In recent years, technology has emerged as the most influential industry. Reshaping economies around the world by setting new standards and propelling revolutionary shifts in all aspects of commerce. Trying to imagine a world without technology is a difficult task. Also, get to know, what companies are in the technology field.
Our list of the top 20 technology businesses in the world by revenue. It includes software, hardware, electronics manufacturing, artificial intelligence, semiconductors, internet and related services, and electronic commerce.
Here are some of the most successful technology companies in the world:
It is widely assumed that the vast majority of these multinational technology corporations are headquartered in the United States. However, in a stunning turn of events. A number of Asian firms are now among the world’s top ten technology firms, posing formidable challenges to their American counterparts. According to our research, these are the top 20 technology companies in the world as of 2023.
Apple (274.51 billion dollars)
Apple Inc., headquartered in Cupertino, California, will earn $274.51 billion in 2021. That makes it the world’s most profitable business and most valuable brand. In 1976, Steve Wozniak, Ronald Wayne, and Steve Jobs founded the company.
Apple’s meteoric rise to prominence began with tremendous success in the personal computer market before expanding into the mobile phone market. Apple Inc. began by producing only laptops and iPhones. But it has since expanded into many other product categories, including smartwatches, iPod tablets, televisions, and accessories.
Millions of Apple users around the world eagerly await the release of new products. Often waiting in line for hours at Apple retail locations. Apple is widely regarded as a corporate icon, and its product line has received widespread acclaim.
Samsung Electronics ($202.73 billion)
Samsung Electronics, headquartered in Seoul, South Korea, is the world’s largest manufacturer of mobile phones.
This multinational corporation not only manufactures batteries, IC chips, hard discs, image sensors, cameras, and other electronic components. But it also constructs aircraft engines, turbines, ships, and insurance.
Samsung’s major brands, include the Galaxy S, Z, and Note Series. It accounts for 40% of the company’s revenue, positioning it as Apple Inc.’s main competitor in the mobile phone category.
Alphabet’s capitalization ($182.52 billion)
Google is a well-known brand among internet users worldwide. However, Alphabet Inc, an American multinational corporation, owns Google LLC and other Google-affiliated companies. Google Inc. of California will control 91.9% of the global search engine market by 2022.
Alphabet funds cutting-edge projects such as autonomous vehicles, Calico. However, a company dedicated to researching ways to extend human life, the Nest smart home system, and many others. Google was founded in 1998 by Larry Page and Sergey Brin. Both Stanford University students, and has since grown to become one of the most trusted names in the technology industry.
Foxconn valued at $1819 billion
It was founded in 1974 and headquartered in New Taipei City, and is a Taiwanese contract manufacturer of electronic components. However, Foxconn employs 1.29 million people worldwide and is China’s largest private employer.
Foxconn, which has been in business since 1974, manufactures electronic goods that are customised for each individual seller.
Among the company’s notable products are the aforementioned tablets and smartphones, as well as the Kindle, Nintendo, BlackBerry, Google Pixel, Redmi phones, PlayStation, and others.
Microsoft ($143.01 billion)
The Microsoft brand is extremely valuable, and the company is the world’s largest by market capitalization. Nobody does software for personal computers better than Microsoft. It was founded in 1975 by Bill Gates and Paul Allen and has since become the undisputed industry leader. It’s safe to say that Microsoft profited handsomely from the Windows operating system.
Microsoft is heavily investing in future-facing technologies such as blockchain, machine learning, AI, and cloud computing under Satya Nadella’s leadership.
Also read: Taking a Look at The Convenience of Mobile Phones, Can We Live Without Them?
