SVG is a vector format which means it can be scaled without losing quality, while canvas is a raster format. SVG is an XML based language for doing vector and raster graphics. It was originally developed as a way to display SVG format on a web browser.

SVG does not depend on the resolution, which means it is resolution-independent. If we enlarge the image, it will not lose its shape. Canvas is resolution-dependent. If the image is enlarged, it will start reflecting the pixels of the image.

Both SVG and Canvas are used for creating or developing images and shapes. The developers are using both SVG and Canvas to solve their purpose according to the requirements like SVG is not used for creating dynamic applications like gaming, and canvas is not used for its poor rendering of text and lack of animation.