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1.5 Perfect competition, imperfectly competitive markets and monopoly

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Question 4

Using Extract D, identify two main features of the global market for cloud infrastructure services (IaaS/PaaS) in 2023.

Extract D: Major providers supplying the global cloud infrastructure market, 2023

Service ProviderMarket share (%)
Amazon Web Services (AWS)31.2
Microsoft Azure24.5
Google Cloud10.8
Alibaba Cloud4.8
Salesforce3.6
IBM Cloud2.5
Oracle Cloud2.2
Tencent Cloud1.9
United States boutique hosts8.5
European regional hosts6.2
Others3.8
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1.5 Perfect competition, imperfectly competitive markets and monopoly Questions

  1. A Level
  2. /Economics
  3. /1.5 Perfect competition, imperfectly competitive markets and monopoly