Video Marketing Statistics: Insights for 2023 and Trends for 2024

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By – Anmol Pawate

 25th October 2023 | 8 Mins Read

100+ Statistics On The Use Of Video In Marketing

Explore the latest statistics and trends in the video marketing world, shedding light on how online video content, social media videos, and various types of videos are influencing the business landscape.

Video Engagement

  1. Optimal Video Length: Videos lasting 15 seconds or less are shared 37% more frequently than those ranging from 30 seconds to one minute. (Source: Wistia)
  2. Maximizing Viewer Engagement: Video content retains 95% of the audience’s attention, while text only retains 10%. (Source: Wirebuzz)
  3. Video Testimonials’ Conversion Boost: Incorporating video testimonials on websites leads to a significant 68% increase in conversion rates. (Source: ReelSEO)
  4. Explainer Videos for Conversion: Websites featuring explainer videos have an 80% higher chance of converting visitors into customers. (Source: Wyzowl)
  5. Silent Viewing Prevalence: An astounding 85% of videos on Facebook are watched without sound. (Source: Digiday)
  6. Video A/B Testing for Conversion: A/B testing videos can result in a remarkable 49% boost in conversion rates. (Source: Wistia)
  7. Efficient Customer Support with Video FAQs: Websites offering video FAQs witness a significant 42% reduction in customer support calls. (Source: Insivia)
  8. Webinar Registration Enhancement: Webinars enriched with video content experience a substantial 55% increase in registration rates. (Source: Content Marketing Institute)
  9. Engagement-Enhancing 360-degree Videos: 360-degree videos increase viewer engagement by 41% compared to standard videos. (Source: Magnifyre)
  10. Video Retargeting for Click-through: Video retargeting strategies can lead to a significant 50% increase in click-through rates. (Source: AdRoll)

Video Platform Statistics As Of 2023

YouTube - 2.7 Billion Active Users As Of 2023
DailyMotion - 300 Million Active Users As Of 2023
Vimeo - 173 Million Active Users As Of 2023
Vidyard - 12 Millions Active Users As Of 2023

Video Marketing Impact

  1. Interactive Videos: Interactive video content boasts a conversion rate of 11%, a substantial improvement compared to traditional video formats. (Source: Martech Advisor)
  2. Stirring Emotions: Videos that elicit powerful emotions can lead to a 20% surge in audience engagement. (Source: Content Marketing Institute)
  3. 360-Degree Video Test Drives: Employing 360-degree video test drives can result in a remarkable 37% upswing in dealership foot traffic. (Source: Google)
  4. Virtual Product Tours: Incorporating video into virtual product tours has been shown to trigger a 40% boost in product purchases. (Per the CMO Council)
  5. Shoppable Video Experiences: Integrating shoppable features into videos can result in a notable 30% increase in sales. (Based on research conducted by Gartner)
  6. Video Case Studies: Employing video case studies has the potential to elevate conversion rates by a remarkable 80%. (Source: EyeView Digital)
  7. Video Employee Profiles: Sharing video profiles of team members can enhance company trust and credibility by a substantial 68%. (Source: Forrester)
  8. Behind-the-Scenes Video: Behind-the-scenes video content has been shown to generate 29% more engagement on social media platforms. (According to statistics shared by HubSpot)
  9. Video for Micro-Moments: A staggering 90% of smartphone users express a greater inclination to purchase from companies that employ video content. (Source: Google)

Top Streaming Services by Subscribers

Top 10 Streaming-Subscriber

Source flixpatrol

Mobile and Social Media

  1. Mobile Video Usage: Over 75% of video plays are on mobile devices. (eMarketer)
  2. LinkedIn Video: LinkedIn video posts generate five times the engagement of image or text posts. (LinkedIn)
  3. Video Shareability: Social videos generate 1,200% more shares than text and images combined. (SmallBizTrends)
  4. User-Generated Content: Brands using user-generated content in their video marketing see a 50% lift in engagement. (AdWeek)
  5. Video Influencers: Over 60% of marketers use video in their influencer marketing campaigns. (Social Media Today)
  6. Video Podcasts: Video podcasts have a 70% higher click-through rate compared to audio-only podcasts. (Podcast Insights)
  7. Video Personalization: Personalized video messages can increase open rates by 500%. (Wyzowl)
  8. Video Diversity: Brands that promote diversity in videos are 1.7 times more likely to be viewed as innovative. (Think With Google)

People convinced to buy product or service after watching video

Source wyzowl

Statistics on Specific Video Platforms

  1. YouTube’s Search Dominance: YouTube stands as the second largest search engine globally, boasting a colossal user base exceeding 1 billion individuals. (Source: Oberlo)
  2. Live Stream Viewer Engagement: Live video content garners an astounding three times longer viewing duration compared to pre-recorded videos. (Source: Social Media Today)
  3. Video in Email Marketing: The inclusion of video within email marketing campaigns has the potential to skyrocket click-through rates by a remarkable 300%. (Source: Martech Advisor)
  4. Virtual Reality (VR) Click-Through Rates: Incorporating 360-degree videos into VR experiences can lead to an impressive 41% higher click-through rate. (Source: Magnifyre)
  5. Vertical Video Completion Rates: Vertical video formats exhibit an astonishing 90% higher completion rate when viewed on mobile devices, surpassing horizontal video formats. (Source: IGTV)

Most Popular Video Types Used By Business

Social Media Videos
Explainer Videos
Presentation
Testimonials
Video Ads
Teaser Videos
Sales Videos
Product Demo Videos
Customer Service Videos

Source wyzowl

Video Analytics and Optimization

  1. AI-Enhanced Video Marketing: Utilizing AI-powered video analytics can result in a remarkable 50% surge in click-through rates. (Source: Forrester)
  2. Enhancing Video Accessibility: The addition of captions to video content can lead to a 12% extension in total viewing time. (Source: 3Play Media)
  3. Video SEO Influence: The incorporation of video on a landing page can lead to an 80% increase in conversion rates. (Source: Unbounce)
  4. Video Marketing Adoption: A substantial 87% of businesses have integrated video as a core element of their marketing strategies. (Source: HubSpot)
  5. Localized Video Impact: The use of localized videos has the potential to elevate engagement by a significant 13%. (Source: Advisory)
  6. Subtitles and Viewer Retention: An impressive 80% of viewers exhibit a greater likelihood to watch an entire video when subtitles are provided. (Source:  Nexttv)
  7. Video Analytics and Success: Marketers who employ video analytics are 2.7 times more likely to achieve successful outcomes. (Source: Vidyard)
  8. Enhanced Interaction with Heatmaps: Videos integrated with engagement heatmaps experience a noteworthy 43% higher interaction rate. (Source: Vidyard’s research)
  9. Email Segmentation Impact: Marketers who utilize video for segmenting their email lists witness a 23% higher click-through rate. (As supported by Vidyard’s insights)
  10. Video Viewability Metrics: The average viewability rate for in-banner video advertisements stands at 73%, according to Google.
  11. Optimal Video Engagement Days: Video content achieves its highest levels of engagement on Thursdays and Sundays. (Source: Sprout Social)
  12. Viewer Attention Span: The typical viewer attention span for video content is a mere 8.5 seconds, as discovered in studies conducted by Microsoft.

E-commerce and Product Videos

  1. E-commerce Product Videos: The integration of product videos has the potential to drive a remarkable 144% boost in purchase rates. ( Source: Neil Patel)
  2. Importance of Video in Marketing: A significant 87% of businesses have embraced video as a central component of their marketing strategies. (Source: HubSpot)
  3. Enhanced Whitepapers: Whitepapers enriched with video content can achieve a substantial 68% increase in download rates. (Source:  LinkedIn’s research)
  4. Video Interviews and SEO Impact: Incorporating video interviews can result in a substantial 157% surge in organic search traffic. (Source: Wordstream)

Video Advertising Impacts

  1. Video Ad Completion Rates: The average completion rate for video ads stands at a solid 70%. (Source: Invodo)
  2. Optimal Video Ad Length: Videos that are under 90 seconds in length exhibit a remarkable 53% higher viewer retention rate. (Source: Vidyard’s research)
  3. In-Stream vs. Display Ads: In-stream video ads boast a 32% higher completion rate compared to display video ads. (Source: Pixability)
  4. Shorter Video Ad Success: Video ads with a duration of less than 15 seconds witness a significant 15% increase in viewer retention. (Source: YouTube)
  5. Boosting Confidence with Branded Videos: A noteworthy 52% of viewers express that watching product videos enhances their confidence when making online purchase decisions. (Source:  Invodo)
  6. Cost-Effective Outstream Ads: Outstream video ads offer a remarkable 74% lower cost-per-view compared to in-stream ads, as indicated by the IAB.
  7. Engagement with Video Banner Ads: Websites featuring video banner ads achieve a 68% higher click-through rate. (Source: Ezoic)

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B2B Marketing

  1. B2B Video Consumption: A notable 70% of B2B buyers incorporate video content into their decision-making process when navigating the path to purchase. (Source: Google)
  2. Enhanced Webinar Results: Webinars that feature video content have been observed to achieve a significant 68% increase in conversion rates. (Source: GoToWebinar)

Audience Engagement

  1. nteractive Video Success: Interactive video content maintains an average engagement rate that is an impressive 300% higher compared to traditional video formats. ( Source: WIREWAX)
  2. Emotive Language and Engagement: Videos featuring emotive language in their titles experience a notable 65% increase in engagement rates. (Source: Tubular Insights)
  3. Optimal Engagement Point: The peak engagement point within a video often occurs at approximately 40% of its total duration. (Source: Visible Measures)
  4. Call-to-Action (CTA) Impact: Videos that incorporate a call-to-action (CTA) within the first 10 seconds enjoy a 20% higher view-to-engagement rate. (Source: HubSpot)
  5. Social Engagement on Instagram: Instagram video posts outperform image posts, receiving an impressive 38% more engagement on the platform. (Source: Socialbakers)

YouTube’s audience demographics in 2023

54.4% of YouTube’s global users are male
45.6% of YouTube’s global users are female

Source datareportal

Video Production Trends

  1. Embracing Vertical Video: A significant 63% of marketing professionals intend to create a higher volume of vertical videos tailored for social media platforms in the upcoming year. (Source: Animoto)
  2. Short-Form Video Prowess: An impressive 85% of businesses affirm that short-form video content stands as the most effective form of content for marketing purposes. (Source: Wyzowl)
  3. AI-Driven Video Consideration: A substantial 56% of marketers are contemplating the use of AI-generated video content within their marketing strategies. (Source: Renderforest)
  4. Vertical Video Engagement: Vertical video formats exhibit a completion rate that is nine times higher compared to horizontal videos when featured on Instagram Stories. (Source: Marketing Land)
  5. Micro-Moments for Shopping Decisions: An astounding 82% of individuals utilize their smartphones for making purchase decisions while physically in a store, (Source: Google)

Video Production Quality - By HubSpot

Source HubSpot

Live Video and Webinars

  1. Webinar Frequency and Revenue Growth: Companies that host between 16 and 20 webinars annually observe a noteworthy 17% increase in their revenue growth rate. (Source: ON24)
  2. Live Video Engagement: Live video sessions that extend beyond 15 minutes register a 55% higher viewer engagement rate. (Source:  Facebook)
  3. Virtual Events in B2B Marketing: A substantial 75% of B2B marketers consider virtual events as an integral component of their content marketing strategy. (Source:  Content Marketing Institute)
  4. Interactive Webinars and Audience Engagement: Webinars that incorporate interactive elements like polls and Q&A sessions experience a substantial 37% surge in audience engagement. (Source: WebinarNinja)
  5. Webinar Replay Participation: On average, 35% of webinar attendees choose to watch the replay of the webinar. (Source:  ON24)

Video SEO and Discovery

  1. Optimized Video Thumbnails: Videos that feature custom thumbnails enjoy a significant 41% increase in click-through rates. (Source: ReelSEO)
  2. Video Schema Markup Benefits: Websites incorporating video schema markup stand a 50% higher likelihood of securing a position on the first page of search results. (Source: Search Engine Land)
  3. The Power of Video SEO: Websites enriched with video content are an impressive 53 times more likely to achieve front-page visibility on Google search results. (Source: Insivia)
  4. Influence of Video Descriptions: Videos accompanied by descriptions ranging from 200 to 250 words experience a substantial 78% boost in the number of views. (Source: Backlinko)
  5. YouTube Video Discovery Mechanism: YouTube’s “Up Next” feature plays a pivotal role, driving a significant 70% of all video views on the platform. (Source: YouTube)

Videos show up in nearly third of all search results in Google Search

Videos In Google SERP

Source MozCast

User-Generated Content

  1. User-Generated Content (UGC) Trustworthiness: A substantial 76% of consumers hold the belief that content shared by everyday individuals is more authentic compared to brand advertising. (Source: Olapic)
  2. Social Media Sharing of UGC: User-generated videos witness a remarkable tenfold increase in sharing on social media platforms when compared to videos generated by brands. (Source: Olapic Small Biz Trends)
  3. UGC’s Influence on Conversions: Websites incorporating UGC videos can enjoy a significant 54% uptick in conversion rates. (Source: Olapic Bazaarvoice)
  4. UGC Campaign Effectiveness: Brands that implement UGC video campaigns often witness a notable 50% boost in social media engagement. (Source: Olapic Adweek)
  5. Consumer Demand for UGC: An impressive 82% of consumers express a desire for more user-generated content in marketing videos. (Source: Stackla)

Disclaimer: The statistics provided are for informational purposes. We recommend users verify and research the data independently. If you find inaccuracies or have concerns, please contact us for corrections or updates.”

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