In its latest Consumer Sentiment Index, Axia My India found that Facebook was the preferred social media platform for users in 2022. The findings are based on a survey of 5,799 families, 35 percent of whom said that they picked Meta's flagship social network over other platforms.
WhatsApp was second on the list with 26 percent of the votes, and YouTube was a close third with 25 percent. Interestingly, Instagram only got 12 percent of the votes and the last on the list was Twitter with only one percent of the people saying they used the platform.
(Source: Axis My India)
Commenting on the CSI report, Pradeep Gupta, Chairman & MD, Axis My India, said media consumption trends, spurred on by the growing dependence on the internet, are evolving rapidly. Facebook scored top points because most people still believe social media is the best way to keep in touch.
Also Read: Top social media trends 2022: From Will Smith Slapgate to Gypsy, what ruled the internet this year
"The trend of watching content on the go is on the rise and consumers still believe that the best way to get in touch with people is through social media. The potential of the world-wide-web is huge and is only evolving and one can only expect it further enrich consumer experiences," Gupta said.
Fifty-two percent of the respondents also said that their time spent on the internet has increased over the past year as compared to the previous years, while 21 percent claimed that their time spent remained largely static. These findings are based on a survey of 9,785 families.
(Source: Axis My India)
The consumption of media (TV, Internet, Radio etc.) has also increased for 21 percent of families, which is the same as last month. The overall, net score, which was at -2 last month, remained the same.
The pandemic and subsequent lockdowns changed the way Indians consumed media, with millions turning to their smartphones for social. Some played online games, some scrolled through their social media feed, and others streamed movies, music and other forms of entertainment, all on their smartphones.
As for Instagram's low score, it can perhaps be attributed to how the once-popular photo-sharing platform rapidly morphed into something of a Frankenstein's monster, with Meta introducing a slew of features in a bid to compete with other social media companies, such as TikTok, Snap, before rolling them back in the face of severe user backlash. In short, a lack of consistency badly hamstrung the platform.
First Published: Jan 4, 2023 2:27 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha elections 2024: All you need to know about EVMs and VVPAT; how they work
Apr 20, 2024 1:24 PM
Odisha Lok Sabha elections: Schedule, total seats, Congress candidates and more
Apr 20, 2024 11:39 AM
Lok Sabha Election 2024: Issues raised by Prime Minister Modi have not resonated with people of Tamil Nadu, says Congress
Apr 19, 2024 11:38 PM
West Bengal Lok Sabha elections 2024: A look at Congress candidates
Apr 19, 2024 8:45 PM