Non-volatility: Data is retained even when the power is switched off, making MRAM an excellent choice for applications requiring persistent storage. Speed: MRAM offers fast read and write speeds comparable to SRAM, making it suitable for high-speed computing applications. Endurance: Unlike flash memory, which has a limited number of write cycles, MRAM can endure an almost unlimited number of read/write cycles. Low Power Consumption: MRAM consumes less power compared to DRAM and SRAM, which is beneficial for battery-powered devices. Scalability: Advances in nanotechnology allow MRAM to be scaled down to smaller sizes, increasing memory density.