Facebook remains a dominant video platform with over 2.11 billion daily active users and significant watch time, but it faces strong competition from platforms like TikTok and YouTube, which cater more effectively to younger audiences with shorter, trend-oriented content. As demographics shift and user habits evolve, Facebook must adapt by embracing shorter video formats, enhancing video editing tools, prioritizing live video engagement, and encouraging user-generated content to maintain its relevance in the video landscape. The future of social media video is competitive, and Facebook's ability to innovate will determine its continued success.