Top 10 Largest Technology Companies in the World
CachHayNhat - The technology industry is one of the highest paying industries in the world. It combines many fields, all often based on the use of Information Technology (IT). Many aspects of our daily lives are supported by modern innovations made by these IT and technology companies, such as the way we communicate with others.
In fact, the biggest tech companies often have several revenue streams from different sectors and branches in the IT industry as a whole. The biggest tech companies earn billions of dollars annually through these various revenue streams, including the sale of their consumer products and online services.
The following list ranks the largest technology companies in the world today based on each company's latest revenue numbers.
The 10 largest technology companies in the world:
2. Samsung - Revenue: 221.6 billion USD
3. Foxconn - Revenue: 178.1 billion USD
4. Alphabet - Revenue: 161.9 billion USD
5. Microsoft - Revenue: 143.0 billion USD
7. Dell Technologies - Revenue: $92.2 billion
8. Hitachi - Revenue: 89.4 billion USD
The 10 largest technology companies in the world:
1. Apple
Revenue: $261.2 billion
Established: 1976
Headquarters: Cupertino, California, USA
Main technology products/services: Household electronics, Software, Online services
Apple products are among the most recognizable globally. Sales from iPhones, MacBooks and other devices are the tech giant's biggest source of revenue, but online services like the App Store and iTunes Store are also very profitable. IT companies also constantly participate in new technology industries and fields, always aiming for the high-end segment of each market.
Apple is not only among the biggest tech companies, the Apple brand is also among the most valuable in the world. As a result, Apple is constantly making headlines on the stock market. And outside of the stock market, the company is a mainstay in share CFD trading along with other tech giants like Alphabet, Inc. and Microsoft. This market allows even more investors to trade on Apple's success as it continues to outperform its competitors and reports consistently strong growth. All of this adds up to multiple strong revenue streams for the California-based IT company.
2. Samsung
Revenue: 221.6 billion USD
Established: 1938
Headquarters: Suwon, Gyeonggi Province, Korea
Main technology products/services: Consumer electronics, Medical technology
Samsung we are Apple's biggest competitor in the field of consumer electronics. The South Korean tech company actually has an even broader portfolio in the consumer electronics market than Apple. However, Samsung is a leading manufacturer of TVs, hard drives, cameras, and more. Like Apple, smartphone sales are still Samsung's biggest source of revenue. Outside of the consumer electronics market, Samsung has also managed to establish itself as a leader in the medical technology market.
3. Foxconn
Revenue: 178.1 billion USD
Established: 1974
Head office: New Taipei City, Taiwan
Main technology products/services: Household electronics (manufacturing services)
Foxconn may not have a well-known brand name like tech companies like Apple or Samsung, but the Taiwanese company is actually the largest supplier of electronic equipment manufacturing services in the world. Famous products such as iPhone, Kindle or PlayStation are manufactured by Foxconn factories. In fact, most of the tech and IT companies in this ranking are Foxconn customers. So while the company may not be making its own products, as long as companies like Apple and Sony are selling their products, Foxconn's business should be stable as well.
4. Alphabet
Revenue: 161.9 billion USD
Founded: 2015 (via Google restructuring)
Headquarters: Mountain View, California, USA
Main technology products/services: Internet search engine, Software, Cloud computing, Consumer electronics, Online services
Most people know Alphabet, Inc. formerly known as Google, Inc.. In 2015, Google Co-Founder Larry Page announced that the IT company would restructure as Alphabet Inc., a multinational technology corporation with other businesses with original search engine. and other internet related services. Today, Alphabet Inc. is part of a $1 trillion club of companies with a trillion-dollar market value. Alphabet Inc. is one of the most sought after stocks by investors, as the IT giant and tech giant continues to develop innovative technology in its various branches.
5. Microsoft
Revenue: 143.0 billion USD
Established: 1975
Headquarters: Redmond, Washington, USA
Key technology products/services: Software, Consumer Electronics, Cloud Computing
Microsoft is the largest software company in the world known for its Windows and Office brands that are installed in nearly one billion computers worldwide. Even computers that don't use Windows use the Office suite of products that include Microsoft Word and Microsoft PowerPoint. It is a clear demonstration of dominance thanks to years of experience in developing products that consumers need and trust every day. But Microsoft today is more than just a software company. It is a growing and broad portfolio technology company, established in the consumer electronics industry (including the video game industry) as well as cloud computing.
6. Huawei
Revenue: 123.0 billion USD
Established: 1987
Head office: Shenzhen, Guangdong, China
Main technology products/services: Household electronics, Telecommunications technology
As a relatively young technology company, Huawei is quickly becoming a formidable competitor to older technology companies, especially in the consumer electronics market. The Chinese information technology company is mainly known for its high-tech yet affordable smartphones that are now sold worldwide and are a stiff competitor to Apple and Samsung. Huawei is also a major telecommunications equipment manufacturer and provides a wide range of telecommunications services. As such, this technology company is now a leading global equipment supplier to upgrade the world's mobile network standard to the new 5G technology standard (at least in countries that are not banned from doing so). so due to espionage concerns).
7. Dell Technologies
Revenue: $92.2 billion
Founded: 2016 (through merger of Dell, Inc. and EMC Corporation)
Headquarters: Round Rock, Texas, USA
Main technology products/services: Consumer electronics, Software, Cloud computing
Dell Technologies is the result of a 2016 merger between Dell and EMC Corporation. The former is known for computers and related technologies, while the latter is considered one of the best kept secrets in the information technology industry. EMC Corporation developed data storage services as well as data management hardware and software before officially partnering with Dell to form the company today known as Dell Technologies. This Texas-based technology company still primarily develops Laptops and PCs, but has since branched out into providing software, network security, information security services, and storage services as well. cloud storage.
8. Hitachi
Revenue: 89.4 billion USD
Established: 1910
Head office: Tokyo, Japan
Main technology products/services: Telecommunications technology, Information systems
Auto parts, construction machinery, digital vehicles and telecommunications - Hitachi provides technology services to a large number of different industries. The 100+ year old Japanese traditional rich company is today one of the highest earning IT companies in the world and the largest without any significant share in the consumer electronics market. use. While this can damage the tech company's overall brand identity, Hitachi is well known and valued in the corporate world. Their IT strategies are focused on corporate settings, with cutting-edge technology such as cloud solutions and big data analytics. Given the scope of Hitachi's business, it's no surprise that it ranks among the top ten largest IT companies on the planet.
9. IBM
Revenue: 77.1 billion USD
Established: 1911
Headquarters: Armonk, New York, USA
Key technology products/services: Artificial Intelligence, IT Infrastructure, Cloud Computing
Founded more than a century ago, IBM is today one of the most original, most innovative, and of course still one of the biggest technology companies in the world. The company is a leader in many rapidly growing technology areas with huge future potential, but first and foremost is Artificial Intelligence (AI). As one of the first IT companies in history, IBM is to this day a leading manufacturer of several IT infrastructure components.
Although their revenue fell slightly in the second quarter of 2020, the company is still growing overall, thanks to newer revenue streams like cloud computing services.
10. Sony
Revenue: 76.0 billion USD
Established: 1946
Head office: Tokyo, Japan
Main technology products/services: Household electronics, Medical technology, Biotechnology
Sony is another globally recognized Japanese technology corporation. Sony belongs to the leading consumer electronics manufacturers, with leading market shares in various product categories, including the company's very successful entry into the video game market. However, the IT company has also recently ventured into many other industries with huge future growth potential, most notably in the biotech and medical technology sectors.
Top 10 Biggest Tech Companies in the World
(as of October 2020)
TOP 10 TECHNOLOGY COMPANIES IN THE WORLD:
1. APPLE - Revenue: $261.2 billion
2. SAMSUNG - Revenue: 221.6 billion USD
3. FOXCONN - Revenue: $178.1 billion
4. ALPHABET - Revenue: 161.9 billion USD
5. MICROSOFT - Revenue: 143.0 billion USD
6. HUAWEI - Revenue: 123.0 billion USD
7. DELL TECHNOLOGIES - Revenue: 92.2 billion USD
8. HITACHI - Revenue: 89.4 billion USD
9. IBM - Revenue: $77.1 billion
10. SONY - Revenue: 76.0 billion USD
The largest technology companies / IT companies in the world by annual revenue. Companies that are primarily active in other businesses (such as online retailers like Amazon, which is also an IT company) are not counted here.
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