JPGs and GIFs are excellent and frequently favoured for use on the internet, despite the fact that they cannot be scaled to the required size like an EPS. They load more quickly on the web and maintain a visually pleasing level of sharpness when viewed on a computer monitor thanks to their reduced file sizes. Some designers make these files slightly larger than the norm so that their clients can shrink them as necessary. SVG, however, is the finest format for delivering a logo file for the web. It is a unique vector format that is frequently utilised in digital applications.
What it is appropriate for:
1) Websites
2) Online banners and ads
3) Email signatures and email marketing
4) Any digitally released content