Reels Remains Front and Center
  1. Instagram: New Ad Format Paves the Way for More Creator Monetization
  2. Snapchat: AR Gets a Boost With Big Partnerships
  3. TikTok: Reorganization Amid Spending Slowdown and Regulatory Pressure
  1. Twitter: Musk Pilots the Platform Into Advertising Disaster, Polls Users on His Departure
  2. YouTube: Freeing Up Control of the Ad Experience
  3. Media Gallery

Charts in This Report

Twitter Users Worldwide, 2019-2024 (millions, % change, and % of social network users)

authors

Jasmine Enberg, Daniel Konstantinovic

Contributors

Jeremy Goldman
Principal Analyst
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