What Does Shared Memory Mean?

Shared memory for software is a type of memory that can be shared by multiple applications or processes with the intent of providing inter-application communication or avoid redundant data copies. This is an efficient means of sharing or passing data because it removes the need to use other process like input/output (I/O). One application saves the data in shared memory, while another application may use it when found.

Techopedia Explains Shared Memory

Shared memory for software is a way for different programs to communicate and pass data without more overhead from communications processes. With shared memory, one program writes to the shared memory any data it needs another program to receive.