Technology is a significant industry in today’s modern world, reshaping the global economy by establishing new trends and pushing important changes across all business sectors. It is very hard to imagine a world without technology. We’ve prepared a list of the top 20 tech companies in the world, with a focus on software, hardware, electronics manufacturing, artificial intelligence, semiconductors, the internet and related services, and e-commerce. Many people think that a large number of big tech companies are in the United States. In recent years, there has been a notable shift, with a few Asian companies rising on the list of top tech companies, putting American companies to the test.
1. Apple
Apple Inc. is a California-based technology and hardware company that makes and sells computers, iPhones, and electronic goods, as well as operating systems and software. Apple has a market capitalization of $2.381 trillion as of May 2022. On April 1, 1976, Steve Jobs, Steve Wozniak, and Ronald Wayne founded Apple Computer Company to commercialize Wozniak’s Apple I personal computer.
2. Microsoft
Microsoft is an American software and services firm that makes search engines (Bing), cloud solutions, and the Windows operating system. Bill Gates and Paul Allen created it in 1975, and it is the world leader in the personal computer software market. Microsoft, led by Satya Nadella, is concentrating on cutting-edge technologies such as blockchain, machine learning, artificial intelligence, and cloud computing.
3. Alphabet Inc
Google LLC and several other subsidiary firms are owned by Alphabet Inc, an American multinational company. Google Inc., based in California, is the indisputable global leader in the search engine industry, with a market share of 91.9 percent in 2022. Larry Page and Sergey Brin created Google in 1998 while studying at Stanford University. Alphabet (Google) has a market capitalization of $1.533 trillion as of May 2022.
4. Amazon
Amazon.com, Inc. is a digital broadcasting, cloud services, and e-commerce multinational technology company. It is described as one of the world’s most powerful economic and cultural forces, and one of the most valuable brands.” Jeff Bezos founded Amazon from his garage in Bellevue, Washington on July 5, 1994. It was started as an online bookstore. Now it is expanded to include a wide range of products, earning it the moniker “The Everything Store.”
5. Tesla
Tesla, Inc. is an American company that produces and sells electric vehicles, as well as energy storage and photovoltaic equipment. Nikola Tesla, a physicist, and inventor, inspired the firm name. Elon Musk became the company’s largest shareholder in February 2004 with a $6.5 million investment. Since 2008, he has always been the CEO. As of May 2022, Tesla has a market valuation of $797.30 billion.
6. Meta Platforms (Facebook)
Meta Platforms, Inc., also known as Meta and formerly known as Facebook, Inc., is a Menlo Park, California-based multinational technology company. Meta owns numerous subsidiaries, including Instagram, WhatsApp, and Facebook Messenger. Meta is one of the most valuable firms on the planet. In October 2021, Facebook’s parent company wanted to change its name to “reflect its focus on building the metaverse.”
7. TSMC
Taiwan Semiconductor Manufacturing Company, Limited is the world’s third-largest semiconductor manufacturer and the world’s largest independent contract semiconductor manufacturer. The business was established in 1987. The company’s headquarters and most of its operations are based in Hsinchu, Taiwan. TSMC was the first manufacturer to offer 7-nanometer and 5-nanometer production capabilities, as well as the first to commercialize EUV lithography technology in large quantities.
8. Tencent
Tencent Holdings Ltd. is a Chinese technology firm offering messaging services, online social networks, online media, Internet value-added services, multiplayer online games (MMO, MMORPG), e-commerce, and online advertising. WeChat and QQ are two of the company’s products. Tencent has a market capitalization of 456.69 billion USD as of May 2022.
9. NVIDIA
Nvidia Corporation is a leading manufacturer of graphics processors and chipsets for computers and video game consoles. It is based in Santa Clara, California. NVIDIA Corporation operates on the fabless principle because it does not have its manufacturing facilities. NVIDIA has a market capitalization of $441.23 billion as of May 2022.
10. Samsung
Samsung Electronics, the world’s leading maker of DRAM, NAND flash memory, SSD, televisions, refrigerators, cell phones, and smartphones, is managed by the Samsung Group, a South Korean giant. From March 2018 until December 2021, the company had three CEOs (Ki Nam Kim, Hyun Suk Kim, and Dong-Jin Koh), who were replaced by Kyung Kye-Hyun and Han Jong-hee when the business units were reorganized.
11. Alibaba
Alibaba Group Holding Limited is a Chinese multinational technology company that specializes in e-commerce, retail, the Internet, and technology. Jack Ma is the man behind Alibaba. Mr. Ma has stepped aside as CEO, but Alibaba’s present organizational structure allows him and other key executives to designate more than half of the board of directors. Since the Hong Kong exchange refused to approve the structure, Alibaba decided to list in the United States.
12. IBM
IBM is a multinational technology company. It is headquartered in the United States with operations in more than 171 countries. IBM’s primary concern is research and development. From mainframe computers to nanotechnology, this multinational technology company manufactures and sells computer hardware, software, and hosting and consulting services. IBM invented several technological innovations, including automated teller machines, floppy discs, swipe cards, hard disc drives, UPC barcodes, relational databases, and dynamic random-access memory.
13. Sony
Sony is a Japanese consumer electronics firm. It is the world’s largest video game console company and publisher, as well as one of the world’s largest manufacturers of consumer electronics. Sony has a 55% market share in the image sensor industry. Sony is the world’s largest image sensor manufacturer and the second-largest camera manufacturer. Sony TV is the market leader in premium televisions.
14. Adobe
Adobe Inc. is an American software company based in Delaware. The creators of the PostScript page description language, John Warnock and Charles Geschke, founded it in 1982. Adobe acquired Adobe Flash, video editing and compositing tools with Adobe Premiere, subsequently known as Adobe Premiere Pro, low-code web development with Adobe Muse, and a suite of software for digital marketing management with Adobe Muse after purchasing Macromedia.
15. Intel
Intel has a long product portfolio that includes CPUs, microprocessors, integrated graphics processing units, systems-on-chip, motherboard chipsets, modems, Wi-Fi, Bluetooth, and more. Since its founding in 1968, the corporation has expanded to some of the world’s largest PC manufacturers, including Lenovo, HP, and Dell, all of which use Intel CPUs.
16. Foxconn
Foxconn, headquartered in New Taipei City, is a Taiwanese electronics contract manufacturing company. Foxconn is the largest private-sector employer in China, employing 1.29 million people worldwide. Foxconn, which was formed in 1974, creates customized electrical goods for practically all major companies. Concentrating Foxconn’s strength on semiconductors is one of the company’s main goals. Since 2018, it has invested hundreds of millions of yuan to develop chip factories in Zhuhai, Guangdong, and Jinan, Shandong.
17. Hitachi
Hitachi is a Japanese multinational technology company with operations in information technology, artificial intelligence, the Smart Home, and big data analytics. Hitachi is a component of the Nikkei 225 and TOPIX Core30 indices and is traded on the Tokyo and Nagoya stock exchanges. It is placed 38th in the Fortune Global 500 for 2012, and 129th in the Forbes Global 2000 for 2012. In 1910, Namihei Odaira established Hitachi, which started producing induction motors for the copper mining industry.
18. Panasonic
Panasonic Corporation, previously Matsushita Electric Industrial Co, is a Japanese consumer electronics giant that dominated the market until the modern period. Panasonic was founded in 1918 by Kosuke Matsushita, who was primarily interested in producing light bulb sockets. Panasonic provides a huge range of products, such as rechargeable batteries, televisions, household appliances, automobiles, and industrial systems, but also has a keen interest in construction and real estate.
19. HP Inc.
The Hewlett-Packard Company, shortened to HP, was an American-based technology corporation headquartered in Palo Alto, California. HP produced and sold a wide range of hardware, software, and related services to consumers, small and medium-sized businesses (SMBs), and big corporations, including customers in the government, health, and education sectors. In 1939, it manufactured electronic test and measurement equipment.
20. Xiaomi
Xiaomi was formed in Beijing in 2010 by Lei Jun and included former associates when he was 40 years old. Xiaomi launched its first smartphone in August 2011, and by 2014, it had the largest share of the market for smartphones sold in China. According to Canalys, with a market share of 17% in the second quarter of 2021, Xiaomi surpassed Apple Inc. as the world’s second-largest smartphone vendor. It manufactures items such as television sets, flashlights, drones, and air purifiers.
