Although it can’t be compared with Facebook, Instagram has also grown significantly and has reached a milestone of 40 million images per day that are published on their site, which amounts in 2 photos per day per user. Facebook does not have to be afraid of competition "from their own backyard", because during every day we have 300 million new pictures on biggest social network.
[Ed – It is also important to remember that Facebook owns Instagram so there is no real competition between the two companies. Instead we expect that at some point Instagram will be absorbed into Facebook and become another service that Facebook offers. At least that is what will happen if Facebook cannot get their own Instagram-like photo service off the ground. If that happens it is very possible that Instagram will simply disappear.]
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