Dropbox SWOT Analysis, Competitors & USP

Posted in IT & Technology, Total Reads: 5426

SWOT analysis of Dropbox analyses the brand/company with 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 and industry. Dropbox is one of the leading brands in the IT & Technology sector. The table below also lists the top Dropbox competitors and elaborates Dropbox market segmentation, target group, positioning & Unique Selling Proposition (USP).

Dropbox SWOT, Competitors, Marketing STP & Brand analysis Table
Dropbox Brand Analysis
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
Segment

All Internet Users

Target Group

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

Dropbox SWOT Analysis
Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Dropbox. Strengths are:

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

Weaknesses

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

Opportunities

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

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 Competition
Competitors

Below are the top 3 Dropbox competitors:

1. Google Drive

2. SkyDrive

3. SugarSync

The brandguide table above concludes the Dropbox SWOT analysis along with its marketing and brand parameters.

Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Dropbox. The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than 6000 brands from over 20 categories. This SWOT and marketing analysis has been researched & authored by our BrandGuide Research Team members.

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