An image compression technique eliminates unrelated information or/and redundant, and resource for encode leftover. Almost, it is repeatedly essential to tossing a way both relevant information and not redundant information to attain the compression that essential. By the way, the ploy is discovered approaches that permit significant info to be resourcefully extracting and representing. As we look to the future, the need to transmit images and store will only continue to increase faster than the available capability to process all the data. Multimedia data whether audio, graphics and video data which is uncompressing requires considerable transmission bandwidth and storage capacity. So, this leads to the need techniques of compression of images and all applications of multimedia to save time of transmission and storage. The purpose of this paper is to show different techniques that used for compressing images in two sides lossy compression and lossless compression. Also, we have shown in this research paper the motivation behind using these techniques and the benefits of compression techniques.