That does not reflect current or near term reality. As you can see in this 2017 global media report, the world wide split was H264 at 79%, VP9 at 11%, FLV at 5%, and HEVC/H265 at 3%:
https://www.encoding.com/files/2017-Global-Media-Formats-Report.pdf
There are probably thousands of petabytes of H264/MPEG-4 content that will never be transcoded to anything else. I myself manage 200 terabytes of h264 documentary material. Every Blu Ray disk is encode H264, most satellite and cable channels are encoded H264.
H265 is heavily patent-encumbered, hence deployment of H265/HEVC has been slowed for non-technical reasons. There have been major disputes over licensing, royalties and intellectual property. At one point the patent holders were demanding a % of gross revenue from *each* individual end user who encodes H265 content. That is one reason Google developed the open source VP9 codec. The patent holders have recently retreated from their more egregious demands, but that negatively tainted H265 and has delayed deployment.
This licensing and royalty issue is why the evaluation version of Premiere Pro does not have H265.
VP9 is replacing H264 on Youtube, and they will transition to VP9's successor AV1 soon. AV1 is also open source, not patent-encumbered, and significantly better than H265/HEVC
After many years when all current cameras and most computers have been replaced, and IF HEVC/H265 survives, and IF the world doesn't settle on Google's open-source AV1, THEN might be a good time for hardware and NLE designers to reduce support for H264 hardware acceleration.
That is a long way off. For today and for several years, the iMac Pro will have to handle lots of H264/MPEG-4 material. It is better at this than the 2013 Mac Pro but it's barely faster than a 2017 iMac overall on this workload.