The document compares three image compression algorithms: Discrete Cosine Transform (DCT), Discrete Wavelet Transform (DWT), and a hybrid DCT-DWT algorithm. DCT is used in JPEG and provides simple hardware implementation but can cause blocking artifacts at high compression. DWT provides multi-resolution decomposition and achieves higher compression ratios but requires more computation. The hybrid algorithm aims to combine the advantages of DCT and DWT by applying DWT followed by DCT, allowing for better performance than either individual method. Experimental results showed the hybrid approach generally had better performance in terms of PSNR, MSE, and compression ratio.