Users Growth Progress:
In April, Instagram announced the news of 700 million active monthly user milestone. Within only four months the number grew further and reached the 600 million mark. Despite of the fact there are a lot of other social apps, the popularity of the Instagram isn’t fading anyways. The number of active users is growing at a rapid pace and is on the way to potentially catch up Facebook, which is its parent network.
It has also been revealed that the number of advertisers on this platform has grown from 1 million to 2 million now. In March, Instagram app had about 1 million advertisers.
Apart from that the time spent by users on the app has also increased by 80 percent within a year. The users are producing more videos and spending more and more time on such activities. The production has also increased four times on a daily basis, as compared to last year’s analytics.