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Instant Messaging System Market Size, Share 2024
The global Instant Messaging System market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Cloud Based Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Instant Messaging System include Facebook, WhatsApp, Google Hangouts, Microsoft Teams, Tencent, Flock, Line, Viber and Telegram, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Instant Messaging System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Instant Messaging System. This report contains market size and forecasts of Instant Messaging System in global, including the following market information:
- Global Instant Messaging System Market Revenue, 2019-2024, 2025-2030, ($ millions)
- Global top five companies in 2023 (%)
We surveyed the Instant Messaging System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Instant Messaging System Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Instant Messaging System Market Segment Percentages, by Type, 2023 (%)
Global Instant Messaging System Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Instant Messaging System Market Segment Percentages, by Application, 2023 (%)
Global Instant Messaging System Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Instant Messaging System Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Instant Messaging System revenues in global market, 2019-2024 (estimated), ($ millions)
- Key companies Instant Messaging System revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Facebook
- WhatsApp
- Google Hangouts
- Microsoft Teams
- Tencent
- Flock
- Line
- Viber
- Telegram
- Linkedln
- Dingtalk
- Feishu Technology
- Hello Group
- Free Gate Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Instant Messaging System, market overview.
Chapter 2: Global Instant Messaging System market size in revenue.
Chapter 3: Detailed analysis of Instant Messaging System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Instant Messaging System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
Report Attributes |
Report Details |
Report Title |
Instant Messaging System Market, Global Outlook and Forecast 2024-2030 |
Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year |
2023 |
Forecast Year |
2031 |
Number of Pages |
63 Pages |
Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Instant Messaging System Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Instant Messaging System Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Instant Messaging System Overall Market Size
2.1 Global Instant Messaging System Market Size: 2023 VS 2030
2.2 Global Instant Messaging System Market Size, Prospects & Forecasts: 2019-2030
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Instant Messaging System Players in Global Market
3.2 Top Global Instant Messaging System Companies Ranked by Revenue
3.3 Global Instant Messaging System Revenue by Companies
3.4 Top 3 and Top 5 Instant Messaging System Companies in Global Market, by Revenue in 2023
3.5 Global Companies Instant Messaging System Product Type
3.6 Tier 1, Tier 2 and Tier 3 Instant Messaging System Players in Global Market
3.6.1 List of Global Tier 1 Instant Messaging System Companies
3.6.2 List of Global Tier 2 and Tier 3 Instant Messaging System Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Instant Messaging System Market Size Markets, 2023 & 2030
4.1.2 Cloud Based
4.1.3 On-Premise
4.2 By Type - Global Instant Messaging System Revenue & Forecasts
4.2.1 By Type - Global Instant Messaging System Revenue, 2019-2024
4.2.2 By Type - Global Instant Messaging System Revenue, 2025-2030
4.2.3 By Type - Global Instant Messaging System Revenue Market Share, 2019-2030
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Instant Messaging System Market Size, 2023 & 2030
5.1.2 To B
5.1.3 To C
5.2 By Application - Global Instant Messaging System Revenue & Forecasts
5.2.1 By Application - Global Instant Messaging System Revenue, 2019-2024
5.2.2 By Application - Global Instant Messaging System Revenue, 2025-2030
5.2.3 By Application - Global Instant Messaging System Revenue Market Share, 2019-2030
6 Sights by Region
6.1 By Region - Global Instant Messaging System Market Size, 2023 & 2030
6.2 By Region - Global Instant Messaging System Revenue & Forecasts
6.2.1 By Region - Global Instant Messaging System Revenue, 2019-2024
6.2.2 By Region - Global Instant Messaging System Revenue, 2025-2030
6.2.3 By Region - Global Instant Messaging System Revenue Market Share, 2019-2030
6.3 North America
6.3.1 By Country - North America Instant Messaging System Revenue, 2019-2030
6.3.2 US Instant Messaging System Market Size, 2019-2030
6.3.3 Canada Instant Messaging System Market Size, 2019-2030
6.3.4 Mexico Instant Messaging System Market Size, 2019-2030
6.4 Europe
6.4.1 By Country - Europe Instant Messaging System Revenue, 2019-2030
6.4.2 Germany Instant Messaging System Market Size, 2019-2030
6.4.3 France Instant Messaging System Market Size, 2019-2030
6.4.4 U.K. Instant Messaging System Market Size, 2019-2030
6.4.5 Italy Instant Messaging System Market Size, 2019-2030
6.4.6 Russia Instant Messaging System Market Size, 2019-2030
6.4.7 Nordic Countries Instant Messaging System Market Size, 2019-2030
6.4.8 Benelux Instant Messaging System Market Size, 2019-2030
6.5 Asia
6.5.1 By Region - Asia Instant Messaging System Revenue, 2019-2030
6.5.2 China Instant Messaging System Market Size, 2019-2030
6.5.3 Japan Instant Messaging System Market Size, 2019-2030
6.5.4 South Korea Instant Messaging System Market Size, 2019-2030
6.5.5 Southeast Asia Instant Messaging System Market Size, 2019-2030
6.5.6 India Instant Messaging System Market Size, 2019-2030
6.6 South America
6.6.1 By Country - South America Instant Messaging System Revenue, 2019-2030
6.6.2 Brazil Instant Messaging System Market Size, 2019-2030
6.6.3 Argentina Instant Messaging System Market Size, 2019-2030
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Instant Messaging System Revenue, 2019-2030
6.7.2 Turkey Instant Messaging System Market Size, 2019-2030
6.7.3 Israel Instant Messaging System Market Size, 2019-2030
6.7.4 Saudi Arabia Instant Messaging System Market Size, 2019-2030
6.7.5 UAE Instant Messaging System Market Size, 2019-2030
7 Instant Messaging System Companies Profiles
7.1 Facebook
7.1.1 Facebook Company Summary
7.1.2 Facebook Business Overview
7.1.3 Facebook Instant Messaging System Major Product Offerings
7.1.4 Facebook Instant Messaging System Revenue in Global Market (2019-2024)
7.1.5 Facebook Key News & Latest Developments
7.2 WhatsApp
7.2.1 WhatsApp Company Summary
7.2.2 WhatsApp Business Overview
7.2.3 WhatsApp Instant Messaging System Major Product Offerings
7.2.4 WhatsApp Instant Messaging System Revenue in Global Market (2019-2024)
7.2.5 WhatsApp Key News & Latest Developments
7.3 Google Hangouts
7.3.1 Google Hangouts Company Summary
7.3.2 Google Hangouts Business Overview
7.3.3 Google Hangouts Instant Messaging System Major Product Offerings
7.3.4 Google Hangouts Instant Messaging System Revenue in Global Market (2019-2024)
7.3.5 Google Hangouts Key News & Latest Developments
7.4 Microsoft Teams
7.4.1 Microsoft Teams Company Summary
7.4.2 Microsoft Teams Business Overview
7.4.3 Microsoft Teams Instant Messaging System Major Product Offerings
7.4.4 Microsoft Teams Instant Messaging System Revenue in Global Market (2019-2024)
7.4.5 Microsoft Teams Key News & Latest Developments
7.5 Tencent
7.5.1 Tencent Company Summary
7.5.2 Tencent Business Overview
7.5.3 Tencent Instant Messaging System Major Product Offerings
7.5.4 Tencent Instant Messaging System Revenue in Global Market (2019-2024)
7.5.5 Tencent Key News & Latest Developments
7.6 Flock
7.6.1 Flock Company Summary
7.6.2 Flock Business Overview
7.6.3 Flock Instant Messaging System Major Product Offerings
7.6.4 Flock Instant Messaging System Revenue in Global Market (2019-2024)
7.6.5 Flock Key News & Latest Developments
7.7 Line
7.7.1 Line Company Summary
7.7.2 Line Business Overview
7.7.3 Line Instant Messaging System Major Product Offerings
7.7.4 Line Instant Messaging System Revenue in Global Market (2019-2024)
7.7.5 Line Key News & Latest Developments
7.8 Viber
7.8.1 Viber Company Summary
7.8.2 Viber Business Overview
7.8.3 Viber Instant Messaging System Major Product Offerings
7.8.4 Viber Instant Messaging System Revenue in Global Market (2019-2024)
7.8.5 Viber Key News & Latest Developments
7.9 Telegram
7.9.1 Telegram Company Summary
7.9.2 Telegram Business Overview
7.9.3 Telegram Instant Messaging System Major Product Offerings
7.9.4 Telegram Instant Messaging System Revenue in Global Market (2019-2024)
7.9.5 Telegram Key News & Latest Developments
7.10 Linkedln
7.10.1 Linkedln Company Summary
7.10.2 Linkedln Business Overview
7.10.3 Linkedln Instant Messaging System Major Product Offerings
7.10.4 Linkedln Instant Messaging System Revenue in Global Market (2019-2024)
7.10.5 Linkedln Key News & Latest Developments
7.11 Dingtalk
7.11.1 Dingtalk Company Summary
7.11.2 Dingtalk Business Overview
7.11.3 Dingtalk Instant Messaging System Major Product Offerings
7.11.4 Dingtalk Instant Messaging System Revenue in Global Market (2019-2024)
7.11.5 Dingtalk Key News & Latest Developments
7.12 Feishu Technology
7.12.1 Feishu Technology Company Summary
7.12.2 Feishu Technology Business Overview
7.12.3 Feishu Technology Instant Messaging System Major Product Offerings
7.12.4 Feishu Technology Instant Messaging System Revenue in Global Market (2019-2024)
7.12.5 Feishu Technology Key News & Latest Developments
7.13 Hello Group
7.13.1 Hello Group Company Summary
7.13.2 Hello Group Business Overview
7.13.3 Hello Group Instant Messaging System Major Product Offerings
7.13.4 Hello Group Instant Messaging System Revenue in Global Market (2019-2024)
7.13.5 Hello Group Key News & Latest Developments
7.14 Free Gate Technology
7.14.1 Free Gate Technology Company Summary
7.14.2 Free Gate Technology Business Overview
7.14.3 Free Gate Technology Instant Messaging System Major Product Offerings
7.14.4 Free Gate Technology Instant Messaging System Revenue in Global Market (2019-2024)
7.14.5 Free Gate Technology Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Instant Messaging System Market Opportunities & Trends in Global Market
Table 2. Instant Messaging System Market Drivers in Global Market
Table 3. Instant Messaging System Market Restraints in Global Market
Table 4. Key Players of Instant Messaging System in Global Market
Table 5. Top Instant Messaging System Players in Global Market, Ranking by Revenue (2023)
Table 6. Global Instant Messaging System Revenue by Companies, (US$, Mn), 2019-2024
Table 7. Global Instant Messaging System Revenue Share by Companies, 2019-2024
Table 8. Global Companies Instant Messaging System Product Type
Table 9. List of Global Tier 1 Instant Messaging System Companies, Revenue (US$, Mn) in 2023 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Instant Messaging System Companies, Revenue (US$, Mn) in 2023 and Market Share
Table 11. By Type ? Global Instant Messaging System Revenue, (US$, Mn), 2023 & 2030
Table 12. By Type - Instant Messaging System Revenue in Global (US$, Mn), 2019-2024
Table 13. By Type - Instant Messaging System Revenue in Global (US$, Mn), 2025-2030
Table 14. By Application ? Global Instant Messaging System Revenue, (US$, Mn), 2023 & 2030
Table 15. By Application - Instant Messaging System Revenue in Global (US$, Mn), 2019-2024
Table 16. By Application - Instant Messaging System Revenue in Global (US$, Mn), 2025-2030
Table 17. By Region ? Global Instant Messaging System Revenue, (US$, Mn), 2023 & 2030
Table 18. By Region - Global Instant Messaging System Revenue (US$, Mn), 2019-2024
Table 19. By Region - Global Instant Messaging System Revenue (US$, Mn), 2025-2030
Table 20. By Country - North America Instant Messaging System Revenue, (US$, Mn), 2019-2024
Table 21. By Country - North America Instant Messaging System Revenue, (US$, Mn), 2025-2030
Table 22. By Country - Europe Instant Messaging System Revenue, (US$, Mn), 2019-2024
Table 23. By Country - Europe Instant Messaging System Revenue, (US$, Mn), 2025-2030
Table 24. By Region - Asia Instant Messaging System Revenue, (US$, Mn), 2019-2024
Table 25. By Region - Asia Instant Messaging System Revenue, (US$, Mn), 2025-2030
Table 26. By Country - South America Instant Messaging System Revenue, (US$, Mn), 2019-2024
Table 27. By Country - South America Instant Messaging System Revenue, (US$, Mn), 2025-2030
Table 28. By Country - Middle East & Africa Instant Messaging System Revenue, (US$, Mn), 2019-2024
Table 29. By Country - Middle East & Africa Instant Messaging System Revenue, (US$, Mn), 2025-2030
Table 30. Facebook Company Summary
Table 31. Facebook Instant Messaging System Product Offerings
Table 32. Facebook Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 33. Facebook Key News & Latest Developments
Table 34. WhatsApp Company Summary
Table 35. WhatsApp Instant Messaging System Product Offerings
Table 36. WhatsApp Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 37. WhatsApp Key News & Latest Developments
Table 38. Google Hangouts Company Summary
Table 39. Google Hangouts Instant Messaging System Product Offerings
Table 40. Google Hangouts Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 41. Google Hangouts Key News & Latest Developments
Table 42. Microsoft Teams Company Summary
Table 43. Microsoft Teams Instant Messaging System Product Offerings
Table 44. Microsoft Teams Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 45. Microsoft Teams Key News & Latest Developments
Table 46. Tencent Company Summary
Table 47. Tencent Instant Messaging System Product Offerings
Table 48. Tencent Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 49. Tencent Key News & Latest Developments
Table 50. Flock Company Summary
Table 51. Flock Instant Messaging System Product Offerings
Table 52. Flock Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 53. Flock Key News & Latest Developments
Table 54. Line Company Summary
Table 55. Line Instant Messaging System Product Offerings
Table 56. Line Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 57. Line Key News & Latest Developments
Table 58. Viber Company Summary
Table 59. Viber Instant Messaging System Product Offerings
Table 60. Viber Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 61. Viber Key News & Latest Developments
Table 62. Telegram Company Summary
Table 63. Telegram Instant Messaging System Product Offerings
Table 64. Telegram Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 65. Telegram Key News & Latest Developments
Table 66. Linkedln Company Summary
Table 67. Linkedln Instant Messaging System Product Offerings
Table 68. Linkedln Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 69. Linkedln Key News & Latest Developments
Table 70. Dingtalk Company Summary
Table 71. Dingtalk Instant Messaging System Product Offerings
Table 72. Dingtalk Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 73. Dingtalk Key News & Latest Developments
Table 74. Feishu Technology Company Summary
Table 75. Feishu Technology Instant Messaging System Product Offerings
Table 76. Feishu Technology Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 77. Feishu Technology Key News & Latest Developments
Table 78. Hello Group Company Summary
Table 79. Hello Group Instant Messaging System Product Offerings
Table 80. Hello Group Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 81. Hello Group Key News & Latest Developments
Table 82. Free Gate Technology Company Summary
Table 83. Free Gate Technology Instant Messaging System Product Offerings
Table 84. Free Gate Technology Instant Messaging System Revenue (US$, Mn) & (2019-2024)
Table 85. Free Gate Technology Key News & Latest Developments
List of Figures
Figure 1. Instant Messaging System Segment by Type in 2023
Figure 2. Instant Messaging System Segment by Application in 2023
Figure 3. Global Instant Messaging System Market Overview: 2023
Figure 4. Key Caveats
Figure 5. Global Instant Messaging System Market Size: 2023 VS 2030 (US$, Mn)
Figure 6. Global Instant Messaging System Revenue, 2019-2030 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Instant Messaging System Revenue in 2023
Figure 8. By Type - Global Instant Messaging System Revenue Market Share, 2019-2030
Figure 9. By Application - Global Instant Messaging System Revenue Market Share, 2019-2030
Figure 10. By Type - Global Instant Messaging System Revenue, (US$, Mn), 2023 & 2030
Figure 11. By Type - Global Instant Messaging System Revenue Market Share, 2019-2030
Figure 12. By Application - Global Instant Messaging System Revenue, (US$, Mn), 2023 & 2030
Figure 13. By Application - Global Instant Messaging System Revenue Market Share, 2019-2030
Figure 14. By Region - Global Instant Messaging System Revenue Market Share, 2019-2030
Figure 15. By Country - North America Instant Messaging System Revenue Market Share, 2019-2030
Figure 16. US Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 17. Canada Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 18. Mexico Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 19. By Country - Europe Instant Messaging System Revenue Market Share, 2019-2030
Figure 20. Germany Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 21. France Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 22. U.K. Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 23. Italy Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 24. Russia Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 25. Nordic Countries Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 26. Benelux Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 27. By Region - Asia Instant Messaging System Revenue Market Share, 2019-2030
Figure 28. China Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 29. Japan Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 30. South Korea Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 31. Southeast Asia Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 32. India Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 33. By Country - South America Instant Messaging System Revenue Market Share, 2019-2030
Figure 34. Brazil Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 35. Argentina Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 36. By Country - Middle East & Africa Instant Messaging System Revenue Market Share, 2019-2030
Figure 37. Turkey Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 38. Israel Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 39. Saudi Arabia Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 40. UAE Instant Messaging System Revenue, (US$, Mn), 2019-2030
Figure 41. Facebook Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 42. WhatsApp Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 43. Google Hangouts Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 44. Microsoft Teams Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 45. Tencent Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 46. Flock Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 47. Line Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 48. Viber Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 49. Telegram Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 50. Linkedln Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 51. Dingtalk Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 52. Feishu Technology Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 53. Hello Group Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 54. Free Gate Technology Instant Messaging System Revenue Year Over Year Growth (US$, Mn) & (2019-2024)