Dropbox integrates with Microsoft, Zoom, Slack and Google and a number of other applications. The revenue went up to 141.80 million in the second quarter,146.10 million in the third quarter, and 157.90 million by the last quarter of. Subscription-based revenue models seem to work quite well, coming ahead of in-app purchasing in terms of per-app revenues.

The revenue from the U.S has also been increasing since then. Its revenue from the U.S stood at 129.90 million in the first quarter of 2017. Other features include file version history, shared folders and links, file transfer, watermarking, comments and annotations, notifications, file encryption, and a host of other features that enable teams to work virtually and seamlessly. The revenue for the first quarter of 2020 was 219.40 million. Dropbox uses a freemium business model, wherein users are offered a free account with a set storage size and paid subscriptions for accounts with more capacity. The service allows users to create a folder on their desktop, laptop, phone or other internet-connected device and sync this with its cloud-based storage.

While it became 106 per user in the year 2018. ( Forbes) The average revenue generated from the paid service segment was 93 in 2015, and it rose to as much as 101 in 2017. ( Forbes) By the end of 2018, the numbers touched 2.4 for the paid users of Dropbox. Amazon Prime members receive unlimited storage for photos. In the year 2017, the numbers increased to 2.1 for the paying users. Amazon cloud storage is geared toward consumers.Its first tier of paid services starts at $1.99 per month for 100 GB of storage. Every Google account comes with 15 GB of free storage.Box, its nearest competitor, has 70.6 million registered users and approximately 13.4 million paying customers.enlyft industry research shows that Dropbox has a market share of about 24.08 compared to leading competitors Google Drive, Microsoft OneDrive and WebDrive. Our usage data goes back 6 years and 10 months.

Dropbox has more than 600 million registered users and 14.3 million paying subscribers. Dropbox is most often used by companies with 10-50 employees & 1M-10M in revenue.

Dropbox developer revenue share