The Facebook Video Statistics Everyone Needs To Know
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The 11 Biggest Facebook Video Statistics Marketers Need To Know For 2017
Digital video is booming. Globally, traffic from online videos will constitute over 80% of all consumer internet traffic by 2020 (Cisco), and eMarketer estimates that U.S. spending on both mobile and desktop video advertising will reach nearly $10 billion in 2016, more than a 23% increase than last year. By 2019, the total U.S. digital video advertising spend is projected to eclipse $14 billion—nearly 50% of that figure ($6.86 billion) is attributed to mobile video.
Videos represent a potentially transformational form of journalism because they let stories unfold organically, live, and with the audience able to change the experience.
Facebook Live and Video have already impacted how we consume and deliver content on the largest social media network. See the biggest Facebook video statistics in 2017 and Facebook trends driving massive user behavior shifts here:
1. Facebook Videos Posts Have Increased By 94% Annually In U.S.
One of the most impressive Facebook video statistics demonstrates its popularity and mainstream traction. The number of videos published by U.S. users has exploded, increasing by 94% from January 2014 to January 2015. For international Facebook users, the increase in Facebook videos published is a still-impressive 75% annual growth rate (AdAge).
2. Total Potential Facebook Video Viewing Audience: 1.71 Billion Monthly Active Users
- Daily Active Users (DAUs)—1.13 billion (a 17% increase from last year)
- Mobile DAUs—1.03 billion (a 22% increase from last year)
- Mobile MAUs—1.57 billion (a 20% increase from last year)
3. 8 Billion Daily Views For Facebook Video = 100% Growth In 6 Months
4. 85% Of Facebook Videos Are Viewed Without Sound, But...
According to Digiday, almost 9-in-10 Facebook videos are consumed without sound, a signal that brands should consider producing video content that can still be engaging, even in silence (Facebook). To that point, Facebook found that adding captions to videos increases the watch time by 12%, on average.
Nonetheless, Facebook is beginning to test video autoplay sound as announced earlier this week (Mashable) despite Facebook's own publicized research that 80% of viewers react adversely to videos with automatic sound.
5. Facebook Paying $50+ Million To Influencers, Publishers, Celebrities For Video & Live Use
To promote Facebook videos, and especially Facebook Live videos, Facebook is paying top social media influencers over $2M dollars to produce live content (Tubefilter) out of a total of $50M to well-known publishers and celebrities to do the same (Wall Street Journal). Facebook's investment in video technology and live video content serves as a strong indication about the direction Facebook thinks social media content and user behavior is heading.
image via Facebook Newsroom
As one of the recipients of Facebook's $50M video payout, Olympic gold medalist Michael Phelps took first to the social network's live video platform to announce his retirement from sport's highest echelon (Mashable). Phelps's video also took home the gold for most-watched Facebook video during the Rio Olympics 2016 at nearly 4M views to date.
Related Post: The 10 Biggest Influencer Marketing Statistics For 2016
6. 84% Of Facebook Ad Revenue Is From Mobile, CEO Touts Video Growth
Perhaps spurred on by its latest video and live streaming developments, Facebook is experiencing a strong rise in advertising revenue as evinced by its 2016 Q2 Report. CEO Mark Zuckerberg prefaces the report with,
We're particularly please with our progress in video as we move towards a world where video is at the heart of all of our services.
CNET attributes the popularity and growth of Facebook Video and Live to the prevalence of users accessing Facebook via mobile noting "most of these [1 billion] mobile phones have a camera on them, and since all of them are connected to the internet, they're each a Facebook Live stream waiting to happen." At the end of Q2 2016, Facebook's mobile daily active users (DAUs) and monthly DAUs were 1.03 billion and 1.57 billion respectively (both figures represent at least a 20% year-over-year growth).
7. Facebook Videos Have Increased 360% Across Everyone's News Feeds
With users spending an average time of 50 minutes each day on Facebook (including Instagram and Messenger and excluding WhatsApp as reported by The New York Times), a 360% increase in videos populating everyone's news feeds represents a significant uptick and trend (AdAge on the increase of number of Facebook videos in news feeds from 2014 into 2015).
In a recent Facebook Newsroom post, product manager and software engineer Vibhi Kant and Jie Xu explain that a user's News Feed is compiled (via algorithm) by posts and content of friends and Pages the user is related to. With the advent and proliferation of Facebook Video and Live, this now popular content is being syndicated into News Feeds accounting for the rapid rise of videos across Facebook.
Related Post: The 10 Top YouTube Video Statistics To Know For 2016
8. Facebook Live Videos Are Watched 3x Longer Than Regular Videos
The instant popularity of Meerkat, Periscope, Snapchat, and now Facebook Live serves to illustrate the importance of authentic, "off-the-cuff," and in-the-moment content with audiences worldwide. Not surprisingly, live streaming videos on Facebook are viewed at much higher durations (3x) than non-live content (Facebook). As one of the most important engagement metrics, time spent is a strong indication of what's important and valuable to Facebook's 1.7 billion users.
9. 74% Of Total Ad Recall Is Achieved In 10 Seconds Of Facebook Video Campaigns
Facebook partnered with global information and measurement company Nielsen to ascertain the value of video advertising on the social network. Going beyond view counts (a typical vanity metric), Nielsen discovered that 74% of a campaign's cumulative impact can be achieved within the first 10 seconds of a video. As Facebook puts it, "marketers should experiment with shorter ad creative to drive value for their brand."
10. 13% Organic Reach & 6.3% Engagement Rate For Branded Facebook Videos
Brands have experienced notable success by publishing Facebook videos—especially "native" Facebook videos (as opposed to links from YouTube videos, Vimeo videos, or video content published on other platforms)—according to research conducted by analytics firm eMarketer.
Facebook's 6.3% per-video engagement rate is especially impressive considering the highest engagement rates for top brands on Instagram (as determined from our Instagram Brand & Influencer Engagement Rate Case Study) span from a 1.4% (for Instagram's top fashion brand channels) to 3.3% (for top Computer & Electronics brands on Instagram).
Related Post: 5 Ways Brands Are Using Facebook Video Advertising
11. 100 Million Hours Of Facebook Videos Are Watched Every Day
Facebook recently began measuring video consumption in "hours" rather than "total videos viewed" to give interested parties a more accurate comparison between Facebook and its largest video rival, YouTube. Facebook video statistics put the amount of Facebook videos watched at 100M hours per day (Recode), while Business Insider reports that YouTube earns roughly 6 times that amount (650M hours).
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August 26, 2016 By Mediakix Team