In the last decade, we have all grown so accustomed to social media’s influence that experts had to coin the term, ‘digital fasting’ and ‘digital hours’.
Want to get some insights into how much social media are we consuming?
Typically in the span of 24 hours, a user with a good Internet connection is likely to open social media apps at least 15 times a day. Subtracting the 8 hours of sleep, a user uses social media app every hour on an average. Millions of likes, comments, shares, and uploads are made on social media platforms each day.
On the other side of the story are the social media businesses, who continuously are experimenting with the unique features to keep users glued to their portals. The game of USP turning to MVP is a quick one in the social media industry.
The impact of Covid-19 on the social media industry has been high. Even before the lockdown announcement, users stayed tuned to their social media communities to get to the insider’s information about the virus. In a real sense, social media has been serving everything that users need–entertainment, information, education, and more.
Rising above the community-based social media applications, entrepreneurs are now focusing on solving real-world problems through their businesses. This implies more requests for the development of a social media app have come to TRooTech, and the upsurge in the social media app and web app development requests is exponential.
By March, we could see through the profitable future of social media technology in 2020 along with the other industries and put down an exclusive study that shows how businesses managed to draw out dollars when the possibility of even finding a penny was scarce.
From our research, we got to the prediction of social media technology in 2020. And finally, today, we find ourselves looking back at the year with a grin on our faces to have made a precise prediction about the success of social media technology in 2020.
Here are the benchmarks of the success of social media technology in 2020.