TikTok's revenue will overtake Twitter and Snapchat combined in 2022
Insider Intelligence analysts believe that TikTok's revenue could triple in the current reporting year. The reasons for the optimistic predictions are the number of users and the time they spend on the app.
Twitter and Snapchat are expected to bring in $5.58 billion and $4.86 billion in ad revenue, respectively, in 2022. That said, the combined results are still less than the $11 billion projected for TikTok.