YouTube is an American online video-sharing stage headquartered in San Bruno, California. Three previous PayPal workers Chad Hurley, Steve Chen, and Jawed Karim made the service in February 2005. Google purchased the site in November 2006 for US$1.65 billion; YouTube now works as one of Google’s auxiliaries.
Hurley had contemplated plan at the Indiana University of Pennsylvania. Whereas, Chen and Karim examined software engineering together at the University of Illinois at Urbana Champaign. The fundamental individual who went to the possibility of this service was Kalim, He stated:
The inspiration for YouTube first originated from Janet Jackson’s job in the 2004 Super Bowl occurrence when her breast was uncovered during her show, and later from the 2004 Indian Ocean tsunami.Jawed Karim
Karim couldn’t easily discover video clips of either occasion on the web, which prompted the idea of a video-sharing website. Be that as it may, Hurley and Chan have an alternate view on making such a site. They stated:
The first thought for YouTube was a video rendition of an online dating service and had been impressed by the site Hot or Not.Hurley And Chen
But due to the trouble in discovering enough dating videos inspired a difference in plans, with the site’s founders choosing to accept uploading of any type of video on the website. As indicated by a story that has regularly been repeated in the media. Hurley and Chen built up the thought for YouTube during the early months of 2005, after they had found trouble in sharing videos that had shot at a supper gathering at Chen’s residence in San Francisco.
YouTube was started as a Venture Capital-funded Technology Startup. primarily from an $11.5 million and $8 million investment by Sequoia Capital and Artis Capital Management between November 2005 and April 2006.
So there first headquarter was set up above pizzeria and Japanese restaurant in San Mateo, California. The domain name www.youtube.com was obtained on 14 February 2005 (oh oh a Valentine day) and the website was developed over the resulting months. The first YouTube video was uploaded by the one of YouTube Co-Founder Jawed Karim, which was titled as Me at the Zoo, recorded at San Diego Zoo. This video was uploaded on April 23 2005 and can still be viewed on YouTube. YouTube provides the beta version of the website to the public in May 2005.
Furthermore, The First Video to arrive at one million perspectives was the video from Nike which was highlighting Cristiano Ronaldinho in November 2005. After the investment from Sequoia Capital in November, the site launched officially on December 15, 2005. What’s more, around then the site was receiving 8 million visitors every day.
Purchase By Google
On October 9, 2006, Google Inc. declared that it had acquired YouTube for $1.65 billion in Google stock, and the arrangement was settled on November 13, 2006. Google’s obtainment of YouTube propelled a newly discovered interest for video-sharing websites; IAC which currently owned Vimeo after gaining CollegeHumor utilized its resource to build up a competing site to YouTube, however, it focused on supporting the content creator to differentiate itself from YouTube.
In March 2010, YouTube started free streaming of certain content, including 60 cricket matches of the Indian Premier League. As per YouTube, this was the first global free online broadcast of a major gaming event. On March 31, 2010, the YouTube site launched a new design, with the aim of simplifying the interface and expanding the time visitor spend on the site. Google product manager Shiva Rajaraman remarked:
We really felt like we needed to step back and remove the clutter.Shiva Rajaraman – Google Product Manager
In May 2010, YouTube videos were viewed more than two billion times each day. This extended to three billion in May 2011, and four billion in January 2012. In February 2017, one billion hours of YouTube were viewed each day. As per information distributed by the market research organization comScore, YouTube is the prevailing provider of online video in the United States, with a market percentage of around 43% and more than 14 billion views of videos in May 2010.
In October 2010, Hurley stated that he would step down as the CEO of YouTube to take an advisory job and that Salar Kamangar would take over as head of the organization.
In April 2011, James Zern, a YouTube software engineer, uncovered that 30% of videos represented 99% of views on the site.
In November 2011, Google+ a social media networking website was integrated directly with YouTube and the Chrome internet browser, permitting YouTube videos to be seen from inside the Google+ interface.
In May 2011, 48 hours of new video were uploaded to the site each minute, which expanded to 60 hours each minute in January 2012, after that it reaches 100 hours per minute in May 2013, then 300 hours each minute in November 2014, and 400 hours consistently in February 2017. As of January 2012, the site had 800 million unique visitors a month. It has been asserted, by The Daily Telegraph in 2008, that in 2007, YouTube expended as much data transfer capacity (Bandwidth) as the whole Internet in 2000. And in October 2006, YouTube moved to another office in San Bruno, California.
In December 2011, YouTube launched a new version of the site interface, with the video diverts showed in a central column on the landing page, like the news feed of social media networking websites on the internet. Simultaneously, another adaptation of the YouTube logo was presented with a darker shade of red, the first-ever change in the design since October 2006.
Toward the beginning of March 2013, YouTube finished the change for all channels to the previously optional “One Channel Layout,” which expelled numerous customization choices and background pictures for consistency, and split up the channel data to various tabs (Home/Feed, Videos Playlists, Discussion, About) instead of one associated page.
2013 And Onward
In May 2013, YouTube started a pilot program for content providers to offer premium, membership-based channels inside the platform. after that In February 2014, Susan Wojcicki was selected as CEO of YouTube. In November 2014, YouTube reported a subscription service known as “Music Key,” which packaged ads-free streaming of music content on YouTube with the current Google Play Music service.
In February 2015, YouTube launched a secondary mobile application known as YouTube Kids. The application is intended to provide an experience designed for children. It includes an improved UI, curated determinations of channels highlighting age-proper substance, and parental control features. Later on August 26, 2015, YouTube released YouTube Gaming—a video gaming-focused vertical and application for videos and live streaming, planned to contend with the Amazon.com-claimed Twitch.
In October 2015, YouTube released YouTube Red (presently YouTube Premium), another paid service that would offer advertisement-free access to all material on the platform(succeeding the Music Key service launched the earlier year), premium original series and movies delivered by YouTube personals, as well as background playback of videos and music on cell phones. YouTube likewise launched YouTube Music, a third application situated towards streaming and finding the music content available on YouTube platform.
In January 2016, YouTube extended its headquarters in San Bruno by buying an office park for $215 million. The complex has 51,468 square meters (554,000 square feet) of space and can house up to 2,800 workers.
On August 29, 2017, YouTube officially released the “polymer” upgrade of its UIs based on Material Design language as its default, also a new logo that is built around the service’s play button emblem.
On April 3, 2018, A shooting occurred at YouTube’s headquarters in San Bruno, California.
On May 17, 2018, YouTube reported the re-marking of YouTube Red as YouTube Premium (joined by a major expansion of the service into Canada and 13 European markets), just as the upcoming release of a distinct YouTube Music subscription.
In September 2018, YouTube started to eliminate the separate YouTube Gaming site and application and presented another Gaming platform inside the main service. YouTube staff contended that the separate platform was creating confusion and that the integration would allow the features developed for the service (including game-based entries and upgraded discoverability of gaming-related videos and live streaming) to reach a more extensive audience through the main YouTube site.
In July 2019, It was reported that YouTube will stop support for the Nintendo 3DS system on September 3, 2019. In any case, proprietors of New Nintendo 3DS, or New Nintendo 3DS XL, can still access YouTube on the Internet browser.
In November 2019, it was reported that YouTube was progressively eliminating the classic version of its Creator Studio across all users by the spring of 2020. As of now, a few users can approach Creator Studio Classic before the finish of March or April 2020.
In June 2020, the facility to use categories was removed.
Now, YouTube is not just a video content site. But, after more than 15 years of working YouTube now stands at the second position on the Internet Website Ranking. At this time the CEO of YouTube is Susan Wojcicki who was nominated for this position on February 18, 2015. It currently contains more than 1,200 Employees.
That’s Why it is very important to understand all about the Statistics of YouTube. Especially the video statistics, user demographics, and revenue data. This data is available for the Second Quarter (Q2) of 2020.
By knowing the YouTube Demographics you will understand that how much YouTube has affected the people’s online activity. This will let you understand your target audience and it could affect your business.
YouTube has now more than 2 billion unique users every month which has increased 5% from the previous year. And the daily active YouTube users are more than 30 million+ and the numbers are gradually increasing.
YouTube is the second most-watched website on the internet with the 6.5 average page views by each user who visit the website.
In the US, almost 73% of US Adults use YouTube as their daily need. And nearly 78% of US men Adults and 68% of US women Adults use YouTube. Also, 61% of YouTube users are male.
YouTube service is Available in more than 100 countries and in 80+ languages.
In 2018, the YouTube app was the most installed app on IOS and it has more than 5 billion installs on Android devices from December of 2018.
Almost one billion hours of video are watched every day and 500 hours of video is being uploaded every minute. And 2 million hours of video are watched on YouTube TV every day.
The most viewed video on YouTube is of music genre “Despecito (By Louis Fonsi and Daddy Yankee)” with 6.8 Billion views as of July 2020.
The first video to reach 1 million views was from Nike which was featuring Ronaldo. And the first video to 1 billion views was Psy’s “Gangnam Style” in 2014.
The fastest video to reach the 1 billion views was “Hello (Be Adele)” in just (87.4 days), this video breaks the record of previous record-holder Gangnam which was the time lap of (158 days).
The Most viewed video in one day has just broken the internet. The new song of BlackPink – “How You Like That” has gained 86.3 million views in just one day breaking the record of BTS (ft. Halsey) – “Boy with Luv” with 74.6 million views.
The most subscribed and most viewed channel is “T-series” from May 2019.
The most searched term on YouTube worldwide is “BTS” with 17,630,000 and the most searched term in the US is “Pewdiepie” with 3,770,000.
On YouTube males usually watch Soccer matches and Strategy games. And females love to watch beauty videos.
Almost 79% of people who use the Internet have a YouTube account. And more than 70% of watch time on YouTube comes from mobile devices.
There are 50 million creators on YouTube who make video content and do live streaming regularly.