Top 10 Biggest Tech Companies In The World
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. It is really very difficult to imagine the world without Technology.
We have compiled a list of the world’s top 10 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.
It is obvious for many people to think that most of these big tech companies are US-based. However, there has been phenomenal change off late wherein few Asian companies are also featured in the tech top ten giving tough competition to their US counterparts.
Top 10 Biggest Tech Companies in The World 2023
- Apple
- Samsung
- Alphabet Inc
- Foxconn
- Microsoft
- Amazon
- Meta
- Dell
Here goes our list of the Top 10 Biggest Tech Companies in the World as of 2023:
1. Apple – $274.51 Billion
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Apple Inc, a Cupertino-based American tech company is the world’s most profitable company and most successful brand with revenue of $274.51 billion dollars as of 2021. It has been founded in the year 1976 by three tech wizards – Steve Wozniak, Ronald Wayne, and Steve Jobs.
Apple was initially engaged in the segment of the personal computer which later grew exponentially after its huge success when it entered into the mobile phone segment. Apple Inc which started with Laptops and iPhones has now diversified into a wide range of products like Smartwatch, iPod tablets, Television, Accessories, etc.
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.
Samsung is the biggest competitor to Apple Inc’s in the mobile phone segment with its flagship brands like Galaxy S, Z and note Series, etc which contributes 40% to the top line of the company.
3. Alphabet – $182.52 Billion
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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.
Alphabet invests in interesting & innovative projects like self-driving cars, life-extension R&D company Calico, smart home project Nest, etc. Google, one of the most trusted tech companies founded by Larry Page and Sergey Brin in 1998 when they were studying at Stanford University.
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.
Some of the notable products made by the company are iPad, iPhone, Kindle, Nintendo, BlackBerry, Google Pixel, Redmi phones, PlayStation, etc.
5. Microsoft – $143.01 Billion
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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. Amazon
One of the Big Five American info-tech companies is the international technology business with headquarters in Seattle, Washington, and Arlington, Virginia.
The company, which Jeff Bezos founded in 1994, offers services like cloud computing, digital streaming, e-commerce, and artificial intelligence.
The corporation offers the following online services: Amazon.com, Amazon Luna, Amazon Alexa, Amazon Appstore, Amazon Music, Amazon Pay, as well as Amazon Prime, with an estimated revenue of 469.8 billion USD for the year 2021.
Over 30 companies, including Amazon Air, and over 1.6 million employees work for Amazon.com. One of the biggest tech businesses in the world, Amazon is well-known all over the world.
7. Meta
Mark Zuckerberg, Dustin Moskovitz, Andrew McCollum, Chris Hughes, and Eduardo Saverin launched Meta Platforms, Inc., often known as Facebook Inc., in January 2004. The corporation, which has its headquarters in Menlo Park, California, the United States, is well-known for social networking, social network advertising, and consumer electronics. have total control over Facebook, WhatsApp, Instagram, and many other platforms. In 2021, Meta generated a staggering US$117.929 billion in sales.
8. Dell
Dell is a computer firm based in the United States that offers its goods and services to customers all around the world. The international technology corporation designs, markets, fixes, and provides support for computers. The firm, which was established in 1984 by Chairman and CEO Michael Dell, is well-known throughout the world for its incredible technology products, including personal computers, smartphones, servers, peripherals, and televisions.
The business will generate around 101.6 billion USD in yearly revenue in 2021, making it one of the largest IT businesses in the world.
