HDD has been in vogue for a very long time but this mechanical hard drive technology is now considered outdated in face of the new, cutting-edge solid-state drives (SSDs). SSD is faster and far more reliable as compared to HDD and we did a detailed post showing how SSD is preferable to HDD in many different aspects.
One of the chief opposition that SSD faces, at times, is that it is pricier than HDD. Given the fact that SSD is a relatively newer technology, this is only natural. However, as more and more time passes and more competitors start offering SSD, its prices are coming down.
According to a detailed analysis of popular SSD model and their prices since 2011, it has been revealed that the prices have dipped by a significant 46%. That’s a huge figure, within a time span of less than two years.
The analysis took into consideration mostly Intel SSDs since Intel is leading the charge by offering many different models of SSD. The company didn’t take a bite out of its Intel 320 Series SSDs since these drives make use of Intel’s very own controller. But its other models, such as Intel 520 series, fell in their prices once the competition grew fiercer in the SSD industry.
Just to give you an idea, the price of Force Series GT models fell by a whopping 49-55% whereas those of Vertex 3s fell by 56-73%. The m4 SSD model from Crucial has been around for more than a year. But its price has also steadily drowned and in all, it has been its price dip by 57-64%.
These are really good news for the consumers since as competition grows, it is inevitable that prices of SSD come further down and eventually, we will be able to afford even large-sized SSDs for a nominal price.
Source: Tech Report