A report by Statista says that by 2020, there will be around 2.96 billion who will be using social media across the globe, and by 2021, this number will touch to 3.10 billion.
Gradually with time, social network penetration is increasing in leaps and bounds, and as of January 2019, it was reported at 45%. Experts believe that the number will increase exponentially as the lesser developed nations experience infrastructure development and availability of cheaper mobile devices.
In fact, social media’s highest penetration is through mobile devices.
As far as the most popular social media network is concerned, Facebook boasts of touching 2.4 monthly active users, making it the most popular social media network followed by Instagram, WhatsApp, and Facebook Messenger.
Nevertheless, a question that might crop up in the minds of many is that what are some of the notable social media predictions for the year 2020. Let us have a quick look at them.