Performing the image compression over the resource constrained hardware is quite a challenging task. Although, there has been various approaches being carried out towards image compression considering the hardware aspect of it, but still there are problems associated with the memory acceleration associated with the entire operation that downgrade the performance of the hardware device. Therefore, the proposed approach presents a cost effective image compression mechanism which offers lossless compression using a unique combination of the non-linear filtering, segmentation, contour detection, followed by the optimization. The compression mechanism adapts analytical approach for significant image compression. The execution of the compression mechanism yields faster response time, reduced mean square error, improved signal quality and significant compression ratio performance
