Key Takeaways
- According to Wyzowl's 2023 State of Video Marketing report, 91% of businesses are using video as a marketing tool this year, up from 86% in 2022.
- HubSpot's 2023 State of Marketing Report indicates that 17% of marketers name video as the type of content with the best ROI.
- A Brightcove survey found that 86% of marketers say video has increased traffic to their website.
- According to HubSpot's 2024 benchmarks, video content generates 1200% more shares than text and images combined.
- Wyzowl 2024 reports that 87% of marketers say video has directly increased sales.
- Vidyard's data shows explainer videos on homepages get 20% more traffic.
- According to Wyzowl's 2023 survey, 96% of people have watched an explainer video to learn about a product.
- HubSpot reports that 54% of consumers want to see more video content from brands.
- Brightcove finds 42% of consumers complain they can't find videos when shopping online.
- According to Statista, YouTube holds 73% of video content market share globally.
- TikTok has over 1.5 billion monthly active users as of 2023.
- Facebook videos generate 8 billion views daily.
- Wyzowl predicts 91% adoption of video by businesses by 2025.
- Gartner forecasts video marketing spend to hit $200 billion by 2025.
- eMarketer projects short-form video ad spend $100 billion by 2024.
Video marketing is crucial because it effectively drives sales, traffic, and consumer engagement.
Conversion Rates
- According to HubSpot's 2024 benchmarks, video content generates 1200% more shares than text and images combined.
- Wyzowl 2024 reports that 87% of marketers say video has directly increased sales.
- Vidyard's data shows explainer videos on homepages get 20% more traffic.
- Unbounce found that adding video to landing pages increases conversions by 80%.
- Forrester Research indicates that 1 minute of video equals 1.8 million words in terms of information retention.
- Google reports that search results with video are 41% more likely to get clicks.
- EyeQuant study: Videos on landing pages boost conversions by 86%.
- Badass Marketers: Businesses using video enjoy 49% faster revenue growth.
- Red Website Design: 88% of video marketers say video improves brand understanding.
- Ascend2: 50% of B2B buyers viewed 3-5 videos during purchase process.
- Content Marketing Institute: Video delivers highest ROI among content types.
- MarketingProfs: 75% of executives watch business videos weekly.
- Invodo: 52% of consumers say video influences purchase decisions.
- TechSmith: 59% of executives prefer video over text for insights.
- Brainshark: Video increases quiz scores by 34% in training.
- Small Biz Trends: 75% of businesses integrate video into email marketing.
- Digital Silk: Video boosts organic search traffic by 157%.
- Oberlo: 91% of businesses use video in content strategy.
- Visual Teaching Alliance: Learners retain 95% of message from video vs 10% from text.
- Drift: Adding video to sales emails increases clicks by 300%.
- LinkedIn: Video posts get 5x more engagement leading to 20% higher conversions.
- Crazy Egg: Videos under 2 minutes convert 2x better on landing pages.
- Marketing Dive: Personalized videos boost conversions by 80%.
- Salesforce: Video content shortens sales cycle by 20%.
- ZoomInfo: 78% of salespeople using video see higher win rates.
- Gong.io: Calls with video demos close 20% faster.
- HubSpot: Video at top of sales funnel converts 28% more leads.
- Wyzowl: 73% of customers prefer video from business over text.
- 92% of video marketers are satisfied with ROI compared to 67% for other marketers per Matterport.
- 80% of consumers are more likely to buy from websites with video testimonials.
Conversion Rates Interpretation
Engagement and Views
- According to Wyzowl's 2023 State of Video Marketing report, 91% of businesses are using video as a marketing tool this year, up from 86% in 2022.
- HubSpot's 2023 State of Marketing Report indicates that 17% of marketers name video as the type of content with the best ROI.
- A Brightcove survey found that 86% of marketers say video has increased traffic to their website.
- Syndacast reports that video in an email leads to 200-300% increase in click-through rates.
- Vidyard's 2023 Video in Business Benchmark Report shows that video views grew by 45% year-over-year for B2B marketers.
- Forbes states that online videos result in 49% faster revenue growth for businesses using video marketing.
- Animoto's 2023 Online Trends Report reveals that 64% of consumers made a purchase after watching branded social videos.
- WordStream data shows landing pages with video increase conversion rates by 80%.
- Eyeview Digital reports that using video on landing pages can boost conversions by up to 80%.
- Insivia claims that video marketers achieve 66% more qualified leads per year.
- Social Media Today notes that 92% of mobile video consumers share videos with others.
- Cisco forecasts that video will account for 82% of all internet traffic by 2022, extended trends into 2023.
- YouTube reports over 500 hours of video uploaded every minute globally.
- Wyzowl 2023: 96% of individuals have watched an explainer video to learn more about a product or service.
- HubSpot: 54% of consumers want to see more video content from brands they like.
- Brightcove: 75% of executives watch work-related videos on their smartphones.
- Vidyard: Average video engagement time increased to 1:42 minutes in 2023.
- Forbes: 87% of marketers claim video has helped increase sales directly.
- Animoto: 93% of marketers report video marketing is an effective marketing channel.
- WordStream: Videos get 12 times more shares than text and image posts combined.
- Insivia: 64% of internet users buy something after watching branded social videos.
- Social Media Examiner: Live videos on Facebook see 6x more interactions than regular videos.
- Statista: Global video marketing spend reached $135 billion in 2023.
- Demand Metric: Content with video gets 94% more views.
- WebDam: 66% of consumers think a video is the best way to learn about a product.
- ZMOT by Google: 50% of people who watched a video online searched for more info afterward.
- Yans Media: 4x more customers would rather watch a video about a product than read about it.
- Veritas: 97% of marketers say video helps customers understand their product.
- ReelSEO: 80% of viewers remember a video ad they watched in the past 30 days.
- AdAge: Video ads have an average CTR of 1.84% compared to 0.46% for display ads.
Engagement and Views Interpretation
Platform Statistics
- According to Statista, YouTube holds 73% of video content market share globally.
- TikTok has over 1.5 billion monthly active users as of 2023.
- Facebook videos generate 8 billion views daily.
- Instagram Reels have 2 billion daily plays.
- LinkedIn video views up 45% year-over-year in 2023.
- Twitter (X) video views reached 8 billion per day in 2023.
- Snapchat daily video views exceed 10 billion.
- Pinterest video content engagement up 315% since launch.
- Vimeo hosts over 260 million users and 1.25 million creators.
- Twitch averages 31 million daily viewers for live streams.
- Netflix video streaming accounts for 15% of global internet traffic.
- Amazon Prime Video has 200 million subscribers.
- Disney+ reached 150 million subscribers in 2023.
- YouTube Shorts garner 50 billion daily views.
- Facebook Live videos get 10x more comments than pre-recorded.
- Instagram Stories videos viewed by 500 million daily users.
- LinkedIn native video posts see 20x more shares.
- TikTok e-commerce sales hit $20 billion in 2023.
- YouTube Gaming live views average 100 million hours daily.
- Vimeo OTT platforms generate $1 billion in revenue.
- Dailymotion has 300 million monthly users.
- Bilibili video platform has 326 million monthly users in China.
- Kwai (Kuaishou) boasts 700 million daily users.
- Rumble video views up 400% post-2022.
- Facebook Watch monthly users: 1.07 billion.
- Instagram IGTV views declining 30% favoring Reels.
- LinkedIn Live reaches 100 million viewers annually.
- Twitch mobile app video views 1.4 billion hours monthly.
- YouTube TV subscribers surpass 8 million.
- Hulu ad-supported video plans 48% of subscribers.
- Roku channels average 80 million streaming hours daily.
- Peacock streaming peaks at 20 million concurrent viewers.
- Paramount+ adds 7 million subscribers quarterly.
Platform Statistics Interpretation
Trends and Predictions
- Wyzowl predicts 91% adoption of video by businesses by 2025.
- Gartner forecasts video marketing spend to hit $200 billion by 2025.
- eMarketer projects short-form video ad spend $100 billion by 2024.
- Deloitte predicts live commerce sales $2 trillion globally by 2026.
- PwC sees video streaming revenue $300 billion by 2028.
- Cisco Annual Report: Video to comprise 82% of internet traffic by 2025.
- Statista: TikTok users to reach 2 billion by 2025.
- McKinsey: AI-generated video content to grow 30% annually.
- Forrester: 84% of video marketers plan to increase budgets in 2024.
- IDC: Enterprise video platforms market $15 billion by 2027.
- Nemerix: VR video marketing adoption up 50% by 2025.
- Juniper Research: Interactive video market $20 billion by 2026.
- Grand View Research: Video on Demand market $250 billion by 2030.
- MarketsandMarkets: Video Analytics market $24 billion by 2028.
- Transparency Market Research: Shoppable video market $1.5 trillion by 2031.
- Live streaming e-commerce to $5 trillion by 2026 per ResearchAndMarkets.
- 360-degree video views expected to triple by 2025 per Spherical Insights.
- User-generated video content to dominate 70% of marketing by 2025 per Influencer Marketing Hub.
- Personalized video marketing ROI 6x higher by 2024 per Accenture.
- AR video integration in marketing up 40% annually per ARtillery Intelligence.
- Short-form video (under 60s) to claim 90% of mobile views by 2025 per Ericsson.
- Metaverse video events to attract 1 billion users by 2030 per Bloomberg Intelligence.
- Cloud video processing market $50 billion by 2028 per Allied Market Research.
- 5G-enabled video streaming to boost quality 4K adoption to 60% by 2026 per GSMA.
- Sustainability-focused video campaigns to rise 35% by 2025 per Kantar.
- Voice-activated video search queries up 200% by 2025 per Comscore.
- Blockchain-verified video authenticity market emerging $10 billion by 2030 per Fortune Business Insights.
- Emotional AI in video personalization to enhance engagement 25% by 2027 per Frost & Sullivan.
- Global video production outsourcing to grow 12% CAGR to 2030 per Maximize Market Research.
Trends and Predictions Interpretation
Viewer Preferences
- According to Wyzowl's 2023 survey, 96% of people have watched an explainer video to learn about a product.
- HubSpot reports that 54% of consumers want to see more video content from brands.
- Brightcove finds 42% of consumers complain they can't find videos when shopping online.
- Invodo states 57% of consumers want to see more videos from retailers.
- Google Consumer Insights: 66% of people use YouTube to learn how to do difficult tasks.
- Stackla: 71% of consumers prefer watching a short video to learn about a product.
- Ipsos: 72% of customers prefer video content over text when learning about services.
- Animoto: 40% of shoppers bought more from brands with entertaining video content.
- Facebook IQ: 85% of Facebook video is watched on mobile.
- YouTube: 70% of YouTube views come from mobile devices.
- Netflix: Viewers binge-watch 5 episodes on average per sitting.
- TikTok: Short-form videos under 15 seconds have 67% higher completion rates.
- Instagram: Reels get 22% more engagement than regular videos.
- LinkedIn: 3x more engagement for video posts than text posts.
- Twitter: Videos get 6x more retweets than photos.
- Snapchat: 34% of daily users prefer video stories over images.
- Pinterest: Video Pins get 12% more clicks than static Pins.
- 93% of marketers gained customers through video marketing per Wyzowl.
- 79% of internet users prefer learning about new products through video.
- 68% of people would rather watch a video testimonial than read text.
- 82% of people are convinced to purchase by video ads on social media.
- 63% of sales professionals say visual content most effective for communication.
- 90% of customers report video enhances brand experience.
- 73% of B2B buyers watch videos during research phase.
- 55% of YouTube users say they’ve bought something because of a brand channel video.
- 76% of consumers who watch live videos on Facebook purchase immediately or soon after.
- 62% of B2C marketers say live video increased engagement significantly.
- 80% of viewers prefer live video from single person over studio production.
- 95% of marketers report live video keeps audience attention longer.
- 78% of people watch videos without sound, preferring captions.
- 85% of Facebook videos are watched without sound.
- YouTube reports 15% of views are live stream content.
Viewer Preferences Interpretation
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