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
I’d like to suggest that there is competition, just not in the way you think.
TikTok and Instagram are basically the next gen of video entertainment (*sigh*).
Evidently reels exist in all three apps despite YouTube being very different from them.
Latest Answers