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| Top 10 Largest Tech Companies in the World 2022 |
The technology industry is one of the highest-paying industries in the world. It combines several fields, all of which are usually based on the use of information technology (IT). Many aspects of our daily lives, such as how we communicate with others, are made possible by modern innovations created by these techs and IT companies.
Indeed, the largest technology companies typically have multiple revenue streams from various fields and branches within the general IT industry. The largest and most prominent technology companies earn billions of dollars per year from these various revenue streams, which include sales of consumer products and online services.
The following list ranks the world's largest tech companies based on the most recent revenue achieved by each company.
Table of Contents
- Top 10 Largest Technology Companies In The World in 2022
- #1 — Apple
- #2 — Samsung
- #3 — Foxconn
- #4 — Alphabet
- #5 — Microsoft
- #6 — Huawei
- #7 — Dell
- #8 — Hitachi
- #9 — IBM
- #10 — Sony
Top 10 Largest Technology Companies In The World in 2022
Most people believe that the majority of these large tech companies are headquartered in the United States. However, there has been a dramatic shift in recent years, with several Asian companies appearing in the top ten tech companies, challenging their American competitors.
Here is our list of the top ten largest technology companies in the world in 2022.
1. Apple
Revenue: $261.2 billion in revenue
Founded: Established in 1976
Headquarters: Cupertino, California, USA is the headquarters
Main Technology Products: Consumer electronics, software, and online services are the most essential technological products/services.
Apple's products are among the most well-known in the world. Sales of iPhones, MacBook's, and other gadgets are the company's most profitable revenue streams, but online services such as the App Store and iTunes Store are also very profitable.
In addition, the IT firm is constantly venturing into new branches and technological fields, always aiming for the high-end segments of each market.
Apple is not only one of the largest technology companies, but its brand is also one of the most valuable in the world. As a result, Apple is frequently making headlines in the stock market.
Outside of the stock market, the company, along with other tech titans such as Alphabet, Inc., and Microsoft, is a mainstay in stock CFD trading.
This market enables even more investors to profit from Apple's success, as the company continues to outperform its competitors and report consistently strong growth.
All of this adds to the California-based IT firm's numerous strong revenue streams.
2. Samsung
Revenue: $221.6 billion in revenue
Founded: Established in 1938
Headquarters: Suwon, Gyeonggi Province, South Korea
Main Technology Products/Services:
Consumer electronics and health technology are the two most critical technological products/services.
In the consumer electronics market, Samsung is Apple's main competitor. In fact, the South Korean tech firm has a more diverse portfolio in the consumer electronics market than Apple.
Samsung is a leading manufacturer of televisions, hard drives, cameras, and other electronic devices. However, as with Apple, smartphone sales continue to be Samsung's main source of revenue.
Outside of the consumer electronics market, Samsung has established itself as a market leader in health technology.
3. Foxconn
Revenue: $178.1 billion in revenue
Founded: Established in 1974
Headquarters: Located in New Taipei City, Taiwan
Main Tech Products: Consumer electronics are the most important technology products/services (manufacturing services)
Although Foxconn does not have the same name-brand recognition as tech companies such as Apple or Samsung, the Taiwanese company is the world's largest provider of electronics manufacturing services.
Foxconn plants produce popular products such as the iPhone, Kindle, and PlayStation. In fact, the majority of the tech and IT companies in this ranking are Foxconn customers.
So, while the company may not develop its own products, Foxconn's business will remain stable as long as companies like Apple and Sony sell its products.
4. Alphabet
Revenue: $161.9 billion in revenue
Founded: Established in 2015 (through restructuring of Google)
Headquarters: Mountain View, California, USA is the company's headquarters
Main Technology Products: Internet search engines, software, cloud computing, consumer electronics, and online services are the most important technological products/services.
Most people are familiar with Alphabet, Inc. as Google, Inc. Google Co-Founder Larry Page announced in 2015 that the IT firm would restructure as Alphabet Inc., a multinational tech conglomerate with businesses other than its original search engine and other internet-related services.
Alphabet Inc. is now a member of the $1 trillion clubs, which includes companies with market values in the trillions. Alphabet Inc. is one of the most popular stocks among investors, as the IT company and tech titan continues to develop cutting-edge technology in a variety of fields.
5. Microsoft
Revenue: $143.0 billion in revenue
Founded: Established in 1975
Headquarters: Redmond, Washington, USA is the headquarters
Main Technology Products: Software, consumer electronics, and cloud computing are the most important technological products/services.
Microsoft is the world's largest software company, best known for its Windows and Office franchises, which are installed on nearly a billion computers worldwide. Even non-Windows computers use the Office suite, which includes Microsoft Word and PowerPoint.
It's a clear display of dominance owing to years of experience developing products that consumers require and rely on on a daily basis.
However, Microsoft is now more than just a software company. It is a technology company with a diverse and expanding portfolio, having established itself in the consumer electronics (including video games) and cloud computing industries.
6. Huawei
Revenue: $123.0 billion in revenue
Founded: Established in 1987
Headquarters: Shenzhen, Guangdong, China is the headquarters.
Main technology Products: Consumer electronics and telecommunications technology are the two most important technological products/services.
Huawei, despite being a relatively young technology company, is quickly becoming a formidable competitor of more established tech companies, particularly in the consumer electronics market.
The Chinese IT firm is best known for its high-tech yet low-cost smartphones, which are now sold all over the world, and it is a fierce competitor to Apple and Samsung.
Huawei is also a major telecommunications equipment manufacturer and provider of numerous telecommunications services.
As a result, the technology company is currently the leading global supplier of equipment to upgrade the world's mobile network standard to the new 5G technology standard (at least in countries where it is not prohibited from doing so due to regulatory restrictions).
7. Dell
Revenue: $92.2 billion in revenue
Founded: Established in 2016 (through the merger of Dell, Inc. and EMC Corporation)
Headquarters: Round Rock, Texas, USA is the company's headquarters.
Main Tech products: Consumer electronics, software, and cloud computing are the most important technological products/services.
Dell Technologies emerged from the 2016 merger of Dell and EMC Corporation. The former was known for its computers and related technologies, while the latter was one of the IT industry's best-kept secrets.
Before forming what is now known as Dell Technologies, EMC Corporation developed data storage as well as data management hardware and software.
This Texas-based technology firm still primarily develops notebooks and PCs but has since expanded to provide software, network security, information security services, and cloud storage.
8. Hitachi Inc.
Revenue: $89.4 billion in revenue
Founded: Established in 1910
Headquarters: Tokyo, Japan is the headquarters.
Main Tech Products: Telecommunications technology and information systems are the two most important technological products/services.
Hitachi provides technology services to a wide range of industries, including automotive parts, construction machinery, digital media, and telecommunications.
The over 100-year-old Japanese company is now one of the world's top-earning IT companies and the largest without a meaningful market share in the consumer electronics market.
While this may harm the technology company's overall brand recognition, Hitachi is well-known and valued in the business world. Their IT strategies are geared toward corporate environments, utilizing cutting-edge technology such as cloud solutions and big data analytics.
Given the scope of Hitachi's operations, it's not surprising that it ranks among the top ten companies around the world.
9. IBM
Revenue: $77.1 billion in revenue
Founded: Established in 1911
Headquarters: Located in Armonk, New York, USA
Main Tech Products: Artificial intelligence, IT infrastructure, and cloud computing are the most important technological products/services.
Founded over a century ago, IBM is now one of the world's most unique, innovative, and, of course, largest technology companies. The company is a leader in many rapidly growing technology fields with enormous future potential, most notably in artificial intelligence (AI). I
IBM, as one of the first IT companies in history, is also a leading manufacturer of several IT infrastructure components to this day.
While revenue fell slightly in the second quarter of 2020, the company is still growing overall, thanks in part to newly generated revenue.
10. Sony
Revenue: $76.0 billion in revenue
Founded: Established in 1946
Headquarters: Tokyo, Japan is the headquarters.
Main Tech products: Consumer electronics, health technology, and biotechnology are the most important technological products/services.
Sony is another well-known Japanese technology conglomerate. Sony is one of the world's leading manufacturers of consumer electronics, with market shares in a variety of product categories, including the company's highly successful involvement in the video game market.
However, the IT firm has recently expanded into many other industries with enormous future growth potential, most notably the health technology and biotechnology sectors.
