Nanotechnology-based data storage on rise

September 10, 2004 | Source: UPI

Nanotechnology could yield billions of dollars of new data storage devices, based on exotic technologies, in just the next few years, with vastly larger memory and faster response times.

Experts predict a growth in the global market for such nano-based storage from $97 million in 2004 to $17.9 billion by 2008 and $65.7 billion by 2011.