The camera you have is capable of three (3) different encoding formats

  • MJPEG:

When MJPEG is selected you are limited to a single stream; this is by far not the most efficient method of encoding and is used for some broadcast situations.

  • H.264

I would call this the current standard of efficiency and compatibility in encoding formats

  • H.265

This is brand new and is currently not supported by many systems however it is substantially more efficient than H.264 (Close to a 50% reduction in bandwidth)