Tags: Digital Media, Google Video, Hitwise, MySpaceTV, USA, Veoh, Video, Video Sharing, Web Services, Yahoo Video, YouTube

YouTube gains popularity in US market

Google owned video sharing service YouTube is more popular than ever.

As per latest reports, YouTube accounted for more than 75% of US traffic on video sharing services.

Hitwise said that YouTube had more than nine times the traffic of the second most popular service MySpaceTV.

MySpaceTV had a market share of 9%.

Google Video came third with 3.73% market share. Yahoo Video had 1.92% while Veoh had 1.13% share.

Hitwise went on to say: “YouTube is synonymous with online video. It just keeps growing.”

Unfortunately, this is not that good of a new for Google which has admitted that they are still struggling to generate revenues from this service.