A video coding method includes: original collected video data is received from a coding requesting terminal, or a transmission video stream is received from the coding requesting terminal, the coding requesting terminal obtaining the transmission video stream by performing compression coding on the original collected video data in a first coding scheme; each video frame image of the original collected video data is divided into multiple subarea images, or each video frame image of the original collected video data obtained by decoding the transmission video stream is divided into multiple subarea images; the subarea images divided from each video frame image are transmitted to multiple coding servers, to code the subarea images in a second coding scheme and output a coded video stream; and the coded video streams output by the coding servers are merged into a target video stream.