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Don’t you get tired of all those polished up commercials with always-smiling people? They look insincere and it’s highly doubtful they’ll persuade you to buy something.
If only companies knew how to present their products and services in a more personal way...
Well, marketers are beginning to understand this, as evidenced by the live streaming statistics below.
This is why videos are gradually becoming the number one medium for achieving brand awareness.
Here are some numbers to get you warmed up:
Using video is key to a successful marketing approach. Especially if it’s a live video.
Alright, enough with the chit-chat. Let’s get straight to the latest facts!
We all spend a lot of time at home, streaming different stuff. So what do live streaming stats in 2022 have for us?
Let’s first say that it’s the Facebook gaming platform that actually experienced the highest year on year growth between 2018 and 2019, at 210%. Impressive!
Although Twitch gets only a fraction of this number, at 20%, it still wins the award for most streaming hours watched in the same period.
This means that, based on the number of monthly active users, Facebook would be considered the largest live streaming website worldwide. Twitch is considered the largest site based on the total number of hours watched in 2019. Something that can be confirmed by Facebook live streaming statistics available at the moment.
Twitch and Facebook may appear to be the most popular platforms for live streaming, but a survey revealed that when respondents were asked to choose their favorite video platforms, 70% said YouTube. So, although it perhaps hasn’t achieved it’s full potential yet in terms of live streaming, we’re interested to see what’s to come in the next few years.
Despite having the smallest year on year growth, at only 0.2%, Mixer is showing promise. In April this year, it experienced a whopping 37,106 million views. That’s among the most mind-blowing live streaming statistics for 2020!
(Source: TBI Vision)
The total number will surpass one billion this year and will grow 65% between 2020 and 2026. It comes as no surprise since so many new members joined during the COVID-19 pandemic.
Coming up are the latest stats that reveal how big the market is and the key players.
(Source: Focus Institute of Stillwater)
According to Datanyze, the most popular streaming platform is currently Livestream with 2,993 domains and a market share of 34.97%. Twitch, in comparison, only has 196 domains and a market share of 2.34%, according to live streaming stats.
(Source: Globe News Wire)
The live streaming market is growing at a rapid rate. Experts predict it will be worth almost $250 billion by 2027 at a CAGR of 28.1%.
(Source: Grand View Research)
Improvements to live streaming technology such as artificial intelligence to improve quality, and blockchain technology are expected to play a big part, or so the live video streaming statistics tell us.
(Source: Daily eSports)
Back in April 2019, the total number of hours watched on the four major streaming platforms was 1,971 billion. Fast forward to April 2020, and this has increased to 3,934 billion, representing a massive growth of 99%.
Hulu is on top of the biggest live streaming TV services in America with 3.3 million paid subscribers. This is likely to be because of the large catalog of ‘on-demand’ content.
Here are some more general stats and data about the live streaming userbase and much more!
Who has time to read the instructions, right? It is much easier to see how it’s done.
In this day and age, everything is about information and productivity. We prefer to receive as much of it as possible in the shortest amount of time. Few people want to read about the product, just let us see what it can do.
That’s true even if you are a fan of the brand. 82% of people prefer to watch a live stream than read a post on social media.
(Source: Neil Patel)
Online live streams are just another way for millennials to express themselves. Although we all prefer watching people live, it’s mostly younger users who create such content.
This fact in no way renders the number less impressive. On the contrary, it underlines the shift in interests of the younger generation from the more conventional pre-recorded videos (and the written word) to the new and exciting live ones.
More than half of viewers rely on social platforms to watch online streams, compared to 34% who use TV networks’ sites or apps.
The variety of ways to access the content explains why more and more people watch live videos online. Around half of US internet users said they watch live streams at least once a week. And 23% of the viewers admitted they do so at least once a day.
There is a sense of thrill in knowing you are watching someone in real-time.
According to viewers, there are many benefits to live video-streaming events. 79% feel that it brings more authentic interaction with the audience.
Using a live video to promote a product brings a human touch to digital marketing, according to 63% of people.
The benefits of this type of interaction are mutual. 60% of content creators say it is much easier to get real-time feedback from the audience. Which ultimately helps make the service better. Moreover, in terms of marketing, Facebook Live will be part of 32% of all video marketing strategies in 2020.
Yeah, you heard right. 67% of people bought tickets for an event after watching a similar one online.
Furthermore, 45% of live video audiences would pay for live, exclusive, on-demand video from a favorite team, speaker, performer.
It’s plain to see live streaming is an effective way to attract the public to your concert or sports event.
Whether it is an influencer giving his daily dose of advice to his followers, or a brand launching a new product in front of millions of viewers, live videos are here to stay.
More and more marketers and brands recognize the power of an unedited, interactive, and natural product placement. As a result, the urge to be live is stronger than ever and will only get stronger.
(Source: Webex Events)
To put it in perspective, in 2016 the streaming industry was worth $30.29 billion.
It is not merely growing, it is exploding. Live streaming statistics give a clue as to why that is.
With its endless reserve of opportunities - live streaming is the wet dream of every marketer. It is cheap, effective and easy to do.
Still, the data so far has only helped outline the general frame. To really see how effective live video content is, we need to look into some of its most well-known uses.
The way you can monetize your live stream depends on the platform you use. On Twitch, for example, you can let viewers subscribe to your channel. In exchange, they can avoid watching ads and get access to additional emoticons for the chat. While this sounds great, 52% of live stream livers prefer to watch ad-supported content.
Conventional TV is slowly dying, and it looks like news programs, sports events, and live concerts will be the first to go. Let’s look at some of the numbers behind it!
The second most-watched type of live content are speakers and conferences, tied with concerts and festivals at 43%.
It hasn’t really happened until it is online! More and more people search the internet to know the real story. It is easier than ever to stay informed.
News agencies acknowledge this trend and are trying to maintain a strong online presence by streaming news videos. Whether it is an important political event, a new product launch or simply a cause you believe in, if you want your news to reach more people, you have to put it online.
(Source: Pew Research Center)
Depending on the internet for your daily scoop is most pronounced when it comes to local news.
According to a recent study by the Pew Research Center, 41% of Americans say they prefer to get their local news via TV, and 37% prefer to do it online.
(Source: Pew Research Center)
Social media has become the best way to share information - from cooking recipes and pictures of your pets to important news and upcoming events. People pay attention to these posts, even if they don’t always believe them.
57% of people looking for news on social media actually expect to get largely inaccurate information.
According to the Center for the Digital Future at USC Annenberg and ThePostGame, 56% of those interested in streaming sports would pay more for online streaming than for traditional TV channels.
It’s also not surprising that the younger generations want to get everything online.
Sports fans aged 15-36 say they would pay the most, while older viewers prefer to stick to advertising-based TV networks.
Women like sports as much as men, apparently.
Whether it is because of the competition itself or they just want to see fit, sweaty men - women are hooked. They are also ready to pay more for exclusive content.
In households with children, the percentage of people who would pay more for live streaming online jumps to 70%. Once you are a parent, every free second counts.
To be honest, the only reason I still keep my cable TV subscription is for watching sports. Once it becomes possible to get all sporting events online, I’m joining the cord-cutting crowd.
Millennials are consuming everything through their phones or tablets. Sports content included.
Younger people are also more likely to be attracted by supplemental sports programming - 60% say it is important to them.
Speaking of exclusive content:
Viewers are no longer satisfied with just watching the event itself - they need backstage access.
Until recently it was enough for celebrities to record what happens backstage and then share the video online. That doesn’t cut it anymore.
Take for example MTV’s Video Music Awards. If you are watching them on TV, like a barbarian, there will be regular commercial breaks. But if you stream them on MTV’s website, you can watch, in real-time, exclusive interviews with your favorite artists right after they have received an award.
Celebrities seem to be aware of the power live interactions have. They make it a point to host Q&A sessions, exclusive online interviews, and even live concerts.
Apart from being far more exciting, live streaming inspires more simultaneous activity. When people watch something live and they like it - they want to share it.
51% of people watching live would email or text about it, compared with 43% when it’s on-demand and 41% when it’s TV broadcast.
57% would post something on social media if the event is live, compared with 49% if it’s on-demand.
(Source: Neil Patel)
This serves as proof that live videos achieve higher engagement with audiences.
In comparison - 53% of viewers will search while watching video-on-demand, and 48% if it’s on TV.
You don’t even need to explicitly promote your product or service - just casually mentioning it in your live stream does the trick.
If you have content worth sharing, a live video might be the way to present it. The emotional engagement rate for live content is a whopping 25% - much higher than the 17% for on-demand viewing.
Popular streamers are already taking advantage, engaging their viewers much better than your average vlogger.
While we are on the topic of popularity, have you thought about how live streaming has influenced the gaming world?
Twitch.tv is one of the biggest live streaming sites right now. It enjoys more than 15 million unique daily visitors, each spending an average of 95 minutes watching live gaming.
Still not impressed? In 2019, by the middle of march March viewers watched more than 184 BILLION minutes of content. The maximum number of concurrent viewers for the same period was 2,633,655. On top of that, there is a 55% growth in the average number of concurrent live channels in 2020.
Such a huge and engaged audience is hard to turn down.
Gamers don’t care what is in the corner of the screen, as long as it doesn’t cause lag. In fact, 80% are open to brands sponsoring a specific gamer or a team.
After all, in a few years, the most probable answer to the question “What do you want to be when you grow up?” will be “Professional gamer.”
It’s always nice to know that people are making a mint out of the entertainment they provide for you.
Being the most popular live streaming platform, Twitch attracts a lot of users. For example, in the first quarter of 2021, there were almost three million concurrent viewers on the site! That’s 19.2% more than the previous quarter.
We have seen how live streaming influences the online world.
Let’s see what else there is in store.
(Source: Blogging Wizard)
The data marks a significant rise from the previous 2017 when it was 28%.
The same study shows 63% of marketers plan to increase their use of live videos in future campaigns.
(Source: Influencer Marketing Hub)
The trend is quite apparent. Live video streaming is the next big thing in advertising.
One reason is the greater engagement of audiences. For example, being live on Facebook will produce 6x more interactions than traditional pre-recorded video.
The success of online video-on-demand streaming platforms is undeniable. Just think of Netflix, Hulu, and Amazon Prime. So it was only a matter of time for Mr. Zuckerberg to reach for a piece of the pie.
So the real question is, can Facebook take on the streaming giants? In 2021, Facebook Watch had 1.25 billion monthly viewers, who watched for at least a minute.
(Source: BBC News)
As of last summer, viewers in 8 Asian countries are only able to enjoy their favorite Spanish teams and players by watching online streams on the social network. These countries are India, Afghanistan, Bangladesh, Bhutan, Nepal, The Maldives, Sri Lanka, and Pakistan.
Facebook already shows Major League Baseball to US audiences at a reported cost of $1 million per game. The content is free but supported by targeted advertising.
Twenty games of the English Premier League’s next season will be available to watch only through Amazon Prime.
This trend can be observed all over the world. In China, the online giant Tencent streams the NBA games. Each of them gets watched by an average of 2 million people.
Told you live streaming and sports are a match made in heaven!
Enough with being serious. Here are some fun facts about online streaming.
(Source: BBC News)
Most gamers watch live action on Twitch and YouTube.
In an attempt to bring the younger audience back in front of the TV, Disney has recently announced a multi-year deal to broadcast live events from the Overwatch League. Don’t worry, they will stream it online too.
(Source: Twitch Tracker)
Even though Ninja left the platform for a short while to stream at Mixer, the Fortnite player is now back on Twitch. Being able to influence so many people has huge commercial implications, and brands know this.
People who are streaming on their TVs spend 42 minutes on average watching a live video, and only 5.1 minutes if it’s on-demand.
I have always wondered why the ‘live’ indicator next to a TV program’s logo is so bright. People just love it when it’s live.
That is an even more impressive number if you consider the event was broadcasted on free national TV in almost every country around the globe.
At the same time, four of eSports’ biggest events in 2018 garnered 190.1 million hours of live streams (or 21,700 years, if you’re counting).
The video was posted by Candace Payne in 2016. So far in 2020, it has had more than 1.77 million views.
Video has become a must-have tool for marketers. It allows you to communicate information in a more engaging way than conventional means of communication. And if it’s live - even better.
Tech giants are aware of the trend and keep trying to entice us with new ways to share live videos. That makes video easy to do and with good ROI - exactly how marketers like it.
If there is one thing we’ve learned from these live streaming statistics, it’s that it pushes all the right buttons with consumers. It is engaging, real and exciting.
Alright, that was it for today. I truly hope you enjoyed those stats. See you next time!
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Updated · Oct 03, 2023
Updated · Oct 02, 2023