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Hard drives are expected to be lowered in price.

  • December 15, 2022
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Backblaze experts predicted a drop in the price of hard drives. This was reported on the company’s blog. Cloud storage company analysts have studied the average cost of

Hard drives are expected to be lowered in price.

Backblaze experts predicted a drop in the price of hard drives. This was reported on the company’s blog.

Cloud storage company analysts have studied the average cost of hard drives over the past 13 years. The company stressed that in 2009 Backblaze purchased hard drives at a rate of $0.11 per gigabyte. In 2017, the cost of a gigabyte dropped to $0.03. Currently, this indicator has reached $0.014.

Backblaze experts noted that from 2009 to 2022, the cost of hard drives used in data centers dropped by 87 percent. The largest decline has been recorded in the last five years. According to analysts, by 2025, the average cost of one gigabyte when purchasing HDDs with a volume of 22 and 24 terabytes will be $ 0.01.

According to experts, consumers are now buying solid state drives more often because conventional hard drives are cheaper. However, HDDs are more suitable when storing large amounts of data.

Source: Port Altele

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