Memory Mapped IO vs Port IO

Memory-mapped I/O (MMIO) and port I/O (also called port-mapped I/O or PMIO) are two complementary methods of performing input/output between the CPU and peripheral devices in a computer.
Memory-mapped I/O (not to be confused with memory-mapped file I/O) uses the same address bus to address both memory and I/O devices, and the CPU instructions used to access the memory are also used for accessing devices. In order to accommodate the I/O devices, areas of the CPU's addressable space must be reserved for I/O. The reservation might be temporary — the Commodore 64 could bank switch between its I/O devices and regular memory — or permanent. Each I/O device monitors the CPU's address bus and responds to any of the CPU's access of device-assigned address space, connecting the data bus to a desirable device's hardware register.
Port-mapped I/O uses a special class of CPU instructions specifically for performing I/O. This is generally found on Intel microprocessors, specifically the IN and OUT instructions which can read and write one to four bytes (outb, outw, outl) to an I/O device. I/O devices have a separate address space from general memory, either accomplished by an extra "I/O" pin on the CPU's physical interface, or anentire bus dedicated to I/O.