Smart phones and social media platforms have changed how the world communicates. This has created an unprecedented demand for low-bandwidth, high-definition live mobile streaming. At the current rate, 82% of all traffic in 2022 will come from video & images.
Current systems are not viable for sustained streaming and storage. Prolonged and growing usage is expected to overwhelm data centers and internet service providers. Without improved compression, video and image standards will start to lag behind consumer and enterprise expectations