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Abstract
JPEG 2000 is sure to be the next standard for image compression.
It offers numerous benefits over current compression methods, including the ability
to do both lossless and lossy compression, the ability to obtain higher image
quality and higher compression ratios, and the ability to view the same file at
multiple resolutions. It also allows one area of the image to be examined more
closely using its region of interest capability.
JPEG 2000 uses wavelet technology to compress images, and this result in images
being compressed more efficiently and with less introduced error than previous
methods. Currently, JPEG 2000 uses one wavelet for lossy compression and another
wavelet for lossless compression, but in the future other wavelets may be used
as the need arises. There are many applications where JPEG 2000 can be used, including
the Internet, medical imaging, and digital photography. Overall, JPEG 2000 is
a huge upgrade over current compression methods and looks to be the next image
compression standard in the near future
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