Nearly 60 percent of major brands are using Instagram: report

That marks an increase from three months ago.

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Simply Measured this week released one of the most comprehensive Instagram brand adoption studies to date, and shared the results on SlideShare. While the study only measures Instagram use among the Interbrand Top 100 Brands in the world, the results show that the platform is gaining in brand followers and engagement.

Nearly 60 percent of brands had an Instagram account as of Feb. 1, compared with 54 percent on Nov. 1 of last year. The percentage of accounts that are active jumped from 49 percent a few months ago to 55 percent this month.

The top brands in terms of followers on Instagram are:

1. MTV — 1.14 million
2. Starbucks — 1.1 million
3. Nike — 880,000
4. Burberry — 660,000
5. Tiffany & Co. — 364,000

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