Image File Formats

bitmap

jpg - (Joint Photographic Experts Group). The group realized a need to make large photographic files smaller, so that they could be more easily shared.

png - (Potable Network Graphic). This can handle graphics with transparent or semi-transparent backgrounds.

gif- (graphics interchange format). This reduces the size of images and short animations.

bmp- (Bitmap Image file). This usually uncompressed or compressed with a lossless compression.

psd- (Photoshop document).  This supports multiple image layers and various imaging options and  high quality graphics data.

tiff- (Tag Image File Format). This stores high-quality images before editing if you want to avoid lossy file formats

heic- ( High Efficiency Image Container). you can easily open them on your Mac with Preview or Photoshop.

psb- (photoshop big). this supports large files

camera raw- Better quality and also better color

vector
ai- Their small file sizes and easy scalability

pdf- (Portable Document Format). you can use it for both print 

svg - (Scalable Vector Graphics). this is used for graphics, charts, and illustrations

indd - (InDesign Document). this is used to create books, magazines, brochures, flyers, and other print or web items with a strong design element. 

eps - (Encapsulated PostScript). This makes high-quality image printing.

ait - (Associate in Information Technology). this is a temple that can a logo and text frames

layout

idml - (InDesign markup language). this allows users of different versions of InDesign to open up the file without a problem.