There will be 1 TB memory chips, ten times smaller than the ones that exist right now.

Larger capacity recording faster than 1Gb/s

Hard x-ray holography

Memory with access time of 1ns

100GB non volatile erasable RAM in few cm square

Molecular memory with density of 1 TB/sq cm

Retrieval from 1TB database within 10 seconds

Optical storage media will be static, e.g. optical card

Single storage medium usable for all forms of data

Memory/storage density still a bottleneck for some applications

Photochemical hole burning memory at 100GB per sq cm

This is a factual article as opposed to fiction or scenario. It describes the current state of the field and explains expected future developments without speculation or fantasy.