12 Largest Tech Companies in the World
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- By the end of 2022, global tech industry revenue is projected to surpass $5.3 trillion.
- Apple, the world's largest tech company by revenue, generated $294 billion in 2021.
- With over 585,000 tech companies, the U.S. has the largest technology sector by revenue in the world.
Technological advancement is a pillar of economic growth, and demand for innovative digital infrastructures is present in nearly every business sector. Although the onset of COVID-19 temporarily slowed a steady pattern of growth in 2020, tech industry revenue is projected to increase. According to the International Data Corporation (IDC), the total revenue of the technology industry will likely surpass $5.3 trillion globally by the end of 2022.
Although there are a number of metrics to gauge company influence, such as market share and research activities, this ranking is based on revenue. Explore this list of the largest tech companies in the world, and learn how they have shaped the tech market.
Largest Tech Companies in the World
Apple, Inc. is a multinational tech company that designs and manufactures electronics and software products, including computers, tablets, and smartphones. In the last decade, Apple's inventory has grown to include digital cloud storage, streaming services, and licensing services.
Many of Apple's innovative products, like the iPhone, iPad, Mac, AirPods, and Apple TV, are leading fixtures in the tech market. As of 2022, Apple claimed 51% of the smartphone market share in North America. In 2021, Apple generated $294 billion in revenue.
Alphabet, Inc. is a conglomerate holding company that operates a number of subsidiaries, including highly prolific information technology companies like Android, Google, and Google products like Chrome, Maps, Gmail, and Youtube. Alphabet has 156,500 worldwide employees and boasted a 2021 revenue of $182.4 billion. As of 2022, the company ranked #11 on Forbes' Global 2000 list.
Samsung Electronics Co. produces a wide variety of electronics, including:
- Computer peripherals
- Mobile communications products
- Cable televisions
- Household appliances
- Medical devices
- Device solutions for businesses.
As of 2021, Samsung held 27% of the North American smartphone market share and generated a revenue of $244.2 billion. The company also ranked #1 on Forbes' World's Best Employers list in 2021 and #14 on Forbes' Global 2000 list in 2022.
Hon Hai Precision Industry Co.
Hon Hai Precision Industry Co. is the largest electronics manufacturer in the world. In 2021, Hon Hai ranked #22 on the Fortune Global 500 rankings and generated a $206 billion revenue.
This Taiwanese company provides hardware manufacturing services like PC assembly, cable assembly, connector production, and handset manufacturing. These services are crucial in producing consumer electronics, including more specialized technologies like AI, nanotechnology, and semiconductors.
Microsoft develops a variety of industry-leading software, devices, and business services. The company designs productivity and business services, such as communication platforms and business solution applications; devices, such as personal computers, gaming consoles, and tablets; and cloud services and server products.
This influential company generated $184.9 billion in revenue in 2021. In the same year, Forbes ranked Microsoft #3 on its list of World's Most Valuable Brands and #3 on its list of World's Best Employers.
Meta Platforms is the parent company of a number of high-profile social networking and social media platforms, including Facebook, Messenger, Instagram, and WhatsApp. Some of the company's more popular platforms have evolved into widespread cultural phenomena; Facebook, the world's most widely-used social media platform, boasts roughly 3 billion monthly users, while Instagram has roughly 1.2 billion. Meta Platforms generated nearly $118 billion in 2021, earned largely through advertising.
Dell Technologies, Inc. produces hardware and software systems. This holding company operates through three main segments:
- Infrastructure Solutions Group (ISG) produces networking solutions, servers, and storage infrastructures
- Client Solutions Group (CSG) produces consumer technologies like desktops and notebooks
- VMware segment, which produces computing products like cloud management tools and security systems
In 2021, Dell ranked 7th on Forbes' World's Best Employers list and brought in a revenue of $106.8 billion in the same year.
Tencent Holding Ltd.
Tencent Holding Ltd. ranked #15 on Forbes' Top 100 Digital Companies in 2019 and #28 on Forbes' Global 2000 in 2022. The company provides the tech sector with:
- Digital marketing
- Performance-based advertising
- Corporate communications
- Software development services
This company also develops entertainment products, mobile applications, video games, and cloud computing services for businesses and private consumers. Tencent's products and services reach over one billion users worldwide.
Intel Corp. designs and manufactures computer products, electronics, software systems and networking services. Its operations are divided into a number of segments, including:
- Client Computing Group (CCG)
- Non-Volatile Memory Solutions Group (NSG)
- Programmable Solutions Group (PSG)
Intel's major products include:
- Consumer electronics like desktops and smartphones
- Communication infrastructure
- Embedded applications
- Programmable semiconductors
These developments cater to healthcare, manufacturing, government, and energy markets.
IBM, or International Business Machines Corp., produces information technology solutions such as application management tools, secure cloud software, data solutions, and AI tools for businesses, as well as technology-oriented financing and consulting services.
IBM is a leading research and development corporation and is one of the technology sector's largest employers, with approximately 345,000 worldwide employees.
Taiwan Semiconductor Manufacturing Co.
Taiwan Semiconductor Manufacturing Co. (TSMC) primarily manufactures semiconductor devices, computer chips, and integrated circuits. In 2019, Forbes ranked this company #19 in its Top 100 Digital Companies list. TSMC's products are crucial components of electronics production and have a broad scope of applications. Its computer chips, for example, are used to produce vehicles, industrial tools, televisions, and gaming consoles.
Accenture Plc provides consulting, media, and financial services for companies that aim to use technology and outsourcing to optimize their business outcomes. This company has about 710,000 employees worldwide and ranked #35 on Forbes' World's Most Valuable Brands list in 2020.
The company is divided into five segments to serve a diverse array of organizations:
- Public service segments
Accenture Plc helps clients adopt data-driven and platform-based business models, streamline consumers' digital experiences, and integrate digital marketing strategies.
Frequently Asked Questions About World's Largest Tech Companies
Which country is number one in technology?
By revenue, the United States has the world's largest technology sector. The United States is home to over 585,000 individual tech companies, including some of the most powerful organizations in the industry. The U.S. generates about $1.8 trillion — roughly a third — of the $5.3 trillion global technology market.
California's Silicon Valley is famous for its technology sector, and many of the world's largest tech companies, including Apple, Alphabet, Intel, and Meta Platforms, are based in this region.
What is the top tech company in Europe?
In 2020, the collective value of European tech companies grew by 46%, and between 2017 and 2021, the number of Europeans employed in this sector increased by about 43%. Accenture Plc, headquartered in Dublin, Ireland, is Europe's largest tech company by revenue.
The professional services company generated $45.7 billion in revenue in 2021 and employed about 710,000 people as of 2022. Accenture Plc ranked 30th on Forbes' Top 100 Digital Companies list in 2019.
What is the biggest tech company in Asia?
Samsung, headquartered in Suwon, South Korea, is the largest tech company in Asia and the second largest electronics company in the world by revenue. This company generated total revenue of more than $244 billion in 2021.
Many of the largest tech companies in the world are based in Asia. For example, Hon Hai Precision Industry Co. is headquartered in New Taipei, Taiwan; Tencent Holdings Ltd is based in Shenzhen, China; and Taiwan Semiconductor Manufacturing Co. is based in Hsinchu, Taiwan.