According to the estimations of Statista's Digital Market Insights, the revenue of the social networking segment of the app market went up significantly over the past years in Turkey. It was forecast to continuously increase between 2023 and 2027 by nearly 90 million U.S. dollars (+33.43 percent). In 2022, the social networking market recorded a revenue of nearly 229 million U.S. dollars in Turkey.
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Revenue of the social networking market in Turkey from 2018 to 2027
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Revenue in million U.S. dollars
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*Forecast.
Data provided by Statista Market Insights are estimates.
The Social Networking segment contains apps that allow its users to stay connected and up-to-date about the lives of family and friends. Most of these are communication apps that attempt to outperform the others in terms of reliability and video quality, and each app boasts its unique features. For example, Signal emphasizes privacy and guarantees that sensitive personal information will not be shared with third parties. Facebook has the largest social media network and has developed the most advanced algorithms to understand its users and their relationships.
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Statista. (March 21, 2023). Revenue of the social networking market in Turkey from 2018 to 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/forecasts/1399671/social-networking-revenue-in-turkey
Statista. "Revenue of the social networking market in Turkey from 2018 to 2027 (in million U.S. dollars)." Chart. March 21, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/forecasts/1399671/social-networking-revenue-in-turkey
Statista. (2023). Revenue of the social networking market in Turkey from 2018 to 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/forecasts/1399671/social-networking-revenue-in-turkey
Statista. "Revenue of The Social Networking Market in Turkey from 2018 to 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Mar 2023, https://www.statista.com/forecasts/1399671/social-networking-revenue-in-turkey
Statista, Revenue of the social networking market in Turkey from 2018 to 2027 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1399671/social-networking-revenue-in-turkey (last visited September 01, 2024)
Revenue of the social networking market in Turkey from 2018 to 2027 (in million U.S. dollars) [Graph], Statista, March 21, 2023. [Online]. Available: https://www.statista.com/forecasts/1399671/social-networking-revenue-in-turkey