There was a time when a 5 MB hard drive was so big that it had to be transported through a boat. Now we have a phone weighing 200gm in our pocket that can do calculations just as fast as a traditional computer. So it’s safe to say that technology has come a long way since its inception. In the process, it has made some companies a worldwide success and filthy rich.
Companies like Apple, Microsoft, and Sony have been in the field of technology from almost the beginning. So there’s no doubt that these are some of the best technology companies in the world., making us wonder how technology is transforming the world so fast. That begs the question, which are the biggest technology companies in the world? So without any further ado, let’s get started with the list.
Top 10 Technology Companies Based On Their Revenue
Before starting the list it’s worth noting that we have ranked these companies based on their latest revenue reports. So sit back and see if your favourite company secure a place on the list:
1. Apple
Founded in 1976 by three giants – Steve Jobs, Steve Wozniak and Ronald Wayne, Apple is not just among the best technology companies, but it’s also the biggest company in the world. With over 556 retail stores in different parts of the world, Apple caters its services to millions of people. Their product lineup includes mobile phones, laptops, tablets, desktops and wearables. Their products might be pricy but they are top notch which makes Apple one of the best tech companies in the world.
Revenue (2022) – $385 billion
Market value- $2.83 trillion
2. Alphabet
Alphabet is another company that is considered to be one of the best technology companies in the world. It is the parent company of the multinational technology giant Google. Although Google was founded in 1998, it was in 2015 that Alphabet took charge of Google. Google has become synonymous with web search. Nowadays, people don’t say “web search” the content, rather they say “Google Search” it. This is the impact Google has had on the world. Along with web services, Google also sells mobile phones (Pixel).
Revenue(2022)- $282 billion
Market Cap- $1.7 trillion
3. Samsung
Founded in 1938 by Lee-Beyung Chul, Samsung is the largest phone manufacturer in the world, so there’s no doubt that it is one of the best technology companies in the world. Samsung is the best phone you can buy if you use an Android. Along with phones, Samsung also manufactures other things like TVs, Laptops, Speakers, NVMe SSDs and many more.
Revenue (2022)- $220 billion
Market Cap- $334 billion
4. Microsoft
Microsoft is an American company founded by Bill Gates in 1975. It is one of the oldest computer manufacturers in the world. Their products such as their, windows operating system, Microsoft Office, Xbox and many others products have made a ton of money throughout the years. Bill Gates is very successful and Previously has been the richest man in the world for quite a long time. Microsoft is definitely one of the best technology companies in the world.
Revenue (2022)- $207 billion
Market Cap- $2.46 trillion
5. Meta Platform
Founded in 2004 by Mark Zuckerberg, Facebook is one of the best technology companies that see immense success in less time. It was something nobody had seen before. As time went on, Facebook’s popularity kept growing to a point where it started acquiring other social media companies like WhatsApp and Instagram. Meta is one of the best AI companies in the world and it uses AI to create a virtual and augmented reality setup.
Revenue (2022)- $117 billion
Market Cap- $599 billion
6. Sony Corporation
Sony is a Japanese company that was founded by Masaru Ibuka and Akio Morita in 1946 and is among the best technology companies in the world. It has a lot of products including cameras, phones, TVs, camcorders, Playstations, Video games, Speakers, earphones/headphones and many others. The thing about Sony is that everything they sell is top-of-the-line.
Revenue (2022)- $85 billion
Market Cap- $115 billion
7. Tencent Holdings
Tencent is a Chinese multinational corporation that was founded in 1998. This is a name every gamer knows, Tencent has been a part of the development of many popular and loving games. The popular mobile game PUBG is also an offering by Tencent Holdings. They have an ownership stake in big gaming companies like Epic Games, Ubisoft, Miniclip and Remedy Entertainment.
Revenue (2022)- $82.4 billion
Market Cap- $415 billion
8. Taiwan Semiconductor Manufacturing Co.
Taiwan Semiconductor Manufacturing Co. is a Taiwanese company that was founded in 1979 by Arther Wang. This is the biggest semiconductor manufacturer in the world. Accounting for almost 40% of global sales of semiconductors. The sudden rise in the demand for semiconductors has helped TSMC to become one of the best technology companies in the world.
Revenue (2022)- $75 billion
Market Cap- $423 billion
9. Cisco Systems Inc.
Cisco System Inc. is a networking company founded in 1984 by Leonard Bosack. Cisco System product line includes Wi-Fi routers, security and surveillance systems, Boadbands, VOIP systems and many more. Because of its firm grip over the networking market and the quality of its product, they are widely regarded by many as one of the best technology companies in the world.
Revenue (2022)- $53.2 billion
Market Cap- $189 billion
10. Oracle
Oracle is another one of the best technology companies in the world. It is a software company which is the 3rd largest software company in terms of revenue and market cap. Larry Ellison Co-founded the company in 1977 with 2 other co-founders. It sells cloud-based software like Oracle database, Oracle Cloud, and Oracle ERP. Larry Ellison is one of the biggest names in tech and he was also associated with the success of Paypal.
Revenue (2022)- $48 billion
Market Cap- $261 billion
Final Thoughts
Since the past century, there have been a lot of technological advancements and these companies are able to capitalise on that. So there you have it, the above-mentioned companies are the best technology companies in the world right now.
