Technology is the world’s fastest-growing sector that is now shaping the global economy, driving changes, and setting trends. There is no doubt that if we look at a list of the top 10 richest companies in the world, at least five of them will be tech companies. But when it comes to the top 10 most valuable tech companies, there might be an argument among tech fans to keep their favorite company first. Well, not anymore. Because today we will rank all the top 10 most valuable tech companies in the world. The ranking will be primarily based on the current market capitalization value of the companies. And some honorable mentions will also be given at the end. So, let’s jump into the list.
World’s Most Valuable Tech Companies
Industry: Hardware, software, consumer electronics, cloud computing, etc.
Popular Products: iPhone, iPad, Mac
Market Value: $3 trillion
Net Revenue: $378.32 billion
Employee Count: Around 147,000
Apple’s place at the very top of the list should not come as a surprise. With the recent achievement of a 3 trillion dollar market value, Apple has earned the highest position in our list of the most valuable tech companies. It took almost 42 years for Apple to reach its first trillion, while the other two trillion took three years and four months only.
Also, Apple is one of the world’s largest tech companies that earn an annual net revenue of $378.32 billion. Founded by Steve Wozniak, Ronald Wayne, and Steve Jobs in April 1976, Apple had to overcome a lot of challenges before being able to reach its current position. Additionally, it’s pretty evident that with such a huge fan base of millions of iPhones and Mac users, Apple will not give up its throne anytime soon.
Industry: Software development, cloud computing, video games, etc.
Popular Products: Windows, Visual Studio, MS Office
Market Value: $2.352 trillion
Net Revenue: $184.90 billion
Employee Count: Around 181,000
After Apple, the second position on the list goes to Microsoft. One of the most dominant software development companies in the world, Microsoft is best known for its operating system for personal computers – Microsoft Windows. Now they are focusing on providing cloud computing services, which is likely to significantly increase the company value.
However, with the current market value of $2.352 trillion and net revenue of $184 billion, Microsoft is far behind Apple at the moment. However, just like Apple, there is no chance of Microsoft moving from its current position soon.
3. Alphabet Inc.
Industry: Hardware, software, internet services
Popular Products: Google, YouTube, Android
Market Value: $1.880 trillion
Net Revenue: $257.63 billion
Employee Count: Around 136,000
Now, many of you might be wondering about what Alphabet Inc. is. Did you know, from using the internet to sending emails or keeping track of your regular plans and appointments, you use almost every service provided by this company?
Alphabet Inc. is none other than the parent company of Google and many other Google businesses. After the restructuring of Google in October 2015, Alphabet Inc. had taken the lead of this internationally famous internet giant and earned a solid place on the third position on this list with a market value of $1.88 trillion and net revenue of $257.63 billion.
Industry: E-commerce, cloud computing, digital streaming, artificial intelligence
Popular Products: Alexa, amazon.com, Amazon Prime
Market Value: $1.692 trillion
Net Revenue: $469.82 billion
Employee Count: Around 950,000
After finding such immense success with e-commerce and cloud computing services, Amazon has become the most valuable brand on the planet, with a market value of $1.644 trillion. Along with that, this multinational company has the highest revenue figure of $457.96 billion, and one of the highest number of employees worldwide.
Besides, this tech giant is also known for currently having the most expensive stocks. In December 2020, the stock price of one Amazon share became almost $3000, whereas Apple’s stock price was less than $150.
Popular Products: Electric Cars
Market Value: $1.130 trillion
Net Revenue: $53.82 billion
Employee Count: Around 71,000
Being the world’s most valuable automaker, Tesla joined the Trillion Dollar Club in October 2021. With Apple, Microsoft, Amazon, and the Google parent Alphabet Inc., Tesla is the fifth U.S. company that hit the milestone of trillion dollars and also ranks fifth on our list of the most valuable tech companies on Earth.
On a good day on the stock market, one share of this famous automaker company can cost anywhere from $800 to $1100. Whereas the net revenue is less than $50 billion. Also, it should be mentioned that, since its inception in 2003, Tesla is the only company in the tech world that hit a market value of a trillion dollars in just 18 years.
Industry: Semiconductors, video games, consumer electronics, computer hardware
Popular Products: Graphics cards
Market Value: $690.03 billion
Net Revenue: $26.91 billion
Employee Count: Around 19,000
Widely popular as the leading graphics processor manufacturer worldwide, Nvidia provides the fastest GPUs for PCs, mobile devices, game consoles, workstations, etc. Starting from its success in developing graphics cards with Microsoft, Nvidia has consistently improved its product line and set new standards for interactive graphics.
Nvidia is a very well-known name in gaming, professional design, video editing, creative applications, AI, data centers, and other tech sectors. Adding to that, in 2018, Nvidia started to develop an AI computing system for self-driving cars – Nvidia Drive.
7. Meta (Facebook)
Industry: Social media, social network advertising, consumer electronics
Popular Products: Facebook, Whatsapp, Instagram
Market Value: $651.42 billion
Net Revenue: $117.93 billion
Employee Count: Around 57,000
Once having the potential to be the next member of the Trillion Dollar Club with $923.26 billion market value in January 2022, Facebook is now standing on the seventh position after Nvidia. It is clear that the last two months didn’t go well for this social media giant.
Facebook started its journey in 2004, and since then, it has been widely known as the most popular social networking site. Not very long ago, it took over many other popular social networking platforms, such as – Instagram, Whatsapp, and some ambitious projects like Oculus VR. According to research, Facebook is the second most-accessed tool after Google and has regular visitors of 2 billion people per day.
Industry: Semiconductors, graphics cards, consumer electronics, computer hardware
Popular Products: Semiconductor chips
Market Value: $553.48 billion
Net Revenue: $52.71 billion
Employee Count: Around 57,000
Taiwan Semiconductor Manufacturing Co. Ltd., also referred to as TSMC, is the world’s single largest semiconductor foundry. Founded in 1987 by Morris Chang, TSMC is the first company to dedicate itself to semiconductor production.
Now holding a 57% global market share of the semiconductor business, TSMC has earned the title of a leader in the semiconductor field and has many of the world’s biggest tech giants as their loyal customers. Among them, you will find industry giants like Apple, Advanced Micro Devices, Broadcom Inc. Nvidia, Qualcomm, etc.
Industry: Internet services, video games, entertainment
Popular Products: PUBG Mobile, WeChat, JD
Market Value: $464.56 billion
Net Revenue: $86.15 billion
Employee Count: Around 107,350
Holding the title of the “biggest video game company,” Tencent holds a strong place in the top 10 most valuable tech companies. Popular video games like – PUBG, League of Legends, Arena of Valor, etc. are owned by Tencent.
Along with many successful games, this Chinese company developed many internet products, including e-commerce platforms, social networks, web portals, payment systems, internet services, and so on. The social networking site WeChat is another popular product of Tencent that has over 1 billion users worldwide.
Industry: Electronics, household appliances, shipbuilding, aircraft engineering.
Popular Products: Samsung Galaxy Phones, Samsung Notebooks, Tablets
Market Value: $392.00 billion
Net Revenue: $224.62 billion
Employee Count: Around 290,000
At the end of the ten most valuable tech companies list, we have Samsung, one of the most well-known consumer electronics producers on the planet. Notably, the Samsung Galaxy smartphones and tablets produced have an outstanding market share worldwide, being the only real competitor of Apple’s iPhones and iPads.
It’s an interesting fact that the last company on this list is the direct competitor and threat to the company that ranked first. Moreover, Samsung has the most significant market share of the smartphone market with 18%, while iPhone only has 15%. So, it’s quite understandable to keep the company in the top 10.
Now, let’s look at some honorable mentions of the companies with the highest market value after the top 10.
|Company||Market Value ($ in billions)|
So, that was all about our list of Top 10 Most Valuable Tech Companies. However, there are many more newly founded tech companies doing wonders in their fields and hoping to catch up with these tech giants soon. Although competing with these long-time leaders is not going to be an easy task, the new startups have to wait for a little while to make their place in the top 10.