This document reviews different techniques for fractal image compression. It discusses how fractal image compression works by dividing an image into range and domain blocks. It then summarizes several papers that propose techniques for fractal image compression using discrete cosine transform (DCT) or discrete wavelet transform (DWT). These techniques aim to improve compression ratio and reduce encoding time. Finally, the document proposes a new method that combines wavelets with fractal image compression to further increase compression ratio while maintaining low image quality losses during decompression.