Online Video Consumption Statistics
Online video consumption has been on the rise with the current average viewer spending17 hoursa week watching digital videos in 2023.
For businesses, the potential to reach consumers via online videos is high. But to cater to their habits, you need to know what they are watching exactly.
According to the latest online video consumption statistics,91.8%ofinternet users worldwidewatch digital videos each week. This refers to any kind of video—from music videos and tutorials to gaming and influencer videos.
The most popular videos on the internet are music videos. Nearly half (48.7%) of all internet users watch them at least once a week. Comedy, meme, or the commonly-termed “viral” videos are the second most popular type of videos and are watched by just under one-third (34.8%) of global internet users. This is followed by video live streams, with 28.5%, and tutorial or how-to videos, with 26.4%.
As an ecommerce business, these online video consumption statistics are important as it helps you understand your buyers’ preferences. This way, you can adjust yourvideo marketing strategyaccordingly to ensure your videos are not only being watched but also reaching the right audience.
For instance, the high number of people watching tutorials or how-to videos could mean that it may be worth investing increating a how-to product video. This is especially if your products are innovative and/or if their value proposition cannot be adequately conveyed through text or static images.Video live streamscan also help to foster a sense of community with your buyers, cultivating a relationship with them.
Fifth and sixth on the list are sports clips or highlights videos and educational videos, consumed by 26% and 25.7% of internet users, respectively.
Next on the list of the most popular videos on the internet is one that’s relevant toecommerce businesses—product review videos. 25% of consumers watch these online every week. This is followed by gaming videos, which 23.7% of people watch.
This next statistic can come in handy when you’re thinking about usinginfluencer marketingto promote your product. Influencer videos and vlogs also rank among the most popular videos on the internet. They’re 10th on the list, watched by 23.4% of internet users worldwide every week.
