A video bitrate is the number of bits that are processed in a unit of time.Remember that 1 byte consists of 8 bits. Video data rates are given in bits per second. The data rate for a video file is the bitrate. So a data rate specification for video content that runs at 1 megabyte per second would be given as a bitrate of 8 megabits per second (8 mbps). The bitrate for an HD Blu-ray video is typically in the range of 20 mbps, standard-definition DVD is usually 6 mbps, high-quality web video often runs at about 2 mbps, and video for phones is typically given in the kilobits (kbps). For example, these are the targets we usually see for H.264 streaming:

LD 240p 3G Mobile @ H.264 baseline profile 350 kbps (3 MB/minute)
LD 360p 4G Mobile @ H.264 main profile 700 kbps (6 MB/minute)
SD 480p WiFi @ H.264 main profile 1200 kbps (10 MB/minute)
HD 720p @ H.264 high profile 2500 kbps (20 MB/minute)
HD 1080p @ H.264 high profile 5000 kbps (35 MB/minute)