Updated · Jan 10, 2024
Muninder Adavelli is a core team member and Digital Growth Strategist at Techjury. With a strong bac... | See full bio
Updated · Jan 03, 2024
Muninder Adavelli is a core team member and Digital Growth Strategist at Techjury. With a strong bac... | See full bio
If I was asked to describe myself using just a few words, I’d go with digital marketing expert, ex... | See full bio
Snapchat has taken some giant strides since its humble launch. Today, it is one of the most popular social media apps, offering something to everyone.
To find out more about how it got to be that way, you can check out these up-to-date Snapchat statistics. Here is a taste of what's about to come.
TechJury will look, among other things, at its history, as well as its demographic and usage data. We will also take a look at the financial side of managing this highly influential company.
As is often the case with any self-respecting social media giant, Snapchat’s backstory is filled with interesting anecdotes.
(Source: Investor Relations)
Snapchat's daily active user count reached 375 million worldwide in Q4 of 2022, which is an increase from the 363 million global DAU recorded in Q3 of the same year. The app has experienced consistent growth in daily active users since the start of 2019.
Years in Quarters | Number of DAU in Millions |
2019 Q1 | 190 |
2019 Q2 | 203 |
2019 Q3 | 210 |
2019 Q4 | 218 |
2020 Q1 | 229 |
2020 Q2 | 238 |
2020 Q3 | 249 |
2020 Q4 | 265 |
2021 Q1 | 280 |
2021 Q2 | 293 |
2021 Q3 | 306 |
2021 Q4 | 319 |
2022 Q1 | 332 |
2022 Q2 | 347 |
2022 Q3 | 363 |
2022 Q4 | 375 |
(Source: Bloomberg)
Snapchat was created in 2011 by Evan Spiegel, Bobby Murphy and Reggie Brown while they were studying at Stanford University.
(Source: EconoMaldives)
Success requires patience and persistence, and Snapchat’s founders know this better than most. They tasted failure 34 times before coming up with a winner.
(Source: Techcrunch)
Today Snapchat users are in the millions, but the app’s launch was nothing special. Evan, Bobby, and Reggie submitted Picaboo as their group project at Stanford. Their reviewers were fellow students who didn’t find the idea of an app sending self-destructing photos exciting. The public thought otherwise and embraced the app wholeheartedly—the rest, as they say, is history.
(Source: Forbes)
One of the most remarkable facts about Snapchat has to do with its genesis. Brown’s wish for an app that could send photos with a self-destruct timer led to the creation of Snapchat. Spiegel became the CEO and Murphy - CTO, while Brown took the role of chief marketing officer.
(Source: Techcrunch)
Reggie Brown filed a lawsuit against Evan Spiegel and Bobby Murphy in 2013, alleging he was forced out of the company without compensation. In September 2014, Snapchat paid its third co-founder $157.5 million in cash to settle the lawsuit.
(Source: Forbes)
This is another one of those interesting Snapchat facts that many don’t know. Inspired by the Ghostface Killah of the Wu-Tang Clan, Brown named Snapchat’s logo Ghostface Chillah. The logo represents the “now you see it, then you don’t” nature of this photo messaging service.
If you want to create a stunning logo yourself, there are dozens of awesome logo makers that can get the job done in minutes.
(Source: SearchEngineJournal)
Did you know that Mark Zuckerberg tried to buy Snapchat not once, but twice? In October 2013, the Facebook CEO offered $1 billion. Snapchat said, “No, thanks.” A month later Zuckerberg raised the offer to $3 billion - for a company where users “trade snapchats”! Still, Spiegel and Murphy showed faith and again refused to sell! When the company went public, the market valued the company at $28 billion, almost 10 times more than Zuckerberg’s offer!
(Source: Techcrunch)
It wasn’t only Facebook that wanted to acquire Snapchat. Google wanted to buy it as well. The world’s most popular search engine offered Snapchat $30 billion just before its IPO in 2016, but Evan Spiegel refused to sell.
(Source: Business Insider)
Snapchat invented the Stories format, which allows users to share snaps in chronological order. Instagram, having more than twice as many users, blatantly copied the format later and then made it more popular than ever.
(Source: Wikipedia)
The company has a team of dedicated employees who work to ensure that the app remains user-friendly, reliable, and up-to-date with the latest trends and features.
The number of employees at Snapchat Inc. has fluctuated, with both increases and decreases at different times.
Years | Number of Employees |
2016 | 1859 |
2017 | 3069 |
2018 | 2884 |
2019 | 3195 |
2020 | 3863 |
2021 | 5661 |
2022 | 5288 |
(Source: Mashable)
SnapKidz allows users under the age of 13 to take snaps, caption them, make drawings, and save snaps and drawings locally on the phone. However, it doesn’t support sharing snaps or adding friends.
How big is Snapchat in terms of revenue? This section provides answers to questions related to Snapchat’s earnings.
(Source: Business of Apps)
Snapchat generated a total of $4.9 billion in 2022 which is an increase from $2.5 billion in 2020.
Year | Revenue ($bn) |
---|---|
2015 | 0.05 |
2016 | 0.4 |
2017 | 0.8 |
2018 | 1.1 |
2019 | 1.7 |
2020 | 2.5 |
2021 | 4.1 |
2022 | 4.6 |
(Source: Business of Apps)
During Q4 of 2022, Snapchat recorded the highest average revenue per user (ARPU) in North America at 8.77 US dollars. For Europe, this figure stood at 2.38 USD per user, whereas for the rest of the world, it was 1.1 USD. Overall, Snapchat's ARPU for Q4 2022 across the world rose to 3.47 USD, compared to the previous quarter's 3.11 USD.
(Source: Statista)
The largest Snapchat user base in the world was recorded in India as of April 2022, with an audience of 144.35 million users, while the United States secured the second position with over 107 million users. It is anticipated that the photo-sharing platform will achieve a global user count of almost 400 million by 2024.
Country | Size of Audience in Millions |
India | 144.35 |
United States | 107.95 |
France | 24.7 |
Pakistan | 22.25 |
United Kingdom | 21.35 |
Saudi Arabia | 20.45 |
Mexico | 17.25 |
Snapchat is one of the most popular social networking apps, but how often do users actually use it? Let’s find out.
(Source: Pew Research Center)
The latest Snapchat Statistics show 63% of its users in the US visit the platform daily and 51% access it multiple times a day.
(Source: CNBC)
People who use Snapchat open the app 30 time a day. More than 4 Billion snaps are sent every day on the platform. A majority of Snapchat's daily active users, 63%, use augmented reality (AR) filters.
(Source: Aryxe)
Snapchat videos get more than 10B daily views. Snapchat app is accessed by 56.4% of U.S. mobile audiences.
(Source: Investor)
Snapchat statistics show that every single day people create around 5 billion snaps in 2022. That is way more than 2017 data when there were approximately 3.5 billion photos and videos per day.
(The Sun)
Snapchatters love sending photos of their drinks more than anything else.
(Source: Piktochart)
No one likes to receive unsolicited nude photos. There are almost 100 million Snapchatters who have received such photos at least once. Unfortunately, Snapchat continues to look the other way.
(Source: Suntrics)
Snapchat streaks are silly but a lot of fun. You get a Snapchat streak after you and your friend have each share one snap a day for at least three days.
As of May 2018, the highest streak was 1,154. That’s almost three years and two months! In 2021, that figure has doubled to nearly 2090, according to statistics about Snapchat.
(Source: Statista)
Subscriptions on the photo-sharing app are growing YOY. That should come as no surprise given that it’s one of the fastest-growing social platforms, especially with the younger generation.
Popular as Snapchat is, not everyone appreciates it equally. It’s much popular within one particular age group. Which one is that? Have a look.
(Source: Investor Relations)
The thing about Snapchat is that user as young as 13 are free to join. When evaluating the majority of subscribers age-wise, it has emerged that ¾ of them belong to the Generation Z and millennials age groups.
(Source: Pew Research Center)
Within the United States, the age group that dominates Snapchat is between 15 to 25 years old, as they account for 48% of its users. The group aged between 26 to 35 represents 30% of the user base, while the age ranges of 36 to 45, 46 to 55, and 56 and above comprise 18%, 11%, and 5% of the platform, respectively.
(Source: Statista)
Snapchat is the most popular app among teenagers and young adults, with Facebook - at 66% and Instagram - at 76%.
(Source: Data Reportal)
In January 2023, slightly more than half (51%) of Snapchat's user base comprised women, while just over 48% were men. During the first quarter of 2022, the photo and messaging app had 332 million daily active users globally.
Given the high number of Snapchat users, marketers frequently use the platform to build brand awareness, increase social media presence, share exciting offers, and boost sales.
(Source: Statista)
Snapchat has 265M daily active users and, as such, is a marketing goldmine for advertisers. Businesses can use Snapchat in multiple ways to promote their brand and increase sales – from using sponsored geo-filters and video content to leveraging influencers. Big brands that have used or are using Snapchat for promotional activities include Nike, Audi, and Cisco.
(Source: Comscore)
Think Snapchat popularity is low and should be higher? Recent statistics prove it is actually enjoying a good deal of attention. The platform’s impressive reach and low ad prices make it a great marketing tool for advertisers.
(Source: Statista)
When it comes to advertising on Snapchat, the majority of brands prefer to use video content—and perhaps rightly so. Videos tend to have a much wider organic reach compared to other types of content.
(Source: Business Insider)
Users can view publisher content in the Discover section of the app. Recent Snapchat stats show 35 million people check publisher content daily. This indicates publishing video ads on Snapchat may help you gain a competitive advantage.
(Source: Statista)
54% of Snapchatters regularly view Buzzfeed content via Discover. These figures for Comedy Central and iHeart Radio are 44% and 32%, respectively. Other popular brands on Snapchat are Food Network, ESPN, and People.
(Source: Adweek)
Besides publishing video content in the Discover section, marketers can launch a sponsored filter campaign to spread brand awareness. That’s exactly what Taco Bell did—and with great success. With 224M impressions in a single day, it is the most viewed ad on Snapchat yet.
(Source: Business of Apps)
Over the fiscal years ending from December 2018 to 2022, Snap's average gross profit margin was 50.3%, and its median gross profit margin during this period was 52.8%. Looking back at the past five years, the highest gross profit margin for Snap was recorded in December 2022, which peaked at 61.0%.
When Snapchat was launched, teens and young adults embraced the app.
They apparently love it no less today, considering it’s the sixth most popular social networking app in the world.
No wonder then, Snapchat has also quickly evolved as a great marketing tool, giving marketers an opportunity to reach out to millions at once.
While Snapchat statistics are largely encouraging, there’s one piece of data that won’t please its well-wishers - the app is currently struggling to increase its users.
Can Evan Spiegel pull a rabbit out of his hat and take Snapchat to the next level?
Well, his target audience sure hopes so.
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