JPEG is a standard image format developed by the Joint Photographic Experts Group in 1992. Today, JPEG is undoubtedly the most popular photo format because of its small file size and compatibility with all image viewing environments. It uses lossy compression that gives it the small file size, albeit sacrificing the image quality.
BMP, also called a bitmap image, is a raster image file format developed by Microsoft Corporation for its Windows operating system. Typically, BMP is used to save bitmap digital images in a display device and can save two-dimensional photos in monochrome and color. Although most BMP files have significant file sizes because of lack of data compression, they can be compressed losslessly via algorithms like ZIP.
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