Next generation video codec standard proposed

The demand for machine-oriented video processing and coding technology is increasing daily. There is a growing awareness that the majority of video traffic will be used by machines of all types. It is estimated that by 2022, 82% of all Global IP traffic will be video, according to a white paper updated by Cisco on February 27, 2019. Global IP traffic by application category   According to Cisco in 2018, machine-to-machine applications will represent the greatest usage of Internet video traffic over the next four years. This means that optimizing video data for machine use will be a key driver