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X (Twitter) Statistics and Trends You Need to Know in 2024

On 23rd May, Elon Musk tweeted that X has a whopping 300 million active users daily. Learn about this and more in the article and discover why an X marketing strategy is absolutely essential.

Home / Blogs / X (Twitter) Statistics and Trends You Need to Know in 2024
Raghav Tayal
admin

Head Of Operations - Digital Web Solutions

November 23, 2024

The first ever Tweet was made by Twitter CEO Jack Dorsey in 2006. Since then, the company has reached new heights of success every year. In 2013, when Twitter became a public company, it had around 200 million users. At present, Twitter or X is one of the most popular social media platforms that allow users to share their views and opinions. Moreover, when it comes to searching for the latest news, trends, and public opinions, people highly rely on Twitter.

Despite its rebranding in July 2023, it is still one of the most popular social media platforms that allows individuals to find out the most trending information about an event or a piece of news, along with allowing them to put forward their opinions in the form of Tweets.

X (Twitter) Key Statistics

  • As of 2023, 30% of the citizens in the US haven’t heard of Twitter being rebranded as “X” and refer to the platform by its former name. Twitter in 2023 went through a significant change after it was acquired by Elon Musk in late 2022. However, a lot of people in the states are not fond of this change and refer to the platform by its former name.
  • Twitter is seeing a decrease in popularity among users above the age of 12 as 30% of 12+ users have stopped using Twitter. This trend is a result of the increasing popularity of other social media platforms such as TikTok and Instagram.
  • According to reports, the platforms witnessed 1.7 million new sign-ups every day.
  • In 2023, Twitter had over 500 million monthly active users.
  • In the United States, Twitter or X is the 6th most popular social media platform and has over 500 million users.
  • Elon Musk bought Twitter for $44 billion and made it a private company in 2023.
  • X is most popular among users between the ages of 25 and 34.
  • The platform reaches 12.6% of internet users worldwide.
  • There are more men on Twitter than women.
  • 10% of X users are responsible for 90% of the Tweets.
  • At least 500 million tweets are sent every day, meaning there are plenty of conversations to keep the users engaged.

X (Twitter) Monthly Active Users

  • In 2024, the platform has seen an increase of 13% in the daily time spent while mobile users have seen an increase of 17% in the daily spend on the platform.
  • 96% of the X users in the United States use the platform monthly. This shows that Twitter is not a platform that is used on a daily basis. The respondents stated that they check Twitter only on a monthly basis. Moreover, 84% say that they open the app only on a weekly basis, and only 56% use it on a daily basis.

X (Twitter) Daily active users

  • Twitter’s daily active users indicate the total number of unique visitors who visit the platform in 24 hours. Twitter is also very transparent about the total number of monetizable daily active users, which means the total number of logged-in accounts that enable Twitter to show ads.
  • Although after the acquisition of Twitter by Elon Musk, there have been irregularities in the updates on the number of users on Twitter, here are some statistics based on studies conducted by different platforms:
    • According to numerous studies, there are approximately 245 million daily active users on Twitter worldwide.
    • Twitter/X claims to have around 200 to 250 million daily active users on the platform.
    • However, according to an analysis by Apptopia, Twitter only has over 121 million daily active users, which is significantly lower than the company claims.
    • 1.7 million people join X on a daily basis which equates to 51 million new users acquired by the platform monthly.

X (Twitter) User Growth

  • Twitter has always been transparent about the total number of daily monetizable users. However, with its takeover and rebranding as X, the platform has reserved the right to share accurate data about user growth. However, one trend that is common in most studies is that the platform is constantly growing.
  • For instance, in the first quarter of 2017, the total number of daily active users was 109 million, and in seven years, the number increased to 245 million in 2024.

X (Twitter) Users by Country

  • Twitter is a popular social media platform worldwide. However, its popularity in the United States is higher than in any other country. Let us look at some of the statistics to understand the popularity of the platform in different countries:
    • Twitter is the fastest-growing social media platform in the US.
    • The USA has the highest number of Twitter users, with a whopping 106.6 million users.
    • Japan has 69.3 million users, and together, the US and Japan have over 170 million users.
    • Third on the list is India, but despite being in the third position, the total number of users is relatively low compared to the US and Japan.
    • In the US, one out of every three people uses Twitter, while in Japan, almost half of the population is a Twitter user.
  • Twitter is among the most popular social media platforms worldwide, with over 350 million active users worldwide. Hence, if you want your business to have a global presence, including X (Twitter) as part of your marketing strategy is imperative.

Most Popular X (Twitter) Accounts

Most people love following their favorite celebrities on Twitter because it gives them the feeling of close association with their idol. Here is the list of the top ten most popular Twitter accounts:

  1. Elon Musk:
    There is no surprise that the owner of X (Twitter) is the most popular individual on the platform. The co-founder of Tesla, SpaceX, and six other popular companies, Elon Musk is the most followed individual on Twitter with 195 million followers.
  2. Barack Obama
    The 44th president of the US, Barack Obama, has 131.7 million followers on Twitter. Despite being a former president of the country, he is popular for his resilient and diligent efforts, making him the second most popular individual on the platform.
  3. Cristiano Ronaldo
    Cristiano Ronaldo is a favorite among all football fans. Renowned as one of the top footballers in the world, Ronaldo has 112.5 million followers on Twitter.
  4. Justin Beiber
    Justin Beiber, one of the most celebrated singers who made his mark in the industry at a young age, has 110.3 million followers. Since the beginning of his career, the singer has had a devoted fan base that makes him the fourth most popular individual on the platform.
  5. Rihanna
    The popular pop singer and entrepreneur Rihanna has 108.2 million followers on Twitter. The singer has a major fan base for her music and beauty brand, making her the fifth most popular individual on Twitter.
  6. Katy Perry:
    The charismatic pop singer is on the 6th position with 106.6 million followers. The singer’s humble beginning and her current position as one of the leading stars in Hollywood have made her a popular public figure on the platform.
  7. Narendra Modi:
    The current prime minister of India is the seventh most popular individual on Twitter. A seasoned user since 2009, Mr Modi has used Twitter to raise awareness about social issues and for political campaigns. Currently, the 14th PM of India has 101.1 million followers.
  8. Taylor Swift:
    The famous American singer and songwriter is loved by her audience for her multifaceted talent and passion for music. Especially popular among young adults and teenagers, the individual has 95.2 million followers.
  9. Donald Trump:
    The 45th president of the United States has 89.6 million followers on Twitter. Although, he was banned by the platform twice for his controversial tweets and unfiltered opinions, he still remains a favorite.
  10. Lady Gaga:
    The musician and actress has 83 million followers on X. Ranked at number 10, she is known for her tweets, which encompass her singing and acting journey and her social initiative, the “Born This Way” foundation.

X (Twitter) User Demographics

Although Twitter has seen exponential growth since its advent, the rate of growth has slowed down since 2020. This has made marketers question whether investing resources in a marketing campaign is worth the effort.

Brands will be happy to know that the snappy 280-character tweets are still popular among users. The proof lies in the fact that it has almost 368 million monthly active users, which means that a marketing campaign on X will help you target millions of individuals.

The following demographic trend will help marketers craft a robust marketing campaign:

Gender demographics:

  • Twitter is dominated by the male population, with 61.3% of users being male.
  • The total number of female Twitter users is 38.8%.

Data shows that the total number of Twitter users is predominantly male, and only a fraction of the users are female. While other social media platforms have equal participation from male and female users, Twitter is relatively male-dominated.

Age Demographics:

  • Twitter is dominated by younger users, and 63.3% of users are between the ages of 18 and 34. Also, as seen in the image above, only 4.8% of people above the age of 65 use Twitter. This shows that the platform is more popular among the younger generation than the older ones.

Global Usage:

According to the latest data, Twitter is projected to have 335.7 million users (approx) globally by the end of 2024. This is much less than the number of users present on Facebook and Instagram. Nonetheless, Twitter has a high number of users who log into their accounts daily. In fact, Elon Musk declared that 259.4 million log into X/ Twitter on a daily basis.

Twitter Demographic Trend in the US:

  • The United States had the highest number of Twitter users, with 105.42 million active users. Here are some key X/Twitter trends in the US:
    • 71.3% of X or formerly Twitter users are between 18 and 34 years old.
    • Twitter is also dominated by the male population in the US, with 61% of users being male and 39% of users being female.
    • More than half of the Twitter users in the US have a college degree, and more than 29% of the users earn more than $100,000 annually.

Why People Use X (Twitter)

  • Unlike other social media platforms that act as a source of entertainment, X (Twitter) is used as a source of news as well. Moreover, people also use Twitter to research brands, and entertainment is the third reason why people use Twitter.
  • According to a study conducted by DataReportal, 60.6% of respondents stated that they use the platform to search for news, 34.9% agreed that they use it to research or follow a brand, 34.8% look for funny and entertaining content, 27% share photos and videos, and only 19.2% of people use it to message their friends and family.
  • People also engage with brands on X more than ever. Brands have witnessed 63% more likes, a 20% increase in reposts, a 14% increase in views, and a 6% increase in impressions on average.
  • Users are using the platform to search for different information, as seen in the reports. So far, in 2024, there have been around 59 billion searches on X globally.
  • Studies also show that there have been 8 billion views on the platform per day which is a 43% increase from last year. In 2020, Twitter was witnessing 2 billion views per day. To reach 8 billion views in just three years may seem unrealistic, but the reports show that people are using the platform to view videos.
  • One million plus jobs have also been posted on X, which shows that a lot of people are looking for jobs and hires on the platform.
  • The top four conversation topics on the platform are sports, music, food, and gaming, meaning that Twitter is also a go-to choice for people looking for entertainment content.

Time Spent on X (Twitter) per Day

  • According to the latest announcement by the company, a person spends, on average, 32 minutes per day on Twitter. Moreover, an average user in the US who is above the age of 18 spends around 34.1 minutes per day on the platform, which is more than the global average.

X (Twitter) by the Money

  • Twitter’s valuation has been constantly growing. During the first funding, it was valued at $220,000. After this, it has exponentially grown, and in 2011, it was evaluated to be worth $9.25 billion.
  • During the 2013 IPO, the platform valued itself at $14.2 billion. The company had the highest market capitalization in 2021, with $61.5 billion. And at the end of 2022, the company was bought by Elon Musk for $44 billion.

X (Twitter) Revenue by Year

  • In 2023, when Twitter was bought by Elon Musk, the valuation of the company in advertising revenue was to be worth $2.98 billion. This is a 28% decrease compared to 2022.
  • In 2021, the advertising revenue of X was 4.46 billion, whereas in 2022 and 2023, the advertising revenue was 4.14 billion and 2.98 billion, respectively.
  • Twitter registered a $5.01 billion annual revenue in 2023.
  • Twitter Blue, which is a paid subscription introduced by the platform, could only make 11 million through its mobile subscription in the first three months.

How Many Employees Does X (Twitter) Have?

  • Currently, Twitter has 1,000 full-time employees. Before Elon Musk acquired the company, it had around 7,500 employees. Moreover, according to PayScale, the average salary of a Twitter employee is $117,000, and employees on an H1B visa earn around $220,000.

Most Popular Social Media Worldwide

As a marketer, your time is precious. Therefore, understanding the statistics mentioned above and how you can use them in your marketing strategy will play a crucial role in your success.

You need to understand that if you talk about the most popular social media platform worldwide, then the undisputable winner is Facebook, with 3070 million users globally.

However, this doesn’t mean that a Twitter marketing campaign is not worth the effort.

X has evolved from a platform that was used by users to put forward their personal opinions to, at present, a powerful marketing tool. With 200 million monetizable users daily, the platform has become an indispensable part of every marketing campaign. But here, you need to remember that just like any marketing campaign on different social media platforms, X marketing campaign also requires intentional planning, a clear goal, and a strategy to achieve the goals.

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