As the term suggests FRAM uses a ferroelectric layer as against the standard dielectric layer as a result of which the benefits mentioned above ca be realized. The biggest advantage of FRAM however is the low power requirement for the storage device the makes it popular amongst many device manufacturers. Also, FRAM has the benefit of faster memory recall which is in line with the advantages associated with flash memory, but with higher memory retention. Security applications are expected to be a key driver for the FRAM market because of the higher memory and faster recall properties associated with the storage technology.
In terms of technological development, vendors operating in the market have already invested heavily in R & D of storage technology especially in ferroelectric RAM technology. The technology is expected to be used widely in data centers as well as for wireless sensor operations where data recall will be done wirelessly and hence, speed would have to be of the essence.