Compression standards refer to the established methods and protocols used to reduce the size of data files without significantly losing quality. These standards are essential in various fields, including digital media, where large files, such as images and videos, need to be stored and transmitted efficiently. Common compression formats include JPEG for images and MP3 for audio. These standards ensure compatibility across different devices and platforms, allowing users to share and access compressed files easily. By adhering to these guidelines, developers can create software that effectively compresses data while maintaining its integrity, making it easier for users to manage their digital content.