The largest ICT companies in the world have really worked so hard to have their names pasted in the stars. Before they span numerous sectors and products, including phones, social media, appliances, and computer hardware, many of these companies have had years of productive struggles and excellence.
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.
So many technology companies have become household names that everyone can think of at least a few. From tech startups to giants like Apple and Microsoft, the tech industry continues to be a beacon of in-demand and high-paying jobs. The Bureau of Labor Statistics projects computer and information technology occupations will grow 15% between 2021 and 2031.
Largest ICT Companies in the World
For instance, Apple is noted in 2022 as leading the largest ICT companies in the world by revenue, generated $378.7 billion. Their employment base and modes of payment are one of their strongest means of influence. Many of the biggest tech companies employ hundreds of thousands of people.
Apple
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 the largest market share in North America. In the same year, Apple generated $378.7 billion in revenue.
Alphabet
Alphabet, Inc. is a conglomerate holding company that operates a number of subsidiaries, including highly prolific information technology companies like Google and Google products like Chrome, Maps, Gmail, and YouTube. Alphabet has about 156,500 worldwide employees and boasted a 2022 revenue of $257.5 billion. The company ranked 11th on Forbes’ Global 2000 list in 2022.
Samsung Group
Samsung Electronics Co. produces a wide variety of electronics, including:
- Computer peripherals
- Mobile communications products
- Cable televisions
- Household appliances
- Cameras
- Medical devices
- Device solutions for businesses.
In 2022, Samsung generated a revenue of $244.2 billion. In the same year, Forbes ranked Samsung first on its World’s Best Employers list and 14th on its Global 2000 list.
Hon Hai Precision Industry Co.
Hon Hai Precision Industry Co. is the largest electronics manufacturer and also one of the largest ICT companies in the world. In 2022, Hon Hai Precision ranked 20th on the Fortune Global 500 rankings and generated $214.6 billion in 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
Microsoft Corp. 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 2022. In the same year, Forbes ranked Microsoft 12th on its Global 2000 list and second on its World’s Best Employers list.
Meta Platforms
Meta Platforms, Inc. 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 2 billion daily users, while Instagram has roughly 1.2 billion monthly users. Meta Platforms generated nearly $118 billion in 2022, earned largely through advertising.
Dell Technologies
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 produces computing products like cloud management tools and security systems.
In 2022, Dell ranked 10th on Forbes’ World’s Best Employers list and brought in a revenue of $106.8 billion.
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Tencent Holdings
Tencent Holdings Ltd. ranked 15th on Forbes’ Top 100 Digital Companies in 2019 and 28th on Forbes’ Global 2000 in 2022. The company provides the tech sector with:
- Digital marketing
- Performance-based advertising
- Corporate communications
- Software development services
The 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
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 the healthcare, manufacturing, government, and energy markets.
IBM
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 303,100 worldwide employees.
Taiwan Semiconductor Manufacturing Co.
Taiwan Semiconductor Manufacturing Co. (TSMC) primarily manufactures semiconductor devices, computer chips, and integrated circuits. In 2019, Forbes ranked TSMC 20th 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
Accenture PLC provides consulting, media, and financial services for companies that aim to use technology and outsourcing to optimize their business outcomes. Accenture has about 738,000 employees worldwide and ranked 35th on Forbes’ World’s Most Valuable Brands list in 2020.
The company is divided into five segments to serve a diverse array of organizations:
- Communications
- Media
- Products
- Resources
- Public service segments
Accenture helps clients adopt data-driven and platform-based business models, streamline consumers’ digital experiences, and integrate digital marketing strategies.
Conclusion
The United States has one of the world’s largest technology sectors. The U.S. is home to over 585,000 individual tech companies, including some of the most powerful organizations in the industry.
California’s Silicon Valley is famous for its technology sector, and many of the world’s biggest tech companies, including Apple, Alphabet, Intel, and Meta, are based in this region.
