Since we first covered its launch back in October 2010, Instagram has become one of the fastest growing photo-sharing companies and iPhone apps. This week founder Kevin Systrom announced that they now have 4.25 million registered users, and that users are posting 10 photos every second, or around 900,000 photos per day. Not bad for a seven month old service, eh?
(via TechCrunch via Small Aperture)
P.S. Just for comparison’s sake, after 5 years Twitter has over 200 million members that post about 2,000 Tweets per second.
Nikon’s new president Makoto Kimura believes that the explosive growth of the digital camera market is ending, and that the market is near its saturation point.
Kimura was previously the head of Nikon’s imaging business and instrumental in leading the company from its film photography business to the new world of digital.
At a news conference in Tokyo today, Kimura stated,
Nikon’s imaging business has been expanding quite steadily over the past 10 years. ‘But can it enjoy the same stable growth for the next 10 years? The answer is no,’ Growth for existing digital camera products will inevitably slow and they are set to move into a phase of saturation. I intend to keep dialogue open for everyone to decide what we should do to achieve further growth despite this trend.
Digital photography exploded between 2000 and 2010, with compact cameras being widely adopted and DSLRs becoming more and more accessible to ordinary consumers. Kimura believes that camera companies will now need to look for new directions to grow besides introducing digital cameras to new users.
What do you think will characterize this next decade in digital photography?