Haptics media refers to the sense of touch, and encompasses tactile (vibration, temperature, pressure, electro tactile), kinesthetic (force) and proprioception (motion, acceleration). Those modalities are rendered to the human body through different mechanoreceptors and thermoreceptors. Haptics media is an additional dimension that complements the sense of sight (video) and hearing (audio) and increases the level of immersion by enabling new user interactions with objects and environments. This functionality is currently not supported in 3GPP media services. The present document provides a detailed review of the relevant use-cases, interoperability requirements, performance characteristics of haptics media formats and codecs to enable haptics enhanced media streaming and communication services. This document has identified needs and characteristics of haptics media for different scenarios as well as gaps in 3GPP specifications and associated requirements for a new haptic media codec. Candidate technologies have been identified, including those that meet the requirements. It is recommended to document the haptics media traffic characteristics in TR 26.925. The addition of any new haptics codec in 3GPP services and specifications would require diligent preparation. The information in this document is meant to serve as a baseline for potential addition of a haptic media codec in 3GPP services and specifications.