Facebook, the social networking giants have seen a massive growth over the past couple of years in terms of users, visitor figures and average time spent on the site but they have now also managed to increase video streaming dramatically.
Last month Facebook jumped up the video streaming leaderboard. The site is now the third largest video streaming website sat just behind YouTube and Hulu. This is quite the success when you consider that the number one and two spots are dominated by dedicated video streaming websites, whereas this is just one element of the Facebook platform. By no means are Facebook a current competitor to YouTube but the social networking site continues to grow worldwide and in the previous month Facebook only managed to sneak into the top ten – a huge month on month growth.
The overall online video market has stabilised recently with no notable increases or decreases since July. There was a modest growth from 11 billion video streams in September to 11.2 billion in October, but having said that, unique views have fallen slightly to 138.6 million from 139.3 million in the previous month.
