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SSDs will be 50 percent more expensive by 2024

  • January 3, 2024
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The increased price of NAND memory will soon be noticeable. In the near future, SSDs are expected to become up to half the price. The price of SSDs

SSD

The increased price of NAND memory will soon be noticeable. In the near future, SSDs are expected to become up to half the price.

The price of SSDs will explode in the coming year. Chinese analysts conclude that this is consistent with Gartner’s forecasts at the end of this year. The market has long suffered from overproduction, which has depressed prices and profits. Manufacturers can now remedy the situation by adapting production more closely to the increased demand. The result is price increases of up to 55 percent for the NAND memory that SSDs are made of.

Price increase for everyone

These increases will be passed on. SSDs are already a lot more expensive in wholesale, so you can assume that the price for the end customer will also rise quickly. For the coming quarters, Trendforce predicts a price increase of 40 percent, while other sources speak of 50 percent.

In any case, the consensus is that flash storage is becoming significantly more expensive. If you are planning a purchase, it is better to invest now rather than within a few months.

Source: IT Daily

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