What are the reason for compressing files?

File compression is done for several reasons:

Save storage space – Compressed files take up less room on your hard drive or cloud storage.

Faster transfers – Smaller files upload, download, or send via email more quickly.

Easier sharing – You can bundle multiple files into a single compressed archive (like .zip) for convenience.

Cost efficiency – Reduces bandwidth usage and storage costs, especially for large datasets.

Backup efficiency – Compressed backups require less space and are quicker to store.