Proof Point
Average magnetic storage price fell drastically from $437,500 per gigabyte in 1980 to $0.019 in 2016, a 99.99% decline
Average Cost of Magnetic Storage per Gigabyte
1980 – 2016 (US$)
Proof Point Findings
- Hard Drive Storage – Device in computer that stores installed software and files
- Declining Cost – Cost of hard drive declined from $437,500 per gigabyte in 1980 down to $0.019 in 2016, a 99.99% decrease
- Key Drivers – Include continuously advancing magnetic storage technologies, rapidly expanding consumer and business demand for data storage solutions, and proliferation of next-generation storage devices
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Accelerator |
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Sector |
Information Technology
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Source |
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Date Last Updated |
October 5, 2017
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