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Platform Magnetism & Pluralism

While established platforms maintain a strong hold, platform usage varies across demographics and countries, creating a fragmented social media landscape.

Detailed Analysis

Despite the dominance of established platforms like Facebook and Instagram, the Latin American social media landscape is characterized by significant diversity. Platform preference is influenced by factors such as internet access, age, and country. While some countries show strong loyalty to specific platforms, others exhibit a more pluralistic approach, using different platforms for different needs. The report highlights varying levels of internet penetration and mobile connectivity across the surveyed countries, impacting platform adoption.

Context Signals

Strong correlation between internet penetration and urbanization. Varying download speeds across countries influence content consumption. Failure of Threads to gain traction in Latin America.

Edge

The next successful social media platform in Latin America will likely be mobile-friendly and offer hyper-localized content. Brands will need to diversify their social media strategies and tailor content to specific platforms and audiences. The rise of 5G mobile connectivity could shift platform preferences in countries with currently lower internet penetration.
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TRENDS
Threads — launched on July 5, 2023 — is hardly anywhere to be seen in our survey: Only 0.3% of Peruvian respondents say it’s the social media platform they ‘use the most’ (it scores 0% among all other nationalities).