However, it’s expensive at $0.19 per GB, i.e., an additional TB of storage would cost an additional $190 per month. Once you reach your included SharePoint storage limit, additional storage is available. This storage is included and available to all site collections in the Office 365 tenant and serves as a central pool from which everyone using SharePoint Online can draw. For example, a 1,000 user subscription for Office 365 and SharePoint Online would provide 11 TB of storage (1 TB + (.01 TB *1000 users)). The included SharePoint Online storage allocation is 1 TB plus 10 GB per licensee. SharePoint Online allocates a quantity of storage that's based on the number of users.

An Office 365 SharePoint Online storage primer Because of these expanding use models, many have found that the standard SharePoint storage allowance is not enough.

It was initially envisioned to be an entry-level document management system but has since expanded to provide a content management and content services platform, an intranet portal for enterprise information and applications, a groupware platform, a social platform, and a platform to develop custom web applications.

Since its introduction as part of the Office 365 enterprise offering (now Microsoft 365), SharePoint Online usage has skyrocketed.

Microsoft onedrive storage increase