Svg Or Svg Compressed. This online image compressor allows to compress SVG images for free. It saves disk space the compression is lossless and it spares the time needed for on-the-fly compression when serving them over the web.
This file type can be resized without a loss in image quality. No optimization option is required for lossless compression. Modern web servers can do this Gzipping themselves before serving the asset see this answer on StackOverflow for more info so if you have a 300KB SVG that is 50KB when compressed it will be around the same when Gzipped by the web server automatically.
Each SVG file size can be up to 40 MB.
When an SVG image has been compressed with the gzip algorithm it is referred to as an SVGZ image and uses the correspondingsvgz filename extension. No optimization option is required for lossless compression. W3C provides SVGZ files to test for conformance. The optimization will remove redundant and useless information.