While SSD and NAND prices are gradually falling, analysts now believe there is no end to the price drops. The latest estimates suggest that next year, consumers could add 2TB of SSD storage to their PCs for less than $100.
SSD prices are falling day by day
The invention of NAND flash, one of the best choices for PC components, and the subsequent M.2 SSDs had made the technology much faster. You can store more than a terabyte of data with these storage devices, which are almost the size of a box of gum. Offering massive amounts of speed, M.2 drives have been an indispensable choice for most consumers for some time.
Recently, significant price reductions and capacity increases have been seen in SSDs. Just six years ago, Samsung’s 1TB NVMe drive cost It was around $500. Now, the same SSDs for $90 selling. This means an 80% price drop.
Analysts believe this steady price decline will continue. Estimates suggest that current SSD costs could halve by mid-2023. If the predictions hold true, 1TB M.2 SSDs could go for around $50, and 2TB and 4TB SSDs under $100.
SATA SSDs are expected to drop noticeably over the next year. And continued oversupply won’t limit price drops to just M.2 SSDs. Depending on which brand you choose, 1TB SATA SSDs will cost between $50 and $90. The next few months or years can be a great time for users looking to upgrade their computer’s storage. It could be even better next year.