The JPEG (Joint Photographic Experts Group) image format is a widely used and highly efficient compression method for photographs and images with a rich color palette. It employs lossy compression to reduce file sizes while maintaining an acceptable level of visual quality. JPEG files typically have the extensions .jpg or .jpeg and are commonly utilized for digital photography, online images, and graphics where a balance between file size and image quality is crucial. The format is suitable for scenarios where some loss of detail is acceptable in exchange for significantly smaller file sizes.
The WebP image format is designed for efficient compression and fast loading of web images. Developed by Google, WebP supports both lossy and lossless compression, providing flexibility in balancing file size and image quality. It excels in achieving smaller file sizes compared to JPEG and PNG without compromising visual fidelity, making it a popular choice for web developers aiming to optimize page load times. WebP also supports transparency and animation, further enhancing its versatility for various web-based applications.