Technology is the most dominant industry in today’s modern world, impacting the global economy by establishing new paradigms and pushing significant changes across all industries. It’s almost impossible to picture a world without technology.
We’ve prepared a list of the top 6 revenue-generating firms that have ruled the world, with a focus on software, hardware, electronics manufacturing, artificial intelligence, semiconductors, internet and related services, and e-commerce.
Many people assume that the majority of these large tech companies are based in the United States. Nevertheless, there has been a remarkable shift in recent years, with a number of Asian companies appearing in the top 10 tech corporations, posing a serious threat to their American counterparts.
1. Apple
With revenue of $274.51 billion USD in 2021, Apple Inc., a Cupertino-based American computer firm, is the world’s most valuable corporation and most lucrative brand. It was created in 1976 by Steve Wozniak, Ronald Wayne, and Steve Jobs, three tech geniuses.
Apple began in the personal computer category, which grew enormously after its resounding success when it expanded into the mobile telephone category. Apple Inc., which began with laptops and iPhones, has now expanded to include a variety of items like smartwatches, iPod tablets, televisions, and peripherals.
2. Samsung Electronics
Samsung is a global electronics corporation headquartered in Seoul, South Korea, and the world’s leading mobile phone manufacturer. It is a large corporation that manufactures not just batteries, IC chips, hard discs, image sensors, cameras, and other consumer electronics, but also ships, aircraft engines, turbines, and life insurance.
Samsung is Apple Inc.’s greatest opponent in the smartphone category, with flagship brands such as the Galaxy S, Z, and Note Series, contributing 40% to the top corporate line.
3. Alphabet
Google LLC and many other related firms are owned by Alphabet Inc., an American multinational company. Google Inc., based in California, is the undisputed global leader in the search engine industry, with a market dominance of 91.9 percent in 2022.
Alphabet investments in a variety of exciting and inventive projects, including self-driving automobiles, Calico, a life-extension R&D business, and Nest, a smart home initiative. Google, one of the most well-known computer businesses, was created in 1998 by Larry Page and Sergey Brin while they were both students at Stanford University.
4. Foxconn
Foxconn, located in New Taipei City, is a Taiwanese electronics contract manufacturing firm. Foxconn is one of the world’s finest employers, employing 1.29 million individuals worldwide and being China’s largest employer.
Foxconn, which was formed in 1974, works with practically all leading brands and produces customized electronic devices according to the vendor’s specifications. iPad, iPhone, Kindle, Nintendo, BlackBerry, Google Pixel, Redmi phones, PlayStation, and others are some of the company’s primary goods.
5. Microsoft
Microsoft is the second-largest business in the world and one of the most premium brands in the computer industry. Microsoft is the leading country in the personal computer and software business, having been founded in 1975 by Bill Gates and Paul Allen.
Microsoft’s Windows operating system was a smash hit, bringing in massive earnings for the corporation. Microsoft is working on breakthrough technologies such as blockchain, machine learning, artificial intelligence, and cloud technology, which is now led by Satya Nadella.
Many newly-founded tech startups are fast expanding in the hopes of catching up with tech behemoths like those on this list. However, these tech behemoths have been around for a long time, and the digital experiences they provide are the result of tens of thousands of hours of work and months of design. Looking up to them, on the other hand, is always a smart idea.
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