I) Colorspace reference: The most common colorspaces sRGB and AdobeRGB1998 can be referred to by ID/number/flag combinations. This is REALLY space efficient, just adds one or very few bytes. ( EXIF 0xa001 ColorSpace and 0x0001 InteropIndex.
• GC supports colorspace references for handling the opening of files at: Preferences > Open > Color Profiles.
II) Color profile embedding: This makes sense for custom calibrations. But embedding a standard color space such as sRGB or AdobeRGB1998 into thousands of file? Adds in the range of 3-10 KB.
• Not too much, but if it comes to web optimizations also that counts. And more importantly: The color managed web browser needs to evaluate each profile individually. In case of the reference this surely also saves a bit. Rendering time matters. Also for Google Search rankings.
Status Quo: Saving color profiles in GC.
1) The Info Dialog already differentiates: Assigned by user, Assigned by preference, Profile in file. But the later case is indifferent whether a color profile is really embedded (3-10 KB) or just referred (few bytes).
2) The various file formats have the option "Include ICC".
a) JPEG has two related format options:
a1)
a2)
I interpret it like this: Embed an ICC profile into the metadata header (extra 3-10KB) unless it's sRGB, in that case only a flag/reference (few bytes) into the metadata header.
b) PNG and WEBP and JPEG2000 don't have such differentiated options
3) Also there's the batch action "Chance Color Profile" which on files without a color profile information just assigns the profile and if it has a color profile assigns the target color profile and changes the pixel RGB values accordingly.
Proposals
Ad 1) Ideal would be to further differentiate in the Info Window between "Color profile embedded in metadata" displayed in the window as an attribute line e.g. as "sRGB (color profile embedded)" vs. "Colorspace reference in metadata" displayed as e.g. "Adobe RGB (1998) (colorspace reference)".
Ad 2) If "Don't embed sRGB profile" works how I interpreted it then please rename/restructure like below and add it as format options for all the common image formats: JPG, PNG, WEBP. JPEG2000 and JXL somewhen later maybe.
Do not embed color profile but only add colorspace reference for:
Ad 3) Add the same option from 2) here into the redesigned action "Chance Color Profile".