Recently we are seeing the tech sector leading the 100 most valuable brands in the top brand lists of Forbes. Technology has restructured in a major way in the past few years. The world’s 10 largest tech companies have a combined estimate of more than $5.7 trillion. Below are the top 10 largest tech companies in the world.
Apple
Apple is the most profitable company in the tech sector. It is one of the most lucrative companies in the world. The company was established on April 1, 1976, by Steve Wozniak, Ronald Wayne, and Steve Jobs. The range of “Apple” products is so wide, it includes smartphones, computers, laptops, tablets, smartwatches, home speakers, TVs and has millions of loyal fans around the globe. Its market value is around $2 trillion with a brand reputation which no other company has. The annual revenue of “Apple” is $274.5 billion and has over 137,000 employees. Apple holds the current highest market cap figure of $1.98 trillion.
Microsoft
According to the Forbes list, Microsoft is the second-best tech company. It was founded in 1975 by Bill Gates and Paul Allen. This valuable tech company deals in computer software, personal computers, and consumer electronics. Its annual revenue is $143 billion and consists of 153,439 employees. Its market value is $1.10 trillion It also topped the $1trillion mark. It has a market capitalization of more than $1.6 trillion. Microsoft offers operating systems for computers, servers, phones, and many other gadgets. It is well known for its Windows and Office Suite Software. MS today is a trillion dollars company that creates cost-efficient technologies.
Google is one of the 5 largest technology companies in the US and the third-largest in the world. It was reshaped in October 2015, under Larry Page and Sergey Brin’s leadership. The annual revenue of “Google” is $161.8 billion. It includes online advertising technologies, search engines, and cloud computing. It consists of a total of 118.899 employees. It is one of the largest tech companies used worldwide with a market cap of $1.19 trillion.
IBM
International Business Machines Corporation is an American technology company with more than 350,000 employees and serving clients in 170 countries. IBM is one of the largest tech companies that make business hardware and software. It is also referred to as “Big-Blue”. It offers software and Information Technology solutions. Its market value is $120. 83 billion and revenue is $77 billion. This tech company launches products like cloud computing, AI, hardware, and software.
Tencent
Tencent is one of the world’s largest gaming companies. It is mostly known for its web portal and instant messaging services in Chine but worldwide it gained popularity after releasing the most successful game of last year PUBG Mobile. It is a Chinese multinational tech company, established in 1998. More than 1 billion people actively use Tencent’s online services every day. It consists of 62,885 employees in total. Tencent has an annual revenue of $57.414 billion. The products included in Tencent’s tech company are the Internet, Search Engines, Social Networking, Web Portals, AI, and e-commerce with a market cap of $732 billion.
The second most accessed tech company after Google is “Facebook”. It was launched in 2004 by Mark Zuckerberg. It has a market value of $552.39 billion. Facebook consists of 48,268 employees. The annual revenue for Facebook is $70.7 billion and has loads of other projects as this also boasts up Instagram, WhatsApp, Messenger, Oculus VR. It is one o f the fastest-growing businesses with 2 billion+ daily visitors on its social media platforms.
Samsung
Samsung Electronics Co. Ltd was incorporated in 1969. Its market value is $298.68 billion USD. It runs three divisions: consumer electronics, information technology, and mobile communication. Today, Samsung is the world leader in smartphones and appliances and is growing stronger day by day. It has a total of 105,257 employees. The annual revenue of “Samsung” is $197.691 billion. It is best known for its Galaxy series smartphones.
Amazon
Amazon was established in 1994 by Jeff Bezos. This company amassed close to$280 billion. Amazon started off as a market place for ebooks, which has now risen to gigantic labels. It has a total of 840,000 employees which is the highest number of employees in the tech sector. Amazon has the most expensive stocks where one Amazon share is about $3,000. This has the highest revenue count on the list. The main products of the company are shopping services.
Intel
Intel Corporation is one of the world’s largest and highest-valued tech company which is well known for its high-performance processors used in PCs. Its net income is $22.7 billion and its annual revenue is $75.7 billion. It provides flash memory, programmable semiconductors, and processors for notebooks. It also offers a platform for cloud, enterprise, and communication with a market value of $245.82 billion.
Adobe
Adobe Inc is an American multinational computer software tech company. Adobe’s popular products are: Adobe Photoshop, Adobe Illustrator, Adobe XD Acrobat. The annual revenue of “adobe” is $11.17 billion and Adobe Photoshop is used by 90% of the world’s creative professionals. These products help in videos and graphic editing, creating new designs developing websites. Adobe has more than 21,000 employees worldwide. Adobe recently announced it will spend $1.5 billion to acquire Workfront.
