When I am serious about images it is all about high performance: upgrading to better data compression (1) speeds up the network and server and reduces (2) network
and (3) storage costs. (4) Decompression of the image is another bottleneck and a soft decoder is itself something to download and compile locally.
If you use a high-powered device you might not appreciate that performance of a low-end Android device hasn't really improved since 2017. I test with an Android Go device that does pretty well if you feed it scaled images but would struggle with the soft decoder.
The native implementation of the decompressor can be much better than one in WebAssembly in that it can use SIMD units on the CPU and many other tricks, including special purpose hardware. That's why Apple is so keen to say that an image format is now supported in the OS, because they codesign the hardware, the OS and the file formats to take advantage of all that.