After Acquisition by Elon Musk, Twitter Market Share Increases by 55%,  Facebook’s Declines by 12%,

Must read

Twitter, a major social media platform, has recently seen a progressive rise in its market share, with Elon Musk’s purchase of the business acting as a key driver. While Twitter is expanding, Meta Platform’s Facebook is seeing a decline in share.

Specifically, information gathered and assessed by Finbold on November 8 shows that Twitter’s market share will increase by 55.86% in 2022. On the other side, between January and November 2022, Facebook’s share fell by 11.86%. In terms of market share, both desktop and mobile devices are taken into account globally.

According to a breakdown of market share, Facebook started the year with 76.85%, the platform’s greatest percentage through 2022, while the value stood at 67.73% in November. In other words, Twitter’s market share increased from 7.16% in January to 11.16% in November.

For Twitter and Facebook to sustain their market share, the companies will need to focus more on attracting users while keeping an eye on the growing competition.

Copyright DAYBREAK.

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from DAYBREAK NEWS.

More articles


Please enter your comment!
Please enter your name here

- Advertisement -

Latest article