32 Mind-Blowing Instagram Marketing Stats for 2024
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32 Mind-Blowing Instagram Marketing Stats

This is a complete list of up-to-date Instagram marketing stats.

In this new list you’ll find stats on:

  • Instagram Reels
  • Instagram Stories
  • User growth
  • Advertising
  • Lots more

So without further ado, let’s get right
into the Instagram statistics on this list.

Mind-Blowing Instagram Marketing Stats

01.Instagram Engagement Statistics

Engagement is one of the main reasons that marketers LOVE Instagram. Unlike Facebook and X/Twitter, engagement on Instagram is increasing.

  1. Instagram’s median engagement rate is 0.43% across all industries. That’s 6.8x higher than Facebook posts and 14.8x higher than a tweet (Rival IQ)
    Social Media Platform Median Engagement Rate
    Instagram 0.43%
    Facebook 0.063%
    Twitter 0.029%
  2. The best times to post on Instagram are Wednesdays between 9 am and 4 pm or Fridays at 11 am (Sprout Social)
    The best times to post on Instagram are Wednesdays between 9 am and 4 pm or Fridays at 11 am
  3. A 2024 study found that Higher Education outperformed every other industry in terms of post engagement, hitting 2.43% (Rival IQ)

02.Video on Instagram Stats

Stories. Video posts. Instagram Reels. There’s no question that video on Instagram is blowing up right now. But do videos work better than images? If so, how do they compare? These stats about videos on Instagram have you covered.

  1. On average, Instagram Reels get an engagement rate between 6.59% and 8.77%, depending on the number of followers (eMarketer)
    Number of Followers Instagram Reels Engagement Rate
    100K-500K 6.59%
    500K-1 million 6.68%
    1 million – 5 million 6.15%
    5 million – 10 million 7.49%
    10+ million 8.77%
  2. The average views for Instagram Reels were 120,917 across various account sizes and industries (eMarketer)
  3. Video posts on Instagram typically generate an average of 150 comments, while image and carousel posts bring in 65 and 80 comments, respectively (Mention)
  4. On average, video posts get 3.15x more likes compared to image posts on Instagram (Mention)
    On average, video posts get 3.15x more likes compared to image posts on Instagram
    Post Type on Instagram Average Likes
    Video 1832
    Carousel 1358
    Image 581

03.Instagram Stories Statistics

Social media marketing pros know that Stories are one of the best ways to boost engagement on Instagram. After all, you have to watch them within 24 hours… or they’re gone for good. And, as you’ll see from these new stats, there’s data to back up the fact that stories should be part of your marketing efforts on this social network.

  1. 78.01% of Gen Z (ages 15-26) social media users in the US have watched Instagram Stories in the past month (eMarketer)
  2. 98.1% of US creators use Instagram Stories to post sponsored content (eMarketer)
    98.1% of US creators use Instagram Stories to post sponsored content
    Sponsored Content Type Share of US Creators
    Instagram feed posts 98.4%
    Instagram Stories 98.1%
    Instagram Reel 98.0%
    TikTok video 89.6%
    Instagram Live 69.1%
    Facebook post 68.9%
    YouTube Short 62.6%
    Blog post 59.5%
    YouTube video 58.9%
    Pinterest Pin 54.3%
    Tweet 45.9%
  3. Nearly 7 in 10 users have swiped up to access links on branded stories (Mention)

04.Instagram Demographics

With around 2 billion users, it’s no secret that Instagram is used by people from all over the world. Question is: What country is Instagram most popular in? And what age group uses Instagram the most? If you guessed “India” and “young adults”, you’re right.

  1. India (388.3 million), the US (168.75 million), and Brazil (137.15 million) are the top 3 countries with Instagram users (DataReportal)
    India (388.3 million), the US (168.75 million), and Brazil (137.15 million) are the top 3 countries with Instagram users
    Country Instagram Users (Ad Reach)
    India 388.3 million
    US 168.75 million
    Brazil 137.15 million
    Indonesia 102.15 million
    Turkey 57.8 million
    Japan 55.8 million
    Mexico 46.35 million
    United Kingdom 33.3 million
    Germany 30.55 million
    Argentina 28.3 million
  2. 47% of American adults use Instagram (Pew Research Center)
  3. Instagram has 135.2 million monthly active users in the US (eMarketer)
  4. 87% of US adults ages 18 and 29 use Instagram (Pew Research Center)
    87% of US adults ages 18 and 29 use Instagram
  5. 72.2% of Gen Z social media users in the US used Instagram for direct messaging in the past month (eMarketer)
  6. The largest group of Instagram users is 25-34 year-olds, who make up 28.4% of the platform audience in the US (Statista)
  7. Approximately 31.2% of internet users worldwide are on Instagram (DataReportal)
  1. Instagram boasts over 2 billion monthly active users (Instagram)
    Instagram boasts over 2 billion monthly active users
  2. 62.7% of Instagram users follow or research brands and products on the platform (DataReportal)
  3. More than half (51%) of Gen Zers worldwide prefer to use social media (including Instagram) to research brands, products or services instead of search engines (eMarketer)
  4. There are over 200 million business profiles on Instagram (Instagram)
  5. 80% of marketers worldwide are actively using Instagram (Statista)
    80% of marketers worldwide are actively using Instagram
  6. 8.42% of all Instagram users have more than 50,000 followers (Mention)
  7. 76.37% of all Instagram users have less than 10,000 followers (Mention)
  8. U.S. adult users who use Instagram at least once a month spend an average of 33.1 minutes a day on the app (eMarketer)
  9. Instagram is the second most used social platform among marketers, behind only Facebook (Statista)

06.Instagram Hashtags Stats

Do hashtags help or hurt engagement? Well, there’s a theory out there that hashtags can help you show up in the “Explore” feature. Let’s see if the data supports using hashtags on IG.

  1. Posts that used 11 hashtags had the highest engagement rate, followed by 4 hashtags (Mention)
  2. The top 3 hashtags used on Instagram are #photography, #love, and #art (Mention)
    The top 3 hashtags used on Instagram are #photography, #love, and #art
  3. The top 3 hashtags on Instagram that attract the most engagement are #reelstrending, #calisthenics, and #funnyvideos (Mention)

07.Instagram Advertising Statistics

Instagram Ads are the hot new thing in the digital marketing world. This shouldn’t come as a surprise: Instagram is “stealing” time and attention away from platforms like Facebook. And considering advertisers need to go where their potential customers are, chances are they’re spending tons of time on Instagram.

  1. Instagram generated $32.4 billion in ad revenue in 2021 and $16.5 billion in the first 6 months of 2022 (Business Insider)
    Instagram generated $32.4 billion in ad revenue in 2021
    Date Instagram Ad Revenue
    2018 $11.3 billion
    2019 $17.9 billion
    2020 $22 billion
    2021 $32.4 billion
    1H 2022 $16.5 billion
  2. The average cost-per-click across Instagram ads with targeting audiences in the US amounted to $1.31 in April 2024 (Revealbot)
  3. Cost-per-click significantly varies depending on campaign objectives ranging from $0.18 (traffic) to $3.15 (brand awareness) more expensive for females than males (Revealbot)

Conclusion

That’s it for this list of Instagram marketing statistics.

With its large user base and high engagement, Instagram is a prime platform for reaching audiences effectively.