Nowadays, you rarely see a PC without an SSD. Once an expensive luxury, the prices of solid state drives have slowly been decreasing, making them even more accessible to everyone from PC newbies to enthusiasts. Over the last year, SSD prices have been decreasing even more. According to TrendForce, an industry analyst firm, these prices will continue to drop throughout 2020 and possibly into 2021 as well.
Storage Newsletter, a platform that keeps trace of advancements in Storage, also wrote an article explaining that the average price for NAND flash would drop by another 10% over the remainder of the year. But that’s not all, they also stated that prices would further drop another 15% in the first quarter of 2021.
What’s with the SSD price drops?
Well, the simple and short answer is supply and demand. More specifically, supply and demand of NAND Flash. The NAND Flash is the primary component of an SSD and is what we store our data on. The price fluctuation we see is the result of a high amount of inventory and high amounts of NAND wafer production.
Essentially, there’s a high amount of NAND Flash and not enough demand for it. Added to that, the demand for SSDs is declining in the server market as well. Taking all these into account, we’re likely to see a 10% drop in average prices in Q4 of 2020. For 2021, this will accelerate another 15% as NAND flash supplies become more abundant.
What does this mean for the average Joe?
Well, if you want to purchase an SSD, there’s no time like the present to do so. High-capacity NVMe SSDs have become a lot cheaper, almost to the point where they’re trading blows with regular SATA SSDs.
The fun part is that an NVMe SSD is ridiculously faster than a regular SATA SSD which in turn is significantly faster than a regular SATA3 Hard drive. So basically, you can now get an SSD and install all your games on it and say goodbye to loading screens
If you’re in the market for an SSD, be sure to check out our available models.
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AORUS Gen4 7000s 1TB M.2 NVMe SSDරු 59,500 -
AORUS Gen4 7000s 2TB M.2 NVMe SSDProduct on saleරු 125,000 -
Aorus NVMe Gen4 2TB SSDProduct on saleරු 95,000 -
Aorus NVMe Gen4 1TB SSDProduct on saleරු 48,000 -
Aorus NVMe Gen4 500GB SSDProduct on saleරු 26,000 -
GIGABYTE Gen3 2500E 1TB NVMe SSDProduct on saleරු 27,000 -
GIGABYTE Gen3 2500E 500GB NVMe SSDරු 17,500 -
PNY CS900 480GB 3D NAND 2.5″ SATA IIIරු 21,500 -
PNY CS900 960GB 3D NAND 2.5″ SATA IIIරු 37,000
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PNY CS2140 M.2 2280 NVMe Gen4x4 1TB SSDරු 45,000 -
PNY CS900 240GB2.5″ SATA III Internal SSDරු 11,500
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GIGABYTE 2.5″ 480GB SATA III SSDProduct on saleරු 16,000 -
GIGABYTE 2.5″ 240GB SATA III SSDProduct on saleරු 9,500 -
GIGABYTE 512GB M.2 PCIe NVMeරු 23,500 -
GIGABYTE 256GB M.2 PCIe NVMe SSDරු 11,500
