Efficient data compression and analysis as a service

Data may be efficiently analyzed and compressed as part of a data compression service. A data compression request may be received from a client indicating data to be compressed. An analysis of the data or metadata associated with the data may be performed. In at least some embodiments, this analysis may be a rules-based analysis. Some embodiments may employ one or more machine learning techniques to historical compression data to update the rules-based analysis. One or more compression techniques may be selected out of a plurality of compression techniques to be applied to the data. Data compression candidates may then be generated according to the selected compression techniques. In some embodiments, a compression service restriction may be enforced. One of the data compression candidates may be selected and sent in a response.