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The Importance of Social Media Video Platforms

O objective Strategy | Creative | Digital THE IMPORTANCE OF po SOCIAL MEDIA VIDEO00 PLATFORMS ill Here we will look at some of the vital statistics for online video. This will highlight several of the most popular social media video platforms that are expected to grow in 2020. Social video ad spend is expected to reach £19.7 billion by 2023. Facebook, YouTube, Twitter, and Snapchat are predicted to dominate ad spend. Stats on ad revenues are as follows: 75% YouTube 60% Snapchat 50% Twitter 30% f Facebook The 'stories' format has seen huge growth on Instagram, with 500 million active daily users. This has grown from 24 150 million in 2017. HOURS Instagram launched IGTV to compete with YouTube's long-form, user generated video content. If IGTV convert Instagram's 1 billion users, it could represent a massive opportunity in the market. 3 The time users have spent watching x video content on Snapchat has now tripled since January 2018. TikTok has been downloaded 1 billion times globally and is ranked number 4 worldwide in the non-game apps category. Objective Creative is an award winning B2B, creative marketing agency based in Sheffield. As a full-service agency, we can offer a wide range of services including video production. If you are looking for video production in Sheffield, throughout the UK or beyond, get in touch with our specialist team. We offer a comprehensive, cost effective service, including planning (script writing and storyboarding), scheduling, filming and post-production. www.objectivecreative.com/video-and-motion-graphics-production O objective www.objectivecreative.com

The Importance of Social Media Video Platforms

shared by ObjectiveCreative on Jun 17
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Here we will look at some of the vital statistics for online video. This will highlight several of the most popular social media video platforms that are expected to grow in 2020.

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