The paper focuses on a modular approach to design of a communication protocol and an MPEG-like standard for multimedia information processing. Generally, the following basic problems can be considered: (i) selection, (ii) composition, and (iii) combinatorial evolution and forecasting. Here, the composition problem is examined. The ZigBee Protocol for wireless sensor networks is studied as an example for the modular design. A generalized MPEG-like standard is considered as a representative example as well. Morphological (modular) system design is used for composition of the elements (components) of the protocol/standard. The solving process is based on Hierarchical Morphological Multicriteria Design (HMMD): (i) multicriteria selection of alternatives for system components, (ii) synthesis of the selected alternatives into a resultant combination. Numerical examples illustrate the design process.