Breaking it down further, the report suggests Facebook users aged 11 and under will fall by 9.3%, those aged between 12-17 will decline 5.6%, while 18-24 year-old users, will drop by 5.8%. According to a new report, Facebook will keep losing youngsters while Instagram and Snapchat will gain more users aged 24 and under. Unlike in previous years, when the site managed to hang onto younger users via Instagram, it now seems to be losing serious ground to 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. Snapchat's popularity with teens and young adults rose significantly since the platform first launched in 2011. In 2018, 83 percent of social network users aged 18-24 will be Facebook users, this share will drop to 81.5 percent by 2021.
Facebook is facing a "teen problem" as more young people are signing off and heading to rival platforms such as Snapchat, according to a new study.
Two million people under the age of 25 will stop using the social network this year, research firm eMarketer predicted.
Facebook's loss could be Snapchat's gain.
However, eMarketer does note that while Snapchat is popular mainly among youngsters right now, it could appeal to more age groups in the future. Snapchat is expected to add 1.9 million users in this age group of 24 and younger.
Around 43 per cent of social media users will use Snapchat this year, which eMarketer said is more than twice its penetration rate from three years ago.
The statistics are equally true in the United States, where for the first time ever fewer than 50% of teenage internet users will log in to Facebook at least once a month.
According to eMarketer, the largest growth is expected to be among older social network users.