Facebook is set to lose users in US for the first time (2024)

The news: Facebook users will fall for the first time this year, dropping 0.8%, a 1.4 million user decrease, to 178.3 million users, per our newly released forecast.

  • The Blue App is seeing an accelerating decline in adoption among younger social network users, with those under 25, already a small and shrinking share of its overall user base, continuing to fall off the platform or fail to adopt it at all.
  • By next year, fewer than 15% of Facebook users will be under 25.
  • The platform’s user base among age groups except those 65 and over will be either stagnant or shrinking—though this decline will stay gradual.

Facebook is set to lose users in US for the first time (1)Facebook is set to lose users in US for the first time (2)

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Why this matters: Facebook is losing penetration and users among younger consumers because on the whole, they’re not adopting the platform when they become old enough to create social accounts.

  • Those who do have Facebook accounts are accessing them less frequently—instead, opting to use platforms like Instagram, Snapchat, and, increasingly, TikTok—as their primary social options.
  • This has led to a network effect that’s increasing the speed of these cohorts’ exodus from the platform.

Go further: Review our recently released Facebook user forecast here.

Facebook is set to lose users in US for the first time (2024)
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