Social Media Trends 2023

More than 4.7 billion people use social media globally. With a compound annual growth rate (CAGR) of 19.4%, the worldwide social media market increased from $193.52 billion in 2022 to $231.1 billion in 2023. As marketing budgets start to recover from the epidemic, spending on social media is growing. Marketers are feeling more assured in their ability to convince even […]