Despite being affected by the sudden outbreak of coronavirus, technology remains one of the few industries with the highest influence on the global economy. Well, that would have been impossible without the efforts of some tech companies like Apple, Microsoft, Alphabet, and many more. According to a recent list by Forbes, the Cupertino-based giant company is currently the largest tech company in the world, with a brand value of 320.4 billion U.S. dollars. Alphabet sits on the second position in the world, with a brand value of 273 billion U.S. dollars. In case you’re interested in reading about the list of the top 10 largest tech companies in the world, we have one for you below.
Here Is The List Of Top 10 Largest Tech Companies In The World
10- Oracle ($37.26 Billion)
Oracle, founded in 1977, is a California-based multinational computer technology corporation. By revenue and market capitalization, the company was the second-largest software company in the world in 2019. Also, talking about the company’s services, it offers cloud computing services, enterprise software products, and database software. Oracle is tenth on the list of top 10 largest tech companies in the world because of its contribution to the tech industry. In 2019, the company made $10.8 billion in profits. It currently has a total market value of $166 billion.
Cisco Systems is a California-based technology company that manufactures and sells telecommunications equipment and networking hardware software. Currently, the company sits on the ninth position on the list of top 10 largest tech companies in the world in 2020. That’s because of the company’s contribution to the tech industry, which made it to generate about $11.1 billion in profits last year. Apart from that, the company has a brand value of $90.4 billion and a market capitalization of $195 billion.
International Business Machines (IBM), founded in 1911, is the oldest tech company on this list. With its headquarters in Armonk, New York, the company offers services relating to cloud computing, artificial intelligence, computer hardware, and computer software. Currently, IBM has a total assets value of $153.1 billion and a total market cap of $108 billion. With that, it sits on the eighth position on the list of top 10 largest tech companies in the world.
7- Tencent Holdings
Tencent Holdings, founded in 1998, is a China-based tech company that offers various services, including artificial intelligence. The company, which has its headquarters based in Nanshan District, Shenzhen, is on this list because of its contribution to the tech industry. As of 2019, Tencent Holdings was able to generate about $54.1 billion in revenue.
Facebook, launched in 2004, is a California-based tech company that offers social networking services. It’s one of the most popular companies in the world and owns a few apps, including Facebook, Messenger, WhatsApp, and Instagram. In 2019, the company was able to generate about $73.4 billion in revenue, with $21 billion in profits. Also, its current market value is up to $680 billion. As such, it’s the sixth on the list of top 10 largest tech companies in the world.
Currently, Intel sits on the fifth position on the list of top 10 largest tech companies in the world. That’s mostly because of its great contribution to the tech industry. As of 2019, the Santa Clara-based chipmaker was able to generate a total of $75.7 billion in revenue. Apart from that, it was also able to generate around $22.7 billion in profits.
4- Samsung Electronics
Samsung Electronics, founded in 1969, is a South Korean multinational company that offers various technology-related services and products. Apart from that, it’s one of the most popular manufacturers of smartphone devices in the world. Currently, it’s the fourth-largest tech company in the world. As of 2019, the company was able to generate a total of $197.6 billion in revenue, with $18.4 billion in profits. Also, it has a total brand asset of $305 billion.
When it comes to software, Microsoft remains one of the leading manufacturers in the world. The company, founded in 1975 by Bill Gates and Paul Allen, is known to sell software products like Microsoft Windows, Office suite, and Internet Explorer. In 2019, the Redmond-based tech company was able to make $46.3 billion in profits, out of its $138.6 billion revenue. Currently, with a market value of $1.42 trillion, the company sits on the third position on the list of top 10 largest tech companies in the world.
Alphabet, founded in 2015 by Sergey Brin and Larry Page, is the parent company of Google. In 2019, the giant tech company was able to generate $166.3 billion in revenue, with $34.5 billion in profits.
Talking of the company’s asset, it has a total brand value of $273.4. With that, the California-based company sits on the second position on the list of top 10 largest tech companies in the world.
Apple, founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, is a Cupertino-based company that manufactures and sells computer software, electronics, and online services. In 2019, the company set a record, becoming the first company to reach a market capitalization of $1 Trillion. Apart from that, the company also generated about $58 billion in profits last year. Furthermore, talking of its assets, it has a total brand value of $320.4 billion.