In comparison, the older rates on Google Drive were $4.99 per month for 100GB and $49.99 per month for 1TB. The new plans massively undercut rival players and is likely to set off a price war. DropBox, for instance, offers 100GB for $9.99 per month, 200GB for $19.99 per month, and 500GB for $49.99 per month. Also Read - Google brings new delete policy for Drive files from October 13
Apple iCloud is priced at $18 per year for a 10GB upgrade over a free 5GB account, $36 per year for a 20GB upgrade, and $90 per year for a 50GB upgrade. Microsoft’s OneDrive, on the other hand, offers 7GB of storage free. Over that a 50GB upgrade costs $25 per year, 100GB $50 per year and 200GB for $100 per year.
The price war is reminiscent of the email storage space war that started soon after the launch of Gmail. Before Gmail, most webmail service providers like Yahoo and Hotmail used to provide a few megabytes of free storage. Google had introduced Gmail with free 1GB storage.