However, 2019 was a bleak period for Dropbox. There has been a stable rise in the worth of the company since then. ( Forbes)ĭropbox went public in the year 2014. While it became $106 per user in the year 2018. The average revenue generated from the paid service segment was $93 in 2015, and it rose to as much as $101 in 2017.By the end of 2018, the numbers touched 2.4% for the paid users of Dropbox.
In the year 2017, the numbers increased to 2.1% for the paying users.In the year 2015, there were less than 1.4% of users who paid for the Dropbox services availed.In Q1 of 2018, there was a noticeable increase of 28% increase in revenue due to these increased numbers of users.In the year 2017, there were 9.3 million users.In the year 2018, there were around 11.5 million users.But to provide limited free access is important to get people to cultivate the habit of using the cloud services, and when their needs increase, they will convert to paid services with time. The users who pay for the services are the original revenue generators, and as for the others, there is only expenditure for giving services and maintaining data. Number of Dropbox Android App installations as on Mais more than 500 million ( PlayStore).In the year 2016, 500 million Dropbox apps had installed.There are around 1.2 billion files uploaded daily on the Dropbox by users.In November 2019, there were as many as 400,000 teams that were using the Dropbox business version.By the beginning of 2020, there are more than 600 million users of Dropbox.The following information will give usage statistics of Dropbox from 2016 to 2020. One of the best ways to determine the success of a portal is going by its number of usages. In October 2009, the company changed its name as Dropbox Inc.In October 2009, it acquired ( Wikipedia).The official domain name of Dropbox was.The official launching of Dropbox was in 2008, during the TechCrunch Disrupt.Evenflow secured seed funding from Y Combinator.In May 2007, Drew Houston funded Evenflow Inc.During one demo session, he met Arash Ferdowsi, who showed great interest in the project and became a partner of the company. in May 2007 and started screening demos, explained how the business model work and its future growth projection, etc. 400 billion pieces of content uploaded to Dropboxīefore Dropbox coming into existence, Drew Houston founded Evenflow, Inc.Dropbox has over 600 million users as of Q3 2019.
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