The Top 20 Biggest Technology Businesses Globally in 2024

Last updated by Editorial team at business-fact.com on Sunday, 1 September 2024
The Top 20 Biggest Technology Businesses Globally in 2024

In the rapidly evolving landscape of technology, the titans of the industry continue to dominate, shaping not only the market but also the way individuals and businesses interact with the digital world. As of 2024 going into 2025, the following twenty companies stand out as the largest technology businesses globally, based on their market capitalization, revenue, and influence within the sector. Each of these companies has carved a niche for itself, contributing significantly to technological advancements and the global economy.

1. Apple Inc.

Apple Inc., founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, has consistently been at the forefront of innovation. With a market capitalization of approximately $3.44 trillion, Apple remains the most valuable company in the world. The company's product lineup, which includes the iPhone, iPad, MacBook, and various accessories such as the Apple Watch and AirPods, has set industry standards for design and functionality. In 2023, Apple reported revenues of $383.3 billion, showcasing its ability to generate substantial income through a diverse range of products and services. Additionally, Apple's commitment to research and development ensures that it remains a leader in technological innovation.

2. Microsoft Corporation

Founded in 1975 by Bill Gates and Paul Allen, Microsoft Corporation has evolved from a software company primarily known for its Windows operating system to a multifaceted technology giant. With a market cap of around $3 trillion, Microsoft reported revenues of $211.9 billion in 2023. The company offers a wide array of products, including the ubiquitous Microsoft Office suite, Azure cloud services, and gaming consoles like Xbox. Microsoft's strategic acquisitions, such as LinkedIn and Activision Blizzard, have further solidified its position in the market, allowing it to expand its influence across various sectors, including social networking and gaming.

3. Nvidia Corporation

Nvidia has rapidly ascended the ranks of technology companies, primarily due to its dominance in graphics processing units (GPUs) and artificial intelligence (AI) technologies. Founded in 1993, Nvidia's market capitalization surpassed $3 trillion in early 2024, a testament to its pivotal role in the AI and gaming industries. The company reported revenues of $50.9 billion, driven by the increasing demand for high-performance computing and AI solutions. Nvidia's GPUs are critical in powering everything from gaming consoles to data centers, making it an essential player in the tech ecosystem.

4. Alphabet Inc.

As the parent company of Google, Alphabet Inc. has established itself as a leader in online advertising and digital services. Founded in 1998, Alphabet has a market capitalization of approximately $2.4 trillion and reported revenues of $307.4 billion in 2023. The company's diverse portfolio includes popular services such as Google Search, YouTube, and Google Cloud. Alphabet's ability to leverage data and analytics has positioned it as a dominant force in the advertising space, while its investments in emerging technologies, such as autonomous vehicles through Waymo, indicate its commitment to future growth.

5. Amazon.com, Inc.

Amazon.com, founded in 1994 by Jeff Bezos, has transformed from an online bookstore into a global e-commerce and cloud computing powerhouse. With a market capitalization of around $1.5 trillion and revenues exceeding $514 billion in 2023, Amazon's influence spans numerous sectors, including retail, cloud services (through Amazon Web Services), and entertainment (via Prime Video). The company's innovative logistics and fulfillment strategies have set new standards in e-commerce, while its foray into AI and machine learning continues to enhance its operational efficiency and customer experience.

6. Samsung Electronics Co., Ltd.

Samsung Electronics, a subsidiary of the South Korean conglomerate Samsung Group, is a global leader in consumer electronics and semiconductors. Founded in 1969, Samsung has a market capitalization of approximately $1.3 trillion and reported revenues of $200 billion in 2023. The company's product offerings include smartphones, televisions, and home appliances, making it a household name worldwide. Samsung's commitment to research and development has led to numerous technological breakthroughs, particularly in display technology and mobile devices.

7. Meta Platforms, Inc.

Meta Platforms, formerly known as Facebook, has undergone significant transformation since its inception in 2004 by Mark Zuckerberg and his college roommates. With a market capitalization of around $800 billion and revenues of $117 billion in 2023, Meta has expanded beyond social networking to encompass virtual reality and augmented reality through its Oculus division. The company's focus on building the metaverse reflects its ambition to redefine digital interaction and communication in the coming years.

8. Tesla, Inc.

Tesla, founded in 2003 by Elon Musk and a group of engineers, has revolutionized the automotive industry with its electric vehicles (EVs) and energy solutions. With a market capitalization of approximately $800 billion and revenues of $81.5 billion in 2023, Tesla's innovative approach to sustainable transportation has garnered significant attention and investment. The company's commitment to expanding its production capabilities and developing new technologies, such as autonomous driving, positions it as a key player in the future of mobility.

9. Intel Corporation

Intel Corporation, founded in 1968, is a leading manufacturer of semiconductor products and microprocessors. With a market capitalization of around $600 billion and revenues of $63 billion in 2023, Intel's products are integral to computing devices worldwide. The company's ongoing investments in research and development aim to enhance its manufacturing processes and product offerings, particularly in the areas of AI and cloud computing, ensuring its relevance in an increasingly competitive landscape.

10. Oracle Corporation

Founded in 1977, Oracle Corporation is a multinational computer technology company specializing in database software and cloud solutions. With a market capitalization of approximately $300 billion and revenues of $55 billion in 2023, Oracle has established itself as a leader in enterprise software. The company's focus on cloud computing and its acquisition of various technology firms have positioned it to compete effectively against other major players in the tech industry.

Top 20 Technology Companies (2024-2025)

CompanyMarket Cap (USD)Revenue (USD)

11. IBM Corporation

International Business Machines Corporation (IBM), founded in 1911, has a long history of innovation in computing and technology. With a market capitalization of approximately $150 billion and revenues of $65 billion in 2023, IBM has transitioned to focus on cloud computing, AI, and enterprise solutions. The company's commitment to research and development has led to significant advancements in quantum computing and blockchain technology, ensuring its continued relevance in the tech landscape.

12. Salesforce, Inc.

Salesforce, founded in 1999 by Marc Benioff and Parker Harris, is a leading provider of customer relationship management (CRM) software. With a market capitalization of around $200 billion and revenues of $31 billion in 2023, Salesforce has transformed how businesses manage customer interactions and data. The company's focus on cloud-based solutions and its commitment to innovation have made it a key player in the software industry.

13. Broadcom Inc.

Broadcom Inc., founded in 1991, is a global technology company specializing in semiconductors and infrastructure software solutions. With a market capitalization of approximately $250 billion and revenues of $38 billion in 2023, Broadcom plays a crucial role in the supply chain for various electronic devices. The company's strategic acquisitions and focus on innovation have positioned it as a leader in the semiconductor industry, particularly in the fields of wireless communication and data center solutions.

14. Adobe Inc.

Adobe Inc., founded in 1982, is renowned for its creative software products, including Photoshop, Illustrator, and Adobe Acrobat. With a market capitalization of around $150 billion and revenues of $20 billion in 2023, Adobe has successfully transitioned to a subscription-based model, significantly increasing its customer base and revenue. The company's commitment to innovation in digital media and marketing solutions has solidified its position as a leader in the creative software industry.

15. Tencent Holdings Limited

Tencent Holdings, founded in 1998, is a Chinese multinational conglomerate with a diverse portfolio that includes social media, gaming, and digital payments. With a market capitalization of approximately $600 billion and revenues of $80 billion in 2023, Tencent is a dominant player in the Chinese tech landscape. The company's flagship products, such as WeChat and QQ, have transformed communication and social interaction in China, while its investments in gaming and entertainment have further expanded its influence.

16. Shopify Inc.

Shopify, founded in 2006, is an e-commerce platform that enables businesses to create online stores and sell products. With a market capitalization of around $100 billion and revenues of $5 billion in 2023, Shopify has become a go-to solution for entrepreneurs and small businesses looking to establish an online presence. The company's focus on providing user-friendly tools and resources has made it a leader in the e-commerce space, particularly among small to medium-sized enterprises.

17. Uber Technologies, Inc.

Uber Technologies, founded in 2009, has transformed the transportation industry with its ride-hailing and food delivery services. With a market capitalization of approximately $80 billion and revenues of $36 billion in 2023, Uber's innovative platform has disrupted traditional transportation models. The company's expansion into autonomous vehicles and logistics solutions reflects its commitment to redefining mobility and delivery services in the digital age.

18. Zoom Video Communications, Inc.

Zoom Video Communications, founded in 2011 by Eric Yuan, gained prominence during the COVID-19 pandemic as a leading video conferencing platform. With a market capitalization of around $30 billion and revenues of $5 billion in 2023, Zoom's user-friendly interface and reliable service have made it a staple for remote work and virtual meetings. The company's ongoing investments in enhancing its platform and expanding its offerings demonstrate its commitment to remaining a key player in the communication technology sector.

19. Capgemini SE

Capgemini, founded in 1967, is a global consulting and technology services company. With a market capitalization of approximately $30 billion and revenues of $20 billion in 2023, Capgemini provides a wide range of services, including digital transformation, IT consulting, and managed services. The company's focus on innovation and its commitment to helping clients navigate the complexities of digital transformation have positioned it as a leader in the consulting space.

20. TSMC (Taiwan Semiconductor Manufacturing Company)

Founded in 1987, TSMC is the world's largest dedicated independent semiconductor foundry. With a market capitalization of approximately $600 billion and revenues of $70 billion in 2023, TSMC plays a critical role in the global supply chain for electronic devices. The company's advanced manufacturing capabilities and commitment to research and development have positioned it as a leader in semiconductor technology, serving clients across various industries, including consumer electronics, automotive, and telecommunications.

In summary, the technology sector continues to be a driving force in the global economy, with these twenty companies leading the charge in innovation, revenue generation, and market influence. As technology continues to evolve, these businesses are well-positioned to adapt and thrive in an increasingly competitive landscape, shaping the future of how individuals and organizations interact with technology.