Optimizing images for web use can be a challenge, but WebP (Web Picture) format has emerged as a top choice. With its impressive balance of high quality and small file size, WebP is designed specifically for the web. It combines both lossy and lossless compression, making it versatile for various content types. WebP's benefits include faster load times, improved storage efficiency, and enhanced visual quality at smaller sizes.

WebP shines in scenarios where quality, speed, and efficiency are priorities, such as web-optimized photography, responsive web design, and logos with transparency. However, it may not be the best fit for all cases, requiring compatibility considerations and processing time adjustments. To ensure a successful conversion, choose compression based on image type, use batch conversion for large sets of images, test on multiple browsers and devices, and backup original files.

Source: https://dev.to/smartdev72/image-to-webp-why-webp-is-a-top-choice-for-web-optimization-3h6a