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New Report Predicts That TikTok Will Surpass One Billion Users in 2021

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new report predicts that tiktok will surpass one billion users in 2021

What does the future hold for TikTok under a Joe Biden-lead White House?

According to app analytics provider App Annie, big things – in its predictions for 2021, App Annie says that TikTok will exceed one billion users over the course of the next year.

TikTok growth projection

As per App Annie:

“TikTok has seen sharp growth in active users by amassing a sizable global footprint in 2020 — nearly tripling in size since 2018. In 2021, we expect TikTok to not only achieve a coveted spot in the 1 Billion monthly active users club, but to sail straight past to 1.2 billion.”

App Annie also notes that TikTok saw the second-highest consumer spend among non-gaming apps in Q3 2020, which underlines its earnings potential.

“Whilst TikTok monetizes through ads, it also allows users to transact in the app through sales of virtual gifts used for tipping streamers.”

That, seemingly, puts TikTok in a strong position heading into the new year – but it does, of course, assume that TikTok will still be operational in the US, which, technically, is still in question.

I say technically, because thus far, TikTok has avoided any penalties scheduled to be imposed on it as part of the Trump Administration’s Executive Order issued back in August, which ruled that TikTok needed to be sold to a US-owned business or it would be banned in the US completely. But it’s not totally free of any impacts just yet.

At last check, the Pennsylvania District Court had ruled against the proposed ban on TikTok after a group of prominent TikTok users sought an injunction, arguing that banning the app would impact their livelihoods. The court agreed, which essentially suspended the final element of the EO, meaning that TikTok could continue on, as normal, in the US, with no impacts, regardless of whether it ends up being sold to Oracle/Walmart or not.

But that ruling, and all others, are subject to appeal by the US Government, if it so chooses to enforce the original order. Some had suggested that the Trump administration would be seeking to push harder for a TikTok ban if it won the election, as the public perception that TikTok has successfully avoided a ban could look bad for its authority. But with Joe Biden now the President-elect, that changes things significantly.

According to reports, a Biden administration is likely to take a less critical stance on TikTok and the concerns around its ownership.

As per The Denver Post

“Robert Atkinson, the president of the Information Technology and Innovation Foundation, which is funded by U.S. tech companies, said the TikTok ban was “much more of a Trump issue” that Biden might drop.”

Indeed, additional reports have suggested that the proposed Oracle-lead deal for TikTok is likely to come under heavy scrutiny by the Biden Administration, and is unlikely to be approved. Which would mean that TikTok would come out of the process unharmed – not totally free of impacts, as it did lose a CEO in the scuffle with the Trump Admin. But from a practical standpoint, it would remain available, utilizing the same systems, the same algorithms. TikTok, as users know it, would be exactly the same, if these projections are correct.

That could mean that it’s time for brands to get on-board. If TikTok is set to join the billion-user club, that will present significant opportunities, and with the platform adding in more eCommerce tools and other options, it could present significant value as a brand promotion vehicle.

Some will remain hesitant, and the current legal challenges by the Trump Admin will need to play out before there’s any concrete path forward for the app. But it seems like TikTok could be the place to be – as based on this analysis, many, many more users will be flocking to the app. 

Socialmediatoday.com

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Elon Musk’s X and Amazon discuss potential collaboration

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Elon Musk’s X and Amazon discuss potential collaboration

In a significant development in the social media industry, Elon Musk’s social media platform, X, is reportedly engaging in preliminary discussions …

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Threads Looks Set to be Made Available to European Users Next Week

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Threads Looks Set to be Made Available to European Users Next Week

Good news with EU social media fans, with Threads looking set for a December 14th launch in the region, just in time to capitalize on holiday engagement.

As reported by The Verge, EU Instagram users can now access a countdown timer at www.threads.net, which seemingly indicates the exact time for the upcoming EU launch. Meta hasn’t made any official announcement, but the countdown clock is only visible to European users, while EU users can also search ‘ticket’ in the Instagram app to find a digital invitation to Threads.

Which replicates the original Threads launch back in July, which included similar Easter eggs and indicators pointing to the launch date (like the above).

The EU launch of Threads has been delayed by evolving EU data privacy regulations, which, due to the timing of the implementation of these new rules, has put additional development burden on the Threads team to ensure compliance with the new parameters. Amid the initial Threads launch, Instagram (and Threads) chief Adam Mosseri said that it could take “many months” for Threads to reach EU users due to these additional complications.

But we have since seen indicators that Threads is coming.

Last month, The Wall Street Journal reported that Meta had an established plan to launch Threads to EU users in December, while app researchers have found various references to an upcoming “Threads EU Launch” in the app’s code.

Threads EU launch

Given the various strands of evidence, it does indeed seem likely that European users will get access to the app next week. And again, with social media usage increasing during the holiday break, that would also provide the best opportunity for Meta to capitalize on its opportunities.

Which are seemingly on the rise. As more people turn away from Elon Musk’s X project, largely due to Musk’s own divisive commentary, they’re seeking a real-time social alternative, and for many Threads is already filling that void.

That’s especially true for journalists, a common target of Musk’s attacks, who are now establishing new networks within the Threads ecosphere. And while live sports engagement remains high on X, Threads is also making a push to win over more sports communities, even placing ads courtside during the new NBA in-season tournament showcase in Las Vegas.

Threads NBA ad

That’s seemingly prompting more sports fans to post in the app, which will expand again with the arrival of potentially millions more users in the EU region.

So how many more users can Threads expect to gain as a result of its European expansion?

Based on Meta’s EU disclosure data on active users, Instagram currently serves some 259 million monthly active users in Europe.

Instagram’s total, official user count is 1 billion MAU, while Threads now has over 100 million monthly users. So presumably, around a tenth of active IG users are also signing up to the app, which would mean that, at a rough estimate, we’re set to see around 25.9 million new Threads users incoming, if/when Threads is launched in the EU region.

Which is probably not as many as you might expect, but this is based on rough estimates, as Instagram reportedly has more than a billion actives now, and we don’t know the exact, current user counts of either app.

But either way, it will expand the conversation in the app, and enable more people to take part, which has its own expanded benefits. And with around 60 million X users also in the region, that could see a number of them looking to make the switch.

Which is the real aim here. Meta has created Threads as the X alternative, aiming to scoop up former Twitter cast-offs who are unhappy with Elon’s changes at the app. In order to do that, Threads needs to be available in all regions where X users may be looking to jump ship, so its EU expansion is another critical step in this respect.

It’ll be interesting to see what Threads user numbers rise to over the holiday period, and whether it can indeed become a genuine rival for X in total active engagement.

We’ll keep you updated on any official announcement on the Threads EU launch.



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The best social media hacks to blow up your following in just a year

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The best social media hacks to blow up your following in just a year

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Get viral fast. Plus more social media hacks to grow your accounts.

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