Motion JPEG is a popular CCTV compression format, where the video sequence is made of a series of JPG (JPEG) images. This compression method is required where lower FPS are used (like 5-8 frames per second). A typical Motion JPEG compression ratio is from 10 to 30 in compare with raw video.
To check how frame resolution, FPS can affect network bandwidth and storage you can use IP Video System Desgin Tool

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