It expects half of that growth to be organic, and the remaining half to come from its recent takeover of DocSend. It believes integrating those services will enable it to create an 'end-to-end suite of secure, self-serve products for content collaboration, sharing, and e-signature.'ĭuring Dropbox's latest conference call, CEO Drew Houston noted there was rising demand for those 'seamless' collaboration services among freelancers and small-to-medium businesses, and declared 'there's never been a better time in history to be building collaboration software.' A stable outlook for the futureĭropbox expects its revenue to rise about 11% this year.

To differentiate itself in this crowded market, Dropbox acquired the e-signature start-up HelloSign in 2019 and the secure document sharing company DocSend earlier this year.

Those growth rates indicate Dropbox isn't falling behind its biggest competitors, which include Box ( BOX -1.03%) and tech giants like Microsoft ( MSFT -1.71%), Alphabet's ( GOOG -4.39%) ( GOOGL -4.28%) Google, and Amazon ( AMZN -5.51%).

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