The bitrate of a video refers to the amount of data being processed per second. It determines the level of detail and quality of the video, as well as the resulting storage space requirements. The higher the bitrate, the more data will be stored per second of video, resulting in higher quality video but also requiring more storage space.
When dealing with storage space limitations, it is often necessary to balance the desired quality of the video with the available storage space. Reducing the bitrate can reduce storage space requirements, but at the cost of video quality. On the other hand, increasing the bitrate will result in higher quality video, but at the expense of greater storage space requirements. It is important to find the optimal balance between the two factors to ensure that the video quality is satisfactory while still being able to store a reasonable amount of footage.