Microsoft has announced that OneDrive has received a massive storage increase. Free users will now be bumped from 7GB of free storage to 15GB, while Office 365 subscribers will get 1TB of storage space.
"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," Microsoft stated in an official blog post today.
Office 365 Home subscribers will receive 1TB of storage per person while Office 365 Personal and University will get 1TB per subscription.
Microsoft has also dropped OneDrive storage prices by over 70%. "Of course, we also want to give you as much flexibility as possible, so if you need more storage, but don’t need an Office 365 subscription, we will also still provide monthly subscription storage options – at dramatically reduced rates. The new monthly prices will be $1.99 for 100 GB (previously $7.49) and $3.99 for 200 GB (previously $11.49)," Microsoft explained.
These price drops and storage increases will take effect next month. Current subscribers will automatically be moved to the newer lower price.