Wednesday, 17 March 2021

Pinterest Usage and Revenue Statistics: How Many People Use Pinterest in 2021?

Pinterest is a visual discovery platform. It went live for the first time in March 2010.

By January 2012, Pinterest had hit 10 million unique monthly visitors. At the time, it was the fastest website ever to reach this milestone.

Pinterest became a unicorn months later, receiving a valuation of $1.5 billion at its May 2012 Series C round.

The user base continued to grow, and the company went public in April 2018. Today, Pinterest has a market capitalization of more than $40 billion.

You’ll find all the latest Pinterest numbers on this page, from the user base to revenue.

Let’s dive right into the stats:

Important Pinterest Usage and Revenue Stats

  • Pinterest has 459 million monthly active users worldwide, including 98 million in the US.
  • 35% of Americans use Pinterest.
  • Pinterest generated $1.69 billion in annual revenue in 2020. That’s an increase of 48.27% over the previous year.
  • 40.8% of Pinterest users worldwide are between 25 and 34 years old.
  • Female users make up more than two-thirds of Pinterest’s global audience.
  • The total number of saved pins on Pinterest exceeds 240 billion.

Pinterest monthly active users (worldwide)

Pinterest has 459 million monthly active users (MAUs) across the world. The global Pinterest user base has grown by 3.85% since the last quarter (Q3 2020).

In the last year alone, Pinterest has added 124 million new monthly active users (27.01% of the total existing user base).

Here’s a table showing the growth in Pinterest MAUs since 2016:

Quarter, year Monthly active users
Q1 2016 128 million
Q2 2016 135 million
Q3 2016 150 million
Q4 2016 160 million
Q1 2017 175 million
Q2 2017 185 million
Q3 2017 204 million
Q4 2017 216 million
Q1 2018 239 million
Q2 2018 231 million
Q3 2018 251 million
Q4 2018 265 million
Q1 2019 291 million
Q2 2019 300 million
Q3 2019 322 million
Q4 2019 335 million
Q1 2020 367 million
Q2 2020 416 million
Q3 2020 442 million
Q4 2020 459 million

Source: Pinterest.

Pinterest monthly active users (US)

Pinterest has 98 million monthly active users in the United States.

Pinterest’s audience in the US has grown by 50.77% (+ 33 million new MAUs) since the beginning of 2016.

But annual growth of the US user base has been below 12% in each of the last 2 years. And Pinterest didn’t add any new American MAUs in the last quarter.

We’ve charted the number of Pinterest monthly active users in the US since 2016:

Quarter, year Monthly active users
Q1 2016 65 million
Q2 2016 65 million
Q3 2016 69 million
Q4 2016 70 million
Q1 2017 71 million
Q2 2017 71 million
Q3 2017 74 million
Q4 2017 76 million
Q1 2018 80 million
Q2 2018 75 million
Q3 2018 80 million
Q4 2018 82 million
Q1 2019 85 million
Q2 2019 85 million
Q3 2019 87 million
Q4 2019 88 million
Q1 2020 90 million
Q2 2020 96 million
Q3 2020 98 million
Q4 2020 98 million

Pinterest monthly active users (non-US)

Pinterest has 361 million monthly active users based outside of the US, comprising 78.65% of the worldwide audience.

The number of international Pinterest MAUs has increased by 46.15% over the last year alone. 114 million new monthly active users have joined the platform at this time — more than the total US user base.

From 2016-2020, the Pinterest international user base has grown at a CAGR of 44.81%.

Here’s a table showing the growth of non-US Pinterest users:

Quarter, year Monthly active users
Q1 2016 63 million
Q2 2016 70 million
Q3 2016 81 million
Q4 2016 90 million
Q1 2017 104 million
Q2 2017 114 million
Q3 2017 129 million
Q4 2017 139 million
Q1 2018 160 million
Q2 2018 156 million
Q3 2018 171 million
Q4 2018 184 million
Q1 2019 206 million
Q2 2019 215 million
Q3 2019 235 million
Q4 2019 247 million
Q1 2020 277 million
Q2 2020 321 million
Q3 2020 343 million
Q4 2020 361 million

Source: Pinterest.

Pinterest usage in the US

Based on AudienceProject data, 35% of Americans use Pinterest. As such, the visual discovery platform is the 4th most used social network in the country.

Here’s a table showing reported Pinterest usage in the US since 2017:

Quarter, year Usage rate
Q2 2017 31%
Q4 2018 34%
Q3 2019 32%
Q3 2020 35%

More than half (53%) of American women use Pinterest. By contrast, only 18% of US males are active on the platform.

Source: AudienceProject.

Number of saved pins on Pinterest

“Pins” are a bookmark feature on Pinterest. Images, videos and products can be saved, ready to be viewed again at a later date.

According to company data, over 240 billion total posts have been pinned.

Source: Pinterest.

Pinterest annual revenue (worldwide)

Pinterest generates $1.69 billion in annual revenue. That’s an increase of 48.27% since last year (2019) when the company made $1.14 billion.

Pinterest’s annual revenue has shown consistent growth since 2016, registering a CAGR of 54.19% over the last 4 years.

We’ve charted Pinterest’s annual revenue since 2016:

Year Revenue
2016 $299 million
2017 $472 million
2018 $755 million
2019 $1.14 billion
2020 $1.69 billion

Source: Pinterest.

Pinterest annual revenue (US)

The US market contributes 84.02% of Pinterest’s total annual revenue, amounting to $1.42 billion. US revenue has increased at a slightly slower rate than worldwide earnings over the last year, growing by 37.86%.

Here’s a table with annual Pinterest revenue in the US since 2016:

Year Revenue
2016 $292 million
2017 $448 million
2018 $715 million
2019 $1.03 billion
2020 $1.42 billion

Source: Pinterest.

Pinterest revenue (non-US)

Pinterest generates annual revenue of $268 million from international markets. Pinterest’s non-US revenue has increased 2.29x since last year.

Pinterest users based outside of the US are responsible for 15.83% of all revenue-generating activity.

The mature US market still accounts for the vast majority of Pinterest revenue. But the international revenue share has grown in recent years, nearly tripling from 5.42% in 2018.

Here’s a table showing annual Pinterest revenue in international markets since 2016:

Quarter, year Revenue
Q2 2016 $1 million
Q3 2016 $2 million
Q4 2016 $4 million
Q1 2017 $3 million
Q2 2017 $5 million
Q3 2017 $6 million
Q4 2017 $10 million
Q1 2018 $7 million
Q2 2018 $8 million
Q3 2018 $9 million
Q4 2018 $17 million
Q1 2019 $15 million
Q2 2019 $24 million
Q3 2019 $28 million
Q4 2019 $50 million
Q1 2020 $35 million
Q2 2020 $41 million
Q3 2020 $69 million
Q4 2020 $123 million

Source: Pinterest.

Pinterest weekly active users

275 million Pinterest users access the platform at least once a week. For context, that’s 56% of all monthly active users engaging with the site on a weekly basis. The share of MAUs logging on every week has shown little variation over the past three years: it was 57% in 2018 and 2019.

Source: Pinterest.

Pinterest gender demographics

According to company data, female users make up more than 60% of the worldwide Pinterest audience.

Hootsuite estimates that 77.1% of the Pinterest ad audience consists of female users.

Source: Pinterest, Hootsuite.

Pinterest age demographics

Worldwide, 40.8% of Pinterest users are between 25 and 34 years old. The 25-34 age bracket is by far the largest single group.

Less than a quarter (24.8%) of users are older than 45.

Here’s a breakdown of the Pinterest audience by age group (and gender):

Note: Data refers to Pinterest’s advertising audience.
Age group Share of users (breakdown by gender: female, male, unspecified)
18-24 15.9% (13.3%, 1.8%, 0.8%)
25-34 40.8% (30.4%, 6.2%, 4.2%)
35-44 18.6% (14.1%, 2.8%, 1.7%)
45-54 9.9% (7.5%, 1.8%, 0.6%)
55-64 11% (8.1%, 1.7%, 1.2%)
65+ 3.9% (2.8%, 0.8%, 0.3%)

Source: Hootsuite.

Countries with the largest Pinterest audiences

75.5% of the Pinterest advertising audience comes from just 5 countries. The USA, Germany, France, the UK and Canada have a combined Pinterest ad audience of 151.62 million.

Here’s a ranking of the largest Pinterest advertising audiences by country:

Country Reach
USA 100.75 million
Germany 17.65 million
France 12.22 million
UK 10.75 million
Canada 10.25 million
Italy 8 million
Spain 7.13 million
Netherlands 5.34 million
Australia 4.3 million
Poland 3.39 million

Source: Hootsuite.

Number of Pinterest app downloads

Based on Apptopia estimates, the Pinterest mobile app receives 14.34 million monthly downloads across iOS & Android.

Pinterest Lite (a lightweight version of the app, available on Android) was downloaded 740,812 times during the most recent 30-day period.

Sensor Tower provides similar estimates. February 2021 data shows a combined 16 million downloads of the Pinterest app, 11 million of which came from Google Play.

All-time Pinterest downloads on the Play Store exceed 500 million.

85% of users access Pinterest via the app.

Sources: Crunchbase, Sensor Tower, Pinterest, Google Play.

Number of Pinterest employees

Pinterest has 2,545 full-time employees across 23 locations. The employee count has increased by 14.79% in the last year.

Year Full-time employees
2018 1,797
2019 2,217
2020 2,545

Per Comparably, employees at Pinterest receive average annual compensation of $129,914. The Blind website estimates a higher median salary of $165,000.

Non-US employees working at Pinterest on the H1-B visa are reported to receive an average base salary of $146,000.

Sources: Pinterest, Statista, Comparably, Blind, H1B Salary Database.

Conclusion

That’s it for my list of Pinterest statistics in 2021.

Pinterest continues to show steady growth, particularly in international markets. Revenue has exceeded $1 billion in each of the last two years.

Now I’m interested to hear from you:

Do you think Pinterest has further growth potential? Is the male audience an untapped market?

If you have any questions or comments, don’t hesitate to let me know in the comments section below.

The post Pinterest Usage and Revenue Statistics: How Many People Use Pinterest in 2021? appeared first on Backlinko.

This marketing news is not the copyright of Scott.Services – please click here to see the original source of this article. Author: Brian Dean

For more SEO, PPC, internet marketing news please check out https://news.scott.services

Why not check out our SEO, PPC marketing services at https://www.scott.services

We’re also on:
https://www.facebook.com/scottdotservices/
https://twitter.com/scottdsmith
https://plus.google.com/112865305341039147737

The post Pinterest Usage and Revenue Statistics: How Many People Use Pinterest in 2021? appeared first on Scott.Services Online Marketing News.



source https://news.scott.services/pinterest-usage-and-revenue-statistics-how-many-people-use-pinterest-in-2021/
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)