PYMNTS Daily Data Dive: Instagram’s Milestone Marks

Instagram number of users

Instagram just hit another major milestone this week and Facebook was quick to share just how much Instagram is contributing to its portfolio.

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    Four years after being acquired by Facebook for $1 billion, Instagram is predicted to contribute $3.2 billion to Facebook’s annual revenue this year, according to Credit Suisse. According to eMarketer, this growth could make for up to 15 percent of Facebook’s U.S. earnings this year and 8 percent of its global revenue.

    As for its recent milestone numbers, our Daily Data Dive 5-in-1 provides a few of Instagram’s key data points.

    500 Million+ | The number of Instagram users

    300 Million | The number of Instagram users who log in daily

    100 Million+ | The number of Instagram users added per month

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    200,000 | The number of advertisers that pay for Instagram ad slots

    80 Percent | The percentage of Instagram users who are outside the U.S.