How are data storage prices going to change in the next couple years? (leminal.space)

submitted 5 months ago by CorrodedCranium@leminal.space to c/datahoarder@lemmy.ml

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I was considering making a 30+ TB NAS to simplify and streamline my current setup but because it's a relatively low priority for me I am wondering is it worth it to hold off for a year or two?

I am unsure if prices have more or less plateaued and the difference won't be all that substantial. Maybe I should just wait for Black Friday.

For context it seems like two 16TB HDD would cost about $320 currently.

Here's some related links:

This article by Our World in Data contains a chart with how the price per GB has decreased overtime.
This article by Tom's Hardware talks about how in July 2023 SSD prices bottomed out before climbing back up predicted further increases in 2024.

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[-] Quik@infosec.pub 2 points 3 months ago

There was a race to the bottom for SSD prices that ended roughly in July 2023, leading to losses with manufacturers having to sell under production cost; this is why NAND/SSD prices increased since then and will probably only slowly start to decrease at the end of 2024. At the same time, there is very interesting technology in the making, I just read about SSDs with up to 1000 storage layers coming in the next few years. Same goes for HDDs, although less so and prices seem more predictable there; my focus for the next few years would be completely new storage methods competing with HDDs/SSDs, but I don’t think any of this will reach consumer markets at competitive prices until 2028. My prediction: HDDs will decrease like in the past years, SSDs will start really decreasing in price with the start of 2025 and it will take a few years for completely new storage methods to arrive.

this post was submitted on 17 Jun 2024

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