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Is it possible to obtain perceptually lossless compression with foveated imaging?

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Is it possible to obtain perceptually lossless compression with foveated imaging?

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Perceptually lossless compression is possible with foveated imaging. In general, the greater the resolution of the original image, the greater the compression factor that can be obtained with foveated imaging, while maintaining a perceptually lossless image. A 1024 x 768 image can typically be compressed by a factor of 3-5 without visible loss, when the foveation region is centered on the direction of gaze.

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