The invention provides an image storage method based on panoramic image display. The method includes the following steps that a) a cubic facet image is acquired; b) the relative position relations among the facets in the cubic facet image are determined by means of a first method; c) the image is cut and spliced by means of a second method to form a first image, the image is a rectangle having the side length ratio of 4:3; or the image is cut and spliced by means of a third method to form a second image, and the second image is a rectangle having the side length ratio of 16:9; and d) the first image or the second image is stored and reproduced.