Analysts estimate SSD prices to fall 50 percent by mid-2023
What to look forward to: As SSD and NAND prices gradually decline, analysts believe that there will be no end to the price fall. The latest projections show that next year, consumers will be able to add a 2TB SSD to their PC for less than $100.
It’s safe to say that one of the best inventions for PC components was the creation of NAND flash memory and the subsequent M.2 SSDs. The ability to store up to several terabytes of data on a storage device that is almost the size of a chewing gum is fantastic. Unfortunately, M.2 drives with such large amounts of data were incomprehensible to most consumers for a while.
In recent years, solid-state drives have come down significantly in price and capacity has increased. Just six years ago, Samsung’s 1TB NVMe drive Price almost 500 dollars. Now the same SSDs are coming $90. This is an 80% price reduction. Analysts believe that this steady decline in prices will continue. By mid-2023, it is estimated that current spending on SSDs could be halved. If predictions are true, 1TB M.2 SSDs could cost around $50, 2TB SSDs could cost less than $100, and 4TB drives approaching the $200 mark could make them affordable for customers with a limited budget.
The continued supply glut will not stop M.2 SSD prices from falling exclusively, as SATA SSDs should hit a notable low next year. Depending on which brand you choose, a 1TB SATA SSD can cost between $50 and $90. We could see these SSD prices drop below current 3.5″ HDD prices.
Trendfocus notes that the main influence Accounting the recent dramatic price cut is that OEMs can now produce NAND chips much faster than ever. The contraction of the technology sector and overproduction have led to a surplus of products that will not be sold at the originally set price.
The next few months should be a great time for anyone looking to upgrade their PC storage. Next year might be even better.
Unfortunately for early adopters of the AM5 or those already using the Intel LGA1700 architecture, this price cut will not affect future PCIe 5.0 SSDs. These discs will become a hot commodity, and retailers are likely to try to make up for losses by taking advantage of the high demand.