Note: This article is for an older Wowza™ product or technology that either has been updated or is no longer supported. For the current version of this article, see How to re-stream video from an IP camera: Common IP camera RTSP URL formats.
Axis models that natively support H.264: M1011(-W), M1031-W, P3301(-V), Q1755, Q6032. (This is not a complete list.)
The Axis camera's RTSP url take the form:
rtsp://[login:password@][camera domain name or IP address]/media/video1
SoleraTec has a reference of IP cameras and RTSP urls.
The Axis cameras have a query string API that can be used to modify the stream dynamically. See section 5 "Parameter Specification" of this Axis reference. For example, you can control the video codec and compression like this: