It has built a reputation of being one of the Y Combinator’s most successful investments to date, with a valuation of around USD 12B and acquisition of 25 firms including HelloSign, CloudOn, Predictive Edge, and Droptalk.ĭropbox is available both in the form of a website interface and Android and iOS mobile applications and provides users with a free space of 2GB on cloud. The company has received the Crunchie Award for the Best Internet Application in 2010, Editor’s Choice Award for Software by MacWorld in 2009, and more. A Basic Information about Dropboxįounded in 2007 by Drew Houston and Arash Ferdowsi, Dropbox is a file hosting service that provides ample of options to audience, including cloud storage, personal cloud, file synchronization, and client software. And then, look into how to build a Dropbox like app from technical perspective. With this covered, let’s have a brief introduction to Dropbox. So, let’s have a look of which all brands are ruling the Cloud storage market. Something which will simplify your path to step into the market and make higher profits.īut, but, but…before we focus entirely on Dropbox, it is good to know about other top players in the market too. Here, we will talk about Dropbox – one of the popular names in the cloud storage market, take an account of its features and tech stack, and eventually, determine the Dropbox-like app development cost. Now, considering these numbers, if you are thinking of investing in cloud storage app development, this article will be a good read for you. The outcome of which is that the cloud storage market is expected to rise from $21.17B in 2015 to $97.41B by the year 2022. They made it easier to share and access all of the data anytime and anywhere – and that too in an affordable manner. These platforms offered a convenient way to store a heap of data at the same place replacing external memory spaces. People used to spend hefty amount on buying, managing, and exchanging these external memory spaces to share data with each other.īut then cloud storage platforms took over the market. There was a time when transferring data from one device to another was a hassle. “Do you have a pen drive, Hard Disk, or CD – I have to copy these important files to my device?”
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