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What is "Video" module

Video module allows you to embedded videos from YouTube, Vimeo, Facebook, Vine etc (Drupal 8 only) and upload videos and play using HTML5 video player.

It also allows you to upload video in any format, playvideo in any format, transcode video to H.246, Theora, VP8(Web compatible formats) using or  automatically creates video thumbnails, deliver videos from Cloud file systems, Mobile device compatibility.

Module providers a reliable API for converting videos and create thumbnails, embed video to node body using  module (D7 only) and many more.