Both OneDrive and SharePoint offer storage in Microsoft’s cloud space, which means that your data is securely stored within Microsoft’s vast network of datacenters.
OneDrive is your own personal storage. This is where you'll want to put documents and files that you don’t want other people in your organization to access.
SharePoint, on the other hand, is your collaborative cloud storage. This is where you would store a document in which you want to collaborate with a group of co-workers.
If the answer is helpful, please click "Accept Answer" and kindly upvote it. If you have extra questions about this answer, please click "Comment".
Note: Please follow the steps in our documentation to enable e-mail notifications if you want to receive the related email notification for this thread.