Owing to increasing competition in the cloud storage market, Microsoft has more than doubled its free cloud storage and Office 365 subscription. The company is offering 15 GB of free storage to subscribers, matching the amount of free storage Google Drive offers. Earlier, Microsoft offered only 7GB of free storage.
Our data tells us that 3 out of 4 people have less than 15 GB of files stored on their PC. Factoring in what they may also have stored on other devices, we believe providing 15 GB for free right out of the gate – with no hoops to jump through – will make it much easier for people to have their documents, videos, and photos available in one place.
OneDrive Group Program Manager Omar Shahine, wrote in company blog post.
Microsoft is also increasing the storage limit for Office 365 subscribers to 1 Terabyte, up from the previous 20GB. Office 365 Home, Personal, and University users will get 1TB of OneDrive storage for $9.99 per month, $6.99 per month and $74.99 for four years respectively.
The pricing updates will take effect in the next month, and current subscribers will automatically be moved to the new prices. OneDrive competes with players like Google Drive, Dropbox, Amazon Cloud Drive. In March, Google slashed the prices of Drive monthly storage plans.