  In this work we further extend the investigation of holographic gauge
theories in external magnetic fields, continuing earlier work. We study the
phenomenon of magnetic catalysis of mass generation in 1+3 and 1+2 dimensions,
using D3/D7- and D3/D5-brane systems, respectively. We obtain the low energy
effective actions of the corresponding pseudo Goldstone bosons and study their
dispersion relations. The D3/D7 system exhibits the usual
Gell-Mann--Oakes--Renner (GMOR) relation and a relativistic dispersion
relation, while the D3/D5 system exhibits a quadratic non-relativistic
dispersion relation and a modified linear GMOR relation. The low energy
effective action of the D3/D5 system is related to that describing magnon
excitations in a ferromagnet. We also study properties of general Dp/Dq systems
in an external magnetic field and verify the universality of the magnetic
catalysis of dynamical symmetry breaking.
