SSD prices set to plummet, so now could be a great time to upgrade

Solid state drives (SSDs) are set to become even cheaper over the course of 2023, and with storage capacities rapidly increasing, their high read/write speeds mean that the traditional hard disk drives (HDDs) – traditionally capable of storing more data, but marred by larger form factors and mechanical parts prone to failure – may be getting closer to extinction.

A new report from market research firm Trendforce (via Tom’s Hardware), has projected following enterprise-spec SSDS falling anywhere between 13 and 18 percent in price in Q2 2023, bargain hunters can expect the price to drop a further 5 to 10 percent in Q3.

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This post originally appeared on TechToday.