SSD prices witness a sharp decline in 2012

Solid State Drive prices went for a sharp decline in this year 2012 and is estimated that the cost per gigabyte price reduction was down by 300% in the last three years. As a result, some SSD models are now being offered at $1/GB, unlike $3/GB till last year.

As per the latest report released by IHS iSuppli, SSD prices witnessed a sharp decline of 20% in early 2012 and in the second half of 2012 the price slash was reduced by 10% furthermore. This may be due to the fact that the availability of SSD was directly proportional to its demand.

SSDs are now being offered for 80- 90 cents/GB of capacity and the price reduction is said to reach furthermore by early 2013”, said Ryan Chien, IHS SSD and Storage Analyst. He added that, in the past couple of years, there has been an oversupply of SSD and so this is said to be the primary reason for the price slash.

In 2010, the average price of SSD was $3/GB and now it has been reduced to almost $99 cents/GB. In the year 2010, the capacities were rarely above 128GB and now they are also being pushed over to 600GB.

Despite the fact that hard drive prices remain high and SSD prices are decreasing, the cost per GB for largest capacity SSD is nine times more expensive than a hard drive of equivalent capacity.

There is no decline in the quality of SSDs as today they are much more reliable, have greater endurance and also perform better than in 2009.

Coming to the companies offering SSDs, Intel and Samsung are the two market leaders occupying number one and number two positions. OCZ, Micron, and Kingston are following these solution providers in their respective positions of number 3, 4 and 5.

Samsung, Toshiba, Intel, Micron, and Sandisk are the active players who are shipping SSDs to the PC manufacturers.

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