Content is highly important to marketers when they are looking forward to communicating and engaging with their target audience. There are some forms of content such as pictures, written content, and videos.

Video marketing is beneficial and effective for the consumer, not only that but it also provides marketers a shareable, attractive, and versatile medium to reach their audiences.

Keep on reading to know the latest video marketing trends and video marketing stats for 2020…

Video Marketing Stats 2020 Overview

In light of that, here is a video marketing stats overview before getting into further details:

The video marketing stats were gathered by surveying 656 respondents in December 2019, the sample includes marketing professionals and online consumers. One of the asked questions was how many businesses use video as a marketing tool, and how do they use it?

• In 2019, 87% of businesses reported use video as a marketing tool. However, in 2020, the percentage faced a slight decrease and became 85%.

A Figure Shows the Increase in Using Video Marketing as a Marketing Tool (2019—2020)

• 92% of marketers who use videos say that it is an important part of their marketing strategy.
• With a high percentage of 99% of people who use videos for marketing mentioned that they will continue using video in 2020.
• 92% of video marketers feel the level of noise and competition has increased in the last year.
• 46% of first-time video marketers said that they started using video last year because they believe it is easier to create video content in-house.
• Along with, 18% of first-time video marketers started using video in 2019 because they feel clearer about the ROI of video.

Social Media Video Marketing 2020

Talking about the importance of video, and how marketers should take that into consideration, in light of that, marketers were asked about how do they plan to use videos in 2020.

The chart below shows that as expected YouTube continues to be the primary social media channel for video marketing with a percentage of 88%, Facebook comes in second place with a percentage of 76%, finally, followed by LinkedIn with a percentage of 66%.

A Figure Shows the Most Used Video Marketing Platforms in 2019

On the other hand, marketers said they will use 360 Degree Video with 15%, VR with 12%, and Snapchat video with only 9%.

Related Guide: How to Create Video at the Speed of Social: 6 Ways to Get Video Produced Faster

The ROI of Video Marketing

• 87% of video marketers say video has increased traffic to their website.
• 80% of video marketers say video has directly helped increase sales.
• 83% of video marketers say video has helped them generate leads.
• 81% of video marketers say video has helped increase the average time their visitors spend on-page.

The Table of Content of “The State of Video Marketing 2020” Report:

• Introduction
• Video marketing overview
• 2019 in review
• The ROI of video marketing
• Non-video marketers
• The Audience View: Consumers and video
• Video marketing on social media
• Video platforms
• Year over year trends

Number of Pages: 

• 13 pages

Pricing:

• Free

Methodology:

Data in this report is based on a survey of 656 unique respondents who were surveyed in December 2019. The sample included both marketing professionals and online consumers. Each of these groups was separated with a preliminary question, ensuring that respondents were only asked to answer the questions relevant to them.

Note: The Wyzowl’s trends data is based on 6 years of asking these questions.