OGG is a free audio container format developed by Xiph.Org Foundation. Its unrestricted design offers efficient manipulation and streaming of high-quality digital multimedia. It multiplexes multiple streams for video, audio, text, and metadata. OGG has a filename extension of .ogg, although it can also come in .ogv, .oga, .ogm, .opus, and .spx.
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WAV, sometimes called WAV, is an audio container format developed by IBM and Microsoft and comes with a .wav filename extension. Unlike popular formats like MP3 and MP4, WAV isn’t a lossy format, so it’s bigger and less popular. WAV files can be opened on various OS platforms via software like Windows Media Player, MPlayer, VLC Media Player, and more.