Kinura

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.

Google hosted their sellout Google@SocialMediaWeek event in London on Thursday 16th February 2012 at the SMWLDN 2012 Hub, sponsored by Google! (What a mouthful!)

If you weren't one of the lucky one's who managed to snap up a ticket, you can now watch the event online, right here!

Hear the latest thinking on social media and our wider social worlds from Google experts, academics and advertisers.