Week 2: Group Discussion-market structure and characteristics of the cloud store market

cloud storage technology market:

1. It's close to a monopolistic market. Many sellers like Baidu, 360, Ali and many other small companies are offering similar cloud storage services. 

2. characteristics:

-concentration: Baidu Cloud(benefit , Tencent Cloud, 360 Cloud(big storage), Kingsoft Cloud, 163 Net Ease Cloud, Huawei Cloud, Jianguo Cloud, Xunlei Kuaichuan(sharing), etc.

-Differentiation:

(1)Technology: uploading speed, storage capacity, safety

(2)Product: They specialize in different features: personal/corporate

-Barrier to entry: high cost for equipment, regulatory policy

-Cost Structure: 

(1)fixed: technical costs

(2)variable: labor fee, advertising, branding 

-Vertical Integration: N/A

Siyu Chai
Wei Li
Shuangyi LI
Zhixin Zhang
Yinting LI