How full is my innodb shared table space?
It's in ibdata1?  How much free space do you currently have?  What is the output of

 SHOW TABLE STATUS;


And

 SHOW CREATE TABLE  -- for the largest table


Is this 'your' machine?  Or a Cloud server?  Do you have access to another machine with a big disk?

Knowing how "full it is" won't necessarily help you avoid running out of disk space.

With answers to the above questions, we may be able to plot a path that does not end in disaster.