Video is a massive component of the Internet. It’s predicted that by 2019 video will account for 80% of global Internet traffic, nearly a million minutes of video will be shared every second, and it would take someone 5 million years to watch all the video content shared each month. Video is a trend that is not going away anytime soon. Facebook has reported that its users currently watch 8 billion videos per day, which is an astronomical number. All these numbers indicate that there is a huge amount of money to be made from online video. It’s going to continue to be a key market to watch in the coming years.
Read the full article here: Why Video is the Social Media Trend to Watch in 2016