Holographic data storage is a breakthrough technology that stores data by recording holograms in a photosensitive storage medium using the interference pattern between a signal beam containing data and a reference beam. It allows millions of bits of data to be written and read in parallel using a single flash of light, providing extremely fast data transfer rates and enormous storage capacities by multiplexing many holograms in the same storage volume. The key advantages are speed of retrieval, which can be tens of microseconds compared to milliseconds for hard disks, and flexibility of information search and retrieval.