MPEG-5 LCEVC

MPEG-5 part 2 LCEVC (Low Complexity Enhancement Video Coding) is the latest standard by MPEG and ISO. Instead of replacing existing codecs or other methods to improve video compression, LCEVC enhances them, reducing both costs and energy consumption of the transcoding process by up to 70%. Remarkably, it also augments compression efficiency by up to 40%. LCEVC specifies an enhancement data layer that, when combined with a base video encoded with a conventional codec, produces an enhanced video stream. LCEVC also enables unique benefits in applications such as single-stream SDR-HDR backward-compatible delivery and low-latency video delivery. LCEVC was designed to guarantee reliable implementation on current and future devices, with sustainable power consumption, by reusing hardware acceleration already available on existing silicon. For more information: https://www.lcevc.org/