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So over just a 12-month period, a 25% drop in its user base, while Box showed a 54% increase and Google Drive a 51% increase.ĭropbox needs to boost its conversion rate to paid users Photo: Shutterstock Low conversion rate
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That may sound like a fairly healthy market share, but compare it with the previous year: Dropbox 63.8%, Google Drive 17.8%, OneDrive 11.6% and Box 6.8%. In terms of market share on mobile devices, as of March 2017, Dropbox had 47.3%, Google Drive 26.9%, OneDrive 15.3% and Box 10.5%, according to a survey by CloudRAIL. Google Drive gives users 15GB of free storage, while Microsoft’s OneDrive and Apple’s iCloud both offer 5GB before charging kicks in. Other competition, of course, comes in the shape of heavyweights Google, Microsoft and Apple, who are not solely reliant on income from cloud storage. Box has just 44 million registered users, but a greater penetration of the paying corporate market and a higher revenue base. It has competition, too, in the shape of older rival Box, which launched in 2005. Google Drive has been eating into the Dropbox user base Photo: Shutterstock Competition
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US30 US Wall Street 30 (USA 30, Dow Jones)
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