Key Takeaways
- In 2023, global video streaming accounted for 82.5% of all internet traffic, surpassing 73% in 2022 according to Sandvine's Global Internet Phenomena Report.
- Average daily video consumption per internet user worldwide reached 17 hours in 2023, up 5% from 2022 per eMarketer data.
- By 2025, video is projected to comprise 82% of global internet traffic per Cisco's Visual Networking Index.
- YouTube holds 37% market share of global video platform usage in 2023 with 2.7 billion monthly active users.
- TikTok video views reached 1 billion per day across 150 countries in 2023 per ByteDance reports.
- Netflix streamed 257 million hours of content daily in Q4 2023 per investor filings.
- 18-24 year olds consume 3.5 hours of video daily, 40% more than average adults per Pew Research.
- Women aged 25-34 watch 28% more long-form videos than men in the same group per GlobalWebIndex.
- Gen Z (born 1997-2012) spends 54% of media time on video platforms per Nielsen.
- 55% of Gen Z prefer user-generated videos over professional content per Deloitte.
- Educational videos account for 22% of total watch time among 18-34s per YouTube Trends.
- Comedy sketches dominate with 35% share of short-form video views per Tubular Labs.
- Global video streaming market valued at $99.3 billion in 2023, projected to $303 billion by 2030 per Grand View Research.
- Video advertising spend reached $180 billion globally in 2023 per IAB.
- OTT revenue grew 12.5% to $150 billion in 2023 per PwC Global Entertainment Report.
Video consumption continues to grow dramatically worldwide across every platform and demographic.
Content Preferences
- 55% of Gen Z prefer user-generated videos over professional content per Deloitte.
- Educational videos account for 22% of total watch time among 18-34s per YouTube Trends.
- Comedy sketches dominate with 35% share of short-form video views per Tubular Labs.
- 68% of users prefer vertical video format for mobile consumption per Facebook IQ.
- True crime documentaries saw 40% viewership spike in 2023 per Parrot Analytics.
- Gaming live streams preferred by 45% of viewers over VOD per Twitch Analytics.
- ASMR videos accumulated 1.5 trillion views lifetime by 2023 per YouTube.
- 72% favor ad-free premium content over free with ads per Hub Entertainment.
- Sports highlights clips make up 28% of social video engagement per Sportradar.
- Cooking tutorials viewed 2.5x more during weekends per Allrecipes data.
- Horror genre video demand peaks 60% in October annually per Reelgood.
- 80% of binge-watchers prefer series over movies per Netflix research.
- DIY home improvement videos surged 55% post-pandemic per Houzz.
- Motivational speeches account for 15% of peak morning video plays per Insight Trends.
- 65% prefer subtitled content for non-native languages per Netflix.
- Pet videos generate highest share rates at 12% per Socialinsider.
- Financial advice videos watched 3x more by 25-34s per Investopedia.
- Travel vlogs preferred 70% over static images by millennials per TripAdvisor.
- Unboxing videos drive 25% of product discovery views per Shopify.
- Meditation videos average 12-minute sessions, longest non-entertainment per Calm.
- Reality TV clips shared 40% more than scripted drama per Shareablee.
Content Preferences Interpretation
Demographic Breakdown
- 18-24 year olds consume 3.5 hours of video daily, 40% more than average adults per Pew Research.
- Women aged 25-34 watch 28% more long-form videos than men in the same group per GlobalWebIndex.
- Gen Z (born 1997-2012) spends 54% of media time on video platforms per Nielsen.
- Users over 55 years old increased video streaming by 35% to 2 hours daily in 2023 per AARP.
- Urban millennials watch 62% of videos on mobile vs 45% for rural peers per Kantar.
- Hispanic Americans consume 25% more video content than non-Hispanic whites per Nielsen.
- Students aged 18-22 average 4.2 hours daily video during weekdays per Common Sense Media.
- Parents with children under 12 watch 30% less video alone per IPG Mediabrands.
- Low-income households (under $30k) spend 1.8 hours less on premium video than high-income per Deloitte.
- LGBTQ+ users engage 22% more with video content per GLAAD Media Institute.
- Gamers aged 13-17 watch 3.8 hours of gaming videos weekly per Newzoo.
- Single adults 30-44 consume 45% more solo video than married counterparts per Statista.
- African American youth watch 50% more music videos daily per BET Networks.
- Remote workers average 2.5 hours extra video during work hours per Owl Labs.
- College graduates watch 1.2 hours more educational videos weekly per Coursera.
- Baby boomers (55-73) prefer 72% live TV video over streaming per FCC.
- Asian Americans stream 33% more foreign-language videos per Nielsen.
- Teens 13-17 discover 85% of music via short video platforms per MIDiA.
- Fitness enthusiasts 25-34 watch 2 hours weekly workout videos per Les Mills.
- Empty nesters (55+) increased video by 28% post-retirement per Merrill Lynch.
Demographic Breakdown Interpretation
Future Projections
- By 2028, video will consume 85% of mobile data traffic per Ericsson Mobility Report.
- Short-form video market to reach $250 billion by 2030 per Grand View Research.
- Metaverse video experiences projected 500 million users by 2026 per Bloomberg Intelligence.
- AI-generated video content to comprise 30% of streams by 2027 per Gartner.
- 6G networks to enable holographic video for 1 billion users by 2030 per Qualcomm.
- Interactive shoppable video sales to hit $1.5 trillion globally by 2028 per McKinsey.
- Global video conference usage to double to 10 trillion minutes annually by 2027 per Zoom.
- Edge computing to reduce video latency 70% by 2026 per ABI Research.
- User-generated AI video to grow 400% by 2027 per Forrester.
- 90% of B2B marketing to be video-based by 2025 per HubSpot.
- Live commerce video sales projected $3 trillion in China alone by 2026 per iResearch.
- Quantum video encoding to cut bandwidth 50% by 2030 per IBM Research.
- Social video platforms to capture 60% of ad spend by 2028 per eMarketer.
- Personalized video recommendations to boost engagement 50% by 2027 per Netflix.
- Global 8K video adoption to reach 20% of streams by 2030 per Display Supply Chain.
- Blockchain-verified video content market $20B by 2028 per Deloitte.
- Ambient computing video interfaces for 2 billion devices by 2030 per IDC.
- Voice-controlled video discovery to dominate 40% searches by 2026 per Voicebot.ai.
- Sustainable video streaming to reduce carbon footprint 25% by 2030 per Green Media.
Future Projections Interpretation
Industry Impact
- Global video streaming market valued at $99.3 billion in 2023, projected to $303 billion by 2030 per Grand View Research.
- Video advertising spend reached $180 billion globally in 2023 per IAB.
- OTT revenue grew 12.5% to $150 billion in 2023 per PwC Global Entertainment Report.
- 500,000 content creators earned over $100k from video monetization in 2023 per Influencer Marketing Hub.
- Video production jobs increased 18% to 2.1 million globally in 2023 per BLS.
- CTV ad market hit $30 billion in U.S. 2023 per eMarketer.
- Subscription fatigue led to 1.2 million U.S. cancellations monthly average in 2023 per Antenna.
- Video tech investments totaled $15 billion in startups 2023 per CB Insights.
- Piracy cost industry $29.2 billion in U.S. video revenue loss 2023 per MPAA.
- FAST channels grew to 1,000+ globally serving 200 million users in 2023 per Amagi.
- Video analytics tools market expanded 25% to $12 billion in 2023 per MarketsandMarkets.
- 70% of video revenue from top 10% creators in 2023 per Oxford Economics.
- Streaming wars consolidation saved $5 billion in content costs 2023 per KPMG.
- Video CDN market revenue $18.5 billion in 2023 per IDC.
- Influencer video marketing ROI averaged 5.2x in 2023 per Traackr.
- Esports video viewership generated $1.8 billion sponsorships 2023 per Newzoo.
- Video personalization tech boosted retention 30%, adding $10B value 2023 per McKinsey.
- Global video compression patents filed 4,200 in 2023 per IFPI.
- Ad-blocker usage cost video ads $48 billion loss globally 2023 per PageFair.
- VR/AR video market projected $52 billion by 2027 from $4.9B base 2023 per Fortune Business Insights.
- Video as a service (VaaS) platforms served 60% of enterprises, revenue $8B 2023 per Gartner.
Industry Impact Interpretation
Overall Consumption Metrics
- In 2023, global video streaming accounted for 82.5% of all internet traffic, surpassing 73% in 2022 according to Sandvine's Global Internet Phenomena Report.
- Average daily video consumption per internet user worldwide reached 17 hours in 2023, up 5% from 2022 per eMarketer data.
- By 2025, video is projected to comprise 82% of global internet traffic per Cisco's Visual Networking Index.
- In Q4 2023, U.S. adults spent 4 hours 12 minutes daily on video streaming apps, per Nielsen's Total Audience Report.
- Global online video views hit 47 billion per day in 2023, according to Brightcove's State of Video Report.
- Video consumption on mobile devices grew 25% YoY in 2023, reaching 58% of total video views per AppsFlyer.
- In 2023, 91% of global internet users watched online videos weekly, up from 89% in 2022 per Statista.
- Average video session length worldwide increased to 8.5 minutes in 2023 from 7.9 minutes in 2022, per VidIQ.
- Live video streaming accounted for 12% of total video consumption hours in 2023 globally, per Streamlabs.
- Short-form video consumption surged 35% in 2023, making up 40% of mobile video time per Sensor Tower.
- In 2023, connected TV (CTV) video viewing reached 3.2 hours per day per U.S. household, per Nielsen.
- Global video ad views totaled 1.2 trillion in 2023, up 18% YoY per IAB Video Ad Viewability Report.
- Video consumption in emerging markets grew 28% in 2023, led by India and Brazil per DataReportal.
- 70% of global video traffic in 2023 was delivered via CDNs, per Akamai State of the Internet.
- Daily video watch time on OTT platforms hit 8.5 billion hours in 2023 per Parrot Analytics.
- Video buffering incidents dropped 15% in 2023 due to better networks, per Conviva State of Streaming.
- In 2023, 85% of video consumption occurred on Wi-Fi networks globally per Allot.
- Global video file sizes averaged 12MB per stream in 2023, up 20% YoY per Limelight Networks.
- User-generated video views grew 22% to 15 billion daily in 2023 per Tubular Labs.
- 4K video consumption tripled to 18% of total streams in 2023 per Mux.
- Video engagement rate averaged 45% globally in 2023, per Wistia Research.
- Peak video traffic hours saw 2.1 Tbps globally in 2023 per Kentik.
- Ad-supported video tiers drove 25% more consumption in 2023 per Antenna.
- Global video piracy streams hit 190 billion in 2023 per MUSO.
- Video consumption during evenings peaked at 65% of daily total in 2023 per Similarweb.
- 360-degree video views grew 40% to 5% of VR consumption in 2023 per Jaunt.
- Interactive video completion rates reached 62% in 2023 per Eko.
- Global video metadata usage increased 30% for recommendations in 2023 per Gracenote.
- Video startup time averaged 2.3 seconds globally in 2023 per Cloudflare.
- 55% of video sessions ended in under 1 minute in 2023 per Adobe Analytics.
Overall Consumption Metrics Interpretation
Platform Usage
- YouTube holds 37% market share of global video platform usage in 2023 with 2.7 billion monthly active users.
- TikTok video views reached 1 billion per day across 150 countries in 2023 per ByteDance reports.
- Netflix streamed 257 million hours of content daily in Q4 2023 per investor filings.
- Instagram Reels accounted for 50% of time spent on Instagram videos in 2023 per Meta.
- Disney+ had 150 million subscribers watching 1.5 billion hours weekly in 2023 per earnings call.
- Twitch live streams averaged 31 million hours watched daily in 2023 per Stream Hatchet.
- Facebook Watch videos garnered 8 billion views daily in 2023 per Meta transparency report.
- Snapchat Spotlight short videos saw 250 million daily views in 2023 per Snap Inc.
- Amazon Prime Video had 200 million subscribers with 4 hours average weekly viewing in 2023.
- Vimeo Pro users uploaded 350 million videos totaling 15 petabytes in 2023 per annual report.
- LinkedIn video views grew 45% to 3.5 billion daily professional views in 2023 per LinkedIn.
- Dailymotion hosted 300 million monthly video views in 2023 per Vivendi reports.
- Bilibili anime videos averaged 1.2 billion daily plays in China 2023 per company filings.
- Roku Channel free ad-supported videos reached 80 million monthly streams in 2023.
- HBO Max (Max) saw 95 million subscribers streaming 2 billion hours monthly in 2023.
- Pinterest video Pins generated 450 million monthly views in 2023 per Pinterest business.
- Kwai (Kuaishou) short videos hit 30 billion daily plays globally in 2023.
- Peacock streamed 28 million subscribers with NFL driving 50% viewership in 2023.
- Rumble video platform grew to 80 million monthly active users in 2023.
- TED app videos accumulated 2.5 billion lifetime views by end of 2023.
- Crunchyroll anime subscribers watched 15 billion hours in 2023 per Sony.
- X (Twitter) video views reached 8 billion daily in 2023 per platform metrics.
- Vimeo OTT platforms delivered 1 billion hours of subscription video in 2023.
- Paramount+ hit 60 million subscribers with 2.7 billion hours quarterly in 2023.
Platform Usage Interpretation
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