Now is the time to buy an SSD if you want the cheapest prices according to latest market research

Solid-state drives are becoming cheaper and cheaper every year and 2019 is looking to be even better for consumers. According to market researchers at DRAMeXchange, 512 GB and 1 TB SSDs have a good chance of falling below 10 cents per GB by the end of the 2019. Average prices for consumer SSDs have been falling for six quarters straight by 15 to 26 percent and 16 to 37 percent for SATA SSDs and PCIe SSDs, respectively.

The source is attributing the steep price drops to slowing sales of PCs, smartphones, and data centers and an oversupply of NAND flash in the global marketplace. While prices will likely continue to decline, NAND manufacturers are expected to reduce production in response to the declining demand. In other words, don't expect prices to free fall at this same rate again in the near future.

A quick search on Newegg for a 512 GB M.2 PCIe SSD shows a handful of options selling for just $60 USD each. While still about two to three times more expensive than a typical 500 GB mechanical hard drive, the performance gains are monumental and indubitably worth the investment in almost all usage scenarios. Perhaps not coincidentally, many laptop deals nowadays include primary 512 GB SSDs in lieu of the usual 1 TB HDD. If you're in the market for a new PC or a new SSD for your existing computer, then this season would definitely be a good time to make the jump.