Youtube doesn’t have a large competitor challenging it for market share like other major companies do. There are plenty of streaming services, but YouTube is the only game in town when it comes to people generally browsing video content and following their favorite creators.
Coca-Cola has Pepsi. McDonald’s has Burger King. Toyota has Honda. Why doesn’t YouTube have one?
In: Economics
If you’re talking about a web site where you can do a search and learn how to fix a toilet or see a trailer for the new movie or watch a Taylor Swift video then, yes, YouTube has no real competitor. But if you’re talking about a place where you can sit down and just watch videos for entertainment from favorite creators, then it has plenty of competition from TikTok, Instagram, FB, and Snap.
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