Can Vine survive Instagram Video?

In case you missed it, Instagram recently announced that they now support video, which is pretty big news, considering their 130 million active users each month now have this new functionality built in.

Of course, isn’t the only video application, as Vine – a product of Twitter – is the hot property in mobile video, with 13 million iPhone users. (An Android was recently added.)

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So, what’s the difference between the two services? TechCrunch provides a terrific overview and comparison chart of the two services, but in essence, Instagram includes video filters, a longer recording time, and the option of using video stabilization. Vine, however, is without the bells and whistles, and has a 6.5 second recording time, which is long enough to make any video seem compelling – or at least not boring.

Can the two coexist? It might be too early to tell, but in an interview with PC World, Zachary Reiss-Davis made a prediction:

“There’s a lot of room for both Vine and Instagram video, at least in the short term,” said Zachary Reiss-Davis, an analyst with Forrester Research.

“This might be a case where the site that creates the best content wins, and the major social platform providers are all of a sudden becoming content providers,” he said.

What do you think? Is there room for both? Are the differences between the two services significant enough to satisfy different user bases? Share your comments and let me know what you think.

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