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TECHNOLOGY, DISCOVERY & INNOVATION. UPDATED 14 MINUTES AGO.
You are here: Home / Digital Life / Facebook Really Is for Oldsters
Report: Facebook Really Is for Old People
Report: Facebook Really Is for Old People
By Mark Sweney Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
FEBRUARY
12
2018
It's official: Facebook is for old(er) people. Teens and young adults are ditching Mark Zuckerberg's social network as popularity among the over-55s surges, according to a report.

A surge in older users means over-55s will become the second-biggest demographic of Facebook users this year.

The report says that while Facebook has so far been successful in keeping hold of younger users shifting to services such as Instagram, which it bought in 2012 for $1bn, defectors are now increasingly heading to upstart Snapchat.

"Facebook has a teen problem," says Bill Fisher, UK senior analyst at eMarketer. "This latest forecast indicates that it is more than just a theory. Until now it has been able to rely on platform shifters being hoovered up by Instagram. However, leading the charge for younger audiences is Snapchat. There are now some early signs that younger social network users are being swayed by Snapchat."

The report reveals that as Facebook has grown older -- the once spring chicken of the internet celebrated its 14th birthday earlier this month -- so too has its user base, along with its popularity among older people.

The largest growth will be among older users, with 500,000 new over-55s expected to join Facebook this year. There will be 6.4 million 55- to 65-year-old-plus regular Facebook users this year, the biggest demographic save for 16- to 34-year-olds.

"There are a couple of factors at play here," says Richard Broughton, an analyst at Ampere. "One is that older people tend to be late to the internet party, but adoption tends to find its way through the demographics eventually. And with Facebook's video and photo experience it is a platform they want to be on to keep up with the social lives of their kids and grandchildren."

Last month, Facebook announced a major overhaul of its news feed algorithm to prioritize what friends and family share, while reducing the amount of non-advertising content from publishers and brands.

Zuckerberg has pledged to spend this year "making sure that time spent on Facebook is time well spent."

Last month, Facebook revealed a $4.3bn profit for the final quarter of last year, a 61% year-on-year rise.

Zuckerberg said 2017 proved a "hard one" for the company, which faced issues including its role in disseminating fake news and concerns it was used as a platform for Russian meddling in the US elections.

© 2018 Guardian under contract with NewsEdge/Acquire Media. All rights reserved.

Image credit: Facebook ; iStock/Artist's concept.

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