Wav Vs Mp3. So as for wav vs mp3 size the wav file is larger than the mp3 file. But you will not gain any sound quality advantages by rendering to aiff instead of wav.
As we have mentioned above the wav is lossless and uncompressed while the mp3 file is lossy and compressed. Wav is a lossless file format and uses linear pulse code modulation. Mp3 on the other hand is a compressed format.
By mp3 huge rates of compression can be achieved as compared to wav.
Compressed audio can be encoded into a wav file too but it is not in the common usage. You ve probably also heard about flac files. That is the main reason why streaming services always pick mp3s when they make a wav vs. Wav preserves the quality of the audio file by employing negligible changes in the source file.