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Instagram: 2023 Statistics and How To Harness This Billion-User Platform for Business Growth

January 11, 2024

Instagram has emerged as a social platform and a formidable force in the marketing world. With over 1.3 billion active users worldwide as of 2022, Instagram has transcended beyond a mere photo-sharing app to a global marketplace, a trendsetter, and a community builder. The allure of Instagram is undeniable; with 70.8% of its users under the age of 35, it’s become the digital haunt for young adults – a demographic highly coveted by marketers for their spending power and trend adoption.

Engagement on Instagram is also notably high. The platform generates over four times more interactions than Facebook, its closest competitor. This level of engagement presents a significant opportunity for businesses to connect with their audience more meaningfully and interactively.

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