Image compression is the process of reducing the size of digital files by encoding information using fewer bits. There are two types of compression: lossless and lossy. Lossless maintains the same quality as the original, while lossy sacrifices quality for a smaller file size. Compressing images is useful for reducing file size and freeing up storage space. An image compressor tool supports PNG, JPG/JPEG intelligently analyzes and reduces file sizes. Users can adjust compression settings and download the compressed files. The process is safe, as original files remain untouched, and data is purged after one hour.