This is a format created in the Acorn Draw program, intended for image visualization by using vector lines. It’s used for storing information in the publishing business (brochures, logotypes, etc.). The main advantage is it’s high quality source images when printing. It’s been in use since 1980.
SVG is a markup language, scalable vector graphics, created by World Wide Web Consortium (W3C), designed for describing two-dimensional vector and mixed vector / raster graphics in XML. Supports both and animated, interactive graphics and declarative scripting. Not support the description of three-dimensional objects. The basis of SVG VML formed markup languages and PGML.