This list ranks the world's largest technology companies today based on each company's most recent realized revenue data (as of October 2020).
1. Apples
Revenue: $261.2 billion
Founded: 1976
Headquarters: Cupertino, California, USA
Major technology products/services: consumer electronics, software, online services
Apple's products are among the most well-known in the world. Sales of iPhones, MacBooks, and other products are the tech giant's top source of revenue, but online services like the App Store and iTunes Store are also very lucrative. The IT company is also constantly venturing into new branches and technology areas, always targeting the high-end segments of each market.
Apple is not only home to the largest technology companies, the Apple brand is also one of the most valuable companies in the world. As a result, Apple has been making headlines in the stock market. In addition to the stock market itself, the company, along with other tech giants such as Alphabet, Inc., and Microsoft, is a mainstay of stock CFD trading. This market allows more investors to take advantage of Apple's success as Apple continues to outperform its competitors and continues to grow strongly. All of this has resulted in many strong revenue streams for the California-based IT company.
2. Samsung
Revenue: $221.6 billion
Founded: 1938
Headquarters: Suwon, Gyeonggi-do, South Korea
Major technology products/services: consumer electronics, health technology
Samsung is Apple's biggest competitor in the consumer electronics space. The South Korean tech company actually has a broader portfolio in the consumer electronics market than Apple. Samsung is a leading manufacturer of TVs, hard drives, cameras, and more. Still, like Apple, smartphone sales remain Samsung's biggest source of revenue. Outside of the consumer electronics market, Samsung has also managed to become a leading company in the health technology market.
3. Foxconn
Revenue: $178.1 billion
Founded: 1974
Headquarters: Consumer Electronics, New Taipei City, Taiwan, China
Main Technology Products/Services: Manufacturing Services
Foxconn may not have the same brand recognition as tech companies like Apple or Samsung, but the Taiwanese company is actually the world's largest provider of electronics manufacturing services. Popular products such as iPhone, Kindle or PlayStation are all manufactured by Foxconn factories. In fact, most of the technology and IT companies in this ranking are Foxconn customers. So, while the company may not launch its own products, Foxconn's business will remain stable as long as companies like Apple and Sony sell their products.
4.Alphabet
Revenue: $161.9 billion
Founded: 2015 (restructured through Google)
Headquarters: Mountain View, California, USA
Major technology products/services: Internet search engines, software, cloud computing, consumer electronics, online services
Most people know that Alphabet, Inc. was formerly known as Google, Inc. In 2015, Google co-founder Larry Page announced that the IT company would be reorganized into Alphabet Inc., a multinational technology conglomerate that had other businesses besides the original search engine and other internet-related services. Today, Alphabet Inc. is part of a trillion-dollar club of companies with a market capitalization of trillions of dollars. Alphabet Inc. is one of the most sought-after stocks by investors because the IT company and tech giant is constantly developing innovative technologies in various fields.
5. Microsoft
Revenue: $143 billion
Founded: 1975
Headquarters: Redmond, Washington, USA
Key Technology Products/Services: Software, Consumer Electronics, Cloud Computing
Microsoft is the world's largest software company and is known for its Windows and Office franchises installed on nearly a billion computers worldwide. Even non-Windows computers use the Office product suite, which includes Microsoft Word and Microsoft PowerPoint. This is a clear indication of the dominance that comes with our years of experience in developing products that consumers need and rely on on every day. But Microsoft today is more than just a software company. It is a technology company with a broad and growing product portfolio that has established itself in the consumer electronics industry, including the video game industry, and in the cloud computing space.
6. Huawei
Revenue: $123 billion
Founded: 1987
Headquarters: Shenzhen, Guangdong Province, China
Key Technology Products/Services: Consumer Electronics, Telecom Technology
As a relatively young technology company, Huawei is quickly becoming a formidable competitor to established technology companies, especially in the consumer electronics market. This company is primarily known for its high-tech and affordable smartphones, which are now sold all over the world and are fierce competitors to Apple and Samsung. Huawei is also a major manufacturer of telecommunications equipment and a provider of many telecommunications services. As a result, the technology company is currently the world's leading equipment supplier for upgrading the world's mobile network standards to the new 5G technology standard.
7. Dell Technologies
Revenue: $92.2 billion
Founded: 2016 (through the merger of Dell, Inc. and EMC Corporation)
Headquarters: Round Rock, Texas, USA
Key Technology Products/Services: Consumer Electronics, Software, Cloud Computing
Dell Technologies is the result of the merger of Dell and EMC Corporation in 2016. The former is known for its computers and related technologies, while the latter is considered one of the IT industry's best-kept secrets. EMC developed data storage and data management hardware and software before formally partnering with Dell to establish what is now Dell Technologies. The Texas-based tech company still primarily develops laptops and PCs, but has since also started offering software, cybersecurity, information security services, and cloud storage services.
8. Hitachi
Revenue: $89.4 billion
Founded: 1910
Headquarters: Tokyo, Japan
Main technology products/services: telecommunication technology, information systems
Automotive parts, construction machinery, digital media and telecommunications – Hitachi provides technical services to many different industries. The traditional Japanese company, which has a history of more than 100 years, is today one of the most profitable IT companies in the world and the largest company that does not have any meaningful market share in the consumer electronics market. While this may hurt the overall brand perception of tech companies, Hitachi is well known and valued in the corporate world. Their IT strategy focuses on the enterprise environment, adopting advanced technologies such as cloud solutions and big data analytics. Looking at Hitachi's business scope, it's no surprise that it's among the top 10 IT companies in the world.
9、IBM
Revenue: $77.1 billion
Founded: 1911
Headquarters: Amunk, New York, USA
Key Technology Offerings: Artificial Intelligence, IT Infrastructure, Cloud Computing
Founded more than a century ago, IBM is today one of the most unique and innovative companies, and certainly remains one of the largest technology companies in the world. The company is a leader in many fast-moving technology areas with great potential for the future, but first and foremost in the field of artificial intelligence (AI). As one of the first IT companies in history, IBM remains a leading manufacturer of a wide range of IT infrastructure components.
Despite a slight decline in revenue in the second quarter of 2020, the company is still growing overall, thanks to newly generated revenue streams such as cloud computing services.
10. Sony
Revenue: $76 billion
Founded: 1946
Headquarters: Tokyo, Japan
Key Technology Products/Services: Consumer Electronics, Health Technology, Biotechnology
Sony is another Japanese technology group that has a global reputation. Sony belongs to the leading manufacturers in the field of consumer electronics, with leading market share in various product types, including the company's very successful foray into the video game market. But more recently, the IT company has also ventured into many other industries with great potential for future growth, especially in the fields of health technology and biotechnology.