In Oracle, the size of a table can be checked using the `SELECT` statement along with the `SUM` and `LENGTH` functions. The `SUM` function calculates the total number of rows in the table, while the `LENGTH` function determines the average length of each row. By multiplying these two values, we can estimate the total size of the table in bytes.
Knowing the size of a table is important for several reasons. It helps in capacity planning, performance tuning, and cost optimization. By understanding the size of a table, database administrators can allocate appropriate resources to ensure optimal performance and avoid potential bottlenecks. Additionally, it aids in estimating the storage requirements for backups and data archiving purposes.