In today’s world, technology is the most powerful sector which is shaping the world economy by setting new trends and driving transformational changes across all business segments.
We have compiled a list of the world’s top 20 companies by revenue that is primarily associated with the tech industry which includes software, hardware, electronics manufacturing, artificial intelligence, semiconductors, internet and related services, and e-commerce.
The 20 biggest Tech Companies are…
1. Apple – $274.51 Billion
Apple Inc, a Cupertino-based American tech company is the world’s most profitable company and most successful brand with a revenue of $274.51 billion dollars as of 2021.
Apple was initially engaged in the segment of the personal computer which later grew exponentially after its huge success when it entered the mobile phone segment.
Apple has a big fan base of millions of users across the world who stand for hours together outside Apple stores to grab its products during their launch. Apple is one of the most admired brands in the history of corporate America.
2. Samsung Electronics – $200.73 Billion
Samsung is Seoul, South Korea-based multinational electronics company which is the world’s largest mobile phone manufacturing company.
It is a big conglomerate that not only makes electronics devices such as batteries, IC chips, hard disk, image sensors, cameras, etc. but also ships, aircraft engines, turbines, and life insurance.
3. Alphabet – $182.52 Billion
It is most likely that people who use the internet have definitely heard about Google.
Alphabet Inc, an American multinational company is the parent company of Google LLC and several other subsidiary companies.
California-based Google Inc. is the undisputed leader in the search engine segment worldwide with a market share of 91.9% as of 2022.
4. Foxconn – $181.94 Billion
Foxconn is a Taiwanese electronics contract manufacturing company headquartered in New Taipei City.
Foxconn is one of the world’s largest employers providing employment to 1.29 million workers across the globe and it is the largest private-sector employer in China.
Foxconn which was founded in 1974, caters to almost all major brands and manufactures customized electronic products as per the requirement by the vendor.
5. Microsoft – $143.01 Billion
Microsoft is one of the most expensive brands in the tech industry and also the second-largest company in the world.
Microsoft, which was founded in the year 1975 by Bill Gates and Paul Allen, is the world leader in the field of the personal computer software market.
The Microsoft Windows operating system was a runaway success that generated huge profits for the company.
6. Huawei – $129.18 Billion
Huawei Technologies is a Chinese technology company that is a consumer electronics manufacturer and caters to the telecom industry.
Huawei designs develop and sell telecommunications equipment to world telecom major companies like British Telecom, Motorola, Bell Canada, Vodafone, etc.
Huawei which was founded in the year 1987 by Ren Zhengfei started reselling private branch exchange (PBX) in its initial years.
7. Dell Technologies – $92.22 Billion
Dell technology is an American tech major specializing in the personal computers market.
Dell offers a huge range of products which includes servers, data storage devices, network switches, computer accessories, SmartTV, cameras, printers, etc.
Founded by Michael Dell in the year 1984, Dell Technologies is known for its innovations in supply chain management and direct sales e-commerce model.
8. Meta Platforms – $85.96 Billion
California-based Meta Platforms Inc, the parent company of social media giant Facebook is the world’s most popular social networking site.
Facebook was founded by Mark Zuckerberg in the year 2004 and has acquired many social media companies like Instagram, WhatsApp, and Oculus in the recent past.
9. Sony – $84.89 Billion
Sony Group Corporation also referred to as Sony is a Japanese consumer electronics conglomerate. It is one of the world’s largest consumer electronics makers and the world’s largest video game console company and publisher.
Sony commands a lion’s share of 55 percent in the image sensor market. Sony is the world’s largest manufacturer of image sensors and the second-largest camera manufacturer. In the premium TV segment, Sony TV is a world leader.
10. Hitachi – $82.34 Billion
Hitachi, Ltd is a multinational technology conglomerate from Japan having a business interest in Information Technology, Artificial Intelligence, the Internet of Things, and big data.
Tokyo-headquartered Hitachi was founded by Namihei Odaira in 1910 who started making induction motors used for copper mining.
11. Intel – $77.86 Billion
Intel Corporation is a US-based multinational technology company that is the world leader in the semiconductor chip segment by revenue.
Intel has a long pipeline of products which includes Central processing units (CPU), Microprocessors, Integrated graphics processing units (iGPU), Systems-on-chip (SoCs), Motherboard chipsets, Modems, Wi-Fi, Bluetooth, etc.
12. IBM – $73.62 Billion
International Business Machines Corporation which is commonly referred to as IBM is a US-based multinational technology having operations in more than 171 countries.
IBM’s main focus is on Research and Development having record annual patents filed by the company in the US for almost 28 consecutive years.
13. Tencent – $69.86 Billion
Tencent is a Chinese conglomerate tech company that is also a venture company and an investment holding company.
Tencent Holdings is a significantly large company not only in the gaming industry but also in various other segments where it operates like mobile games, music, web portals, e-commerce, Internet services.
14. Panasonic – $63.19 Billion
Panasonic Corporation which was formerly known as Matsushita Electric Industrial Co is a Japanese major consumer electronics company that was a world leader until the late 20th century.
Panasonic has a wide range of products like electronics products like rechargeable batteries, Television, home appliances, and automotive and industrial systems with an interest in construction and real estate.
15. Lenovo – $60.74 Billion
Lenovo is a Chinese multinational technology company that designs, develops, manufactures, and sells PC, Tablets, Smartphones, Servers, Supercomputers, IT management software, and Smart televisions.
As of 2022, Lenovo is the world’s largest personal computer vendor by unit sales.
16. HP Inc. – $56.63 Billion
HP Inc. is a Palo Alto-based US tech major which is a world leader in the PC and printer segment. HP was earlier known as Hewlett-Packard.
HP manufactures Personal Computers, Printers, Scanners, 3D printing solutions, and related supplies.
17. LG Electronics – $53.62 Billion
LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea.
Since 2008, LG Electronics remains the world’s fourth-largest LCD television manufacturer. The company has 128 operations worldwide.
18. TSMC – $51.44 Billion
Taiwan Semiconductor Manufacturing Company, Limited (TSMC) is Taiwan based multinational company that manufactures semiconductors. It is Taiwans’ largest company located in Hsinchu Science Park in Hsinchu.
TSMC is the world’s most valuable company in the semiconductor segment. TSMC was founded in the year 1987 by Morris Chang and it is presently owned by foreign investors.
19. Cisco – $49.80 Billion
Cisco Systems, Inc. is an American tech giant headquartered in San Jose. Cisco designs and manufactures networking hardware equipment, software, telecom equipment, etc.
Cisco has specialization in niche tech markets like the Internet of Things (IoT), domain security, and energy management.
20. Xiaomi – $47.7 Billion
Xiaomi Corporation is a Chinese electronics major which was founded just ten years back in April 2010. MI phones are its flagship product in the smartphones segment.
Xiaomi sells tech products like Smartphones, Smartwatches, SmartTV, Laptops, and consumer products like home appliances, bags, shoes, etc.