Abstract: Systems and methods for the generating compressed light field representation data using captured light fields in accordance embodiments of the invention are disclosed. In one embodiment, an array camera includes a processor and a memory connected configured to store an image processing application, wherein the image processing application configures the processor to obtain image data, wherein the image data includes a set of images including a reference image and at least one alternate view image, generate a depth map based on the image data, determine at least one prediction image based on the reference image and the depth map, compute prediction error data based on the at least one prediction image and the at least one alternate view image, and generate compressed light field representation data based on the reference image, the prediction error data, and the depth map.