Version control for shape files is not even in the realm of possibility. Although version control for file geodatabases is not impossible, I think , if Esri tried, I still don't see them doing it. If you strike the shape file part, I would be willing to vote for the file geodatabase part.
This idea has been closed as a duplicate of the Data Management Idea linked below. Don't worry, you can still show your support by commenting and adding kudos to the open idea. Thanks for your contributions!
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