30 Eye-Opening YouTube Facts, Figures and Statistics You Should Know in 2024

by Lewis Ogden | Last Updated: February 23, 2024 | Blogging
youtube facts

30 Eye-Opening YouTube Facts, Figures & Statistics For 2022

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Since its inception in February 2005, YouTube has grown to become not only the largest online video sharing platform but the 2nd largest Search Engine and also the 2nd most visited website in the world.

What has sparked this huge growth is, in large part, to a new generation of ‘cord cutters‘, who are not satisfied with traditional TV viewing channels and have a demand for instant video, and 24/7 accessibility.

YouTube is only happy to oblige, with the introduction of YouTube TV which now caters to over 800,000 users, and the growth of their creator channels, offering financial rewards for those who can create both high-quality entertaining video, and maintain a large following of fans.

With over 300-hours of HD Quality video being uploaded every 60-seconds, it’s easy to see why YouTube is dominating as an online video platform and is able to compete with alternative streaming platforms such as NetFlix (40$ market share), Hulu (14% market share) and Amazon Prime (7%)

Facts & Stats By The Numbers

YouTube as a Business

Sources & References

Every effort is taken to keep this piece up-to-date. We revisit these YouTube statistics twice yearly in order to update old facts and figures and provide a current and holistic view of the YouTube video sharing platform.