exFAT is in updated file system introduced by Microsoft in Windows Vista SP1. It's file size limitation increases to 16 EB (exabytes), while the file size limit is 4G in FAT32 partition. exFAT partition is compatible with both Windows and Mac OS, thus it is preferred by more users who want to store large files or use their disk under different operating systems. exFAT is mainly designed for formatting flash memory storage and other external devices. Thus it is not a huge competitor to NTFS on hard drive. As NTFS has been proven to be inefficient on flash memory, thus exFAT is the ideal choice when you want to store large.