According to statistics, the technology industry makes up 35% of the total market. And it’s steadily growing: the growth rate was 5.3% for 2022. There are more than 500 thousand tech companies alone in the United States, over 6,600 of which are in Silicon Valley.
#1: Amazon
- Popular Products: Amazon Store, Amazon Prime, Amazon Web Services (AWS), Alexa, Twitch, Goodreads
- Market Value: $1,468.4B
- Employee Size: 1,608,000
Amazon, one of the most valuable companies in the world, was founded in 1994 by Jeff Bezos.
Initially an online marketplace, the company started to produce its own technological devices and offer cloud services over time.
As well as ranking as the world’s 6th largest company in Forbes’ list, it’s listed among the top 25 tech and IT companies to work for -a.k.a. best workplaces!
#2: Apple
- Popular Products: iPhone, iPad, Apple Watch, AirPods, MacBook
- Market Value: $2,640.32B
- Employee Size: 164,000
Another tech giant on our list is Apple, which is not very surprising.
Specialized in electronics, software and online services, Apple’s annual revenue was $365.817B last year, in 2021.
The company was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976. Since then, Apple has been producing various tech devices, from computers to wearables.
Apple was one of the most popular tech companies in the industry when I was a little kid, it still is, and it doesn’t seem like this will change in the near future.
#3: Alphabet Inc.
- Popular Products: Android, Google, YouTube,
- Market Value: $1,581.72B
- Employee Size: 186,779
Alphabet is a multinational conglomerate company, with $257.637B annual revenue for 2021.
After the restructuring Google went through in 2015, Alphabet Inc. was founded, and it became the parent company of Google businesses.
The company also invests in various start-ups and companies of different sizes in the tech industry: smart home projects, self-driving cars, cloud-gaming systems, and more.
#4: Microsoft
- Popular Products: Microsoft, MS Office, Microsoft Teams, Visual Studio
- Market Value: $2,054.37B
- Employee Size: 221,000
Founded by Bill Gates and Paul Ellen in 1975, Microsoft is another tech giant rises from the United States.
It produces consumer electronics and computer software, as well as offering related solutions.
One of Microsoft’s best products, MS Office, has become an indispensable part of our lives. Spreadsheets, presentations, meeting notes… You are ready for any meeting, any time with Office tools.
#5: Samsung Group
- Popular Products: Phones, televisions, and other tech devices
- Market Value: $367.26B
- Employee Size: +320,000
Founded in 1969 in South Korea, Samsung Electronics operates through business divisions, as they manufacture and sell a wide range of electronics and software.
These are Consumer Electronics, IT & Mobile Communications, and Device Solutions.
Samsung Electronics does not only manufacture TVs, phones, and wearables; it also has smart home and digital health initiatives.
#6: Tencent Holdings
- Popular Products: WeChat, PUBG Mobile, QQ, Riot Games
- Market Value: $414.28B
- Employee Size: 112,771
Tencent Holdings is a Chinese technology conglomerate company that was founded 23 years ago. It’s the first Asian tech company that crossed the $500B mark.
Among its services, there are web portals, e-commerce platforms, payment systems, social networks, and mobile games.
The holding group also owns Tencent Music and Tencent Games, the largest company in the video game industry.
Tencent’s most popular communication tool WeChat has over 1.2 billion monthly active users. And its sibling app, QQ, has 564 million monthly active users.
The company also provides marketing solutions and cloud services. ”Tencent is dedicated to being a digital assistant” they say. Through their digital services and technologies, they aim to help every industry.
#7: Meta Platforms
- Popular Products: Facebook, Instagram, WhatsApp, Messenger
- Market Value: $499.86B
- Employee Size: 83,553
Launched by Mark Zuckerberg in 2004 to connect Harvard students with one another, Facebook was an instant hit. In 2 years, it became open to public use. In 2010, more than 400 million people were using it monthly.
In 2021, Facebook Inc. changed its name to Meta Platforms to emphasize its orientation to the metaverse. Virtual/augmented reality is the future, and Meta claims to help people exist there.
In addition to their own products focusing on metaverse and web3, such as Meta Quest and Meta Portal, the company acquired many subsidiaries, including Novi Financial, Hot Studio, and WhatsApp.
#8: Cisco Systems
- Popular Products: Cisco ONE, Cisco DNA, Cisco+
- Market Value: $213.36B
- Employee Size: 79,500
Born out of the difficulties of a husband and wife working at Stanford to communicate within the organization, Cisco Systems is almost 40 years old today.
Headquartered in San Jose, Silicon Valley, Cisco is an IT and networking company specialized in routers, switches, and cybersecurity.
The cybersecurity unit is the most valuable -and the fastest growing- part of the company. Last quarter, it grew its revenue by 14%, according to company data.
With Cisco SecureX; you can detect, respond, and quickly recover from cyber attacks. It’s an integrated platform that can be used across various products, which means you can secure your apps, users, endpoints, and network from a single platform.
#9: Oracle Corporation
- Popular Products: Oracle Cloud, Java, MySQL, Oracle Linux
- Market Value: $203.34B
- Employee Size: 143,000
Oracle is an American computer software company. It was founded in 1977, in California, but the corporate headquarters are in Austin, Texas now.
They have more than 400,000 customers across the world, including FedEx, Xerox, and Siemens Healthineers, as they provide specific solutions for different industries.
You can manage your restaurant, modernize your finances, secure network infrastructure solutions, connect HR/product management/marketing and increase client satisfaction.
#10: Broadcom Inc.
- Popular Products: Symantec Enterprise Cloud, Rally Software
- Market Value: $239.64B
- Employee Size: 20,000
Yeah, software companies are worth the whole world, and hardware companies can be worth a lot too. But companies who provide both? They’re totally different gems 💎
Broadcom has a diverse product portfolio, including both semiconductor and infrastructure software solutions.
With their innovative vision and collaboration, they achieved excellence more than once.
- Introduced the first commercially available LED dot matrix display.
- Produced the first cable modem that enabled cable TV providers to offer Internet connectivity.
- Delivered the first high-speed digital optocouplers for use in hybrid and electric vehicles.
- Introduced embedded fiber-optic solutions for IBM.
- Introduced the first 5G radio switch.
#11: SAP
- Popular Products: SAP S/4HANA Cloud
- Market Value: $124.02B
- Employee Size: 107,415
SAP is a leading software company that focuses on business management solutions such as data processing and information flow.
It was founded in 1972 in Weinheim, Germany.
When they released SAP R/2 and SAP R/3 software, they set a global standard in terms of enterprise resource planning (ERP). Now they have SAP S/4HANA, the latest version of ERP software. It makes use of in-memory computing; therefore, it enables tremendous amounts of data to be processed fast and smoothly.
SAP software gathers and centralizes data, normally which would be collected and analyzed separately by each department/team. It helps to have a better view and interpretation of collected data while increasing productivity -and ultimately, profits.
ERP software includes tools and programs suitable for all teams: HR, sales, marketing, product…
And SAP has different solutions for companies of different sizes. A big corporate or a small company, doesn’t matter, you can get help from them!
#12: Accenture
- Industry: Information Technology
- Market Value: $196.86B
- Employee Size: 721,000
It’s not easy to be recognized as a successful company by business magazines and get featured. But if there’s anything harder, it is to be recognized and loved by those who got featured there.
Accenture has been working with 89 of Fortune 100 companies.
It’s also listed as one of the best workplaces for innovative people by Fast Company.
Now, who is this Accenture? Let’s have a close look at their services 👀
They provide a wide range of services. From AI and cloud services to services for marketing needs, security needs, data & analytics…
Furthermore, Accenture helps customers understand the metaverse and shape their business plans in a way that will fit into the future. With a deep understanding of the industry and the future that awaits it, they accompany customers in their metaverse journey.
#13: Salesforce
- Popular Products: Customer 360, Slack, Tableau
- Market Value: $169.72B
- Employee Size: 73,541
Salesforce is the world’s #1 customer relationship management (CRM) platform. Founded in 1999, in California, it became one of the major tech companies shortly.
It acquired several companies including Slack, Heroku, and Tableou Software.
Customer 360, Salesforce’s original product, is a platform that integrates all the data and information about your company into one place. Sales team, customer Support, marketing people, product engineers… All teams, one workspace.
You can integrate different apps with Customer 360 for sales/marketing purposes, data analysis, etc. – and actually – the more you integrate the better results you get.
#14: Adobe
- Popular products: Adobe Acrobat, Adobe Photoshop, Adobe Creative Cloud
- Market Value: $193.1B
- Employee Size: +26,000
Founded in 1982, Adobe is an American software company that provides marketing and document management solutions as well as creative tools. The corporate headquarters are in San Jose, Silicon Valley.
The company offer services in 3 main categories:
- Creative Cloud: tools for design and editing, such as InDesign, Photoshop, and Illustrator.
- Experience Cloud: services for marketing and customer experience, such as manager screens, marketing optimization, real-time CDP, and analytics.
- Document Cloud: tools for editing documents, such as Adobe Acrobat and Adobe Sign.
#15: Intuit
- Popular Products: QuickBooks, TurboTax, Mint
- Market Value: $125.37B
- Employee Size: 17,300
Intuit is a software company that is specialized in finance.
Along with their own products, QuickBooks, TurboTax, and Mint, the company owns time management and scheduling app TSheets, Mailchimp, and Credit Karma, which was another finance company but now is a brand of Intuit.