Difference between Memory and Storage

Memories are made up of registers. Memory refers to the location of short-term data. Each register in the memory is one storage location. Storage location is also called as memory location. Memory locations are identified using Address. The total number of bit a memory can store is its capacity.
Memory are of three type:

1. Primary Memory
2. Secondary Memory
3. Cache Memory 

Storage allows you to store and access data on a long-term basis.Data remains the same and nothing changes in the hard disk drive: everything gets pulled off into the main memory. Storage allows you to access and store your applications, operating system and files for an indefinite period of time.
For Example:

1. HDD
2. SDD
3. SD Cards
4. CD, DVD, etc 

Let’s see the difference between Memory and Storage:

1 Memory is an electronic component that is capable of storing data and information on a temporary basis. Storage refers to physical storage devices.
2 It is temporary data storage. Data is stored both temporarily and permanently.
3 Memory is faster than storage. Storage is slower than memory
4 Memory can access data and information instantly. Storage cannot access or modify data as fast as the memory.
5 It is a collection of computer chips installed in memory modules. It is a technology consisting of core components of a computer.
6 When the computer loses the power, Data is lost . No data is lost.
7 The memory module are expensive than storage. Storage devices are cheaper.
8 There size are not much larger and goes upto GBs. There size are much larger than memory and goes upto TBs.
9 It is used when data is stored for short time. It is used when data is stored for long term.

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