You can now increase your SharePoint OneDrive for Business storage quota to 1TB, a big increase from the default 25GB and previous limit of 100GB, Microsoft revealed in a blog post. Office 365 users with SharePoint Online now have something new to be happy about.
"Administrators can select specific users to assign new upper quotas of 50GB, 100GB, 250GB, 500GB or 1TB. The SharePoint site collection limit has also been increased from 100GB to a maximum of 1TB, and the 25TB SharePoint Online limit in a single tenant has been removed, which means you can purchase as much pooled storage as needed," Microsoft stated in an official blog post.
As an admin, you can now specify which specific users you want to assign storage quotas of 50GB, 100GB, 250GB, 500GB or 1TB. Admins can monitor overall storage quota allocation from the OneDrive for Business Storage Limits or Site Collections pages in the SharePoint admin center. Enjoy!