FragmentPagerAdapter: the fragment of each page the user visits will be stored in memory, although the view will be destroyed. So when the page is visible again, the view will be recreated but the fragment instance is not recreated. This can result in a significant amount of memory being used. FragmentPagerAdapter should be used when we need to store the whole fragment in memory. FragmentPagerAdapter calls detach(Fragment) on the transaction instead of remove(Fragment).
FragmentStatePagerAdapter: the fragment instance is destroyed when it is not visible to the User, except the saved state of the fragment. This results in using only a small amount of Memory and can be useful for handling larger data sets. Should be used when we have to use dynamic fragments, like fragments with widgets, as their data could be stored in the savedInstanceState.Also it won’t affect the performance even if there are large number of fragments.