ahalpert
Major Contributor
I'm sure it will be years before we're using it, but Fraunhofer's next generation compressed video codec was finalized today. Supposedly it will deliver H.265 visual quality with half the data.
The specs according to wikipedia:
"It should support resolutions from 4K to 16K as well as 360° videos. VVC should support YCbCr 4:4:4, 4:2:2 and 4:2:0 with 10 to 16 bits per component, BT.2100 wide color gamut and high dynamic range (HDR) of more than 16 stops (with peak brightness of 1000, 4000 and 10000 nits), auxiliary channels (for depth, transparency, etc.), variable and fractional frame rates from 0 to 120 Hz, scalable video coding for temporal (frame rate), spatial (resolution), SNR, color gamut and dynamic range differences, stereo/multiview coding, panoramic formats, and still picture coding. Encoding complexity of several times (up to ten times) that of HEVC is expected, depending on the quality of the encoding algorithm (which is outside the scope of the standard). The decoding complexity is expected to be about twice that of HEVC."
How it's achieved:


Evolution until final version of bitrate savings and encode/decode complexity relative to H265:

So, it looks like it takes almost 10x the processing power to encode but less than twice to decode, relative to H265.
The specs according to wikipedia:
"It should support resolutions from 4K to 16K as well as 360° videos. VVC should support YCbCr 4:4:4, 4:2:2 and 4:2:0 with 10 to 16 bits per component, BT.2100 wide color gamut and high dynamic range (HDR) of more than 16 stops (with peak brightness of 1000, 4000 and 10000 nits), auxiliary channels (for depth, transparency, etc.), variable and fractional frame rates from 0 to 120 Hz, scalable video coding for temporal (frame rate), spatial (resolution), SNR, color gamut and dynamic range differences, stereo/multiview coding, panoramic formats, and still picture coding. Encoding complexity of several times (up to ten times) that of HEVC is expected, depending on the quality of the encoding algorithm (which is outside the scope of the standard). The decoding complexity is expected to be about twice that of HEVC."
How it's achieved:


Evolution until final version of bitrate savings and encode/decode complexity relative to H265:

So, it looks like it takes almost 10x the processing power to encode but less than twice to decode, relative to H265.

