I was going through this Microsoft's link, and under NTFS section I have found the following information.
NTFS: Maximum Volume size: power(2,64) on disk format and power(2,32) on implemetation. What does this mean?
Secondly, on the same website it is mentioned 2TB as the maximum volume size of the NTFS file system. If that is the case, how are the new harddisks in the market of size>2TB accessed/formatted?