Google announced big price cuts for the 100GB and 1TB tiers of Google Drive cloud storage. 100GB of storage, previously £3 ($4.99), will now cost £1.19 ($1.99) per month; 1TB will be £6 ($9.99) per month down from £30 ($49.99). There has been no change in the 10TB tier which will still cost £60 ($99.99) per month.
The company introduced Google Drive cloud storage two years ago offering 5GB for free and charged of £2 ($2.49) for 25GB, £3 for 100GB, and £30 for 1TB monthly. Last year, Google boosted the free tier to 15GB of cloud storage space.
Google also revealed new plans – 20TB for £144 ($199.99) per month, and 30TB for a monthly charge of £216 ($299.99), claiming it to be “enough storage for you to take a selfie twice a day for the next 200 years and still have room left over for” less important things.
Google also revealed that users already paying for the storage will be automatically moved to a “better plan at no additional cost,” and asked them to visit the storage purchase page to make any change or to review their account.
In comparison, Dropbox charges $9.99 per month or $99 per year for 100GB and $49.99 per month or $499 per year for 500GB. For $15 per month per user, users can get an unlimited amount of cloud storage with Dropbox’s Business plan that requires that there be at least five users, making it a minimum of $75 per month.
Box personal accounts provide 10GB for free and 100 GB of space at $5 per month. Box’s Business plan offers users 1,000 GB of storage for $15 per month per user, with a minimum of three users on the plan, bringing the minimum price to $45.
Microsoft’s OneDrive (formerly SkyDrive) offers 7GB for free. OneDrive charges $25 per year for 50GB; 100GB costs $50 per year; and 200GB costs $100 per year.
Google’s offer doesn’t include discounts for full-year purchases, but just the monthly prices are low enough making Drive affordable than its major competitors.