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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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