Dropbox SWOT Analysis, Competitors & USP

Published by MBA Skool Team, Last Updated: April 12, 2020

SWOT analysis of Dropbox analyses the brand by its strengths, weaknesses, opportunities & threats. In Dropbox SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like Dropbox to benchmark its business & performance as compared to the competitors. Dropbox is one of the leading brands in the IT & Technology sector.

The article below lists the Dropbox SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Dropbox SWOT Analysis:

SWOT Analysis of Dropbox

For Dropbox, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.

Dropbox Strengths

The strengths of Dropbox looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Dropbox :

1. High user base – more than 300 million users

2. Easy installation process and also multi-language support

3. Available on multiple platforms

4. High awareness among internet users

5. Simple design & user friendly interface

6. Innovative service – replacement of USB drive

7. Strong financials

Dropbox Weaknesses

The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Dropbox SWOT Analysis:

1. Smaller space for free version compared to Google drive

2. Security of customers data on cloud is still a concern


Dropbox Opportunities

The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Dropbox SWOT Analysis:

1. People are in need of an easy way to transfer files

2. Rapid technological development

3. Research and development for Service expansion – Opportunity to expand to new services

4. Increasing internet penetration and number of smartphone users

Dropbox Threats

The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Dropbox are as mentioned:

1. Intense competition

2. Changes in government regulation – Server location issues raised by few governments

3. Changes in consumer tastes – continuous improvement is needed – Else it will become obsolete soon

4. Availability of substitute products

5. Security and privacy issues


Dropbox Competitors

There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Dropbox:

1. Google Drive

2. SkyDrive

3. SugarSync

Hence this concludes the Dropbox SWOT analysis.

Continue reading more about the brand/company.

About Dropbox

Dropbox Overview
Parent Company

Dropbox Inc

Category

Application - Online virtual storage utility

Sector

IT & Technology

Tagline/ Slogan

Simplify your life

USP

Ability to share files and photos

Dropbox STP
Segmentation

All Internet Users

Target Market

Working professionals, Students and personal users

Positioning

Good things happen when your stuff lives here

Dropbox keeps your files safe, synced, and easy to share


This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

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