Raster graphics store images as a collection of pixels and are usually larger file sizes. They can be difficult to modify without quality loss. Examples include BMP, TIFF, GIF and JPEG. Vector graphics use geometric shapes and equations and can scale smoothly. Examples include AI, EPS and WMF. JPEG is best for small web images and allows varying compression quality versus file size. TIFF supports layers and compression without quality loss but results in large file sizes. PSD stores Photoshop files and layers but is only compatible with Photoshop. 3DS files contain 3D modeling data and geometry but do not support bones for animation.

2.  Raster graphics are digital images created or captured (for example, by
scanning in a photo) as a set of samples of a given space. A raster file is
usually larger than a vector graphics image file, A Raster file is full bit-
map images. A raster file is usually difficult to modify without loss of
information, although there are software tools that can convert a raster
file into a vector file for refinement and changes. Examples of raster
image file types are: BMP, TIFF, GIF, and JPEG files. An advantage of
Raster Graphics is that the software for them is much cheaper than
vector. The disadvantage is the Megapixels for the file, if you expand the
image too much there wouldn’t be enough pixels to suit the image at the
expanded size so the image starts to blur up. Raster graphics are used as
web page backgrounds, solid objects like buttons or static title bars, and
mpeg movies. Raster images are often created by saving a static snapshot
of an image build up from overlaying many vector graphics.

3.  Vector-oriented images are more flexible than bit maps because
they can be resized and stretched. In addition, images stored as
vectors look better on devices with higher resolution, whereas
bit-mapped images always appear the same regardless of a
device's resolution. Another advantage of vector graphics is that
representations of images often require less memory than bit-
mapped images do. Vector graphics is the use of geometrical
primitives such as points, lines, curves, and shapes or polygon(s),
which are all based on mathematical equations, to
represent images in computer graphics, they are mainly used for
either raster printing or shape printing, and very good for sign
making as it uses mainly shapes, the main advantage is that data
can be represented in original resolution without generalization
and the main disadvantage is that vector images are not as cost
effective as raster images

4.  JPEG which stands for Joint Photographic Experts Group is a type of file
extension. This is the right format for those photo images which must be very
small files, for example, for web sites or for email. The file extensions for this
format are .JPEG, .JFIF, .JPG, OR .JPE although .JPG is the most common on all
platforms, A useful property of JPEG is that the degree of lossiness can be varied by
adjusting compression parameters. This means that the image maker can trade off
file size against output image quality. JPEG has a hard time with very sharp edges: a
row of pure-black pixels adjacent to a row of pure-white pixels, for example. Sharp
edges tend to come out blurred unless you use a very high quality setting. Edges this
sharp are rare in scanned photographs, but are fairly common in GIF files: borders,
overlaid text, etc. The blurriness is particularly objectionable with text that's only a
few pixels high.

5. TIFF or better know as Tagged Image File Formats a common format for
exchanging raster graphics images between application programs including
those used for scanner images. A tagged image file format can be identified
with the file format .tiff or .tif, The TIFF format was developed in 1986 by
an industry committee chaired by the Aldus Corporation and is now used by
adobe software. TIFF files are commonly used in desktop publishing, faxing,
3-D applications, and medical imaging applications. The main benefits of a
.TIFF file format is that it can be compressed to reduce file sizes using
mathematical algorithms such as ZIP or TAR without loss of image data but
the downside of this is the large file sizes, around 20mb for a 10 megapixel
image, so larger storages devices needed for long term archival use.

6. Photoshop files have default file extension as .PSD, which stands for
"Photoshop Document. A PSD file stores an image with support for
most imaging options available in Photoshop, PSD is a proprietary
file that allows the user to work with the images’ individual layers
even after the file has been saved.
Ideal for use when processing images as a user can save the file and
then go back to it at a later date but the down side of a .PSD file is
that it is generally only recognized by Photoshop software and
certain other image manipulation software

7.  Microsoft uses this term for its Windows Metafile (WMF) format. A
WMF file contains a sequence of graphical-device-interface (GDI)
function calls ("commands" to the OS) that results in the
presentation of a graphic image. Using WMF files rather than
already-built bitmaps saves space when many bitmaps are used
repeatedly by different components of the operating system or of
an application. In general, there are tools (such as HiJaak) that
will convert the WMF, EMF, and CGM formats into other formats.
EMF (Enhanced MetaFile) and raw are terms for spool file formats
used in printing by the Windows operating system. You can think
of the picture stored in an enhanced metafile as a "snapshot" of
the video display taken at a particular moment. This "snapshot"
maintains its dimensions no matter where it appears on a printer,
a plotter, the desktop, or in the client area of any application.
Drawing a metafile directly to a printer allows the printer to use
it's high-quality resolution of 1200 DPI or so, while the screen
usually only offers 96 DPI.

8.  AI is a file extension for a vector graphics file format used in an
Adobe Illustrator drawing. Adobe Illustrator is a popular vector
graphics-based drawing program. The AI format is a strictly
limited, highly simplified subset of EPS. AI stands for Adobe
Illustrator. As an AI file is vector graphics based it means Vector-
based formats mean artwork can be scaled up or down
indefinitely without developing pixelated artifacts, as vector
graphics is shapes and is all about precision, To create photo
realistic drawing the user must have oodles of patience and a
keen eye for detail and requires a lot of skill to master it.

9. 3DS is one of the file formats used by the Autodesk 3ds Max 3D
modeling, animation and rendering software. 3DS files consist of blocks of
data called "chunks" that contain an ID and length description. Chunks store
the shapes, lighting, a viewing information that together represent the
three-dimensional scene. As It is a 3d modeling software format, and there
are many programs that do 3d modeling, you can use it with different
programs such as Photoshop CC and Cinema 4D.
With the .3ds format, they don’t contain bones so you can only use them for
unanimated props such as scenery or buildings. If you want to use boned
animations for characters or NPCs you'll need to use .B3d files that support
the bones.