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it is difficult to know which will come first as google always keeps quiet regarding their development. Daala is still in the design stages at the moment, who knows how long until a fully fuctional version is ready. HEVC is due to be ratified in January. At which point hardware vendors can start developing dedicated ASIC for hardware decoding of HEVC. It will be a while for a half decent encoder is released though. Daala will surely be first out with a good encoder before HEVC. Google is an unknown. I wish they would just help out with Daala, then it would be even better and released even quicker and less likely to encounter patent lawsuits.
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