Office buildings by F. Muhammad from Pixabay

30 Biggest Tech Companies in The World


 

The technology industry is one of the most rapidly evolving and dynamic sectors of the modern economy. New companies and products emerge all the time making it one of the most lucrative industries as well.

It is also one of the largest, with the top technology companies in the world generating trillions of dollars in revenue each year. These companies are at the forefront of innovation, shaping the way we live, work, socialize, move around, and even how we spend our free time through their products and services.

In this essay, we will take a closer look at the 30 largest tech companies in the world. To do this we will highlight their revenue, market capitalization, brand value, and the number of employees. There is no particular order as to what position each company takes.

1. Apple

Apple logo by DMS WIKI – Wikimedia Commons

Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services.

The company is best known for its hardware products such as the iPhone, iPad, MacBook, and Apple Watch, as well as for its software products such as the iOS, iPadOS, macOS, watchOS, and tvOS operating systems, and iTunes, App Store, iBooks Store, and Mac App Store.

It is one of the most valuable and recognizable tech companies in the world. The company generated revenue of over $394 billion in 2022. As of January 2023, Apple has a market capitalization of $2.142 trillion.

The company has a strong brand value and is considered one of the most innovative companies in the tech industry. Apple had around 164,000 employees as at the end of 2022.

2. Microsoft

Building 92 at Microsoft Corporation headquarters in Redmond, Washington by
Coolcaesar – Wikipedia Commons

Microsoft Corporation is an American multinational technology company headquartered in Redmond, Washington. It develops, licenses, and sells computer software, consumer electronics, and personal computers and services.

The company’s most popular products include the Windows operating system, the Microsoft Office suite of productivity software, and the Internet Explorer and Edge web browsers. Microsoft is one of the most successful and diversified tech companies in the world.

In 2022 Microsoft reported $198 billion in revenue and $83 billion in operating income. Microsoft’s market capitalization stands at $1.76 trillion as of January 2023.

Microsoft is a well-established brand with a strong reputation for developing and providing software products and services. Microsoft has employed over 220,000 people around the globe.

3. Amazon

Doppler building, Amazon’s headquarters in Seattle by SounderBruce – Wikipedia

Amazon is a multinational technology company based in Seattle, Washington. It is known for its e-commerce platform, which allows customers to purchase a wide range of goods and services online.

The company also offers a range of other services, including streaming media, cloud computing, and artificial intelligence. Amazon is considered one of the largest and most valuable companies in the world, and its e-commerce platform is the largest online retailer in the world by revenue.

The company generated revenue of $502.191 billion for the twelve months ending September 30, 2022. Amazon’s market capitalization stands at $958.55 billion as of January 2023.

Amazon is best known for its Amazon.com e-commerce platform and its Amazon Web Services cloud computing division. The company has a strong brand value and is considered one of the most innovative companies in the tech industry. Amazon has over 1.5 million employees.

4. Alphabet (Google)

Googleplex Headquarters, Mountain View, US by The Pancake of Heaven! – Wikipedia

Alphabet Inc. is a multinational conglomerate headquartered in Mountain View, California, that serves as the parent company of Google and several other subsidiaries. Google is the most well-known subsidiary of Alphabet and is a leading technology company that specializes in Internet-related services and products.

These include search engines, online advertising technologies, cloud computing, software, and hardware. Google’s search engine is the most widely used in the world, and the company also offers a range of other popular products and services such as Gmail, Google Maps, YouTube, and Google Assistant.

In 2022, Google reported revenue of 256.7 billion U.S. dollars in the 2022 Fiscal year. The company has a market capitalization of around $1.26 trillion as of January 2023. Google has around 140,000 employees as of the 2022 records.

5. Facebook

Zuckerberg (co-founder of Facebook) at the World Economic Forum in Davos, Switzerland (January 2009) by World Economic Forum – Wikipedia

Facebook is an American online social media and social networking service based in Menlo Park, California. The company was founded in 2004 by Mark Zuckerberg, Andrew McCollum, Chris Hughes, and Eduardo Saverin.

Facebook is one of the most popular social networking platforms in the world and allows users to connect with friends, family, and even businesses through sharing photos, videos, and posting updates about their lives. The platform also allows users to join or create groups, pages, and events, and to interact with businesses and organizations.

In the 2022 fiscal year, Facebook generated revenue of over $100 billion. Its market capitalization as of January 2023 stands at $562.19 billion. This makes Meta (Facebook), the 6th most valuable company when ranked through the market cap. 

Facebook is best known for its eponymous social networking platform, as well as its Instagram and WhatsApp messaging apps. The company has a strong brand value and is considered one of the most innovative companies in the tech industry. Facebook has around 76,000 employees as of November 2022.

6. Alibaba

Alibaba Group Headquarters by Thomas LOMBARD – Wikimedia commons

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet, and technology. The company was founded in 1999 by Jack Ma and is headquartered in Hangzhou, Zhejiang.

Alibaba is considered one of the largest and most valuable technology companies in China and is often compared to Amazon and eBay. In 2022 int generated revenue of $131.368 Billion. The company also has a market capitalization of around $317.33 billion as of January 2023.

Alibaba is best known for its Taobao and Tmall e-commerce platforms, as well as its Alipay payment service and Alibaba Cloud computing division. Alibaba has around 250,000 employees worldwide.

7. Tencent

Tencent headquarters in the Nanshan District of Shenzhen, China by Charlie Fong – Wikipedia

Tencent Holdings Limited is a Chinese multinational conglomerate holding company founded in 1998. Subsidiaries of Tencent specialize in various Internet-related services and products, entertainment, artificial intelligence, and technology both in China and globally.

The company is headquartered in Shenzhen, Guangdong. It operates in various industries including social media, video games, music, e-commerce, mobile payment systems, and more.

Tencent is one of the most successful technology companies both in China and globally. In 2022, the company generated revenue of over $80 billion. As of January 2023, Tencent’s market capitalization of stands at $436.09 billion.

Tencent is best known for its WeChat messaging app and QQ instant messaging service, as well as its gaming division and Tencent Cloud computing division. There are around 90,000 Tencent employees of Tencent globally.

8. Samsung

The Samsung headquarters by Oskar Alexanderson – Wikimedia Commons

Samsung is a South Korean multinational electronics company with its headquarters located in Seoul, South Korea. It is known for its smartphones, TVs, and a variety of home appliances including refrigerators and washing machines to name a few.

Samsung is considered one of the largest and most valuable technology companies in the world. It is considered one of the top players in the tech industry.

In 2021, Samsung generated revenue of $240.71 billion. Its market capitalization stands at $335 billion as of January 2023. Samsung has around 300,000 employees all over the world.

9. Intel

2200 Mission College Boulevard in Santa Clara, California. Intel headquarters by Coolcaesar – Wikimedia Commons

Intel Corporation is an American multinational technology company headquartered in Santa Clara, California. It is known for designing, developing, and manufacturing computer processors and related technologies for business and personal computers.

Intel’s processor technology is considered some of the most advanced in the industry. Its x86 microprocessors are found in most personal computers. In addition to processors, Intel also designs and manufactures other computer components. These include; motherboards, network interface controllers and integrated circuits, graphics chips, embedded processors, and devices related to communications and computing.

The company also has a strong presence in the Internet of Things (IoT) market, providing technologies and solutions for a wide range of applications.  It generated revenue of around $66 billion in the 2022 fiscal year. Its market capitalization stands at $120.59 billion as of January 2023. Intel has around 120,000 employees globally.

10. Cisco Systems

Building 10 of the Cisco San Jose Main Campus, headquarters of Cisco’s executive offices by Travis Wise – Wikipedia

Cisco Systems, Inc. is an American multinational technology company headquartered in San Jose, California. It designs, manufactures, and sells networking equipment and other high-technology services and products.

Cisco is best known for its networking products, such as routers, switches, and security systems, which are used by businesses, governments, and other organizations to build and maintain computer networks.

It generated revenue of $52.289 billion in 2022. It has a market capitalization of $192.17 billion as of January 2023. Cisco has a strong brand value in its market niche and the technology industry. It is considered one of the most innovative companies in the industry. Cisco has around 85,000 employees around the globe.

11. Oracle

Oracle Offices in Redwood Shores, with Oracle Plaza building in the left foreground by moppet65535 – Wikipedia

The Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood City, California. The company specializes in developing and marketing computer hardware systems and enterprise software products, particularly its own brands of database management systems.

Oracle’s product portfolio includes a wide range of enterprise software, including databases, middleware, applications, and cloud services, as well as hardware products like servers, storage, and engineered systems.

It generated revenue of $42.4 billion in 2022 and has a market capitalization of $235.24 billion as of January 2023. Oracle has a strong brand value and is considered one of the most innovative companies in the tech industry. Oracle has around 140,000 employees around the world.

12. IBM (International Business Machines Corporation)

The IBM Building (590 Madison Avenue), at 57th Street and Madison Avenue in Midtown Manhattan by Tdorante10 – Wikimedia Commons

IBM (International Business Machines Corporation) is an American multinational technology company headquartered in Armonk, New York. It is one of the oldest and largest technology companies in the world.

IBM is best known for its mainframe computers, but it has a wide range of products, including servers, storage systems, software, cloud services, artificial intelligence, quantum computing, and blockchain.

It generated revenue of over $60.533 billion in 2022 and has a market capitalization of $126.56 billion as of January 2023. There are around 300,000 people who work for IBM globally.

13. SAP

SAP Headquarters Building by MichaelBr90 – Wikimedia Commons

SAP SE is a German multinational software corporation that makes enterprise software to manage business operations and customer relations. The company is headquartered in Walldorf, Baden-Württemberg, Germany.

It is known for its ERP (Enterprise Resource Planning) software, which is used by organizations to manage their business operations, such as finance, human resources, supply chain, and logistics.

In 2022 SAP SE generated revenue of $33.018 billion and has a market capitalization of $139.27 billion as of 2023. SAP has around 107,000 employees.

14. Siemens

Siemens HQ in Munich St. Martinstr by Rufus46 – Wikimedia Commons

Siemens AG is a German multinational conglomerate company founded in 1847 and headquartered in Munich. It is the largest industrial manufacturing company in Europe with branch offices abroad.

The company operates in the following industries; energy, healthcare, and infrastructure & cities sectors. Siemens is known for its wide range of products and services, which include power generation and transmission, medical imaging, transportation systems, building technologies, and automation and control systems.

It generated revenue of $78.037 billion and has a market capitalization of $122.11 billion as of January 2023. Siemens has around 300,000 employees in the world.

15. HP

Hewlett-Packard headquarters in Palo Alto, California by LPS.1 – Wikimedia Commons

HP (Hewlett-Packard) is an American multinational information technology company headquartered in Palo Alto, California. Founded in 1939, it is one of the oldest technology companies in the world and has a diverse range of products and services. They include personal computers, printers, imaging equipment, software and services, and other technology-related products and services.

HP is best known for its personal computers and printers. In 2022, it generated revenue of $62.983 billion and has a market capitalization of $27.4 billion as of January 2023. HP has a strong brand value and is considered one of the most innovative companies in the tech industry. HP has around 56,000 employees.

16. Dell

Dell Headquarters by Jjpwiki – Wikimedia Commons

Dell Technologies is an American multinational technology company. The company has its headquarters in Round Rock, Texas. It is known for its wide range of personal computers and enterprise-class hardware, software, and services.

In 2022, Dell generated revenue of $101.197 billion and has a market capitalization of around $28.83 billion as of January 2023. Dell is considered one of the leading manufacturers of personal computers and servers in the world. There are over 130,000 Dell employees as of 2022.

17. Huawei

Huawei expo at IFA 2018 in Berlin by Matti Blume – Wikipedia Commons

Huawei Technologies Co. Ltd. is a Chinese multinational technology company headquartered in Shenzhen, Guangdong province. The company specializes in developing and manufacturing telecommunications equipment, consumer electronics, and mobile devices.

Huawei is considered the largest telecommunications equipment and smartphone manufacturer in the world. It generated revenue of around $92 billion in 2022 having peaked in 2019 with revenue of $122 billion. Huawei’s market capitalization stands at around $70 billion.

Huawei has a strong brand value and is considered one of the most innovative companies in the tech industry. Huawei has around 190,000 employees.

18. Baidu

Headquarters of Baidu by N509FZ – Wikimedia Commons

Baidu, Inc. is a Chinese multinational technology company headquartered in Beijing. It is the largest Chinese language search engine and is known as “China’s Google”.

The company also provides other products and services such as the Baidu App, Baidu Maps, Baidu Encyclopedia, and Baidu Baike. Baidu has a strong brand value, associated with reliability, quality, and trust. It is considered one of the most valuable technology companies in China and the world extensively.

In the 2022 fiscal year, Baidu generated revenue of $18.915 billion. Its market capitalization stands at $46.90 billion. Baidu has around 45,000 employees.

19. Lenovo

New HQ building of Lenovo Group by N509FZ – Wikimedia Commons

Lenovo Group Limited is a Chinese multinational technology company with headquarters in Beijing, China, and Morrisville, North Carolina, United States. The company is known for its personal computers, smartphones, servers, and other electronic devices.

Lenovo is considered one of the largest and most valuable technology companies in the world. It is known for its strong focus on innovation and for its ability to provide integrated solutions for businesses and organizations.

In 2022, Lenovo generated revenue of $70.865 billion and has a market capitalization of $9.64 billion as of January 2023. Lenovo has around 75,000 employees as of 2022.

20. Broadcom

Corporate headquarters of Broadcom by en:User:Coolcaesar – Wikimedia Commons

Broadcom Inc. is an American multinational semiconductor company. The company has its headquarters in San Jose, California. Broadcom designs and sells a wide range of semiconductor and infrastructure software products.

The company has a reputation for reliability, quality, and security, and for its ability to provide integrated solutions for businesses. Broadcom is also known for its strong focus on research and development and for its investment in new technologies such as 5G, artificial intelligence, and the Internet of Things (IoT).

It generated revenue of $33.203 billion in 2022 and has a market capitalization of around $238.52 billion as of January 2023. Broadcom has around 20,000 employees.

21. Qualcomm

Qualcomm headquarters in San Diego by Coolcaesar – Wikimedia Commons

Qualcomm is an American multinational semiconductor and telecommunications equipment company. With headquarters in San Diego, California, Qualcomm is known for its wireless communication technologies. This includes mobile phone chipsets, modems, and other wireless technologies.

Qualcomm is considered one of the leading companies in the mobile processors and wireless communication technology industry. It generated revenue of $44.2 billion in 2022 and has a market capitalization of around $137.77 billion as of January 2023. Qualcomm has around 51,000 employees.

22. Texas Instruments

TI signboard at its facility in Dallas by Texas Instruments – Wikimedia Commons

Texas Instruments Inc. (TI) is an American technology company headquartered in Dallas, Texas. It designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globally.

TI generated revenue of $20.19 billion in 2022 and has a market capitalization of $157 billion in 2023 January. Texas Instruments has around 30,000 employees.

23. General Electric (GE)

A General Electric neon sign by Bubba73 – Wikimedia Commons

General Electric (GE) is an American multinational conglomerate corporation headquartered in Boston, Massachusetts. The company operates in various industries, including aviation, energy, healthcare, transportation, and finance. GE is known for its wide range of products and services, which include jet engines, wind turbines, power generation equipment, medical imaging equipment, and financial services.

GE generated revenue of $75.073 billion and has a market capitalization of $84.87 billion as of January 2023. There are over 300,000 people employed by the GE conglomerate.

24. Fujitsu

Shiodome City Center, Fujitsu’s HQ by Kakidai – Wikipedia

Fujitsu Limited is a Japanese multinational IT equipment and services company headquartered in Tokyo, Japan. It is one of the leading IT service providers in Japan. Fujitsu provides a wide range of products and services such as IT consulting, technology services, and outsourcing.

It generated revenue of $29.477 billion in 2022 and has a market capitalization of $27.59 billion as of January 2023. Fujitsu has over 130,000 employees.

25. Sony

Sony headquarters by Shuichi Aizawa – Wikimedia Commons

Sony Corporation is a Japanese multinational conglomerate corporation with its headquarters in Tokyo, Japan. The company operates in various industries, including electronics, gaming, entertainment, and financial services. Sony is known for its wide range of products and services, which include consumer electronics, video games, music, and movies.

The company has a strong reputation for reliability, quality, and security and for its ability to provide integrated solutions for businesses. Additionally, Sony is also known for its strong focus on research and development, and for its investment in new technologies such as virtual reality, artificial intelligence, and IoT.

This tech giant generated revenue of $83.815 billion during the 2022 fiscal year. Its market capitalization stands at $110.9 billion as of January 2023. Sony has around 110,000 employees.

26. Toshiba

Toshiba Corporation Headquarter, Tokyo/Japan, at night. Shot from Tokyo Tower by Unknown Author – Wikimedia Commons

The Toshiba Corporation is a Japanese multinational conglomerate corporation headquartered in Tokyo, Japan. The company operates in various industries, including energy, electronics, infrastructure, and healthcare.

Toshiba is known for its wide range of products and services, which include power generation equipment, consumer electronics, medical equipment, and industrial equipment.

It generated revenue of $26.626 billion in 2022 and has a market capitalization of $15.16 billion as of January 2023. Toshiba has around 120,000 employees.

27. Panasonic

Panasonic Corporation Headquarters in Kadoma-shi, Osaka, Japan by Pokarin – Wikimedia Commons

The Panasonic Corporation is a Japanese multinational electronics corporation headquartered in Osaka, Japan. The company operates in various industries, including consumer electronics, appliances, automotive, and industrial solutions.

Panasonic is known for its wide range of products and services, which include televisions, cameras, home appliances, automotive parts and batteries, and industrial equipment.

In 2022 it generated revenue of $65.76 billion and has a market capitalization of $20.71 billion as of January 2023. Panasonic has around 250,000 employees.

28. LG

Korea, Seoul, Yeouido-LG building by themaum – Wikimedia Commons

LG Electronics Inc. is a South Korean multinational electronics corporation with headquarters in Seoul, South Korea. LG’s product portfolio includes a wide range of consumer electronics such as televisions, smartphones, home theater systems, and home appliances.

The company is a major player in the home appliances market, with a wide range of products including air conditioners, refrigerators, washing machines, and microwave ovens.

 In 2022 LG generated revenue of $64 billion and has a market capitalization of around $13.27 billion as of January 2023.

LG has a strong brand value and is considered one of the most innovative companies in the tech industry. There are over 36,000 people in LG’s employ.

29. Hitachi

Nippon Life Tokyo Headquarters, Hitachi Ltd. Headquarters by Kakidai – Wikimedia Commons

Hitachi, Ltd is a Japanese multinational conglomerate corporation headquartered in Tokyo, Japan. The company is known for its wide range of products and services, which include information technology equipment, transportation systems, power generation equipment, construction machinery, and consumer products.

It generated revenue of $91.355 billion in the 2022 fiscal year and has a market capitalization of $48.23 billion as of January 2023. As of 2022, Hitachi has over 360,000 employees.

30. Nokia

Nokia HQ by pikkuanna – Wikimedia Commons

Nokia Corporation is a Finnish multinational telecommunication, IT, and consumer electronics company. Its headquarters are located in Espoo, Finland.

It is known for its mobile phones, network infrastructure, virtual reality technology, and other telecommunications equipment.

In 2022, Nokia generated revenue of over $25.50 billion and has a market capitalization of $26.08 billion as of January 2023.

Nokia has a strong brand value and is considered one of the most innovative companies in the tech industry. Nokia has around 90,000 employees.

These 30 companies are some of the most successful and influential tech companies in the world. They generate trillions of dollars in revenue and employ millions of people. They are also responsible for some of the most innovative and disruptive technologies of our time, from smartphones to cloud computing, to artificial intelligence.

These companies are sure to continue shaping the future of technology and the world at large. Note; this is not an ordered list but rather a highlight of some of the biggest tech companies.