List of Best Character AI Bots

Posted on October 28, 2023 by GilPress

Character AI bots are adaptable tools created to simulate conversations with chatbots that are actually made-up characters. Character AI chatbots have a wide range of applications, from offering entertainment and also helping you with creating various types of content.

We recommend Candy AI for transforming your favorite characters into interactive chatbots

List of Best Character AI Bots

Selecting the most suitable character AI bot ultimately relies on your particular requirements and personal preferences. To help you make a well-informed decision, we’ve prepared an in-depth review of the top character AI bots to get a better sense of their strengths and weaknesses. Let’s begin!

Are Character AI Really Bots?

Yes, Character AI bots are bots. They are powered by large language models (LLMs) trained on massive amounts of text data. This allows them to generate human-like text and respond to your questions and prompts comprehensively and informally.

However, it is important to remember that Character AI bots are still under development. They could be better and may make mistakes. Additionally, they are not aware or conscious. They are simply computer programs that have been designed to generate text.

Despite their limitations, Character AI bots can be fun to interact with. They can be used for a variety of purposes, such as:

  • Entertainment: You can chat with Character AI bots about your favorite topics, play games, or write stories together.
  • Education: You can use Character AI bots to learn about different subjects or to practice your language skills.
  • Productivity: You can use Character AI bots to get help with tasks such as brainstorming ideas, writing reports, or translating languages.

Does Character AI Allow Sexting?

No, Character AI, does not allow sexting or explicit, adult, or inappropriate content. But there are tools such as candy AI sex chatbots. Engaging in such activities is unethical and potentially illegal, depending on your jurisdiction and the age of the individuals involved.

It is essential to use AI and any technology responsibly and in a manner that adheres to community guidelines and laws. Nonetheless, there are various character.ai nsfw alternatives on its platform.

What are the Best Character AI Bots?

The best Character AI bots are the ones that can provide you with the most engaging and informative experience. Some factors to consider when choosing a bot include:

  • The bot’s personality and tone: Do you enjoy interacting with this bot? Does it have a personality that you find relatable or interesting?
  • The bot’s knowledge and abilities: Can the bot answer your questions comprehensively and informally? Can it follow your instructions and complete your requests thoughtfully?
  • The bot’s creativity: Can the bot generate different creative text formats of text content, like poems, code, scripts, musical pieces, emails, letters, etc.? Can it try its best to fulfill all your requirements?

Based on these factors, I would recommend the following Character AI bots:

Character Assistant

This bot is designed to help you with various tasks, including providing information, answering questions, and generating creative text formats. It is also able to learn your preferences and adapt its responses accordingly.

SM64 Mario

This bot is a fun and engaging way to interact with the iconic video game character. It can answer your questions about the Mario universe, tell you stories about his adventures, and even play games with you.

Lily

This bot is a kind, compassionate listener who can offer support and advice. It is also a good source of information about mental health and well-being.

Stella

This bot is a creative and intelligent writer who can generate different creative text formats of text content, like poems, code, scripts, musical pieces, emails, letters, etc. It is also a good conversationalist who can talk about various topics.

Psychologist

This bot can provide insights into your psychology and help you develop better-coping mechanisms. It is also a good source of information about common mental health conditions and treatments.

Lyle

This bot is a sarcastic and witty personality who can provide you with hours of entertainment. It is also a good source of information about current events and pop culture.

Raiden Shogun and Ei

These bots are based on the popular video game characters from Genshin Impact. They can answer your questions about the game, tell you stories about their adventures, and even roleplay with you.

Ultimately, the best Character AI bot for you will depend on your individual needs and preferences. Try out a few bots to see which ones you enjoy the most.

How to Create Your Custom Chatbot with Character AI?

To create a custom chatbot with Character AI, follow these steps:

1. Sign up for a Character AI account. Go to beta.character.ai and sign up for a new account. Provide the required information, and once you’ve successfully created your account, you’re ready to start.

2. Navigate to the Create section. After signing in, you’ll find yourself on the main dashboard of Character. AI. Look for the “Create” tab in the navigation menu and click on it to proceed.

3. Choose a character type. Character AI offers a variety of pre-built character types to choose from, such as historical figures, fictional characters, and celebrities. You can also create your Character from scratch.

4. Customize your Character. Once you’ve chosen a character type, you can customize your Character’s name, appearance, and personality. You can also choose whether or not to allow image generation for your Character.

5. Train your Character. The more you train your Character, the better it will become at responding to your prompts and questions. To train your Character, start chatting with it. You can also provide it with feedback on its responses.

6. Publish your Character. Once you’re happy with your Character, you can publish it so others can chat with it. To publish your Character, click the “Publish” button on the Character’s page.

Here are some additional tips to consider when creating a custom chatbot with Character AI:

  • Be creative when choosing a character type and personality. The more unique and interesting your Character is, the more people will likely chat with it.
  • Provide your Character with a lot of training data. The more data your Character has to learn from, the better it will become at understanding and responding to your prompts and questions.
  • Be patient. It takes time to train a good chatbot. Expect your Character to be flawed.
  • Get feedback from others. Once you’ve published your Character, ask others to chat with it and give you feedback. This will help you to identify any areas where your Character needs improvement.

Final Words

Character AI bots can be used for a wide range of purposes. When selecting the best character AI bot for your needs, consider factors like personality, knowledge, and creativity. There are several highly recommended bots to choose from, just pick one that you like and something that aligns with your tastes and requirements.

If you’re interested in creating your custom chatbot with Character AI, simply follow the steps we’ve provided in this article. Remember, bypassing Character AI filters is not easy. Make sure you provide it with plenty of training data and actively look for feedback from others to continuously enhance its performance. So go ahead and enjoy everything character AI bots have to offer.

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8 Best AI Crypto Trading Bots (2024)

Posted on June 14, 2024 by GilPress

Artificial Intelligence offers automation and insights, which are two extremely useful features that can benefit AI cryptocurrency trading. Today, various crypto investors are utilizing trading bots to automate the purchasing and selling of positions based on technical indicators.

AI Trading bots can help monitor the market 24/7 to ensure you don’t miss out on anything. With the help of these AI trading bots you can achieve a greater level of performance without spending hours studying different parameters or strategies.

In this article, we will examine the best AI Crypto Trading bots, their features, and pricing plans. So, let’s get started.

Best AI Crypto Trading Bots

AI Crypto Trading is a method through which cryptocurrencies are being traded by utilizing various strategies and transactions with the help of trading bots and algorithms. Some of the best AI Crypto Trading Bots are as follows:

1. Pionex

Pionex is a free crypto trading bot option that can perform 24/7 trading automatically in the cloud. Pionex provides 16 trading bots, such as Grid Trading Bot, Leveraged Grid Bot, Infinity Grid Bot, DCA Bot, and more, which allow users to securely and automatically trade currencies such as Dogecoin, Bitcoin, Ethereum, and more.

The best part about Pionex is that it allows users to trade crypto within a specified range, ladder buy or sell tokens, leverage their positions, and earn passive income. 

Key Features:

  • It contains 16 free trading bots through which traders can achieve their own crypto strategy. 
  • There are more than 250 coins available on Pionex.
  • Pionex ensures your account is properly secured with email verification, Google Authenticator verification, a personal passcode, and the withdrawal white list.
  • Pionex has acquired the MSB (Money Services Business) license from FinCEN. 

Pricing: 

Only a 0.05% trading fee on Pionex.

2. 3Commas

3Commas is an impressive AI Crypto Trading bot that offers both automated and manual trading methods. This trading bot helps users create their portfolio using expertly engineered automated bots that can provide the performance elite traders demand with the simplicity new users need.

3Commas also provides an AI stock trading tool that assists traders and helps them win regardless of the market condition. 3Commas bots are extremely good at decreasing the average acquisition costs, and instantly increasing the positive margins from each trade.

Key Features: 

  • Allow traders to buy and sell coins in a single window. 
  • You can create portfolios with any coin amount. 
  • This tool allows users to set up and utilize API functionality. 
  • Users can trade and follow deals through their smartphone or tablet. 

Pricing of 3Commas: 

Beginner Plan Pro Plan Expert Plan 
$4/month $37/month $59/month 
10 Active SmartTrades50 Active SmartTradesUnlimited Active SmartTrades
2 Running Signal Bots10 Running Signal Bots50 Running Signal Bots
2 Running Grid Bots10 Running Grid Bots50 Running Grid Bots
5 Running Single-Pair DCA Bots50 Running Single-Pair DCA Bots250 Running Single-Pair DCA Bots
25 Active DCA Deals500 Active DCA Deals2500 Active DCA Deals

3. ArbitrageScanner

ArbitrageScanner is a convenient crypto trading bot that enables traders to capitalize on pierce disparities. This tool can easily detect price differences and alert users when a token is cheaper on Arbitrum than on Optimism, generating a potential arbitrage opportunity. 

This tool also offers a screener feature through which users can set up their own requirements and criteria for finding arbitrage bundles. Traders can specify the exchanges, trading pairs, coins, and much more.

Once you have set your requirements, the bot will instantly notify you when the matching bundles are found. Thanks to its user-friendly interface and simple methods, this platform is suitable for all users regardless of their expertise level. 

Key Features: 

  • It supports more than 30,000 crypto assets along with over 70 CEX and 30 DEX
  • Regularly updates users regarding cross-chain arbitrage opportunities
  • Pro plan users get access to the VIP Manager. 
  • Users are not required to have a coin to access the scanner. 

Pricing: 

The subscription plan of ArbitrageScanner begins at $69/month. 

4. Altrady

Unlike other platforms, Altrady isn’t just another crypto trading tool, it is a unique solution through which users can instantly meet the needs of every type of trader. So, if you are a devoted bot trader, a vigilant day trader, or a long-term investor, Altrady can instantly provide you with all the solutions to your needs, save you valuable time, and supercharge your profits through its automation tools. 

Accessing Altrady can help take your trading to another level with its extraordinary automation tool and maximize your profits. The best part about Altrady is that this platform is designed to cater to all traders regardless of their expertise level.

So, whether you are a beginner or a trading expert, Altrady’s user-friendly interface and educational resources make it easily accessible for everyone.

Key Features: 

  • Its risk management feature allows users to witness their Risk Reward Ratio directly on the trading form.
  • Users can easily find fast price changes and make profitable trades using the Quick Scan.
  • Helps notify users regarding any price changes efficiently. 

Pricing: 

Altrady offers a free plan with 2 Signal or Grid bots. While the paid plans are as follows:

Basic Plan Essential Plan Premium Plan 
€17.47/month €31.47/month €55.97/month 

5. Kryll

Experience the best trading bot marketplace and online crypto trading bot builder with a user-friendly interface and simplicity. Kryll is the best and most suitable solution for managing your crypto assets ensuring you make profits even when you are asleep. 

Kryll contains a highly intuitive trading bot marketplace, a powerful portfolio management tool, and a state-of-the-art strategy editor. This tool helps you become a better trader and gain profits efficiently by trading 24/7. The best part about this tool is that it’s extremely user-friendly, and anyone, regardless of their expertise level, can optimize trading like a professional trader. 

Key Features:

  • Traders can easily track their investments through its simple and intuitive platform. 
  • Users can make quick trades and track their favorite coins online and on the mobile app. 
  • It contains a good security system that ensures the exchanges are performed safely. 

Pricing: 

Kryll contains a flexible Pay-As-You-Go pricing model, through which users pay only for what they use. This model can be accessed through this link: https://www.kryll.io/pricing/.

6. CryptoHopper

Cryptohopper is a safe, easy, and powerful crypto trading bot that can execute trades 24/7. This platform helps save your valuable time by automating your trading actions and reduces stress and screen time by automatically scanning for buying- & selling opportunities and automated technical analysis. 

This platform also allows users to customize the bot setting parameters like trading pairs, buy/sell signals, and stop-loss levels. It employs excellent strategies such as technical analysis and uses signals from various third-party sources. 

Key Features: 

  • It contains AI-powered trading bots. 
  • All exchange accounts are properly managed using a unified terminal.
  • Copy trading and trading templates. 

Pricing: 

The starting price of CryptoHopper is $16.58/month. 

7. Bitsgap

Bitsgap is a seamless crypto trading platform that offers portfolio management, bot trading, and all exchange features in a single tool. It allows users to empower their crypto strategy with Bitsgap’s expert trading bots, conquering markets and profiting 24/7.

Bitsgap’s main motive is to build smart trading automation tools that can help everyone earn extra income in cryptocurrency. This platform is available for everyone, and Bitsgap helps make your trading experience efficient, easy, and stress-free.

The highly efficient crypto bot is based on the grid strategy which can be utilized by traders to maximize their profits on every price change in a sideways market. This platform also contains excellent risk management tools such as DCA, Trailing features, and Stop-Loss that help minimize any risks or concerns. 

Key Features: 

  • It supports limit, market, and scaled orders effortlessly. 
  • Bitsgap helps maximize profit and is available 24/7. 
  • It contains various Pre-made trading bot strategies. 

Pricing: 

Bitsgap provides a 7-day free trial period with no credit card required. Here are the paid plans available in Bitsgap. 

Basic Plan  Advanced Plan Pro Plan 
$29/month $69/month $149/month 
2 Active GRID Bots10 Active DCA BotsNewUnlimited Smart orders5 Active GRID Bots50 Active DCA BotsNewUnlimited Smart ordersFutures botsTrailing Up & Down for bots25 Active GRID Bots250 Active DCA BotsNewUnlimited Smart ordersFutures botsTrailing Up & Down for botsTake Profit for bots

Users can get a 20% discount by subscribing to the yearly plan of Bitsgap. 

8. TradeSanta

TradeSanta is one of the best options for automated crypto trading. This bot helps monitor the market, provides trades 24/7, and never lets you miss a trade again. TradeSanta’s free trading terminal can manage all your portfolios from one place. 

Select from MACD, RSI, Bollinger, TradingView Signals, and more for the trading bot to start and stop at the right time. TradeSanta allows users to create their crypto bot instantly allowing traders to connect and exchange accounts using API Keys.

With TradeSanta you can trade like a professional and create trading bots in less than 10 minutes that work both in spot and in futures markets, where you can capitalize on trading with leverage. 

Key Features: 

  • The free trading terminal helps manage all your portfolios from one place.
  • TradeSanta allows users to launch automated trading bots using both long and short strategies. 
  • This platform provides 24/7 support ensuring all your queries raised are answered properly. 

Pricing of TradeSanta: 

TradeSanta offers a free trial. While the paid plans are mentioned below:

Basic Plan Advanced Plan Maximum Plan 
$25/month $45/month $90/month 
Up to 49 botsUp to 99 botsUnlimited number of bots
All strategies, Trading terminal, Trailing Take ProfitAll strategies, Trading terminal, Trailing Take Profit, TradingView Screener signalsAll strategies, Trading terminal, Trailing Take Profit, TradingView Screener signals, Custom TradingView signals, Futures bots

Best Exchanges for AI Crypto Trading

Now, Let’s take a look at some of the best exchanges for AI Crypto trading through which you can optimize profits and reduce the risks of human error.

1. Binance

Binance is one of the leading cryptocurrency exchange platforms that cater to 150 million registered users in over 180 countries. With low fees and over 350 cryptocurrencies to trade, Binance is the preferred exchange to trade Bitcoin, Altcoins, and other virtual assets.

With Binance users can easily Trade hundreds of cryptocurrencies on Spot, Margin, and Futures markets, Buy and sell cryptocurrencies with Binance P2P, Buy or earn new tokens on Binance Launchpad, Trade, stake, and loan NFTs on the Binance NFT marketplace, and much more. 

2. Kraken

Kraken is another excellent cryptocurrency exchange platform through which you buy, sell, trade, and learn about crypto. This platform allows users to grow their portfolio in a fair and open financial system. With Kraken, you can begin trading at just $10.

To buy crypto using Kraken, users need to create a free Kraken account online, connect to their funding method, and Buy and sell 200+ cryptocurrencies. The best part about Kraken is that it has a user-friendly interface that is extremely simple to use and can be accessed by anyone, including beginners. 

3. KuCoin

KuCoin is another excellent blockchain and crypto exchange platform. With this tool, users can perform simple and easy-to-trade 700+ cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), KuCoin Token (KCS), new crypto, and even meme coins.

One of the best parts about KuCoin is that you can trade crypto easily on this using your credit cards and also review the value of every investment in your wallet.

FAQ

Does AI crypto trading work?

Yes, AI Crypto trading works by spotting patterns and trends in the crypto market. Unlike traditional crypto trading, users can rely on AI crypto trading as it operates 24/7, so you don’t need to worry about missing anything. 

Can AI be used for cryptocurrency?

Yes, AI can be used for cryptocurrency as it helps blockchain technology in improving its efficiency and performance. An algorithm can be extremely helpful in optimizing consensus protocols, enhancing network scalability, discovering bottlenecks, and more.

What are the risks of crypto trading bots?

Some of the risks of crypto trading bots include lack of flexibility, technical issues that contain glitches or outrage, and Over-optimization. 

What is AI crypto trading?

AI Crypto trading is a method of utilizing trading strategies and executing transactions using algorithms and trading bots. Trading bots can automate transaction buying and selling prices, create long-term financial plans and strategies, analyze market data, and more. The main goal of AI trading is to optimize profits and decrease human error risk. 

Is AI crypto trading legal?

Yes, AI Crypto trading is considered legal in the industry, whether related to traditional finance or crypto algo trading. Various professional traders globally utilize custom-built trading bots to gain an advantage and enhance their strategies, which can help traders optimize their profits. 

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Average Time Spent on TikTok in 2024

Posted on June 10, 2024 by GilPress

TikTok is one of the most widespread social media platforms worldwide that has created a dominance for itself in the short-form video format. With billions of TikTok users available in 2024, the platform offers a wide range of short-form videos in numerous categories such as dance videos, funny videos, cooking tutorials, sports, art, and much more. But how much time do people actually spend on TikTok? In this article, we are going to explore data regarding the average time spent on TikTok and uncover daily and monthly usage of TikTok among the users.

Top Average Time Spent on TikTok 

  • In 2024, a user spends 58 minutes and 24 seconds on average accessing TikTok.
  • The Average time spent by a user on TikTok per week is 6.06 hours. 
  • 22% of American children and teenagers spend 2 to 3 hours accessing TikTok. 
  • 32% of the users spend their time accessing TikTok. 
  • The Average time spent by a user on TikTok on a monthly basis is 34 hours. 
  • Gen Z users spend the most time accessing TikTok.

How Much Time Do People Spend On TikTok?

The total time spent by a user on TikTok can vary depending on the person. In 2024, the average time spent by people on TikTok ranges from 55.8 minutes to 61 minutes on a daily basis.

Average Time Spent on TikTok from 2019 to 2024 

There has been a continuous growth in the average time spent on TikTok from 2019 to 2024. Back in 2019, the average daily time spent by users on TikTok was 27 minutes and 24 seconds, this number grew to 38 minutes and 36 seconds in 2020 showcasing a growth of 11 minutes and 12 seconds. 

Further, the average daily time spent on TikTok reached 45 minutes and 18 seconds in 2021 and 52 minutes in 2022. A growth of 3 minutes and 48 seconds was witnessed the next year when the average reached 55 minutes and 48 seconds. As of 2024, the average time spent is 58 minutes and 28 seconds on TikTok. 

YearAverage Daily Time Spent on TikTokChange Over Previous Year
201927 minutes, 24 seconds–
202038 minutes, 36 seconds? 11 minutes, 12 seconds
202145 minutes, 18 seconds? 6 minutes, 42 seconds
202252 minutes? 6 minutes, 42 seconds
202355 minutes, 48 seconds? 3 minutes, 48 seconds
202458 minutes, 24 seconds? 3 minutes, 36 seconds

Monthly time spent on TikTok per user, by Region 

In 2023, the approximate time spent by users on TikTok worldwide is 34 hours per month. Users in the United Kingdom spend around 49 hours on average using TikTok, while users in the United States spend an average of 45 hours accessing the platform per month. 

Below we have mentioned a table showcasing the average time spent on TikTok per user on a monthly basis by Region: 

Region Time spent monthly per user
Worldwide 34 hours 
United Kingdom 49.29 hours 
Russia 31.47 hours 
United States 45.37 hours
Germany 37.38 hours
Australia 42.13 hours 
Mexico 45.01 hours 
Indonesia 38.26 hours 
Canada38.47 hours
France 38.38 hours
Brazil 30.1 hours
Turkey 29.25 hours 
South Korea 25.06 hours
Singapore 33.23 hours 
Argentina 38.33 hours 

Source: Statista 

Average Time Spent by Children and Teenagers on TikTok 

TikTok is a popular social media platform worldwide and it is utilized by children and teenagers on a large scale. Reports suggest that 1 in 4 (22%) of American teenagers spend 2 to 3 hours a day on average accessing TikTok. While 65% of the U.S. Teens spend at least 1 hour accessing the platform. 

Below we have mentioned a table showcasing the average daily time spent by the U.S. Teens on TikTok: 

Average Daily Time Spent on TikTokProportion of US Teens
0 to 15 mins22%
15 to 30 mins5%
30 to 60 mins10%
1 to 2 hours20%
2 to 3 hours22%
3 to 4 hours10%
4 to 5 hours5%
5+ hours8%

On average, an American child spends around 1 hour and 53 minutes accessing TikTok on average per day. This is the highest time spent by children accessing a social media platform, in fact, children spend 23 minutes more than the average time spent on Snapchat.  

To provide a better insight into the average time spent by children on social media platforms, we have mentioned a table below comparing the time spent on social media platforms by U.S. children and UK children.

Social Media PlatformAverage Daily Time Spent by US ChildrenAverage Daily Time Spent by UK Children
TikTok1 hour and 53 minutes1 hour and 54 minutes
Snapchat1 hour and 30 minutes1 hour and 31 minutes
Pinterest20 mins30 mins
Facebook18 mins14 mins
Reddit13 mins11 mins
Twitter10 mins9 mins

A user spends 6.06 hours on TikTok on average per week 

On average the time spent by a user accessing TikTok can vary from a few minutes to hours. The average time spent by a user on TikTok on a weekly basis is 6.06 hours. TikTok contains a wide range of video content available ranging from dance videos to funny videos to cooking tutorials and much more, which often keeps people hooked on the TikTok app by capturing their interests and likes. 

Here are the most popular reasons behind why people utilize TikTok according to a global web index study that took place in 2020: 

  • Entertainment
  • Inspiration
  • Self-expression and promotion
  • Trend updates
  • Social 

Apparently, entertainment is the top reason behind TikTok users accessing the platform. People often look for fun and entertaining videos online during their spare time to relieve stress and have a good laugh as it can help lighten their mood and make them feel refreshed. 

Around 167 million videos are being watched by users on TikTok every minute 

TikTok is highly utilized by people across the world and users open the app almost 9 times a day, which boosts its user traffic and the number of videos that are being watched on a daily basis. Thanks to TikTok’s targeted nature via algorithms, users often find content that is relatable and linked to their users’ interests. Algorithms usually recommend videos by analyzing your liked posts, comments, saved content and accounts you follow. Often algorithms are also linked towards the kind of videos a user interacts with. This results in users spending more and more time scrolling through TikTok on their mobile devices.

Average Time Spent Using TikTok compared to other social media platforms 

TikTok is the leading social media platform with the highest share of American users (32%) spending time on the platform. Facebook and Instagram are the second leading social media platforms with the highest time spent among the users by 20%. 

Below we have mentioned a table showcasing the average time spent by users on different social media platforms: 

Social Media PlatformShare of Time Spent Among US TikTok Users
TikTok32%
Facebook20%
Instagram20%
YouTube15%
Snapchat9%
Twitter2%
Reddit2%
Pinterest2%

FAQs 

What is the average watch time per video on TikTok?

The Average watch time per video on TikTok is 3.33 seconds, while the average watch time per person was recorded at 5.26 seconds.

How much time does Gen Z spend on TikTok?

Gen Z spends around 1 hour and 16 minutes accessing the TikTok app. Majority of the Gen Z users consider TikTok as their most preferred social media platform.

Which country uses TikTok the most?

The United States is the leading country that uses TikTok the most. It has around 148 million TikTok users. 

What is the perfect duration for a TikTok video?

The perfect duration for a TikTok video is anywhere between 21 seconds to 34 seconds. However, your TikTok video must be a minimum of 10 seconds long.

Why is TikTok so addictive?

TikTok offers a wide range of engaging video content that can keep the user hooked to the platform and make them want to constantly keep on scrolling causing addiction. Its algorithm analyzes your likes, comments, accounts you follow, and other data to understand your content preferences for better recommendations online. 

Wrapping Up

Overall, the average time spent by users on TikTok has witnessed constant growth in the past few years. From an average of 27 minutes, and 24 seconds in 2019, it reached a whopping 58 minutes, and 24 seconds in 2024. The addictive content on TikTok often keeps people glued towards their mobile screen which results in users spending hours simply scrolling through TikTok. Based on the current statistics, the time spent on TikTok is expected to witness growth in the future as well thanks to excellent demand among people globally.

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Number of ChatGPT Users (June 2024)

Posted on June 3, 2024 by GilPress

ChatGPT is a revolutionary AI chatbot that has taken the world by storm through its ability to perform various complex tasks and generation of creative text formats. Within the first five days of its launch, ChatGPT crossed the 1 million users mark and in the next 2 months, it reached a milestone of 100 million users. As of 2024, the platform currently has over 180.5 million users worldwide. 

In this article, we are going to take a look into ChatGPT statistics including the number of ChatGPT users, User Growth, Demographics, Monthly visits, and much more. 

Top ChatGPT Statistics 

  • There are over 180.5 million ChatGPT users globally. 
  • ChatGPT received a total of 1.7 billion monthly visits in April 2024. 
  • 54.27% of males access ChatGPT, compared to 45.73% of females. 
  • The United States is the country with the highest number of ChatGPT Users. 
  • ChatGPT receives around 10 million queries every day. 
  • 20% of Americans claimed they utilized ChatGPT to perform tasks at work. 
  • Most ChatGPT users prefer to access the platform via Desktop compared to the mobile web. 

How Many ChatGPT Users Are There?

As of May 2024, there are a total of 180.5 million ChatGPT users worldwide. Apart from this, ChatGPT received 1.806 billion total visits in April 2024 according to SimilarWeb.  

ChatGPT User Growth 

According to reports by OpenAI, the popular AI chatbot ChatGPT which was launched on 30 November 2022, received around 1 million users globally in just 5 days, making it the second fastest online service to reach the milestone of 1 million users. 

Online ServiceLaunch YearTime Taken to Reach 1 Million Users
Threads20231 hour
ChatGPT20225 days
Instagram20102.5 months
Spotify20085 months
Dropbox20087 months
Facebook200410 months
Foursquare***200913 months
Twitter20062 years
Airbnb**20082.5 years
Kickstarter*20092.5 years
Netflix19993.5 years

ChatGPT crossed the 100 million users mark in 2 months after its release

As we know, ChatGPT gained recognition from people around the world when it was first released in November 2022. This popular AI chatbot was able to gain 1 million users in the first 5 days of its release and the platform crossed a milestone of 100 million users in just 2 months. This made ChatGPT the second fastest platform to gain 100 million users globally, falling behind Threads which gained 100 million users in 2 days. 

PlatformTime To Reach 100 Million UsersIndustry
Instagram Threads2 daysSocial Media
ChatGPT2 monthsChatbot
TikTok9 monthsSocial Media
Youtube18 monthsSocial Media
Instagram30 monthsSocial Media
Facebook54 monthsSocial Media
Twitter60 monthsSocial Media
Spotify132 monthsMusic Streaming
Netflix216 monthsEntertainment (SVOD)

ChatGPT Monthly Visits (from 2022 to 2024)  

MonthNumber of VisitsChange Over Previous MonthChange Over Previous Month (%)
November 2022152.7 million––
December 2022266 million? 113.3 million? 74.2%
January 2023616 million? 350 million? 131.58%
February 20231 billion? 384 million? 62.34%
March 20231.6 billion? 600 million? 60%
April 20231.8 billion? 200 million? 12.5%
May 20231.8 billion––
June 20231.6 billion? 200 million? 12.5%
July 20231.5 billion? 100 million? 6.25%
August 20231.4 billion? 100 million? 6.67%
September 20231.5 billion? 100 million? 7.14%
October 20231.7 billion? 200 million? 13.33%
November 20231.7 billion––
December 20231.6 billion? 100 million? 5.88%
January 20241.6 billion––
February 20241.6 billion––
March 20241.7 billion? 200 million? 12.5%
April 20241.8 billion ? 100 million? 2.13%

ChatGPT User Stats

According to SimilarWeb, ChatGPT has gained 1.734 billion total visits with an average time spent of 7 minutes and 52 seconds. The widespread AI chatbot had a bounce rate of 31.42%. Each ChatGPT visitor views the platform on an average of 3.94 pages per visit. 

Below we have mentioned a table showcasing ChatGPT’s engagement overview in comparison to other popular websites: 

WebsiteTotal VisitsBounce RatePages per VisitAverage Visit Duration
ChatGPT1.7 billion31.42%3.947 mins 52 secs
Google84.36 billion28.07%8.7310 mins 45 secs
YouTube32.04 billion22.08%11.2520 mins 9 secs
Facebook16.02 billion31.13%9.3610 mins 38 secs
Instagram6.85 billion35.81%11.578 mins 21 secs
X6.06 billion31.88%10.7611 mins 6 secs
Baidu4.54 billion24.3%7.824 mins 35 secs
Wikipedia4.39 billion59.15%3.173 mins 57 secs
Yahoo3.43 billion33.72%5.578 mins 46 secs
Yandex3.21 billion25.41%8.849 mins 1 sec
WhatsApp3 billion40.86%1.7920 mins 05 secs
Amazon2.28 billion35.1%9.516 mins 55 sec

ChatGPT Demographics 

In this section, we are going to take an in-depth look at ChatGPT’s user demographic which means we will include statistics related to top regions accessing the platform, Age group, and gender distribution. 

ChatGPT By Region

The United States is the leading country with the highest proportion of ChatGPT Users by 12.33%. Followed by India in the second position with 7.84% of users and Japan in the third position with 4.88%. 

Here is a breakdown of ChatGPT users by Region: 

Rank Country Proportion of ChatGPT Users
1United States 12.33%
2India 7.84%
3Japan 4.88%
4Indonesia 4.14%
5Philippines 3.78%

ChatGPT Gender Distribution 

ChatGPT is majorly dominated by men as 54.27% of the users accessing the platform are male users. The proportion of females accessing the platform is 45.73%. 

Gender Share of users 
Male 54.27%
Female 45.73%

ChatGPT by Age Group 

ChatGPT is widely used by individuals of various age groups all across the world. However, the age group with the highest number of ChatGPT users is 25 to 34 years old by 33.05%. Followed by the Age category 18 to 24-year-olds in the second position by 28.15%. 

Below we have mentioned a table showcasing ChatGPT users by Age group:  

Age Group Share of users 
18 to 2428.15%
25 to 3433.05%
35 to 4418.41%
45 to 5411.23%
55 to 645.66%
65+ 3.49%

ChatGPT Device Distribution 

The majority of people across the world prefer to access ChatGPT through their Desktop compared to Mobile Web. Around 62.42% of ChatGPT users worldwide access the platform via Desktop, while only 37.58% of users access the chatbot through their mobile web. 

Device Type % of people accessing the device 
Desktop 62.42%
Mobile Web 37.58%

U.S. adults using ChatGPT 2024, by activity

According to a survey conducted in February 2024, it was found that 20% of respondents in the United States were using the platform for some tasks at work. While 17% were utilizing ChatGPT to learn something new and 17% were simply using it to have some fun online. 

Below we have mentioned a table showcasing U.S. adults using ChatGPT by activity: 

Year  For tasks at workTo learn something newFor entertainment 
March 20238%8%11%
July 202312%14%15%
February 202420%17%17%

Source: Statista 

ChatGPT Traffic Overview 

In this section, we are going to take a look at ChatGPT Traffic by marketing channels, top organic and paid search terms, social media traffic, and more. 

Top Marketing Channel 

75.80% of the traffic sourced to ChatGPT is Direct. Followed by Organic search as the second top marketing channel with 20.17% of traffic. Referral is ranked third in this list with 1.91% of traffic, while social comes in the fourth position with 1.91%. 

Traffic Sources to ChatGPTPercentage of Traffic
Direct75.80%
Organic Search20.17%
Referral1.91%
Social 1.91%
Email 0.20%
Display ads 0.01%
Paid Search0.0%

Top organic search terms on ChatGPT 

Organic search is the second most popular way of generating traffic in OpenAI’s ChatGPT. As of now, the leading search term that brings maximum traffic on the platform is “chatbot” by 36.74%. Followed by “chat gpt” which is the second most popular organic search term that generates around 26.73% of the traffic. 

Rank Top search terms Percentage of Traffic 
1chatgpt 36.74%
2chat gpt 26.73%
3gpt 2.30%
4chat 0.85%
5chatgpt login 0.84%

Top Paid Search Terms on ChatGPT 

In terms of Paid search terms, “chatgpt” generates the highest percentage of traffic on the AI chatbot by 37.32%. Followed by the term “chat gpt” which acquires 12.40% of the traffic which is the second highest according to a report by SimilarWeb. 

Rank Top search terms Percentage of Traffic 
1chatgpt 37.32%
2chat gpt 12.40%
3gpt 3.03%
4openai  0.67%
5chatgpt login 0.27%

Social Media Traffic on ChatGPT

The majority of social media traffic on ChatGPT comes from YouTube at 64.27%. Besides, 8.30% of the traffic comes from WhatsApp web apps and 8.14% of the traffic is acquired through Facebook. 

Below we have mentioned a table showcasing top social media that drove traffic on ChatGPT: 

Social Media Platform Percentage of Traffic 
YouTube 64.27%
WhatsApp Web App 8.30%
Facebook 8.14%
Twitter 4.69%
Linkedin 3.73%
Other 10.88%

ChatGPT has been banned in a few countries 

China, Russia, North Korea, Iran, Ukraine (not entirely, it contains certain exceptions), Belarus, and Venezuela, are among some of the countries that have banned ChatGPT. One of the primary reasons behind the ban is due to its data privacy and the lack of regulations regarding the data collection. While countries like North Korea and China contain strict censorship which restricts the usage of ChatGPT fearing the potential spreading of misinformation or content critical of their governments.

Most common tasks completed using ChatGPT in the U.S. 

A survey by Statista revealed the most common tasks completed by Business leaders using ChatGPT through which it was found that 66% of the respondents utilized the platform for writing codes. While 58% were accessing ChatGPT for copywriting or content generation purposes. Custom support was the third most popular reason behind using the software by 57%. 

Below we have mentioned a table showcasing the most common tasks completed by employees in the U.S. using ChatGPT: 

Tasks Share of respondents 
Writing code66%
Copywriting or content creation 58%
Customer support 57%
Creating summaries of meeting or documents 52%
Research 45%
General tasks list 45%
Other3%

Source: Statista 

ChatGPT and cybercrime – Statistics & Facts

ChatGPT gained immense popularity and attention within a few days of its release, the platform took about 5 days to reach 1 million users and gained a 100 million user milestone in just 2 months. In Fact, 10% of the U.S. people stated they had accessed the platform within the first two months of its release. Although ChatGPT offers a wide range of advantages such as content generation, coding, research, etc it still includes a variety of disadvantages as well which can cause possible misuse. 

The primary concerns related to ChatGPT usage is surrounded with ethical issues related to ChatGPT usage in schools, concerns regarding cyber security, and the potential replacement of employees in certain jobs. 

Potential usage of ChatGPT in cybercrime

ChatGPT contains content filters to prevent any misuse on the platform. However, bypassing these filters is actually an easy task which raises concerns related to potential usage of the platform in cybercrime. For example, the tool declines to generate a text for phishing email upon direct request, however, individuals can still perform a request by describing it as desired knowledge for a different scenario such as writing a movie script that includes an attempt at a phishing attack. Apart from this, there are various large language models available in the market such as WormGPT and FraudGPT which offer paid services for malware development, vulnerability locating, and malicious code writing. 

Sensitive data exposure on ChatGPT

Most companies have released detailed instructions regarding the proper usage of ChatGPT in the workplace. While some have completely banned the usage of the platform in the workplace. But regardless of the precautions taken there are still cases of exposure of highly-sensitive confidential data on ChatGPT. 

Many employees utilize ChatGPT to complete certain tasks or find useful solutions that can help enhance their performance. However improper usage of the platform can lead to the exposure of sensitive data by the employees. 

The shared information becomes a general knowledge of the tool. Through research, it was also revealed that around 10% of the responding employees have utilized ChatGPT in the workplace at once and around 4.7% of the respondents have entered confidential data into ChatGPT. 

A case of sensitive data spill was seen between the 9th and 15th of April 2023, where 319 cases of sensitive or confidential data were leaked on ChatGPT per 100,000 employees.

FAQs 

How many people are using ChatGPT?

Approximately, 180.5 million people are using ChatGPT along with 1.8 billion monthly visits to the website. 

How many queries does ChatGPT get per day?

ChatGPT gets over 10 million queries per day. But considering the massive popularity of ChatGPT the number of queries can grow higher than 10 million in 2024. 

Who owns ChatGPT?

ChatGPT is owned by an artificial intelligence research lab, OpenAI. The platform was initially founded in 2015 by Elon Musk, Sam Altman, and Ilya Sutskever.

Which country uses ChatGPT the most?

The United States is the leading country that uses ChatGPT the most with a proportion of 12.33% ChatGPT users. 

Is ChatGPT free?

Yes, ChatGPT offers a free plan through which users explore the platform without paying a single penny. But to access advanced features and powerful versions of ChatGPT users need to subscribe to its premium plan available for $20/month. 

Is ChatGPT owned by Microsoft?

No, ChatGPT isn’t owned by Microsoft. However, it does have a significant partnership with OpenAI and is currently the largest investor of the company. 

How to invest in ChatGPT?

You cannot invest in ChatGPT as the platform is owned by OpenAI and isn’t publicly traded. Thus, people can’t purchase stocks directly in ChatGPT. Although, users can purchase stocks of Microsoft which owns half of OpenAI. 

Wrapping Up 

ChatGPT is one of the most-used AI chatbots worldwide with 1.8 billion monthly visits as of April 2024. The platform generated tremendous popularity for itself within a short period. The platform contains a massive user base and its ability to perform a wide range of tasks effortlessly makes its influence undeniable. Therefore, looking at the current data and impact of ChatGPT, the platform is expected to keep growing in the future with excellent demand. 

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Midjourney Statistics – Users, Growth, Revenue 2024

Posted on June 3, 2024 by GilPress

In today’s date, Midjourney is among one of the most popular AI image-generating programs in the market that has completely transformed the AI Art industry. The platform currently has around 19.26 million users on its discord server which clearly indicates the platform has a huge impact among the users. 

In this article, we are going to take a look at Midjourney Statistics to gain a better understanding of its user base, growth, revenue, valuation, and more.

Top Midjourney Statistics 

  • There are 19.26 million Midjourney registered users as of March 2024. 
  • 17.04 million people visited Midjourney worldwide in April 2024. 
  • In 2024, Midjourney’s revenue is projected to reach $300 million. 
  • Midjourney surpassed 1 million users in 6 months of its initial release. 
  • Midjourney is dominated by male users 58.85%, while the share of female users is 41.15%. 
  • As of February 2024, Midjourney’s subreddit members reached 1.1 million. 
  • 75.11% of people access Midjourney via Desktops. 

Midjourney Overview 

Release Date July 12, 2022
Founder David Holz
Headquarters San Francisco, California 
Revenue Estimation for 2024$300 million 
Website midjourney.com 

How Many Users Does Midjourney Have?

According to the latest reports, Midjourney has 19.26 million registered users as of March 2024 on its discord server. Back in December 2023, the registered users were 17.5 million showcasing a user growth of 1.76 million in 3 months. In addition, Midjourney’s daily active users usually move between 1.2 million and 2.5 million.

Users need to create a Discord account for themselves to utilize Midjourney by entering Midjourney serves to access its tool. Which has resulted in Midjourney becoming the most famous Discord served globally.

Midjourney Surpassed 1 Million Users in 6 Months 

Midjourney was released in 2022 and the platform took about 6 months to reach a milestone of 1 million users. It is the fifth fastest platform to surpass 1 million users worldwide. The list is ruled by Threads which crossed 1 million users in just 1 hour of its release.

Rank Platform Time Required to Surpass 1 Million Users
1Threads1 hour
2ChatGPT5 days
3Instagram2.5 months
4Spotify5 months
5Midjourney6 months
6Dropbox7 months
7Facebook10 months
8Foursquare13 months
9Twitter2 years
10Airbnb2.5 years
11Kickstarter2.5 years
12Netflix3.5 years

Midjourney’s Subreddit reached 1.1 million members on February 2024

There has been a significant rise in Midjourney’s subreddit where it went from 0.93 million in November 2023 to 1.1 million in February 2024. Although there has been a constant rise in Midjourney’s subreddit members, the engagement rate has been witnessing a decline on the subreddit. 

Back in November 2023, there were about 200 comments and 70 posts every day compared to 400 posts and 4,000 comments recorded as the peak activity every day. 

Month and YearNumber of Midjourney’s Subreddit Members 
February 20241.1 million
November 2023936,516
August 2023770,442
Apr 2023160,662
December 202261,628
August 20228,430
Jun 20225

17.04 Million People Globally Visited Midjourney in April 2024 

According to SimilarWeb, approximately 17.04 million people visited Midjourney in both January and April 2024. However, there has been a significant rise in the number of visits to Midjourney in March 2024 when the platform recorded a whopping 18.48 million visits worldwide. 

Month Percentage of people visited Midjourney 
February 202417.04 million 
March 202418.48 million 
April 202417.04 million 

Midjourney Demographics 

In this section, we are going to take a look at Midjourney’s demographic including the Gender distribution and Age group. 

Midjourney Users By Gender 

Reports suggest that the majority of the Midjourney users are males, with an estimate of 58.85% users. Although the platform is majorly dominated by the male audience there has been a significant growth in the female user base. Currently, the percentage of female users accessing the platform is 41.15%. 

Gender Share of users 
Female 41.15%
Male 58.85%

Midjourney Users By Age

The Midjourney’s user base inclines towards the younger audience ranging from 18 to 34 year-olds. The Age group with the highest number of Midjourney user base is 25 to 34 year olds with 37.44% of users accessing the platform. 

The second leading age group is users between 18 to 24 years old who have an estimate of 22.39%. 35 to 44 is the third largest age group with 19.62% of Midjourney users. There has been a significant decline in the user base after the age of 44. 

Below we have mentioned a table showcasing the Midjourney Users by Age group: 

Age GroupMidjourney Visitors
18 to 24 years22.39%
25 to 34 years37.44%
35 to 44 years19.62%
45 to 54 years11.36%
55 to 64 years5.72%
Over 65 years3.47%

75.11% of Midjourney users prefer to access the platform through the Desktop 

Since Midjourney is an AI image-generating platform, the majority of its users prefer to access the tool through their Desktop compared to the Mobile web. The small screen of the Mobile web can often make it uncomfortable for users to access the tool and generate their desired images. Overall, 75.11% of midjourney users are accessing the tool through Desktop, while 24.89% are accessing it through Mobile web. 

Device Type Share of users 
Desktop 75.11%
Mobile Web 24.89%

Midjourney Traffic Statistics

In this section, we are going to discuss Midjourney traffic statistics where we will include Midjourney traffic generated by Region, Marketing channel, Social Media, and more. 

Midjourney Statistics by Region 

A large portion of Midjourney users is from the United States by 16.99% with an average visit duration of 11 minutes and 29 seconds. Followed by India in the second position by 5.28%, it has an average visit duration of 5 minutes and 55 seconds and Brazil ranked third in the list with 4.07% of Midjourney user base with an average duration of 10 minutes and 10 seconds.  

Below we have mentioned a table showcasing the Midjourney user base based on Region: 

Country Share of Traffic Visit Duration 
United States 16.99%11:29
India 5.28%5:55
Brazil 4.07%10:10
France 3.93%6:38
Germany 3.84%9:13

Midjourney Traffic by Marketing Channels

The traffic recorded by Midjourney in March 2024 was 18.48 million, while the platform witnessed a decline in traffic by almost 1 million the next month when the page visited number reached 17.04 million. 

But talking about the Marketing channels, the Majority portion of Midjourney traffic is generated Directly by 62.63%. Organic search is the second most popular channel generating 30.75% of the midjourney traffic. 

Below we have mentioned a table showcasing Midjourney traffic based on Marketing channels: 

Channels Share of traffic generated towards Midjourney 
Direct 62.63%
Organic Search 30.75%
Social 3.93%
Referrals2.06%
Email0.51%
Paid Search 0.10%
Display ads 0.02%

Midjourney Organic Search 

There are certain organic search terms that have increased the click-through numbers on Midjourney. The most popular organic search term is “midjourney” which generated more than half 52.08% of traffic on Midjourney. Followed by “midjourney ai” as the second most popular search term assembling 4.67% of traffic. 

Below we have mentioned the top 5 organic search terms that generated the highest percentage of traffic on Midjourney:

Top Organic search terms Percentage of traffic
midjourney 52.08%
Midjourney ai 4.67%
???? 1.69%
mid journey 1.58%
midjourney free0.99%

Midjourney Paid Search 

Apart from organic search, paid search also plays an important role in generating traffic on Midjourney. As per paid search, “midjourney” is the leading search term that generates the maximum amount of traffic on Midjourney by 69.09%. Followed by “midjourney ai” in the second position at 9.44% and “mid journey” in the third position at 2.69%. 

Below we have mentioned the top 5 midjourney paid search terms that generate the maximum amount of traffic on the platform: 

Top Paid search terms Percentage of traffic 
midjourney 69.09%
midjourney ai 9.44%
mid journey 2.69%
midjorney 0.31%
midjourney free0.27%

Midjourney Social Media Traffic 

YouTube is the leading social media platform that generates the highest amount of traffic on Midjourney by 37.16%. Followed by Discord in the second position which directs about 29.84% of traffic and Reddit in the third position which directs 8.74% of traffic. 

Below we have mentioned leading social media channels and the percentage of traffic they direct towards Midjourney: 

Top Social Media Channels Percentage of Traffic 
YouTube 37.16%
Discord 29.84%
Reddit 8.74%
Facebook 7.96%
X (Twitter) 5.24%
Other 11.06%

Midjourney Revenue 

Midjourney was released in 2022 and within its first year, it generated a revenue of $50 million. Further in 2023, the platform generated around $150 million and various sources predict Midjourney will witness a growth of $100 million in 2024. In this section, we are going to take a close look at the Midjourney valuation and revenue. 

In 2023, Midjourney generated a Revenue of $200 Million 

Midjourney doesn’t have any client or API and in fact, it had $0 investment but regardless the platform was able to generate an annual revenue of $200 in 2023. The primary interface that is utilized to interact with this generative AI service is still Discord. 

Midjourney majorly focuses on sustainable growth and strategic planning. The platform has generated various paid plans along with additional GPU time purchases. 

Midjourney was ranked as the 4th most visited generative AI service in 2023 and looking at its continuous user growth and demand, various sources predict the platform will reach a revenue of $300 million in 2024. 

YearMidjourney Revenue
2024*$300 million
2023$200 million 
2022$50 million 

The Valuation of Midjourney is projected to rise between 2023 to 2032 at a rate of 34.1% 

In 2022, Midjourney was valued at around $10.5 billion and reports suggest the platform is projected to witness significant growth between 2023 to 2032 at a CAGR of 34.1% which will result in Midjourney reaching a value of $191.8 billion by 2032. 

Midjourney Subscription Plans 

A primary source through which Midjourney generates its revenue is its premium subscriptions. The Basic plan is available at $10 monthly, while the annual subscription costs $96 with $8/month. So, let’s take an in-depth look at the plans offered by Midjourney.  

Midjourney Plan Monthly Subscription CostAnnual Subscription CostsFast GPU Time 
Basic Plan$10$96($8 / month)3.3 hr/month
Standard Plan$30$288($24 / month)15 hr/month
Pro Plan$60$576($48 / month)30 hr/month
Mega Plan $120$1152($96 / month)60 hr/month

FAQs 

How many users are in Midjourney?

Midjourney has 19.26 million registered users on its Discord server as of March 2024, according to the latest reports.

How much does midjourney profit?

Midjourney generated a revenue of $200 million in 2023 without any investors showcasing AI services can be profitable with $0 investments. Some reports also projected the platform will generate a revenue of $300 in 2024.

Which countries use Midjourney the most?

The United States is the leading country that uses Midjourney the most with an estimate of 16.99%. Followed by India in the second position with 5.28% and Brazil in the third position with 4.07%.

Who is the CEO of Midjourney?

Midjourney’s Founder David Holz has been serving as the CEO of Midjourney since its release in 2022.

Who uses Midjourney the most?

Midjourney is most used by young adults. The leading Age group to access Midjourney is 25 to 34 by 37.44%. Followed by the age category 18 to 24 in the second position by 22.39%. 

Can I use Midjourney for free?

No, you cannot use Midjourney for free as the platform has removed its free plans in June 2023. Therefore, users need to purchase a subscription starting at a price of $10 to access the platform. 

Who is the target audience of Midjourney?

The Target audience of Midjourney is those individuals who want to generate high-quality and realistic images using text prompts.

Wrapping Up 

Based on the above statistics it’s clear Midjourney has an amazing user base and revenue generation. Although Midjourney is still relatively new, the platform is making some excellent profits along with sources projecting the revenue to reach $300 million in 2024. Overall, looking at the growth and demand for AI-driven platforms, Midjourney is expected to continue witnessing excellent growth in the coming years. 

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Amazing Cloud Computing Statistics (2024)

Posted on May 29, 2024 by GilPress

Cloud computing is currently one of the most popular and in-demand industries projected to be worth USD 2,495.2 Billion by 2032. Cloud computing offers various services such as storage, software, databases, servers, and more that have taken the flexibility and productivity of businesses to another level. 

Implementing Cloud computing in enterprises assists employees with storage and allows them to store and process their data on cloud servers. In addition, it helps employees with remote work by accessing cloud-based software applications such as Zoom, Slack, and Salesforce, which allow enterprises to conduct meetings remotely. Below, we have mentioned some of the most amazing cloud computing statistics from 2024 to give a clear picture of the impact of cloud computing on today’s world. 

Top Amazing Cloud Computing Statistics 2024

  • The cloud computing market is expected to reach $680 billion in 2024. 
  • Around $178 billion of revenue is generated through Cloud infrastructure every year. 
  • 31% of enterprises have spent about $12 million on the public cloud annually.
  • 60% of the data worldwide is stored in the cloud.
  • By 2025, 200 ZB of the data will be stored in the cloud. 
  • About 90% of the large enterprises have implemented multi-cloud infrastructure. 

Cloud Computing Market Statistics 

Three primary segments contribute to the Cloud Computing Market: Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS). The combination of all these three segments allows users to access software, develop new applications, and store data. 

Revenue of the Public cloud market globally from 2019 to 2028 

The Global revenue in the public cloud sector is expected to witness a massive rise between 2023 to 2028 with an overall rise of around 470 billion U.S. Dollars, increasing 78.32%. In 2028, the revenue is projected to reach a new peak of 1.1 trillion U.S. Dollars. 

Here is a breakdown of the revenue in the public cloud market worldwide from 2019 to 2028: 

Year Revenue in billion U.S. Dollar
2019 259.94
2020316.07
2021399.6
2022481.04
2023595.51
2024690.35
2025785.16 
2026876.64
2027967.92
20281,061.87

Source: Statista 

In 2024, the cloud computing market is expected to reach $680 billion

The global cloud computing market is growing rapidly year after year. By 2024, the market will be worth $680 billion. This includes various services such as software, management, business processes, advertisement, and more services provided by public cloud services. 

Public cloud services market size 2017 to 2024

The Public cloud service market is expected to keep growing rapidly. In 2021, the market size reached 412.63 billion; in 2022, the number reached 478.32. Its market size of public cloud services is projected to reach an estimated $679 billion by the end of 2024. 

Here is a breakdown of the public cloud services market size from 2017 to 2024. 

Year Market in billion U.S. Dollars 
2017145 billion
2018197 billion
2019 243 billion
2020314 billion 
2021412.63 billion 
2022478.32 billion 
2023563.59 billion 
2024678.79 billion 

Source: Statista 

By 2025, 200 Zettabytes of data will be stored in the cloud

It is no surprise that a large amount of data gets created by humans regularly and with each year passing the number of data created increases. According to a report by Arcserve’s Data Attack Surface, it is projected by Cybersecurity Ventures that by 2025 humans will have 200 ZB of data, and half of that will be saved in the cloud. 

In 2023, around $200 billion was forecast to be spent on Software as a Service (SaaS) 

SaaS is making about one-third of the total public cloud service spending. Here are the top three areas of total public cloud service spending: 

  • SaaS – $195 billion
  • IaaS – $150 billion
  • PaaS – $136 billion

Apparently, $178 billion of revenue is generated through Cloud infrastructure services every year

According to reports, Cloud infrastructure services such as Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and hosted private cloud generated $178 billion yearly. Over $50 billion in sales were generated during the 4th quarter of 2021 alone. 

By 2027, the cloud infrastructure worldwide is expected to reach $1.35 trillion 

The massive popularity and demand for cloud solutions are expected to grow yearly. According to reports, cloud spending will grow dramatically in the next few years. Currently, Canada, Central and Eastern Europe, and Asia Pacific regions are among the locations with the highest demand for cloud spending. The global cloud infrastructure spending is expected to reach a milestone of $1.35 trillion by the end of 2027. 

Infrastructure as a Service (IaaS) segment is projected to expand by 30% in 2024 relative to 2022

In 2024, the Instrasture as a Service (IaaS) within the cloud system will likely grow 30% relative to 2022. Meanwhile, the public cloud system market is projected to witness a growth rate of 20% except cloud business process services (BPaaS), which is projected to see a single-digital growth rate annually. 

Cloud Computing is one of the top choices of investment among commercial real estate executives 

Deloitte surveyed around 400 commercial real estate executives regarding their interest in which technology they are more likely to invest in. About 36% of commercial real estate executives showed interest in investing in cloud computing. Cloud computing has become a top choice among executives, beating blockchain, data analytics, and artificial intelligence.

The market value of Platform as a Service (PaaS) is likely to reach over $176 billion in 2024 

PaaS exhibits a form of cloud computing delivered to consumers by service providers. According to reports, the market value of Platform as a Service (PaaS) is projected to grow and reach $176 billion U.S. Dollars.

In 2023, the cloud application market was valued at more than $150 billion

According to reports, the cloud application market in 2023 had a value of around $150 billion. In 2013, the market was valued at $30.4 billion, and ever since, the cloud application market has witnessed constant growth every year and has been able to cross the 100 billion milestone in 2018. It is also projected the cloud application market will be valued at 168.6 billion by the end of 2025.

33% of the cloud provider market share is owned by Amazon 

Since 2017, Amazon has had a strong dominance in the cloud infrastructure market which is higher than Microsoft which owns a market share of about 20%. The list of top market share providers also includes IBM, Google, and Alibaba, which have a market share of less than 10%.

Enterprise Cloud Computing Stats

The combination of three cloud computing segments helps make the organization’s workload more flexible. Various companies worldwide are utilizing this cloud-based software to make their companies more profitable. 

Large companies are most likely to invest in multi-cloud infrastructure 

Today, a large section of companies and organizations globally are investing in multi-cloud infrastructure and embracing the benefits provided by these technologies. About 76% of enterprises worldwide utilize a multi-cloud operating model with at least one private and one shared cloud. Based on the size of the organizations, large enterprises are most likely (90%) to invest in multi-cloud in comparison to small enterprises (60%) and mid-size enterprises (76%).  

About 4 in 5 organizations are likely to utilize a hybrid cloud model 

A hybrid cloud model involves a combination of both public and private clouds, and hybrid organizations highly utilize this strategy. About 43% of the organizations use various public and private clouds. Meanwhile, the percentage of organizations likely to use a single public and private cloud is only 11%. 

On Average enterprises utilize 2.7 private clouds and 2.6 public clouds

Most enterprises worldwide have accepted hybrid cloud models and are currently ready to expand the usage of the cloud model to make the workspace more flexible and profitable. On average, enterprises utilize 2.7 private and 2.6 public clouds. 

44% of small businesses are accessing cloud infrastructure or hosting 

Various traditional small businesses are starting to embrace the benefits of implementing cloud computing technology. Less than 44% of traditional small businesses are utilizing cloud infrastructure or hosting compared to tech-based small enterprises and 74% of enterprise organizations. 

53% of IT decision-makers have claimed multi-cloud has played a significant role in helping them achieve their desired business goal 

The advantages provided by Multi-cloud technology have played a crucial role in helping organizations achieve success worldwide. Most companies are large enterprises that are most likely to see success or benefits while accessing Multi-cloud. However, about 53% of IT decision-makers in companies with more than 100,000 have claimed that multi-cloud has positively impacted the organization and has contributed to achieving their business goals. 

51% of the IT decision-makers claim that cost is the largest prohibiting factor in implementing multi-cloud infrastructure

Undoubtedly, implementing multi-cloud infrastructure in the enterprise can help make the workspace more flexible and useful. However, one of the major drawbacks IT decision-makers face while adopting this new technology is the “Cost” of 51%. Apart from cost, there are various other prohibiting factors, such as security issues (47%), complexity (35%), and skills shortage among employees (41%).

Cloud Computing allows 34.7 million Americans to work remotely 

One of the biggest advantages of implementing cloud computing in enterprises is “Remote work.” Multiple cloud-based meeting software such as Zoom Meets allows companies to conduct essential meetings between teams with complete flexibility without requiring the employees to be physically present in the office. Around 71% of users have claimed that working from home or remotely has allowed users to be productive and helped improve their mental health. 

Conclusion 

The benefits provided by Cloud computing have encouraged more and more companies to implement cloud computing services. These technologies play a crucial role in enhancing the enterprise’s operations without worrying about server maintenance, or physical storage and allow users to communicate remotely. The cloud computing industry is expected to keep growing yearly and is projected to reach $680 billion by the end of 2024. 

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How Many Teens Use Social Media in 2024?

Posted on May 29, 2024 by GilPress

Social media is currently an essential part of everyone’s day to day including teenagers. Unlike old times, teenagers of this generation have access to digital devices such as Smartphones, laptops, tablets, etc along with accessibility of the internet which plays a crucial role in the rise of social media usage among teenagers. Today, 93% of teenagers use social media platforms and 75% of teens have at least one active social media network. 

In this article, we are going to take an in-depth look at teens using social media and gain insight into its demographic, average time spent, most popular platform, positive and negative aspects, etc. 

Key Statistics

  • More than 93% of teenagers are using social media platforms. 
  • The Average time spent on social media by teenagers is 4 hours and 8 minutes. 
  • Teen girls are more likely to use social media compared to teen boys. 
  • YouTube is the most popular social media platform among teens with 93% of teen users. 
  • 8% of the global Instagram users are aged between 13 to 17 years. 
  • 67% of the 18 to 19-year-olds were active on TikTok in 2022.
  • YouTube is the most popular social media platform among teen boys. 

What Percentage Of Teens Use Social Media?

Over 93% of teens are using social media, which is approximately 37 million teens alone in the United States. While 75% of the teenagers have at least one active social media profile. 

YouTube is the most used social media platform among teens with 93% of teen users accessing the platform. Followed by TikTok in the second position with 63% of teen users. Snapchat and Instagram are ranked third and fourth in this list with 60% and 59% of teen users respectively. 

Here is the breakdown of the most used social media platforms among teenagers:

Rank Social Media Platform Percentage of teen users 
1YouTube 93%
2TikTok 63%
3Snapchat 60%
4Instagram 59%
5Facebook 33%
6Discord28%
7Whatsapp21%
8X20%
9Twitch 17%
10Reddit 14%

How often do teens visit social media platforms?

According to a survey by Pew Research Centre, YouTube is the most used social media platform among teenagers. YouTube is also one of the most frequently visited social media platforms with 16% of teens accessing it almost constantly, while 38% of the users access it several times a day. TikTok on the other hand is another widely utilized social media platform among teens with 17% using TikTok almost constantly, and 32% accessing it several times a day. 

Snapchat and Instagram are also accessed by teens on a large scale with 14% of teens using Snapchat constantly, while 8% prefer to access Instagram regularly. Facebook is the least used social media platform among teenagers with 3% accessing it constantly, with 8% preferring to access it several times a day. 

Here is a breakdown of how often teens visit different social media platforms in their day-to-day lives: 

Social media platforms Almost constantly Several times a day About once a day Several times a week
YouTube 16%38%17%14%
TikTok17%32%9%4%
Snapchat 14%29%8%5%
Instagram8%27%12%7%
Facebook3%8%8%7%

Teen using Social Media Platform By Age

Age Group YouTubeTikTok SnapchatInstagram Facebook
13 to 14 years old94%58%49%45%24%
15 to 17 years old92%67%67%68%38%

Teen Social Media Usage by Gender

Teen girls are more likely to access TikTok on a regular basis by 68% compared to teen boys who access TikTok by 59%. On the other hand, YouTube is majorly accessed by teen boys by 96% compared to teen girls by 91%. Snapchat and Instagram are majorly utilized by girls, the share of teen girls accessing this platform is 65% and 66% respectively. 

Below we have mentioned a table showcasing social media usage among teenagers based on gender: 

Social Media Teen Boys Teen Girls 
YouTube96%91%
TikTok 59%68%
Snapchat 56%65%
Instagram 53%66%
Facebook29%36%

Teen Social Media Usage by Race and Ethnicity

YouTube is the most popular social media platform among teens of all races and ethnicities. TikTok is the second most popular social media network among Black and Hispanic teens, while for white teens Snapchat is the second most popular social media tool. 

Below we have mentioned a table showcasing teen social media usage by Race and Ethnicity: 

Race and Ethnicity YouTubeTikTok SnapchatInstagram Facebook
White 92%57%62%56%34%
Black 94%80%66%69%37%
Hispanic 96%70%59%62%31%

U.S. teen’s average time spent on social networks 

According to a survey conducted in the United States, it was revealed that on an average teenagers spend about 4.8 hours on social media platforms every day. Overall, teenage girls spend more time accessing social media platforms by almost an hour compared to teen boys every day. YouTube is the most popular social media platform among teen boys aged between 13 to 19 years as they spend 2.1 hours on YouTube every day, while the average time for girls is 1.7 hours. TikTok is the most popular social media platform among girls based on an average time spent daily of 1.9 hours.

Here is a breakdown of the average time spent by U.S. teens on social media platforms daily:

Social Media Platform Boys GirlsAll teenagers 
YouTube 2.11.71.9
TikTok 1.11.91.5
Instagram 0.71.10.9
Facebook 0.30.40.3
Twitter (X)0.20.30.3
WhatsApp0.10.20.1
All platforms 4.45.34.8

Source: Statista

Main reasons for using Social media platforms among teens 

According to a global survey conducted during the first quarter of 2023, it was revealed that around 61% of teenagers utilize social media platforms to find funny posts. Followed by the second top reason stated to be looking at memes by 46%. Knowing what’s trending is the third most popular reason by 42% and watching or following sports is the fourth most popular reason by 26%. 

Below we have mentioned a table showcasing some of the main reasons teens use social media platforms globally: 

Top Reason Share of respondents 
Finding funny posts 61%
Looking at memes 46%
Seeing what’s trending or being talked about 42%
Watching or following sports 26%
Sharing information on causes I care about 24%
Posting my opinions 24%
Reading the news 21%
Meeting new people 20%

Source: Statista 

Teens and Access to Digital Devices 

Accessibility to various digital devices and the internet plays a significant role in enabling teenagers to use social media platforms. In terms of digital devices currently, the top 3 devices that are accessed by teenagers on a large scale are smartphones, laptops, and gaming consoles. These devices help teenagers access various social media platforms such as Instagram, YouTube, Snapchat, TikTok, etc, and encourage them to participate in online communities. 

Here is a breakdown of the percentage of teenagers that own a digital device: 

Device Type Percentage of teenagers owning the device
Smartphone 85%
Laptop 70%
Gaming Console 60%

Social media and teenage mental health 

In this section, we are going to take a look at the impact of social media on teenagers. Along with how it affects their mental health along with highlighting major concerns faced by teen parents with excessive usage of social media platforms. 

Image pressure on social media

Social Media is utilized by teenagers and young audiences globally on a large scale. However, one of the major drawbacks of teens utilizing social media platforms is the online harm and mental health challenges faced by teens on a regular basis. Image pressure is one of the major issues faced by teens in today’s world. The global pandemic resulted in the rise of social media usage among people including teenagers. In the past social media has often been linked as a cause for teen mental health problems. 

In Fact, in 2019, 23% of girls aged 13 to 17 years old in the UK stated that using Instagram has made them feel somewhat worse than before and has created image pressure on social media. An online survey also revealed that 45% of Gen Z respondents believed that there was too much pressure to be perfect on social media. 

U.S. parents on the effect of social media on teens 

A survey conducted in 2023 revealed that the majority of American parents believe that excessive usage of social media is partially to blame for the rise of depression among teenagers. The platform which made parents the most concerned was Instagram followed by TikTok and Snapchat. The majority of teen parents believe social media is affecting their children negatively with 58% stating it causes them to not sleep enough. Not performing enough physical activity is the second leading concern among parents 57%. 

Here is a breakdown of the top concerns among U.S. parents on the negative effects of social media on teens: 

Top reasons Share of respondents 
Not sleeping enough 58%
Not enough physical activity 57%
Not enough focus on school work52%
Unhealthy need for approval or attention 51%
Not enough face-to-face interaction 49%
Becoming sexualized too soon45%
Not enough personal privacy, oversharing 44%
Exposed to sexual predators 41%
Exposed to hate speech 41%
Inhibits ability to focus37%
Being bullied35%
Inhibits healthy brain development 29%
Bullying others 18%
None of the above 5%

Source: Statista 

Positive aspects of teenage social media usage

Even though social media has various negative aspects such as image pressure and teen mental health issues, it also includes various positive aspects which can be extremely beneficial for teenagers. One of the best parts about using social media among teenagers is how it helps people stay connected with each other regardless of the distance between them. For example, during the global pandemic, the majority of people were in touch with their friends and family members through social media.  Apart from this, it also helped teenagers to find like-minded communities and interest groups, watch live streams, support good causes,  Explore and express themselves, and more. Therefore, social media can have various positive impacts among teenagers related to connection and entertainment if used safely. 

Tips for Guiding Teens to Use Social Media Responsibly

While social media contains both positive and negative impacts on teenagers, there are certain measures that can be taken by parents to help their teens use social media platforms responsibly which are mentioned below: 

  • Set certain rules and limitations: One of the best ways to avoid social media from getting in between your homework, meals, and sleeping schedule is by setting a limit. For example, you can set a rule to not social media until your homework is finished or you have completed your meals. You can also turn off notifications on your social media account during certain times to avoid getting distracted. This way, you can make major changes in your life through simple measures. 
  • Handle challenging behaviors: Have a face-to-face conversation with your teen if you feel their social media usage is starting to cross the rules and regulations and speak to them about what’s appropriate and not. 
  • Enable privacy settings: Make sure your children’s social media account has enabled its privacy settings. This way, you can ensure your kid is not sharing any personal data or information that isn’t meant to be shared and the data is well protected. 
  • Remind them what not to share: Make sure you remind your teenager of things that are correct and incorrect to upload or perform on social media and in real life. Remind them it’s hurt to spread wrong information or gossip about others and never to bully or harm someone’s reputation by spreading personal information about others online. This includes their password, address, phone numbers, etc. 
  • Keep a regular check on your teen’s account: It is suggested by The American Psychological Association to keep a regular check on your children’s social media accounts during early teen stages. One way to keep an eye on your children’s accounts is by following their social media accounts. This way, parents can keep track of their posts and stories without the need to check their smartphone or digital device.
  • Avoid them from talking to strangers: Have a clear talk with your teen regarding what’s appropriate on social media and make sure they don’t connect or talk to any strangers. 

FAQs 

How many kids under 13 use social media?

Around 68% of kids under the age of 13 are using social media platforms in the United States. 47% of the respondents are accessing TikTok, and 31% are accessing Snapchat. 

What percentage of 11 and 12-year-olds have a social media profile?

46% of 11-year-olds and 51% of 12-year-olds currently have a social media profile according to a report by Ofcom’s Children and Parents Media Use and Attitudes. 

What social media does Gen Z use?

YouTube, Instagram, and TikTok are the top three social media platforms that are used by Gen Z on a large scale. 

How many teenagers use Instagram? 

Around 8% of Instagram users globally belong to teenagers who fall under the age category of 13 to 17 years old. 

Is Snapchat ok for a 12-year-old?

No, Snapchat is not ok for a 12-year-old as the minimum age required to use Snapchat is 13 years old. 

What gender uses Instagram the most?

Teen girls are more likely to use Instagram than teen boys. Around 66% of teen girls are using Instagram compared to 53% of teen boys.

Wrapping Up 

Overall, the usage of social media among teens has definitely increased over the last few years. Currently, the average time spent by a teenager on social media is 4 hours and 8 minutes which can be quite concerning for some parents. Therefore, it’s crucial parents take essential care and implications regarding how much time their kid spends online, what content they engage with, what content they share online, etc to ensure safe and secure usage of social media. 

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How to Turn off AI Overview on Google

Posted on May 27, 2024 by GilPress

Do you find the new AI overviews popping up on your Google searches annoying? When then you’re not alone. Even though this AI feature cannot be completely disabled, there are few ways through which users can hide AI Overview on Google Search. In this article, we are going to list down several ways through which users can turn off Google AI Overviews, using Google’s new “Web” search tab or by installing a chrome extension. 

What is an AI Overview? 

AI Overview is a new feature in Google Search that aims to provide an informative summary on top of your search results when you search a query on Google. This feature is specially designed to help save users’ time and effort in their search journey by providing an AI summary. 

How does AI Overview work on Google Search? 

AI Overview is designed to help provide a small understanding or key points regarding a particular topic or query at the starting point to save users time and effort in their search journey: 

  • Identifying relevant searches: Google’s system identifies and determines when an AI Overview is needed and would be most helpful. It provides an overview for searches where users would require a quick understanding of the topic or query. 
  • Creating AI Summary: It collects information and data from numerous sources and Google’s knowledge base, the AI model then generates a short and clear overview that includes all the key points.
  • Providing Sources: AI Overview not only provides key information regarding users’ queries but also lists down the links to all the sources utilized for you so users can further explore and learn more about the topic. 

Can you turn off AI Overview on Google? 

Unfortunately, users can’t turn off AI Overview on Google completely as Google’s generative AI doesn’t offer an opt-in feature. Although there isn’t any disabled option to completely remove these AI Overview features, users can still witness a traditional link-filled search results page by simply switching to the new “Web” result tab.

How to turn off AI Overview from Google Search 

AI Overview popping up on your Google search can be quite annoying for some people. But now, you can turn off the SEG Generative AI or AI Overview on Google by simply following these below-mentioned steps: 

Try the “Web” filter to enable the traditional search results and hide AI overviews

For this, you need to click on a new Web tab at the top of the search results page. 

Once you have run your search, click on the “Web” tab visible at the top of your results page. This way you will be able to hide the “AI summary” and will be able to enable the traditional list of links to the websites. 

  • On Mobile Device: If you are using a Google mobile app or accessing Google through a web browser on your smartphone or tablet then click on “Web tab” on top of your search results page. 

If you are unable to see the Web tab then swipe left on the tabs below the search bar until the tab is visible. 

  • On computer: users can simply click on the “? More” available on the search results and then tap on “Web.”

Blocking Google AI Overview with a Chrome Extension

If you are using a computer, then you can hide AI overviews by installing a chrome extension called Hide Google AI Overviews. This extension is specially designed to remove AI-generated overviews from your Google searches and help enhance your entire browsing experience without any AI-generated summaries. Here’s how you can enable this extension on your device: 

  • Visit https://chromewebstore.google.com 
  • Install the extension on your computer by clicking on “Add to Chrome” 
  • After this tap on “Add extension” and that’s it you can enjoy your google search experience without any AI-generated summaries

Turn off “SGE Toggles” in Google Chrome Browser 

  • For this method, users need to open Google Chrome Browser on their device and ensure you are logged in the browser using your Google account with the experimental AI enabled. 
  • Next, open the chrome home page and tap on the “Search Labs” icon available on the upper-right corner.
  • After this turn off the “SGE Toggles” SGE, generative AI in the Search and SGE while browsing. 
  • Once you have completed this step, Relaunch Google Chrome browser and you’re done. 
  • Now you can now access Google without generative AI research results popping up on your screen. 

FAQs

Can I turn off AI on Google?

No, users cannot completely disable AI Overviews on Google but you can make it extensive using Google’s new “Web” search tab or by installing a Hide Google AI Overviews chrome extension. 

How do I remove generative AI from Google search?

You can remove generative AI from Google search by opening your chrome home page, tapping on Search Labs and switching off the SGE toggles. 

Wrapping Up

Even though users can’t get rid of AI Overviews completely by using the above-mentioned methods such as Google’s new “Web” search tab and chrome extension users can hide these AI Overviews from popping up on your screen. We hope these above-mentioned methods help you get rid of unwanted AI summaries on your Google search.

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11 Best AI Stock Trading Bots (2024)

Posted on May 25, 2024 by GilPress

Investors and traders are continuously looking for cutting-edge AI stock trading software and technologies to give them an edge. In the stock market, timing is crucial for making money. Even milliseconds can determine whether a trade is successful or not. To gain an edge, traders are now using AI and algorithmic trading systems like stock trading bots.

These automated systems can buy and sell stocks on exchanges very quickly, helping investors take advantage of opportunities and enhance their trading results. In this article, we will discuss what stock trading bots are, the various types available, tips for selecting one, and some of the top trading bots currently on the market.

What is an AI stock trading bot?

A stock trading bot is a computer program that uses data analysis to buy and sell stocks automatically. Also referred to as algo trading bots or automated trading systems, they offer investors a methodical and data-driven way to trade stocks.

The benefits of using stock trading bots include:

  • Control over parameters
  • Efficient high-speed trading
  • Backtesting capabilities
  • Risk management
  • Diversification

By implementing an algorithmic trading strategy, investors can potentially enhance their portfolio performance and uncover profitable opportunities. Stock trading bots can quickly assess various price movements and provide insights into market trends that may be overlooked by humans.

Regardless of whether a trader follows a buy-and-hold or day trading strategy, stock trading bots can help optimize their approach by continuously monitoring market changes and adjusting their investments accordingly.

A significant advantage of using stock trading bots is that they enable traders to create and automate money management rules that execute trades based on specific criteria. By promoting a systematic and unbiased trading strategy, these tools help remove emotions from the decision-making process.

12 Best AI Stock Trading Bots

1. Trade Ideas

Ranked as the Best AI stock trading bot, Trade Ideas stands out for its impressive stock trading software developed by a team of talented financial technology entrepreneurs. The software is uniquely built by a team of US developers and directly connects to the Exchanges, monitoring real-time market behavior against historical data tick by tick. With dozens of investment algorithms, the AI stock trading bot ensures users can enhance their trading strategies.

Trade Ideas caters to investors of all levels, offering simulated training sessions for beginners, prebuilt AI trading management tools for intermediate traders, and customizable trade strategies with AI integration for experts. The company’s AI-Holly bot provides statistically-weighted Entry Signals and suggested Exit Signals based on various risk management levels for intraday trade handling.

Additionally, Trade Ideas features Full Quote Windows that display comprehensive fundamental data to help users grasp a stock’s price easily.

Features:

  • Analyzes historical and real-time data
  • Monitors a wide range of trading instruments 
  • Offers customizable strategies for traders
  • Simulated trading 
  • Suggested Entry & Exit Signals

Pros: 

  • Extensive scanning capabilities
  • Unique alert system
  • Supportive community

Cons:

  • Learning curve for beginners 
  • Premium cost

Pricing:

Trade Ideas provides both monthly and annual subscription options for its two subscription plans, Standard and Premium. The Premium plan costs $167 per month or $1999 annually, while the Standard plan is priced at $84 per month or $999 annually.

2. TrendSpider

[7 day Free AI stock trading bot]

TrendSpider offers advanced automatic technical analysis through its unique machine learning algorithm on its stock market platform. The software is designed for all types of investors, from day traders to general market participants. By scanning historical market data, TrendSpider’s algorithm can identify trends in the forex market, which are then shared with human traders for making informed and profitable trades.

Additionally, TrendSpider provides Trading Bots that can automate your trading strategy. You can refine and test your strategy using the Strategy Tester feature before deploying it as a Trading Bot. These Bots are customizable to match your specific strategy and can be set to trigger actions based on certain conditions being met, such as posting to a private Discord server or executing trades in a brokerage account.

They operate on timeframes ranging from 15 minutes and up, do not have an expiration date, and run on a cloud-based system. Alongside Trading Bots, TrendSpider’s comprehensive platform also offers chart pattern recognition and trendline analysis. Its smart alerts and intuitive interface empower traders to navigate the market with precision.

TrendSpider is a renowned AI stock and crypto trading bot that streamlines market analysis for traders.

Features:

  • Cutting-edge technology automates
  • Dynamic alerts
  • Multi-timeframe

Pros:

  • Accurate technical analysis
  • Customizable alerts
  • Strategy optimization

Cons:

  • Learning curve
  • High cost

Pricing:

Three price tiers are available on TrendSpider: Elite, Elite Plus, and Essential. A seven-day free trial is included with every plan. The monthly cost of the Essential plan is $33.15, or $27.20 if paid annually. The monthly cost of the Elite is $89.50, or $67.50 if a yearly subscription is chosen.

3. Signal Stack

Signal Stack is an AI stock trading bot that analyzes vast market data to generate real-time signals. It adapts to traders’ preferences, offering customization options for criteria and indicators. Real-time signals are delivered through various channels, aiding quick decision-making. Comprehensive portfolio management tools assist in optimizing investment portfolios. 

Features:

  • Advanced AI algorithms
  • Real-time signal generation
  • Portfolio management
  • Risk management

Pros:

  • Automation, 
  • Data-driven insights 
  • Backtesting capabilities

Cons:

  • Technical complexity for beginners
  • Dependence on market conditions

Pricing:

Signal Stack Pricing is tier-based, offering lower costs per signal for larger purchases. You don’t need a credit card to access the first 25 signals, which are free. Pricing for subsequent signals starts at $1.49 for a pack of 50 and goes all the way down to $0.59 for a pack of 10,000.

4. Stock Hero

StockHero is an AI stock trading bot that employs cutting-edge technology to analyze vast market data, offering insights and automation to traders. It is a stock screening platform that helps traders identify undervalued stocks. It caters to both beginners and experienced traders, making stock market insights accessible to all.

Features:

  • Advanced algorithms
  • Real-time analysis
  • Portfolio management tools
  • Automation streamlines trade execution

Pros:

  • Data-driven insights
  • Efficient 
  • Risk management features

Cons:

  • Reliant on market conditions
  • Technical complexity

Pricing:

Stock Hero offers three subscription plans: the Lite plan at $4.99/month or $49.99/year; the Premium plan at $49.99/month or $499.99/year; and the Professional plan at $99.99/month or $999.99/year.

5. Tickeron

Tickeron is an AI stock trading platform that leverages advanced algorithms to analyze real-time and historical market data, aiding users in making data-driven investment decisions. It is a news and analysis platform that provides traders with news, analysis, and trading ideas.

Features:

  • AI-driven insights
  • Smart portfolios
  • Backtesting
  • Technical analysis tools

Pros:

  • Advanced AI algorithms
  • Diverse feature set
  • User-friendly interface

Cons:

  • Market unpredictability
  • High cost

Pricing:

Tickeron offers four main pricing plans. The Investor plan costs $60/month, the Swing Trader plan is $80/month, the Day Trader plan at $100/month, and the Expert plan at $250/month.

6. Scanz

Scanz is a comprehensive market scanning platform designed for day and swing traders, offering real-time scans of the entire stock market. It helps traders identify trading opportunities on the forex market. It offers real-time scanning and filtering tools.

Features:

  • Customize scans 
  • News Scanner with rapid news feeds

Pros:

  • Robust scanning capabilities 
  • Real-time event notifications

Cons:

  • Learning curve for new users
  • Subscription costs

Pricing:

The monthly cost of Scanz includes Level 1 and Level 2 quotes, with a starting price of $169. For an extra $15 per month, you can get the OTC Markets add-on, which gives you complete data on OTC penny and sub-penny stocks.

7. Imperative Execution

Imperative Execution, a financial exchange organization, is renowned for its Intelligent Cross US equities ATS platform, which was a pioneer in applying AI to trading. It is an order execution platform that helps traders place and execute orders quickly and efficiently.

Features:

  • Optimizing price discovery 
  • Near-instant order matching 

Pros:

  • Cutting-edge technology
  • Swift order execution

Cons:

  • Primary focus on U.S. Equities 
  • Potential dependency on AI technology

Pricing:

Imperative Execution, a leader in automated trading systems, offers its IntelligentCross ATS with a special pricing structure. Although precise pricing information is kept private, the company’s strategy aims to lessen the impact of large orders on the market and provide a more effective trading environment.

8. Algoriz

Algoriz is a cutting-edge trading platform that harnesses artificial intelligence and machine learning to provide traders with real-time insights and automated trading capabilities. It is a backtesting and optimization platform that helps traders develop and test their trading strategies.

Features:

  • Advanced algorithms
  • Trading opportunities
  • Competitive edge

Pros:

  • Time-saving efficiency 
  • Data-driven decision-making
  • Trading discipline

Cons:

  • Need technical knowledge
  • Bot’s performance relies on market conditions
  • Require dynamic environments

Pricing:

Four pricing tiers are available to users through Algoriz. For those just starting out, the Professional plan costs $29 per month and offers advanced features. The Lite plan is free. The Premium plan, which costs $69 a month, is for those looking for a complete trading solution.

9. Kavout

Kavout is an innovative AI investing platform powered by “Kai,” its AI machine that meticulously analyzes vast amounts of financial data, news, blogs, and social media to provide highly accurate insights. 

Features:

  • AI-powered stock selection
  • Objective and tradable signals
  • Broad coverage

Pros:

  • AI-driven precision
  • risk-free paper trading

Cons:

  • Learning curve
  • Market-dependent

Pricing:

Since Kavout’s pricing isn’t mentioned explicitly on its website, it might be customized to meet the needs of specific users.

10. BlackBoxStocks

Real-time trading alerts and advanced options tools with a trading community and AI algorithms for stock and options traders.

Features:

  • AI-powered stock analysis and trading recommendations
  • Real-time market data and news
  • Automated trading capabilities

Pros:

  • Powerful AI algorithms
  • Easy to use

Cons:

  • It primarily focuses on options trading
  • Expensive

Pricing:

It starts from $99.97/month re-billed each month at the same time, or $959/year.

11. MetaStock

A comprehensive technical analysis software offering powerful charting, backtesting, and forecasting tools for stock, forex, and futures markets. It is a technical analysis platform that provides traders with tools to identify and analyze trends.

Features:

  • Comprehensive charting and technical analysis tools
  • Backtesting and forecasting tools
  • Customizable workspaces

Pros:

  • Extensive library of built-in indicators
  • Reliable data and analytics

Cons:

  • Steeper learning curve
  • Pricing is high

Pricing:

MetaStock offers various pricing plans, including MetaStock D/C (Daily Charts), MetaStock EOD (End-of-Day), and MetaStock RT (Real-Time). Prices may vary depending on the plan and the data feed you choose, but they typically range from $499 to $1,695 annually.

Are AI stock trading bots profitable?

Although they have the potential to be profitable, AI trading bots do not ensure success. A trading bot’s profitability is dependent on a number of variables, such as its underlying strategy, the caliber of the data it uses, and the state of the market.

Are AI trading bots legal?

Yes, AI can trade stocks legally. But it depends on the rules in each country. Many places treat trading bots as automated systems and have rules from financial authorities. The rules are meant to keep markets fair, protect investors, and prevent cheating. AI trading software needs to follow these rules, like getting a license, reporting data, and following market rules.

Financial authorities like the SEC in the US, the FCA in the UK, and others in different countries have rules for algorithmic trading and automated systems. These rules include managing risks, testing algorithms, and watching out for market cheating.

How to Use AI for Stock Trading?

AI is being used in the trading industry in a variety of ways. One way is to order customized robots or apps that will trade for you, providing signals and making decisions based on your trading strategy. Another option is to use the many online analytical software packages and smart trading advisors that are available.

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Podcasts Statistics 2024: How Many Podcasts Are There?

Posted on May 20, 2024 by GilPress

The Podcast industry is gaining massive recognition worldwide. Statistics show that currently, there are over 5 million podcasts available across the world, along with 71 million episodes existing in podcast feeds. The statistics related to the podcast industry are quite impressive with the number of podcast listeners growing each and every day. In Fact, the number of podcast listeners is predicted to reach 504.9 million by the end of the year. In this article, we are going to take a detailed look at how many podcasts are there as per new 2024 data. So, let’s begin. 

Top Podcasts Statistics 2024

  • In 2024, there are more than 5 million podcasts available globally. 
  • There are over 71,000,000 episodes existing in the podcast feeds. 
  • 2.6 million podcasts are listed by Apple podcasts. 
  • There are around 455,000 active podcasts on the Apple podcast platform. 
  • By the end of 2024, the number of podcast listeners is expected to reach 504.9 million. 
  • Chile is the leading nation with the highest podcast growth by 84%. 
  • The market size of the podcast industry is expected to reach 30.03 billion by the end of the year. 
  • The average duration of a podcast is between 20 to 40 minutes. 
  • Spotify is the leading platform used by listeners for streaming podcasts. 
  • Apple podcast is the top platform with the highest number of download requests by 70.8%. 
  • In 2024, the number of active podcast listeners is expected to reach over 100 million. 
  • An Average American listens to 8 podcasts a week. 
  • Sweden is the leading nation with the highest number of podcast listeners. 
  • 22% of people tune into podcasts while driving. 
  • Smartphones are considered the most preferred device used by listeners to stream podcasts. 

How many Podcasts are there in 2024?

As of 2024, there are over 5 million podcasts available worldwide, with more than 70 million episodes between them. However, if we remove the inactive podcasts, the total number of podcasts available will drop to 4.2 million today.

2.6 million podcasts are listed in Apple podcasts

Apple podcasts are one of the most used platforms utilized by listeners across the world to stream podcasts. According to research, over 2.6 million podcasts are listed by Apple itself with over 91 million total episodes in the feeds. Even though these might seem a lot it’s important to note that many of the podcasts available are inactive as the new episodes haven’t been published in the past 90 days span. Valid podcasts available on Apple are always available for downloads by listeners regardless of age or active status. 

Only around 455,000 of the podcast in Apple podcasts are active 

Regardless of 2.6 million podcasts being listed by Apple podcasts majority of them are inactive and haven’t posted a single new episode in the past 90 days. According to research, only 17.50% (which is around 455,000) of the podcasts available are active on the platform. While 82.50% of the podcasts listed are inactive. There are more than 71,000,000 episodes existing in the podcast feeds.

The Global podcasting market size is expected to reach $30.03 Billion in 2024

The Podcasting industry has been gaining massive popularity across the world with listeners tuning in to new episodes every day. With such a high response from the listeners, the market size of the podcast industry is also reaching new heights every year. 

By the end of 2024, the global market size of the podcast industry is expected to reach $30.03 billion along with predictions to reach 38.36 billion in 2025. In Fact, according to various experts, the podcasting industry is also expected to cross the milestone of 100 billion in the coming years and reach $131.13 billion in market size in 2030. Below we have mentioned a table showcasing the market size of the podcast industry over the years:

Year Market Size of Podcast Industry 
202323.56 billion
202430.03 billion
202538.36 billion
202649.03 billion
202762.71 billion
202880.07 billion
2029102.53 billion
2030131.13 billion

Total number of Podcast listeners globally

As of 2023, the number of podcast listeners worldwide was 464.7 million which is 8.68% of the entire internet users. By the end of 2023, the numbers of podcast listeners are expected to witness a massive rise and cross the milestone of 500 million by reaching 504.9 million listeners globally. One of the major reasons behind the sudden rise of podcasts among the audience is due to its ability to create a deeper bond with the listeners, especially the niche audience in comparison to other media streams. Below we have mentioned a table showcasing the number of podcast listeners over the years:

Year Number of Podcast listeners Percentage of Internet users 
2019274.8 million14.4% of Internet users
2020332.2 million16.5% of Internet users
2021383.7 million18.7% of Internet users
2022424.2 million20.3% of Internet users
2023464.7 million22% of Internet users
2024504.9 million23.5%  of Internet users

American nations are witnessing massive growth in the number of podcasts

When it comes to growth in the number of podcasts, American nations are leading the race as Chile has 84% of growth in podcasting followed by Argentina in second place by 55.3%. Peru secured the third place with a growth rate of 49.1%. Below we have mentioned a table displaying the top 5 nations with the highest podcast growth rates: 

Nations Podcast growth rate 
Chile 84%
Argentina 55.3%
Peru 49.1%
Mexico 47.8%
China 43.6%

Countries with Largest Share Of Podcast Listeners

According to Statista, Sweden is the leading country with the highest share of podcast listeners worldwide with 47%. Followed by Ireland and Brazil in the second and third positions with over 40% of podcast listeners. Statista conducted a survey of 54 countries with 1,000 to 5,700 respondents from each country where Sweden was found to be the country with the highest number of podcast listeners. Based on this survey, the United States had 34% of podcast listeners while the United Kingdom had 31% of podcast listeners.

Country Percentage of Podcast listeners 
Sweden47%
IrelandOver 40%
BrazilOver 40%
United States34%
United Kingdom 31%
Canada30-39%
Australia30-39%
Russia20-29%
India20-29%
China19%
Japan5%

Source: Statista

Number of users of podcasts in the United States from 2020 to 2027

Over the past few years, the number of podcast listeners has been rising in the United States rapidly and gaining new listeners almost every day with an average American tuning into at least 8 podcasts on a weekly basis. As of 2024, the number of podcast listeners in the United States reached 249.42 million and the number is expected to keep on rising in coming years. According to Statista, podcast listenership is expected to reach 254.35 million by 2027. Below we have mentioned a table showcasing the number of users listening to podcasts in the US from 2020 to 2027:

Year Number of podcast listeners 
2020236.91 million
2021237.57 million
2022244.69 million
2023247.77 million
2024249.42 million
2025251.12 million
2026252.79 million
2027254.35 million

Americans between 12 to 34 are the largest age group to listen to podcasts every month

Podcasts are gaining massive popularity among teenagers and young adults all across the United States. Based on a survey by Statista in 2022, it was revealed that about 50% of the users in the survey aged between 12 to 34 have stated that they had listened to a podcast in the last month. Making 12 to 34 the largest age group listening to posts every month in the United States. While, 43% of the people in the survey who aged between 35 to 54 claimed to have listened to a podcast in the previous month. Below we have mentioned a table showcasing the percentage of Podcast listeners in the US based on Age group:

YearAge 12-34 ShareAge 35-54 ShareAge 55+ ShareAverage Share
201942%36%17%32%
202049%40%22%37%
202156%39%26%40%
202250%43%22%38%
4-Year Average49%40%22%37%

Distribution of Podcast Listeners in the US based on Gender 

In the United States, both genders have played a significant role when it comes to streaming podcasts. But in comparison, males are more likely to stream a podcast than females. In 2019, 36% of males were listening to podcasts in the US in comparison to 29% of females with a difference of 7%. Similarly, in 2020, men were more keen on listening to podcasts by 39%, while the share for females was 36%. In 2021, the number for males was 43%, while for females it was 39% with a difference of 4%. In 2022, 41% of males were tuning to podcasts while 36% of females were streaming podcasting in the United States.

YearShare of MalesShare of FemalesDifference
201936%29%+7% (Men)
202039%36%+3% (Men)
202143%39%+4% (Men)
202241%36%+5% (Men)

US Podcast Listener Preferences

As of January 2024, there are over 4.3 million podcasts available giving users a massive range of podcast choices to stream. Around 82,886 podcast shows were published in the last 3 days and about 224,560 of the podcast shows were published in the Last 10 days itself. Therefore, it’s pretty clear there is a wide range of podcast show options available for the audience to keep them entertained and hooked to the platform. Below we have mentioned a table showcasing how often a podcast show gets published:

Time PeriodNumber of Published Podcast Shows
Last 3 Days82,886
Last 10 Days224,560
Last 30 Days316,445
Last 60 Days395,579
Last 90 Days451,780

With such a massive range of choices available. An average American completes 8 episodes on a weekly basis. Below we have mentioned the number of episodes listened to per week by listeners:

Number of Episodes Listened to in Last WeekShare of Podcast Listeners
114%
218%
313%
4 or 521%
6 to 1016%
11+18%

Podcast Platform Usage in the US 

There is a huge demand for podcasts in the United States as a large number of audiences tune into different podcast platforms and spend 7 hours on average every week listening to podcasts. Currently, Spotify is the leading Podcast Platform with 25% of the share of listeners in the United States, followed by Apple Podcasts ranking second on this list with 20% share of listeners. Below we have mentioned a table showcasing the top Podcast platforms in the United States:

Podcast PlatformShare of US Listeners
Spotify25%
Apple Podcasts20%
Google Podcasts16%
Pandora15%
Website (stream)11%
Audible10%
NPR One9%
Tune In8%
Deezer7%
Podcast Addict7%
Radio Public6%
Stitcher6%
Overcast6%
Pocket Casts6%
CastBox5%

Both Spotify and Apple Podcast are the two leading podcast platforms in the United States that are highly utilized by people to stream podcasts. Both platforms have a huge number of listeners. In 2023, Spotify had 36.3 million listeners in the US, while Apple Podcast had 28.8 million listeners with Spotify leading with over 4 million listeners.  

Below we have mentioned a comparison table of Spotify listeners and Apple Podcast listeners to showcase the difference between the two leading podcast platforms along with mentioning the difference: 

YearUS Spotify ListenersUS Apple Podcast ListenersDifference
202019.9 million27.8 million+7.9 million (Apple)
202128.3 million28.1 million+0.2 million (Spotify)
202232.5 million28.5 million+4 million (Spotify)
202336.3 million28.8 million+7.5 million (Spotify)
202440 million29 million+11 million (Spotify)
202542.4 million29.2 million+13.2 million (Spotify)

When it comes to Podcast Publishers, iHeartRadio is the leading publisher with over 252.32 million global streams and 870 active shows. Followed by Wondery ranking second in the podcast publisher list with 112.86 million global streams and 232 active shows. Below we have mentioned a table showcasing the Top 10 publishers along with their global streams, active shows, and US Listeners: 

RankPublisherUS ListenersGlobal StreamsActive Shows
1iHeartRadio29.82 million252.32 million870
2Wondery18.42 million112.86 million232
3NPR18.18 million129.19 million49
4New York Times8.75 million63.34 million12
5NBC News8.72 million51.32 million78
6The Walt Disney Company7.59 million35.68 million103
7DailyWire+5.93 million50.1 million14
8Barstool Sports5.48 million23.11 million99
9Paramount4.9 million28.24 million87
10Vox Media6.19 million38.19 million61

Podcasting Platforms Statistics Worldwide 

Spotify is the leading podcast streaming platform worldwide with more than 33% of share hosting some of the most popular and in-demand podcasts by podcasters all around the world. Overall, Spotify has played a significant role in boosting the demand for podcasting all over the world. Apart from Spotify, Apple Podcasts is the second leading podcasting platform with a 27.6% share worldwide, followed by iHeartRadio with 6.2%. Below we have mentioned a table showcasing the leading streaming podcasting platforms worldwide: 

PlatformPercent share
Spotify33.7%
Apple podcasts27.6%
iHeartRadio6.2%
Google Podcasts3.6%
Amazon Music2.7%
Others26.2%

In 2024, the US Podcast industry is expected to be worth $4 Billion

As of now, the podcast industry is valued at $2 billion in the United States itself. The growing reach and acceptance of podcasts among American internet users have been on the rise for the past few years. With 100 million active listeners the nation is currently witnessing the golden age of podcasting in the United States. By the end of 2024, the podcast industry in the United States is expected to reach a milestone of $4 billion.

Most Popular Podcasting Platform

When it comes to podcasting platforms, Spotify is the leading with a share of 33.7% followed by Apple podcasts in second place with a share of 27.6%. Below we have mentioned a table showcasing the top most popular podcast streaming platforms worldwide:

Podcast Platforms Usage percentage 
Spotify 33.7%
Apple podcast27.6%
iHeartRadio 6.2%
Google Podcasts 3.6%
Chrome 2.8%
Amazon Music 2.7%
Castbox1.5%
Alexa2.0%
Stitcher0.8%
Overcast0.6%

Overall, Spotify and Apple podcasts are the two dominant platforms in the podcast industry, with the highest usage.

Apple Podcast is the leading platform with the highest number of podcast downloads

There is no doubt that Spotify is the top platform when it comes to streaming podcasts. However, in terms of podcast downloads Apple podcast has no match. More than 70% of the podcast download requests come from Apple podcasts followed by Spotify in the second position with 8.9% of download requests. So, clearly apple podcast has no competition when it comes to download requests from the listeners. Below we have mentioned a table showcasing the top platform with the highest podcast downloads:

Platform Percentage of download request 
Apple Podcast 70.8%
Spotify 8.9%
Other 5.9%
iHeartRadio3.0%
Alexa2.3%
Overcast 1.6%

Most Popular Podcast Channel (2024) 

Below we have gathered some of the most in-demand podcast channels worldwide that have been loved by the audiences. This list covers the top 10 most popular podcast channels of 2024:

Rank Podcast Channel 
1The Joe Rogan Experience
2The Daily
3This American Life
4Stuff You Should Know
5Pod Save America
6Call Her Daddy
7Office Ladies
8The Ben Shapiro Show
9Morbid: A True Crime Podcast
10My Favorite Murder

Source: Riverside

Wrapping Up

The podcast industry is growing at a fast pace in terms of active podcasts, number of listeners, and number of episode releases. Currently, there are over 5 million podcasts available worldwide with over 71 million episodes existing in the podcast feeds. In the coming years, the demand for podcasts is expected to reach new heights and by 2030 the market size of the podcast industry is predicted to reach 131.13 billion. 

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