In this article, we are going to list the 15 biggest tech companies in the world. Click to skip ahead and jump to the 5 biggest tech companies in the world.
Technology can be defined as the application of scientific research or knowledge for practical use. Technology has made our lives easier and better in so many ways. We have a smartwatch that doesn’t only track calories burned but also acts as a phone where you can text or call. We have super smart refrigerators nowadays that have a tablet where you can customize your fridge. And then someone thought, “why don’t we have a dual-screen laptop yet?”, and boom, it’s finally here together with a dual-screen smartphone. It has become an integral part of our daily lives. Technology keeps getting better and we won't see it stopping anytime soon.
Globally, business and government purchases of tech goods and services are projected to reach more than $3,590 billion this year. One of the largest key players in the tech industry is the software segment which is projected to reach over $900 billion global value. The global technology industry includes telecommunications services, technology outsourcing, and hardware services, technology consulting and system integration services, software, electronic equipment, and computers. The continuous demand for high-end computers, software, and smartphones is fueling the growth of the industry.
With the biggest tech players in the world, how far have we become? In 2017, we discovered in our 10 Most Advanced Technologies in the World Today article about Google’s partnership with Novartis in developing digital contact lenses that could help the diagnosis of diabetic patients. Unfortunately, the project didn’t make it due to consistency problems. On the other hand, one of the biggest tech companies in the world, IBM (NYSE: IBM) partnered with Watson to develop an AI-like project that could help businesses make solid decisions, both personally and professionally, and rebranded it as “augmented intelligence”. In 2019, IBM successfully launched Cognos Analytics. It is an intelligence platform that facilitates the entire analytical cycle, from discovery to implementation.
Technology has established its role in creating innovative solutions to fight (and even adapt) climate change. According to a report in CNET News, the warming of the Arctic could cause the sea ice to disappear by 2040. SmartIce developed climate change adaptation tools that combine conventional sea ice knowledge with advanced data acquisition and remote monitoring technologies. On the other hand, biotech companies are also gaining popularity as every biggest pharmaceutical is rushing to release a vaccine for COVID-19 such as AstraZeneca (NYSE: AZN) and Pfizer (NYSE: PFE). You can learn more about companies alike in our article about the 15 Largest Biotech Companies in the World.
The pandemic is causing widespread concern and economic distress for consumers, companies, and countries all around the globe. And COVID-19 only sped up the adoption of digital technologies. According to a McKinsey Global Survey, several businesses have increased the digitalization of their supply-chain interactions and the share of digitally enabled products has displayed positive results too. Remote work, contactless payment for goods and services, distance learning, telehealth, online shopping, and robot deliveries. This is the new normal: technology-fueled businesses, goods, our life in general.
Today, the market value of the top 5 technology companies is more than $7 trillion. If these 5 companies were combined to make a sovereign nation, their combined market value would be bigger than the GDPs of all nations except the United States and China. This is just the beginning though. ARK Invest's Cathie Wood who made a name for herself by investing in disruptive technologies and generating huge returns believes artificial intelligence could add more than $30 trillion to the market capitalizations of all companies globally. Artificial intelligence is just one of the disruptive emerging technologies right now. The technological advancements in genetic testing and individualized medicine, fintech, 3D printing, energy storage, and robotics will transform our lives over the next couple of decades. The growth rate in these technologies is exponential and human mind usually can't comprehend the speed and magnitude of exponential growth (this spring when the coronavirus was spreading exponential, the number of cases were growing by 1000x over a 4 week period, but most people couldn't see that coming).
We are in the early innings of a huge technological transformation. If Cathie Wood is right about the speed of technological change, we can see the market value of biggest technology companies grow by 10x within a couple of decades. By the way, Wood's biggest stock position in her portfolio is Tesla Inc. (NASDAQ:TSLA). She believes Tesla will beat GOOGL to self-driving car dominance.
In order to provide you the most accurate ranking of the biggest tech companies in the world, we gathered the financial figures such as revenue, market cap, and assets from each of the tech companies’ financial statements available. We also excluded Chinese companies from this list as their financial records aren't reviewed by PCAOB. Some of the largest tech companies in the world are included in our 10 best tech stocks to invest in right now.
Here are the biggest tech companies in the world starting at number 15:
15. Nintendo Co Ltd.
Revenue in billion $: 11.2
Market Cap: $49.7 B
Assets: $17.5 B
Headquarter: Kyoto, Japan
Nintendo is a multinational consumer tech company in Japan that develops game consoles. The company mainly engages in the development, manufacture, and sale of entertainment products in the home entertainment field. Some of its winning products are Nintendo GameCube, Wii, and Wii U. Washington-based Nintendo of America is a wholly-owned subsidiary of Nintendo Co., Ltd. Nintendo of America is also popular for its legacy systems, NES and Game Boy.
Barone Firenze / Shutterstock.com
14. Adobe Inc (NASDAQ: ADBE)
Revenue in billion $: 11.6
Market Cap: $239.09 B
Assets: $21.2 B
Headquarter: San Jose, CA
Adobe Inc is one of the biggest tech companies in the world. The company is one of the largest developers of creating, managing, and distributing content through the cloud.
In 2019, Adobe Inc acquired Allegorithmic, the manufacturer of Substance, a tool for creating 3D textures and materials in-game and video post-production. Adobe plans to integrate Allegorithmic's Material 3D modeling software with Creative Cloud's photography, video, and motion graphics tools for video game developers, film and television visual effects makers, designers, and marketers.
Copyright: photogearch / 123RF Stock Photo
13. SAP (NYSE: SAP)
Revenue in billion $: 31.1
Market Cap: 120.82 B
Assets: $69.1 B
Headquarter: Walldorf, Germany
SAP SE offers a full range of enterprise application software and software services: from software licenses to cloud subscriptions and programs that run educational and professional services through the cloud. SAP boasts over 440,000 customers in more than 180 countries. The company also employs 101,450 people on its innovative operating sites worldwide.
In 2019, SAP acquired Qualtrics for $8 billion and Austrian-cloud giant, Emarsys for an undisclosed price to improve their overall customer experience.
12. Oracle (NYSE: ORCL)
Revenue in billion $: 39.8
Market Cap: $189.83 B
Assets: $96.7 B
Headquarter: Redwood, CA
Oracle is the second-largest software company in the world. Oracle provides IT software solutions to enterprises. The tech giant offers a variety of IT products such as analytics, autonomous database, database cloud services, and even hardware management. The most important acquisition of Oracle is Sun Microsystems with Java product lines for $7.4 billion.
11. Cisco Systems Inc (NASDAQ: CSCO)
Revenue in billion $: 51.6
Market Cap: 189.64 B
Assets: 90.4 B
Headquarter: San Jose, CA
CSCO ranks 11th in our list of the biggest tech companies in the world. Cisco Systems, Inc. is engaged in the design, manufacture, and distribution of Internet Protocol-based networking products and services related to the communications and information technology sector. The company offers products for the transport of data, voice, and video inside buildings, across campuses, and globally. Cisco has established operations in 272 office locations across 88 countries.
In July 2019, in preparation for 5G and a rise in data usage, Cisco acquired Acacia Communications Inc. for $2.6 billion.
Ken Wolter / Shutterstock.com
10. HP Inc (NYSE: HPQ)
Revenue in billion $: 58.4
Market Cap: $30.95 B
Assets: $31.7 B
Headquarter: Palo Alto, CA and Houston, TX
HP ranks 10th in our list of the biggest tech companies. Hewlett-Packard Company (HP) is one of the largest computer companies in the world along with IBM (NYSE: IBM). Its contribution to the tech industry includes hardware ranging from laptops to personal computers to supercomputers, software, networking products, printers, scanners, and maintenance and support services.
Back in 2002, HP acquired Compaq in an all-stock deal for $25 billion.
9. Facebook (NASDAQ: FB)
Revenue in billion $: 73.4
Market Cap: $776.99 B
Assets: $138.4 B
Headquarter: Menlo Park, CA
Ah, the biggest social networking site is undoubtedly one of the biggest tech companies in the world! As of the second quarter of 2020, Facebook has over 2.7 billion monthly active users. Yes, Facebook is a social networking platform where you can connect to your friends, share cute puppy posts, and sure, play browser-based games. On the business side, Facebook has a marketplace where you can buy and sell almost anything under the sun- house, car, smartphones, food products, and a lot more!
Facebook’s CEO, Mark Zuckerberg acquired Instagram for $1 billion in 2012, now worth over $100 billion, and Whatsapp in 2014 for $14 billion.
8. Intel Corporation (NASDAQ: INTC)
Revenue in billion $: 75.7
Market Cap: $189.98 B
Assets: $147.7 B
Headquarter: Santa Clara, CA
Intel Corp. is specializing in the development, manufacture, and sale of electronic software and technologies. Intel is one of the biggest tech companies in the world as it fuels the most powerful PCs and laptops with their processors and chipset products. The company also provides computers, networking, data storage, and communications networks.
In 2019, Intel Corporation acquired an Israel-based developer of deep-learning accelerators for data centers namely Habana Labs. The merger enhances Intel's portfolio of artificial intelligence (AI) and expands its efforts in the emerging, AI silicone market, which Intel anticipates to be over $25 billion by 2024.
7. IBM Corp (NYSE: IBM)
Revenue in billion $: 77.1
Market Cap: $109.95 B
Assets: $153.4 B
Headquarter: Armonk, NY
IBM ranks 7th in our list of the biggest technology companies in the world. IBM is an American computer, technology, and IT consulting corporation established in New York. IBM develops and distributes computer hardware and software and provides infrastructure services, hosting services, and consulting services in various fields from mainframe computers to nanotechnology.
IBM is super powering its cloud services as it has recently acquired a European-cloud consulting startup, Nordcloud. In 2018, IBM bought Red Hat (NYSE: RHT) for $34 billion.
6. Sony Corporation (NYSE: SNE)
Revenue in billion $: 79.2
Market Cap: $78.7 B
Assets: $208.3 B
Headquarter: Tokyo, Japan
Sony specializes in the production, design, manufacture, and sale of various types of electronic equipment, tools, and devices, technical and industrial markets, as well as game consoles and software. This year, Sony reported an approximate 2.5 million units of the game console on their launch dates.
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Disclosure: None. 15 biggest tech companies in the world is originally published at Insider Monkey.
This is the acronym for the stocks of five major American technology companies: Facebook, Amazon, Apple, Netflix and Alphabet's Google. The term was originally FANG (Facebook, Amazon, Netflix and Google).What is the biggest tech company ever? ›
- Apple. Apple, Inc. is a multinational tech company that designs and manufactures electronics and software products, including computers, tablets, and smartphones. ...
- Alphabet. ...
- Samsung Group. ...
- Hon Hai Precision Industry Co. ...
- Microsoft. ...
- Meta Platforms. ...
- Dell Technologies. ...
- Tencent Holding Ltd.
A more inclusive grouping, referred to as Big Five or GAMAM defines Google, Amazon, Meta, Apple, and Microsoft as the tech giants. All five of the GAMAM companies except Meta were the five most valuable public corporations in the world in January 2020 as measured by market capitalization, with Meta ranking 6th.How big should a tech team be? ›
To prevent silos, you then make sure that each team talks freely with each other, as well as move members around occasionally to develop their skills and career. Without necessarily being aware of Price's Law at the time, my experience was that an optimum size for a development team should be 8-10.Who is No 1 technology in world? ›
|2022 Rank||Company||Revenue Growth (2018 to 2021)|
|1||Vir Biotechnology, Inc.||125,138%|
|2||Takeoff Technologies, Inc.||53,250%|
- Amazon. Year Founded: 1994. CEO: Andy Jassy.
- Google. Year Founded: 1998. ...
- Microsoft. Year Founded: 1975. ...
- Apple. Year Founded: 1976. ...
- IBM. Year Founded: 1911. ...
- Deloitte. Year Founded: 1845. ...
- SAP. Year Founded: 1972. ...
- TCS. Year Founded: 1968. ...
As we've mentioned in previous editions of this graphic, there are two main ways that big tech companies generate revenue: They either sell you a product. Or sell you as the product to advertisers.What is the next big thing in tech 2022? ›
By 2022, multicore will be everywhere, from wearable systems and smartphones to cameras, games, automobiles, cloud servers, and exa-scale supercomputers. Silicon photonics will be a fundamental technology to address the bandwidth, latency, and energy challenges in the fabric of high-end systems.Which technologies will dominate in 2022? ›
- Artificial Intelligence. Artificial intelligence solutions are quickly finding an application in most business processes and industries. ...
- Internet of Things. ...
- Blockchain Technology. ...
- Cryptocurrency. ...
- 5G Technology. ...
- Quantum Computing. ...
- Cloud Services.
- Daqo New Energy (Ranked #4 in both revenue and total returns) ...
- Futu Holdings. ...
- FLEX LNG. ...
- Atlanticus Holdings. ...
- Palomar Holdings. ...
- Enphase Energy.
However, as a general benchmark companies should have on average between 15% and 45% of year-over-year growth. According to a SaaS survey, companies with less than $2 million annually tend to have higher growth rates.How big is too big for a team? ›
Over 40 years of research into teams by Professor Hackman at Harvard University has shown us that for most issues the most effective teams are made up of 4 to 6 people – with 10 usually being the absolute maximum.Which country is strong in technology? ›
This is because, in most areas, there is no technology competition between the two countries. There is only China's reliance on the U.S.—a far more technologically advanced nation with far more technologically advanced allies and trading partners.Which country is No 1 in education? ›
Companies like Tata Consultancy Services (TCS), LTI, Wipro, Infosys, HCL, Tech Mahindra are some of the renowned and upcoming IT powers in the global market.What is the 2nd fastest growing company in the world? ›
We are honored to have been named by Fortune as the second fastest-growing company in 2020. This recognition is a testament to OPTAVIA's unique offer and the hard work of our independent OPTAVIA Coaches.Which technology will grow in future? ›
- Computing Power. Computing power has already established its place in the digital era, with almost every device and appliance being computerized. ...
- Smarter Devices. ...
- Datafication. ...
- Artificial Intelligence (AI) and Machine Learning. ...
- Extended Reality. ...
- Digital Trust. ...
- 3D Printing. ...
According to Forbes' estimates, 332 billionaires made their fortunes in the tech industry, down from 365 last year. It has the third-most billionaires in the world, behind finance and investments, with 393 billionaires, and manufacturing, with 337 billionaires.
Thomas Edison established the Edison General Electric Company in 1890 to bring all of his various electrical interests under one name.Which tech company has most employees? ›
The biggest tech company staff listed by Companies Market Cap is Amazon at around 1.5 million employees, followed by Apple contractor Foxconn (826,600).Which technology has the brightest future? ›
- Blockchain – The Holy Grail of future security? ...
- Personal Digital Assistants – Hey Google, do all my chores for today! ...
- Cloud and Remote Computing – No need to invest in a new computer. ...
- The Array of Things (AoT) – Using data to improve societies.
Bengaluru has emerged as the world's fastest growing tech ecosystem in the world since 2016. Following Bengaluru, London, Munich, Berlin and Paris top the list too.What is the most valuable tech skill? ›
- Data Science.
- Cloud Computing.
- Artificial Intelligence.
- RPA (Robotic Process Automation)
- Augmented Reality (AR) and Virtual Reality (VR)
The source of Japan's technological advancement is undoubtedly from the youth of Japan. Statistics show that among 34 OECD countries Japanese students performance levels rank second in mathematics and first in science. Japan spends around 3.59% of GDP in public spending on education.Which country leads in artificial intelligence? ›
Countries leading the way in AI.
|United States of America||4||8.804|
The most cutting-edge military technology in the world is found in the United States of America (U.S.A.). France, China, Russia, and the United Kingdom are the other nations in the world with the most advanced military technology.Who are the big 4 tech giants? ›
As of 2021 81% of the revenues come from the advertising networks of Google. In fact, advertising generates over $209 billion dollars in revenues; no doubt that is the cash cow for Google. It is also true that the company is growing other revenue streams (such as Apps, Google Cloud, and Hardware).
Clearly, technology stocks are, in general, far less leveraged than the other stocks in the S&P 500. Debt is a cheaper source of capital than equity. So, a higher proportion of debt will lead to a lower cost of capital.What tech will we have in 10 years? ›
Human-Like AI Will Likely Become A Reality
By 2030, there will be exponential improvements of computer processing power, voice recognition, image recognition, deep learning and other software algorithms. Likewise, natural language processing technologies like GPT-3 are constantly being updated and surpassed.
Artificial intelligence (AI), cloud computing, and virtual and augmented reality (VR and AR) are among the technologies that will underpin the delivery of education in 2030. The market growth of technology in the education sector will be fueled by growing student populations and increased connectivity worldwide.What tech will we have in 20 years? ›
- The World's First Artificial General Intelligence Is Close To Becoming A Reality. ...
- Human-Like Robots Are Emerging. ...
- Smart Cities Are Emerging In Some Regions. ...
- Brain-Computer Interfaces Have Improved By Orders Of Magnitude. ...
- Bionic Eyes Are Perfected.
- Artificial Intelligence (AI)
- 6G Mobile Network.
- Autonomous Vehicles.
- Industrial Robots.
- Service Robots.
- New Energy Vehicles (NEVs)
- Renewable and Biodegradable Plastics Materials.
Many people worry about AI in our lives as they think that at the end robots will replace people and we won't have jobs for is. According to Forbes, by 2050, IoT technology will be in 95% of electronics for new product designs. And by 2050 it is expected to have everything connected to the cloud and to the internet.What is the next world changing technology? ›
Looking ahead, probably the next big leap in computing power will come from quantum computers – computers that are so fast and powerful, they could be used to complete new, previously impossible tasks that traditional computers aren't capable of.Which company will rise in future? ›
|4.||Guj. Themis Bio.||66.80|
- OnlyFans. 5-year search growth: 8,900% ...
- StackBlitz. 5-year search growth: 2,800% ...
- Linktree. 5-year search growth: 4,650% ...
- Fandom. 5-year search growth: 350% ...
- Lalamove. 5-year search growth: 530% ...
- Preply. 5-year search growth: 1,285% ...
- Labster. ...
- Oura Ring.
Over the past two years, information technology (IT), construction, personal services, food services and healthcare sustained the economy during the pandemic. The Bureau of Labor Statistics estimates that many of those industries will continue to experience exponential growth in this post-pandemic era.
The attribute used most often is number of employees; small businesses are usually defined as organizations with fewer than 100 employees; midsize enterprises are those organizations with 100 to 999 employees.What is an example of high tech company? ›
Microsoft Corp. Dell Technologies Inc. Sony Corp. International Business Machines Corp.What are the 7 big companies? ›
- Walmart (WMT) - $576 billion.
- Amazon (AMZN) - $486 billion.
- Petro China (PTR) - $443 billion.
- Saudi Aramco (2222.SR) - $394 billion.
- Apple, Inc. ( AAPL) - $388 billion.
- Level 1 - Software Engineer.
- Level 2 - Senior Engineer.
- Level 3 - Staff Engineer (alternate: Senior Staff Engineer)
- Level 4 - Principal Engineer.
- Level 5 - Distinguished Engineer / Fellow.
Large enterprises employ 250 or more people.What do big tech companies have in common? ›
- Listening: This is when views can be shared openly and your people's voices are listened to and respected. ...
- Innovation: Your teams should be able to identify issues, share their suggestions, and test ideas for change. ...
- Customer: Prioritise your customers' needs.
High-technology businesses are those engaged in securing growth and revenue from industry sectors characterized by new and rapidly changing technology.What are the top 10 most powerful companies? ›
- #1 Walmart Inc. (WMT)
- #2 China Petroleum & Chemical Corp. (SNP)
- #3 Amazon.com Inc. (AMZN)
- #4 PetroChina Co. Ltd. (PTR)
- #5 Apple Inc. (AAPL)
- #6 CVS Health Corp. (CVS)
- #7 Royal Dutch Shell PLC (RDS. A)
- #8 Berkshire Hathaway Inc. (BRK. A)
|Circuit City Stores||Silo|
|Fannie Mae||Great Western Bank|
|Gillette Company (now a Procter & Gamble brand)||Warner-Lambert Co|
A unicorn company, or unicorn startup, is a private company with a valuation over $1 billion. As of October 2022, there are over 1,200 unicorns around the world. Popular former unicorns include Airbnb, Facebook and Google.