There is a "Thumbnail" field formatter for fields that reference a media entity. This makes for much cleaner markup and allows the media display to be configured per reference. It would be extremely helpful to have an SVG version of this field formatter with this module.
A new field formatter that allows directly displaying an SVG from a media reference field.
Needs review
2.3
Code
I'm not against this idea, but the field seems to work fine with the media library without it. Can you clarify where or how this change would be visible?