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The Image Compression market within the context of Multimedia is a rapidly growing sector. It is used to reduce the size of digital images, allowing them to be stored and transmitted more efficiently. Image compression is used in a variety of applications, such as digital photography, web graphics, and medical imaging. It is also used to reduce the size of large image files, making them easier to store and share.
Image compression algorithms are used to reduce the size of digital images without sacrificing quality. These algorithms can be used to reduce the size of an image by up to 90%, while still maintaining the same level of quality. This makes image compression an important tool for multimedia applications.
The Image Compression market is highly competitive, with a number of companies offering a range of products and services. Some of the major players in the market include Adobe, Corel, Microsoft, and Apple. These companies offer a range of image compression solutions, from basic compression algorithms to more advanced solutions. Show Less Read more