Threads is struggling to retain users — but it could still catch up to X
Threads, Instagram’s X (formerly Twitter) competitor, is struggling to keep users around following its blockbuster launch, according to data from Insider Intelligence. The data, which was first reported on by CNBC, suggests that Threads will have far fewer monthly active users than Facebook, Instagram, and TikTok by the end of this year, but it may still have a chance to close the gap with X.
Insider Intelligence indicates that Threads will have 23.7 million active monthly users in the US by the end of 2023. That’s far fewer than what’s expected for Facebook, Instagram, and TikTok, which Insider Intelligence says could have 177.9 million, 135.2 million, and 102.3 million respective US active monthly users by the end of 2023.
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