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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SAMSUNG 980 SSD 500GB PCIe 4.0 NVMeරු 26,500.00
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Kingston 1TB NV2 M.2 2280 NVMe SSDරු 21,000.00
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Lexar NM620 2TB M.2 2280 NVMe SSDරු 38,300.00
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SAMSUNG 990 PRO SSD 2TB PCIe 4.0 NVMeරු 69,000.00
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SAMSUNG 990 PRO SSD 1TB PCIe 4.0 NVMeරු 40,500.00
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SAMSUNG 980 PRO SSD 1TB PCIe 4.0 NVMeරු 38,000.00
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Lexar NM620 512GB M.2 2280 NVMe SSDරු 13,000.00
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Lexar NM620 256GB M.2 2280 NVMe SSDරු 8,200.00
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Lexar NM610PRO 2TB M.2 2280 PCIe Gen3x4 NVMe1.4 SSDරු 37,500.00
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Lexar NS100 512GB 2.5” SATA III SSDරු 11,900.00
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Lexar NS100 1TB 2.5” SATA III SSDරු 21,000.00
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Product on saleLexar NS100 256GB 2.5” SATA III SSDOriginal price was: රු 7,700.00.රු 7,500.00Current price is: රු 7,500.00.
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Lexar NM620 M.2 2280 1TB NVMe SSDරු 21,000.00
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Gigabyte AORUS PCIe NVMe M.2 2280 Gen4 2TB SSDරු 59,000.00 +18% VAT
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Gigabyte Aorus Gen4 7300 2TB NVMe SSDරු 67,000.00