2012 has been an exceptional year for web video, with Psy's taking the world by storm and Felix Baumgartner's huge leap from space.
With record-breaking numbers of viewers watching content online, video has also played a massive part in the growth of companies globally.
Just take a look at YouTube's statistics to see how mind boggling the 'video revolution' has become, for example: 500 years of YouTube videos are watched every day on Facebook. Crazy!
We've pulled together a few interesting statistics from the past 12 months to sum up how web video has also been impacting on businesses.