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Summary

TikTok gained 656 million downloads in 2021, making it the most downloaded app and surpassing 3 billion total downloads since its creation in 2016, while generating an estimated $4.6 billion in revenue.

Abstract

The article discusses the impressive growth and popularity of TikTok, a short-form video platform, which has become the most downloaded app of 2021 with 656 million downloads. This surpasses the runner-up, Instagram, by 100 million downloads. TikTok has reached a significant milestone of 3 billion total downloads since its inception in 2016 and has generated an estimated $4.6 billion in revenue, marking a 142% increase from the previous year. This data suggests that investing time in short-form content creation, regardless of the platform, is a worthwhile investment. Although the author is not a TikTok user, they acknowledge the value of creating bite-sized content and offer a tool for doing so on Medium.

Bullet points

  • TikTok was the most downloaded app of 2021, with 656 million downloads.
  • TikTok surpassed 3 billion total downloads since its creation in 2016.
  • TikTok generated an estimated $4.6 billion in revenue in 2021, a 142% increase from the previous year.
  • Short-form content creation is a valuable investment, as demonstrated by TikTok's success.
  • The author offers a tool for creating bite-sized content on Medium.

TikTok Gains 8 New Users Every Second

I’m not one of them, but maybe I should be?

Photo by Josh Rose on Unsplash

Social sites are dominating the internet.

With 656 million downloads, TikTok (a short form user video platform) was the most downloaded app of 2021!

100 million more downloads that the runner up, Instagram.

The platform reached the 3 BILLION (total) download milestone in July 2021 since its creation in September 2016.

Generating, an estimated $4.6 billion revenue in 2021 (a 142% increase year-on-year) — this data informs us, investing time into short form, regardless of the medium (no pun intended), is a worthy investment

So, while I might not be a short form content creator via TikTok, Medium offers a tool to provide bite sized content.

This round of hors d’oeuvres is served.

Source: https://www.businessofapps.com/data/tik-tok-statistics/

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