With the rise of digital computing and visual data processing, the need for storage and transmission of video data became prevalent. Storage and transmission of uncompressed raw visual data is not a good practice, because it requires a large storage space and great bandwidth. Video compression algorithms can compress this raw visual data or video into smaller files with a little sacrifice on the quality. This paper an overview and comparison of standard efforts on video compression algorithm of: MPEG-1, MPEG-2, MPEG-4, MPEG-