---->>>A) is h.264 and ---->>>B) is h.265
1)INTRODUCTION:
-->>A)MPEG 4 Part 10 AVC (Introduced in 2004).
-->>B)MPEG-H, HEVC, Part 2 (Approved in Jan 2013 ).
2) PROGRESSION:
-->>A)Successor to MPEG-2 Part .
-->>B)Successor to MPEG 4 AVC, H.264.
3) SPECIFICATION:
-->>A)Support Up to 4K (4,096×2,304)
Supports up to 59.94 fps
21 profiles ; 17 levels.
-->>B)Up to 8K UHDTV (8192×4320)
-upports up to 300 fps
3 approved profiles, draft for additional 5 ; 13 levels.
4) COMPRESSION MODEL:
-->>A)Hybrid spatial-temporal prediction model
- Flexible partition of Macro Block (MB) , sub MB for motion estimation
- Intra Prediction (extrapolate already decoded neighboring pixels for prediction)
- Introduced multi-view extension
9 directional modes for intra prediction
- Macro Blocks structure with maximum size of 16x16
- Entropy coding is CABAC and CAVLC.
-->>B)Enhanced Hybrid spatial-temporal prediction model
- Flexible partitioning, introduces Coding Tree Units (Coding, Prediction and Transform Units -CU, PU, TU)
- 35 directional modes for intra prediction
- Superior parallel processing architecture, enhancements in multi-view coding extension
- CTU supporting larger block structure (64x64) with more variable sub partition structures
- Entropy coding is only CABAC.
5) DRAWBACKS:
-->>A)Unrealistic for UHD content delivery due to high bit rate requirements. Frame rate support restricted to 59.94.
-->>B)Computationally expensive (~ 300 % + ) due to larger prediction units and expensive Motion Estimation (Intra prediction with more nodes, asymmetric partitions in Inter Prediction).
6) KEY IMPROVEMENTS:
-->>A)- 40-50% bit rate reduction compared to MPEG-2
- Led the growth of HD content delivery for Broadcast and Online.
-->>B)- 40-50% the bit rate reduction at the same visual quality compared to H.264
- Potential to realize UHD, 2K, 4K for Broadcast and Online (OTT).
This obove points will clarify you with both h.264 and h.265 , and according to me currently h.264 is over h.265.
Hope this helps you.
Thanks.