As the coronavirus continues to wreck the global economy, tech companies continue to thrive with higher margins, lower costs, burgeoning growth, and a growing user base.
The products and services of technology companies are used by almost everyone as the world moves towards the Internet, apps, games, and the cloud.
According to a report published by Oxford Economics and Huawei, the global digital economy was valued at $ 11.5 trillion in 2016, accounting for 15.5% of global GDP. This figure does not include the global computer hardware market, which was estimated at $ 897 billion in 2020.top tech companies in the world
Most Valuable Top Tech Companies in The World
Let’s take a look at the most expensive tech companies in the world. They were selected based on their market capitalization.
15. Oracle – Austin, USA
- Market Cap: $ 205 Billion
- Oracle shares have jumped 44.8% in the past twelve months.
We kick off our list of the 15 most valuable technology companies in the world with the California-based Oracle Corp., which provides technology solutions to improve the business processes of companies in all areas of IT.
Oracle follows the largest cloud services players such as AWS and Microsoft Azure by expanding its cloud service offering with the innovative Roving Edge Infrastructure technology to deliver scalable and secure cloud services in the world’s most remote areas.
The company reported $ 7.3 billion in cloud and license revenues, up 5% from the third quarter of fiscal 2021.top tech companies in the world
14. Cisco Systems – San Jose, USA
- Market Cap: $ 218.6 billion
IT company Cisco is ranked 14th in the list of 15 most valuable technology companies in the world. Cisco Technology specializes in IP-based networking products, including routers, access points, and Internet security devices. Cisco is also known as one of the largest cloud computing companies.
The cloud conglomerate recently introduced Cisco Plus, a Network-as-a-Service platform where customers can pay monthly or quarterly flat fees for hardware and software.
The company’s revenue in the second quarter of the fiscal year 2021 was $ 12 billion. Cisco shares are up 35% in the past twelve months.
13. Adobe – San Jose, USA
- Market cap: $ 223 billion
Adobe is ranked 13th in the list of 15 most valuable technology companies in the world. Founded in 1982, this California-based company offers design and multimedia solutions. The company specializes in the development of creative cloud services including Photoshop, Premiere Pro, Acrobat, and Illustrator.
Adobe’s revenue for the first quarter of 2021 increased 26% to $ 3.91 billion. Adobe shares are up 57% in the past twelve months.
12. ASML – Veldhoven, Netherlands
- Market Cap: $ 250.8 Billion
ASML Holding is the 12th largest technology company in the world. The Dutch company manufactures lithography machines used by the world’s largest chip manufacturers such as Intel and TSMC. ASML and Heriot-Watt University recently announced a five-year research collaboration to develop new broadband sources for metrology applications.
The company’s 2020 net sales were $ 16.4 billion, and ASML shares are up 144% in the past twelve months.
11. Intel – Santa Clara, USA
- Market cap: $ 259 billion
California-based Intel is ranked 11th in the list of 15 most valuable technology companies in the world. Intel is renowned for its high-performance chipsets and computing products. The technology company has been a major player in the global semiconductor industry over the past decade, with a market share of around 15%, according to Statista.
Intel’s revenue in 2020 rose 8% to $ 77.9 billion. Over the past twelve months, the company’s shares are up 23%.
10. NVIDIA – Santa Clara, USA
- Market cap: $ 321 billion
The California-based NVIDIA company is one of the most valuable technology companies in the world. It has become popular due to the growing demand for high-performance GPUs that dominate the gaming and cryptocurrency industries.
To expand its computing technology, NVIDIA announced last year it was acquiring ARM Holdings, a UK-based artificial intelligence company, for $ 40 billion.
Revenue hit a new high in fiscal 2021 at $ 16.68 billion, up 53% from $ 10.92 billion last year. NVDA shares are up 117.8% in the past twelve months.
9. Taiwan Semiconductor Manufacturing Company – Hsinchu, Taiwan
- Market Cap: $ 547.6 billion
TSMC is the 9th most valuable technology company in the world. The company is the third-largest semiconductor manufacturer in the world, accounting for about 28% of the global semiconductor market.
In the fourth quarter of 2020, the company’s revenues were $ 12.7 billion. TSM shares have jumped 152% in the past twelve months.
8. Alibaba – Hangzhou, China
- Market Cap: $ 597 Billion
Alibaba Group Holding Limited is ranked 8th in the list of 15 most valuable technology companies in the world. In addition to e-commerce, Alibaba’s cloud computing services are also in growing demand. Alibaba Cloud provides storage, big data processing, data analysis, security management, and a machine learning platform.
Alibaba’s total revenue for the fiscal year ended March 31, 2020, was $ 78.3 billion. Alibaba shares are up 22.7% in the past twelve months.
7. Tesla – San Carlos, USA
- Market Cap: $ 610 Billion
Tesla is one of the tech companies in the world right now. The company stands out in the industry for its autonomous driving technology. The electric vehicle manufacturer is one of the fastest-growing brands in the world and is expected to deliver about 500,000 units by 2020.
Morgan Stanley reports that the company’s market share will drop to 69% by February 2021 when the new all-electric Ford Mustang Mach-E hits the scene.
In 2020, Tesla’s total revenue was $ 31.5 billion. Shares are up 584% in the past twelve months.
6. Tencent – Shenzhen, China
- Market Cap: $ 756 Billion
Chinese technology company Tencent Holdings Ltd. Is one of the most valuable technology companies in the world. Tencent, headquartered in Shenzhen, China, is an e-commerce company offering Internet-related products and services such as artificial intelligence.
In addition to influencing the e-commerce industry, the company also provides cutting-edge technology and cloud services. In addition, Tencent is one of the world’s largest mobile game manufacturers.
In the third quarter of 2020, the company achieved revenues of $ 18.4 billion, up 29% over the same period last year. The company’s shares are up 65% in the past twelve months.
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5. Facebook – Cambridge, USA
- Market Cap: $ 820 Billion
The California-based social media company is known for applications designed for the entertainment industry. In addition to Facebook, the company also owns WhatsApp, Instagram, and Oculus.
In 2020, its revenues were $ 84.2 billion. Facebook shares are up 85% in the past twelve months.
4. Alphabet – Mountain View, USA
- Market cap: $ 1.38 trillion
Alphabet Inc. ranks 4th on the list of the most valuable technology companies. The Mountain View-based California-based international conglomerate dominates the $ 46 billion advertising market.
The company also offers cloud services as part of Google Cloud.
In 2020, the company had total revenues of $ 182.5 billion. Alphabet shares have jumped 87% in the past twelve months.
3. Amazon.com – Bellevue, USA
- Market cap: $ 1.54 trillion
Internet giant Amazon.com is one of the most valuable tech companies in the world. Amazon.com, based in Bellevue, USA, offers an e-commerce platform, cloud computing services, digital streaming, and artificial intelligence products.
The tech company recently introduced the AWS Space Accelerator, a program designed to help space startups leverage AWS to solve some of the biggest challenges in the space industry.
On the other hand, to expand Amazon’s retail operations in India, the company recently acquired Indian startup Purple for $ 14.7 million.
In the fourth quarter of 2020, the company’s revenue was $ 125.6 billion. Over the past twelve months, the company’s shares are up 62%.
2. Microsoft – Albuquerque, USA
- Market cap: $ 1.749 trillion
Founded in 1975, Microsoft has made a name for itself in the global software market. Microsoft is the largest company in the world offering cloud-based applications, that is, advanced cloud computing and artificial intelligence (AI) technologies, for any device. In the second quarter alone, Microsoft reached $ 14.6 billion in smart cloud revenue.
According to an article in The Wall Street Journal, Microsoft is in talks to buy Discord Inc. for over $ 10 billion to expand its X-box community. Microsoft also received a $ 22 billion contract to supply its HoloLens virtual reality headsets for US Army combat units.
The company’s revenue for the second quarter of 2021 rose 17% to $ 43.1 billion. Microsoft shares are up 55% in the past twelve months.
1. Apple – Cupertino, USA
- Market cap: $ 2.013 trillion
Apple Inc. tops the list of the 15 most valuable technology companies in the world. The two ingredients for the company’s success are simplicity and continuous efforts to develop new technologies to improve the product line. The company, which started humbly in a garage, has grown steadily to become the most valuable tech company in the world.
The ultra-fast Apple iPhone 12 smartphone was released in October 2020. In addition to mobile phone sales, Apple services also contributed to the company’s success, increasing by 24%.top tech companies in the world
In the first quarter of 2021, Apple Inc. reported record revenue of $ 111.4 billion. Shares are up 102% in the past twelve months.