Companies

US Teens Engage with YouTube and TikTok 'Almost Constantly', Pew Research Uncovers

Published December 12, 2023

A recent study by Pew Research has unveiled a significant trend among US teenagers, who are reportedly using platforms like YouTube and TikTok with nearly relentless frequency. This insight has potential implications for investors considering the digital media space, particularly in the context of Alphabet Inc. GOOG and Meta Platforms, Inc. META, both of which have a substantial stake in the online landscape.

Impact on Digital Media Giants

Alphabet Inc., the parent company of Google, created through a restructuring process on October 2, 2015, not only spearheads the world's information search but also owns YouTube, one of the platforms that has anchored itself as a cornerstone of teen digital consumption. As the fourth-largest technology company by revenue, Alphabet's GOOG presence in these findings underscores its grip on the market.

The Role of Meta Platforms

On the other hand, Meta Platforms, Inc. META—formerly known as Facebook—develops products that significantly shape the way people, including teens, connect and share content. With its headquarters in Menlo Park, California, META is at the forefront of social media evolution, offering various ways for users to interact digitally through not only its original platform but also through potential competitors to YouTube and TikTok.

The sustained engagement of teens with these platforms could signal a steady demand for advertising and content delivery spaces, therefore potentially influencing the performance and strategies of these publicly traded companies. The dynamics of usage patterns also assist in forecasting the companies' long-term growth in a fast-evolving digital arena.

investment, technology, socialmedia