Estimated annual Instagram revenue 2017-2019

In 2018, Instagram generated an estimated 6.84 billion U.S. dollars in revenue. The photo sharing app’s revenue is projected to more than double to 14 billion U.S. dollars in 2019.

Instagram as Facebook revenue driver

Initially released in 2010 and quickly acquired by Facebook in 2012 for one billion U.S. dollars, Instagram has been in the public eye since its early days. Instagram’s monthly active users grew from a mere 90 million in January 2013 to over one billion MAU in September 2018 and the platform not showing any signs of slowing down. Apart from strong user growth, Instagram is also one of the most popular social media platforms used by marketers worldwide, second only to Facebook. The mutually beneficial relationship between the social networks has resulted in billions of dollars in revenues, with experts projecting Instagram to generate more than 6.8 billion U.S. dollars in the fourth quarter of 2020. Industry analysts estimate that Instagram will grow to approximately 30 percent of Facebook’s ad revenue up until the end of 2020, with the majority of Facebook’s new revenue being generated through the photo-sharing platform. Despite the rapid growth of Instagram under Facebook’s ownership and cross-platform promotion, not everything has been smooth sailing under the blue flag. In September 2018, founders Kevin Systrom and Mike Krieger announced their resignation amidst reports of culture and product clashes between Instagram and its parent company. Facebook was quick to appoint a new CEO, and under former Facebook News Feed product manager Adam Mosseri the social network has been trying to make the most of Instagram’s ad potential. In late June 2019, Instagram stated that it will launch ads in its Explore section. The platform already allows ads in the regular feed and Stories.

Projected revenue of Instagram from 2017 to 2019

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

January 2019

Region

Worldwide

Survey time period

2017 to 2019

Special properties

all figures are estimates

Supplementary notes

*Forecast

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 / Month *
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Instagram"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.