YouTube Reigns whilst the Largest Online Video Destination
If somebody wished to to see a music video or a typical example of a doit-yourself task these were working on, odds are they would go-to YouTube. To this day, the video giant has virtually no competitors and is growing in a steady rate. Since it was founded in 2005, YouTube has soared towards the top with regards to websites visited, routinely ranking in the top-three worldwide (another two being Google and Facebook).
The Growth of YouTube Shows no Sign of Slowing
The very first video (titled "Me in the zoo") was uploaded in April of 2005 and obtained 70 million views in less than 8 months. Within a couple of months of its first upload, YouTube was among the fastest-growing websites on the web. Only a year and a half later in October of 2006, YouTube was ordered by Google for an astonishing $1.65 billion. This is only the start of YouTube's growth. In just three limited years there were over 1 billion movies being viewed daily, a number which then quadrupled by 2012. In early 2013, YouTube accomplished a new milestone by reaching 1 billion special users visiting per month.
Looking to the Future of YouTube
With more than an hour of video uploaded every second and over 4 billion views everyday, it is safe to say that YouTube will continue being a leader within the online-video scene. Because of its inexpensive and not at all hard platform, the number of people in addition to businesses which are involved in this excellent opportunity remains to expand. Billions of people throughout the world arrived at YouTube daily to explore and find out the world through video. For example website [1].