The 20 largest technology companies in the world in 2021
It’s clear that many people think that most of these big tech companies are based in the United States. However, there has been an incredible change in recent times, in which several Asian companies have also featured in the top 10 technologies, creating stiff competition for U.S. partners.
Here is our list of the 20 largest technology companies in the world in 2021:
Apple – $260,174 Billion
Apple Inc, an American technology company based in Cupertino, is the world’s most profitable company and the most successful brand with $260 billion in revenue by 2020. It was founded in 1976 by three tech wizards – Steve Wozniak, Ronald Wayne, and Steve Jobs.
Apple initially entered the personal computer segment, then grew exponentially after the resounding success of entering the mobile phone segment. Apple Inc. started with laptops and iPhones that have now diversified into a variety of products such as Smartwatches, iPod tablets, TELEVISIONs, Accessories, and more.
Apple has a huge fan base of millions of users around the world who stand for hours together outside Apple stores to buy its products during the launch. Apple is one of the most admired brands in U.S. corporate history.
Samsung Electronics – $197.705 billion
Samsung is a multinational electronics company based in Seoul, South Korea, which is the world’s largest mobile phone manufacturer.
It is a large corporation that not only produces electronic devices such as batteries, IC chips, hard disks, image sensors, cameras, etc. but also ships, aircraft engines, turbines, and life insurance.
Samsung is Apple Inc’s biggest competitor in the mobile segment with leading brands such as the Galaxy S, Z and Note Series, etc., contributing 40% to the company’s top revenue.
Foxconn – $178,869 Billion
Foxconn is one of the world’s largest employers providing jobs to 1.29 million workers globally and the largest employer in the private sector in China.
Foxconn was founded in 1974, caters to most major brands, and manufactures custom electronic products as required by its suppliers.
Some of the company’s notable products are iPad, iPhone, Kindle, Nintendo, BlackBerry, Google Pixel, Redmi phone, PlayStation, etc.
Alphabet – $161.857 billion
Most likely internet users have definitely heard of Google.
Alphabet Inc., an American multinational, is the parent company of Google LLC and several other subsidiary companies. California-based Google Inc. is an undisputed leader in the worldwide search engine segment with a market share of 92.47% as of June 2021.
Alphabet invests in exciting and innovative projects like self-driving cars, calico longevity R&D, Nest smart home project, and more. Google, one of the most trusted technology companies, was founded by Larry Page and Sergey Brin in 1998 while they were studying at Stanford University.
Microsoft – $125.843 billion
Microsoft is one of the most expensive brands in the tech industry and also the second-largest company in the world. Microsoft, founded in 1975 by Bill Gates and Paul Allen, is a world leader in the personal computer software market.
The Microsoft Windows operating system was a huge success, bringing huge profits to the company.
Microsoft, currently led by Satya Nadella, is focusing on innovative technologies such as blockchain, machine learning, artificial intelligence, and cloud computing.
Huawei – $124.316 billion
Huawei Technologies is a Chinese technology company, a consumer electronics manufacturer, and a telecommunications industry. Huawei designs develops, and sells telecommunications equipment to major telecommunications companies around the world such as British Telecom, Motorola, Bell Canada, Vodafone, etc.
Huawei, founded in 1987 by Ren Zhengfei, began reselling private branch exchanges (PBX) in its early years.
Huawei is currently a giant in the field of telecommunications manufacturing mobile phones, fixed broadband networks, smart TVs, tablets, Dongle, Smart Watches, etc.
Dell Technologies – $92.154 billion
Dell Technology is a major U.S. technology company specializing in the personal computer market. Dell offers a wide range of products including servers, data storage devices, network switches, computer accessories, SmartTV, cameras, printers, etc.
Founded by Michael Dell in 1984, Dell technology is known for innovations in supply chain management and direct sales e-commerce models.
Hitachi – $80.639 billion
Hitachi, Ltd. is a multinational technology corporation from Japan with business interest in the fields of Information Technology, Artificial Intelligence, Internet of Things and Big Data.
Tokyo-based Hitachi was founded by Namihei Odaira in 1910, and the company began producing induction motors for copper mining.
IBM – $77.147 billion
International Business Machines Corporation, commonly known as IBM, is a U.S.-based multinational technology company with operations in more than 171 countries. IBM’s main focus is Research and Development with record annual patents filed by the company in the United States for nearly 28 consecutive years.
IBM manufactures and sells computer hardware and software, and provides large computer storage and consulting services for nanotechnology.
IBM has invented many technological products such as automated teller machines (ATMs), floppy disks, magnetic cards, hard drives, relation databases, UPC barcodes, and dynamic random access memory (DRAM).
Sony – $75.972 billion
Sony Group Corporation is one of the world’s largest consumer electronics manufacturers and the world’s largest video game console company and publisher.
Sony has a 55% share of the lion’s market share in the image sensor market. Sony is the world’s largest image sensor manufacturer and the second-largest camera manufacturer. In the high-end TV segment, Sony TVs are leading the world.
In terms of annual revenue, Sony ranks third in television production. Masaru Ibuka started an electronics store in 1946, which was later joined by co-founder Akio Morita to found Tokyo Tsushin Kogyo, Ltd later renamed Sony.
Intel – $71.965 billion
Intel Corporation is a multinational technology company based in the United States, leading the world in the semiconductor chip segment by revenue.
Intel has a long production chain including Central Processor (CPU), Processor, Integrated Graphics Processor (iGPU), System on Chip (SoC), Motherboard Chipset, Modem, Wi-Fi, Bluetooth, etc.
Founded in 1968, the company’s main client list includes the world’s major PC companies such as Lenovo, HP, and Dell powered by Intel processors. Renowned engineer Gordon E. Moore, who is known for “Moore’s Law” is the founder of Intel.
Facebook – $70.697 billion
California-based Facebook Inc. is the most popular social networking site in the world. Facebook was founded by Mark Zuckerberg in 2004 and has acquired many social media companies such as Instagram, WhatsApp, Oculus in the past.
Facebook, commonly known as FB, recorded its highest-ever revenue of $70.7 billion in 2020 since its inception. It employs 60,600 associates worldwide. FB has about 2.85 billion monthly active users as of 2021.
Panasonic – $68.897 billion
Panasonic Corporation, formerly Matsushita Electric Industrial Co., was a major Japanese consumer electronics company that led the world until the late 20th century. Panasonic was originally involved in the production of light bulb sockets when it was founded in 1918 by Kōnosuke Matsushita.
Panasonic has a wide range of products such as rechargeable batteries, TVs, home appliances, automobiles and industrial systems, interested in the construction and real estate sectors.
HP Inc. – $58.756 billion
HP Inc. is a U.S. technology company headquartered in Palo Alto, a world leader in the computer and printer segment. HP was previously known as Hewlett-Packard.
HP manufactures Personal Computers, Printers, Scanners, 3D printing solutions and related supplies.
Tencent – $54.613 billion
Tencent is a Chinese corporate technology company, also a joint venture, and an investment firm. Tencent Holdings is a significantly large company not only in the gaming industry but also in many other segments in which it operates such as mobile games, music, web portals, e-commerce, Internet services.
Tencent was founded in 1998 by five members – Pony Ma, Zhang Zhidong, Xu Chenye, Chen Yidan, and Zeng Liqing. It is headquartered in The Nanshan District of Shenzhen. Tencent Music has 700 million active users and it employs 85,800 people.
LG Electronics – $53.464 billion
LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea.
Since 2008, LG Electronics has remained the world’s fourth-largest LCD tv manufacturer. The company has 128 operations worldwide,
Cisco – $51.904 Billion
Cisco Systems, Inc. is an American technology giant headquartered in San Jose. Cisco designs and manufactures network hardware equipment, software, telecommunications equipment, etc.
Cisco has expertise in niche technology markets such as the Internet of Things (IoT), domain security, and energy management.
Lenovo – $50.71 billion
Lenovo is a Chinese multinational technology company specializing in the design, development, manufacture, and sale of PCs, Tablets, Smartphones, Servers, Supercomputers, IT Management Software, and Smart TVs.
As of 2021, Lenovo is the world’s largest pc vendor by a unit of sales.
TSMC – $47.95 billion
Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) is a multinational company based in Taiwan specializing in semiconductor manufacturing. It is Taiwan’s largest company located in Tan Truc Science Park in Tan Truc.
TSMC is the world’s most valuable company in the semiconductor segment. TSMC was founded in 1987 by Morris Chang and is now owned by foreign investors.
Xiaomi – $46.1 billion
Xiaomi Group is a major Chinese electronics corporation founded just 10 years ago in April 2010. MI phones are the company’s flagship product in the smartphone segment.
Xiaomi sells technology products such as Smartphones, Smartwatches, SmartTV, Laptops and consumer products such as household appliances, handbags, shoes, etc.