The United States and Canada are important markets for Facebook. But in both of these markets, Facebook is losing users. The growth rate of Facebook users at the beginning of the Corona epidemic has begun to decline.
Facebook said in its third-quarter earnings announcement that its growth in the U.S. and Canadian markets was low. These two are their attractive advertising market. This information has been informed in a report of Business Insider.
There are currently 196 million Facebook users in North America. In the second quarter of the year, from April to June, there were 198 million users. In other words, the number of Facebook users has decreased by more than 20 lakh in three months. The user reduction rate was expected, he said in a statement on Facebook. Throughout the year, Facebook users may maintain a declining rate.
As expected, Facebook’s daily and monthly active users in the United States and Canada declined in the third quarter of the year, according to a Facebook release. The number of users increased in the second quarter of the year for the Corona epidemic. This trend will continue in the fourth quarter of the year. Users may be slightly lower than in the third quarter of the year.
When the lockdown started due to the coronavirus epidemic at the beginning of the year, the number of Facebook users increased exponentially. However, the picture is different before the end of the year. Although the number of users in the United States and Canada has decreased, the number of users has increased in different countries of the world including Asia.
Various apps of the Facebook family such as Facebook, Instagram, WhatsApp and Messenger are being highlighted. According to the data of Facebook, all the apps of Facebook are being used by 254 crore people daily till September.
