It is not simple to visualize the world without technology, and technology is the most potent sector that shapes the world’s economy by establishing the latest trends and operating transformational changes across all business segments.
The business world reflects and is devastated by the pandemic in 2021. Those who earned profit adapted quickly through technology that has enabled an accelerated digital transformation to deliver green shoots of recovery and prosperity for those on this list. The renowned enablers of worldwide digital transformation, these ten giants of the technology landscape are helping tackle virtually every kind of problem.
We have assembled a checklist of the world’s top 10 companies by revenue primarily associated with the tech industry, including software, hardware, electronics manufacturing, artificial intelligence, semiconductors, internet and related services, and e-commerce; the most influential technology companies by the measure of their global impact.
Here is our list of the 10 Most Influential Technology Companies to Watch in the world as of 2022:
- Apple – $2248.61 Billion
Apple Inc was founded by three tech wizards – Steve Wozniak, Ronald Wayne, and Steve Jobs, in 1976, a Cupertino-based American tech company. Apple Inc began with Laptops and iPhones and has now modified into a broad range of products like iPod tablets, Smartwatch, Television, Accessories, etc… Apple is the world’s most profitable and successful brand, with a revenue of $274.51 billion as of 2021.
Apple has millions of fans worldwide who stand together outside Apple stores for hours to grab its products during their launch. Apple is the most appreciated brand in the record of corporate America. Apple, 13.99% increase year-over-year.
- Microsoft – $1941.41 Billion
Microsoft is one of the most expensive tech industry brands and the second-largest company in the world. Microsoft was founded in 1975 by Bill Gates and Paul Allen and is the world leader in the personal computer software market field. The company’s Windows operating system was a runaway success that generated enormous profits.
Now, Microsoft is headed by Satya Nadella, focusing on innovative technologies like blockchain, machine learning, artificial intelligence, and cloud computing.
- Google LLC (Alphabet) – $1549 Billion
Alphabet Inc, an American multinational company, is the parent company of Google LLC and several other subsidiary companies. California-based Google Inc. is the undisputed leader in the search engine segment worldwide, with a market share of 91.9% as of 2022.
As of October 2021, the company grew its revenue 41% year over year to a record $65.12 billion and profits of US$18.94 bn, or $27.99 per share. Additionally, Google’s cloud revenue jumped 45% to US$4.99 bn, while operating loss narrowed to $644 million from US$1.21 bn a year ago.
- Amazon – $1114.66 Billion
Amazon, an E-commerce platform founded in 1994, was the massive beneficiary of the pandemic, and former CEO Jeff Bezos stepped down after 27 years at the helm in July last year, and the revenue for 2021 was $469.822B, a 21.7% increase from 2020.
“As Prime Video turns 10, over 175 million Prime members have streamed shows and movies in the past year, and streaming hours are up more than 70% year over year,” he said. AWS had grown in its first 15 years to deliver US$54bn in annual sales.
At COP26, Jeff Bezos announced a pledge of US$2bn to ‘help nature, as Amazon-backed electric car firm Rivian raised almost US$12bn and Blue Origin launched six rockets this year in a flurry of spaceflight activity. The CEO of Amazon is Andy Jassy, and Amazon’s revenue for the twelve months ending March 31,
- Meta Platforms – $538 Billion
Facebook was founded by Mark Zuckerberg in the year 2004 and has obtained many social media companies like Instagram, WhatsApp, and Oculus in the recent past. California-based Meta Platforms Inc, the parent company of social media giant Facebook, is the world’s most popular social networking site.
Meta Platforms Inc. registered the most elevated sales of $85.96 billion in 2021 since its inception ever. Facebook engages 71,970 associates worldwide and has roughly 2.91 billion monthly active users as of 2022. Recently, Facebook underwent a rebranding exercise to prioritize metaverse ambitions.
- Samsung Electronics – $500 Billion
Samsung is Seoul, South Korea-based multinational electronics company, the world’s most extensive mobile phone manufacturing company.
It is a giant conglomerate that not only creates electronics devices but also provides batteries, IC chips, hard disks, image sensors, cameras, ships, aircraft engines, turbines, and life insurance.
- Alibaba Group– $325.66 Billion
Alibaba, an eCommerce group, was established in 1999, led by Jack Ma, a former English teacher from Hangzhou, China.
Alibaba Group’s mission is to make it easy to do business anywhere – operating digital media and entertainment, eCommerce, cloud computing, and innovation initiatives. While their primary business comes from their 912 million consumers in China, the company has 265 million overseas served by Lazada, AliExpress, Trendyol, and Daraz, making a total of well over 1 billion active users. Unconsolidated related party Ant Group also provides digital payment and financial services to consumers, merchants, and other businesses on our platforms.
- Foxconn – $214 Billion
Foxconn is a Taiwanese electronics contract manufacturing company headquartered in New Taipei City. Foxconn is one of the world’s largest employers employing 1.29 million workers globally, and it is the largest private-sector employer in China.
Foxconn, founded in 1974, caters to almost all major brands and manufactures customized electronic products per the vendor’s requirement.
Some fantastic products made by the company are iPad, iPhone, Kindle, Nintendo, BlackBerry, Google Pixel, Redmi phones, PlayStation, etc.
- Huawei – $129.18 Billion
Huawei Technologies is a Chinese technology company that is a consumer electronics manufacturer and caters to the telecom industry. In its initial years, Huawei was founded in 1987 by Ren Zhengfei and started reselling private branch exchange (PBX).
Huawei designs, develop and sells telecommunications equipment to major companies like Motorola, British Telecom, Bell Canada, and Vodafone. Huawei is currently a telecom behemoth that develops Mobile phones, fixed broadband networks, Smart TVs, Tablet computers, Dongles, and smartwatches.
- IBM –$123.78 Billion
International Business Machines Corporation, generally referred to as IBM, is a US-based multinational technology with operations in more than 171 countries. IBM was founded in 1911 and is an Information Technology and Services provider run by CEO Arvind Krishna.
IBM manufactures and vends computer hardware and software. Also, it delivers hosting and consulting services in mainframe computers to nanotechnology.
IBM has originated numerous technical products like magnetic stripe cards, automated teller machines (ATM), floppy disks, hard disk drives, UPC barcodes, relational databases, and dynamic random-access memory (DRAM).
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