VP9 is a next-generation video compression format developed by the WebM Project. VP9 supports the full range of web and mobile use cases from low bitrate compression to high-quality ultra-HD, with additional support for 10/12-bit encoding and HDR.
VP9 can reduce video bit rates by as much as 50% compared with other known codecs. It is supported for adaptive streaming and is used by YouTube as well as other leading web video providers.
VP9 decoding is supported on over 2 billion end points including Chrome, Opera, Edge, Firefox and Android devices, as well as millions of smart TVs.