The main aim of this research paper is to introduce wavelet analysis applications and its features that can be applied to specific areas of interest like mathematical physics, information technology, fluid dynamics, optimization theory, biomedical engineering etc. The purpose of this research paper is the use of tools and strategies based on wavelets and wavelet transform to solve problems encountered in the chosen application areas and related fields. This research paper carried out, in general, aims to demonstrate the advantages of wavelet or wavelet based methods by applying them to analyze data, build mathematical models and run simulations arising in science and engineering. This analysis has also been a part of product designs, system prototypes, industrial products and manufacturing processes.

Image Compression, Wavelet Transformation, Wavelet Packets