Google Is Stirring Competition By Cutting Prices On Google Drive Cloud Storage

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Google Inc (NASDAQ:GOOG) gave a huge discount on Google Drive cloud storage service by offering 100GB for just $1.99 per month and thus reducing down the subscription prices of the by 80 percent. This move of the biggest internet search company in the world will stir a massive competition in the market. The company has given this offer at a time when most people do not prefer built-in and external drives and instead go for digital storage.

About two years ago, the company has reduced the price of this service once. On Google Drive, people have to pay $1.99 per month for 100GB cloud storage instead of $4.99 while the essential 15GB storage is free of cost. The other plan of company is also in pipeline by offering 1 TB of storage at very cheap prices. At $9.99 each month, the 1TB storage subscription will be offered which was previously cost about $49.99 per month.

So the dependent users and small businesses can enjoy this offer very well. With cost of $99.99 per month, the massive 10TB storage on Google Drive will be offered. According to Scott Johnston , Google’s director of product management, they keep all files safe whether it’s the recording of baseball games of kids, the novel on which user is working or grocery list for the week. They are able to offer services at cheaper prices that keep everything safe and easy to reach on any device with the help of fresh communications developments.

As Dropbox offers the same for $99 per year and OneDrive cloud storage of Microsoft Corporation (NASDAQ:MSFT) offers 100GB cloud storage for $49 so in comparison Google is the most inexpensive service that will create a massive competition. For $23.88 per year, the 100GB storage of Google is offered which is less than half of what other companies are offering.

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