Top 10 technology companies that have the highest market value năm 2024

The world's biggest companies by market capitalization operate within a range of different market sectors, including technology, communication services, energy, consumer cyclicals, and financial services.

The majority of the companies making up the top-10 list generate hundreds of billions of dollars in annual revenue. However, there are a few that generate less than $100 billion in annual revenue, suggesting that investors are optimistic about the potential growth of these companies compared to the others on the list.

Companies are ranked as per TradingView's list of largest companies by market cap. All figures, which are also taken from TradingView, are current as of Nov. 22, 2023.

Key Takeaways

  • Companies' values are often measured by market capitalization or the value of all of the shares in the market.
  • Apple, Microsoft, and Saudi Aramco are the top three global companies, each with market caps exceeding $2 trillion.
  • Technology and energy companies rank among the most valuable companies in the world today.
  • U.S.-based companies fill most of the top slots.

1. Apple (AAPL)

  • Market Cap: $2.97 trillion
  • Revenue (TTM): $383.28 billion
  • Net Income (TTM): $97 billion
  • 1-year Trailing Total Return: 29.15%
  • Exchange: Nasdaq
  • Year Founded: 1976

Apple (AAPL) has become the world's most valuable company. The company designs, manufactures, and markets a broad range of consumer technology products, including smartphones, personal computers, tablets, wearable devices, home entertainment devices, and more. Some of its most popular products include its iPhone smartphones and Mac computers.

Apple also has dramatically expanded its sales from services. It operates digital content stores, provides cloud and payment services, and recently launched AppleTV+, a streaming service for on-demand entertainment content.

2. Microsoft (MSFT)

  • Market Cap: $2.81 trillion
  • Revenue (TTM): $218.31 billion
  • Net Income (TTM): $77.1 billion
  • 1-year Trailing Total Return: 55.12%
  • Exchange: Nasdaq
  • Year Founded: 1975

Microsoft (MSFT) is a global developer and licensor of software, devices, solutions, and services. The company is well known for its Windows and Office Suite software as well as its XBox gaming hardware. The company is getting a growing share of its profit and revenue from cloud computing services, for which it is one of the market leaders.

Microsoft's main cloud platform is called Azure. Microsoft also owns and operates LinkedIn, the popular social networking site for professionals and job seekers.

3. Saudi Aramco (2222.SR)

  • Market Cap: $2.15 trillion
  • Revenue (TTM): $501.64 billion
  • Net Income (TTM): $126.52 billion
  • 1-year Trailing Total Return: 11.16%
  • Exchange: Tadawul (Saudi Stock Exchange)
  • Year Founded: 1933

Saudi Arabian Oil, better known as Saudi Aramco, is a Saudi Arabia-based integrated oil and gas company. The company was founded as Standard Oil's overseas operations and is today owned by the Saudi government.

Aramco operates both an upstream and downstream segment:

  • Its upstream segment engages in the exploration and production of crude oil, condensate, natural gas, and natural gas liquids (NGLs).
  • The downstream segment is engaged in refining and petrochemical manufacturing, distribution, and power generation.

Saudi Aramco also operates a chemicals business that makes products such as aromatics and olefins and complex products such as synthetic rubber.

4. Alphabet (GOOGL/GOOG)

  • Market Cap: $1.74 trillion
  • Revenue (TTM): $296.38 billion
  • Net Income (TTM): $66.73 billion
  • 1-year Trailing Total Return: 45.61%
  • Exchange: Nasdaq
  • Year Founded: 1998

Alphabet (GOOGL/GOOG) is the parent of Google, the dominant search engine in the global market. The company offers a range of technologies and digital services, including search, the Android smartphone operating system, the Chrome browser, the Gmail email services, the Google Drive online file storage platform, Google Maps, Google Photos, the Google Play app store, and YouTube.

The company also provides cloud services through Google Cloud, which allows developers to create and deploy applications as well as a variety of workspace collaboration tools. In addition, the company earns revenue through a growing array of hardware products such as the Pixel phones, Fitbit, and the Google Nest home collection. Alphabet also operates its Other Bets segment which includes emerging businesses such as the self-driving car business Waymo.

5. Amazon (AMZN)

  • Market Cap: $1.52 trillion
  • Revenue (TTM): $554.03 billion
  • Net Income (TTM): $20.08 billion
  • 1-year Trailing Total Return: 58.40%
  • Exchange: Nasdaq
  • Year Founded: 1994

Amazon (AMZN) is an e-commerce retailer that sells a broad range of products and services globally and is the world's biggest provider of cloud computing services. Its e-commerce business includes merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

Amazon offers various subscription services and web services as well, including its cloud computing service and fast-growing streaming entertainment business. The company also manufactures and sells electronic devices, such as Kindle e-readers, Fire tablets, Fire TV, and Echo and Alexa. Amazon sells groceries through its subsidiary, Whole Foods.

A company's market cap is calculated by multiplying the total number of its shares outstanding by the current market price of a single share.

6. NVIDIA (NVDA)

  • Market Cap: $1.20 trillion
  • Revenue (TTM): $44.88 billion
  • Net Income (TTM): $18.89 billion
  • 1-year Trailing Total Return: 217.82%
  • Exchange: Nasdaq
  • Year Founded: 1993

NVIDIA (NVDA) designs and develops graphics processors and related software. It was a pioneer in the development of the graphics processing unit (GPU), whose initial primary applications were in PC graphics and video games. The capabilities of the GPU are now being leveraged for use in AI and machine-learning applications.

The company offers products and platforms comprised of hardware, software, services, and more to serve the gaming, professional visualization, data center, and automotive markets. Nvidia GPUs have also featured prominently in cryptocurrency mining.

7. Meta Platforms (META)

  • Market Cap: $877.58 billion
  • Revenue (TTM): $126.96 billion
  • Net Income (TTM): $29.73 billion
  • 1-Year Trailing Total Return: 210.84%
  • Exchange: Nasdaq
  • Year Founded: 2004

Meta Platforms (META) is the owner of Facebook, the world's largest social media network. Meta provides products and digital platforms that enable individuals and businesses to connect with family and friends through mobile devices, personal computers, virtual reality headsets, and in-home devices.

In addition to Facebook, it also owns Instagram, Messenger, and WhatsApp. The company also operates Facebook Reality Labs, which offers augmented and virtual reality products.

Meta is also investing in and building the metaverse, an expansive virtual world that combines aspects of social media, online gaming, augmented reality (AR), VR, and cryptocurrencies.

8. Berkshire Hathaway (BRK.A/BRK.B)

  • Market Cap: $790 billion
  • Revenue (TTM): $395.95 billion
  • Net Income (TTM): $76.81 billion
  • 1-year Trailing Total Return: 16.77%
  • Exchange: New York Stock Exchange (NYSE
  • Year Founded: 1839

Berkshire Hathaway (BRK.A/BRK.B) began with the merger of two regional textile companies in the 19th century. Only much later was it purchased by legendary investor Warren Buffett and converted into a conglomerate holding company.

Berkshire Hathaway today owns a large number of subsidiaries engaged in a diverse range of business activities, including insurance, freight rail transportation, retailing, and utility and energy generation and distribution. The company also operates manufacturing businesses that make products for industrial uses, construction, and for consumers.

9. Tesla (TSLA)

  • Market Cap: $744.53 billion
  • Revenue (TTM): $95.92 billion
  • Net Income (TTM): $10.79 billion
  • 1-year Trailing Total Return: 38.89%
  • Exchange: Nasdaq
  • Year Founded: 2003

Tesla (TSLA) is a leading manufacturer of electric vehicles, which include the following models:

  • Model 3, a four-door, midsize sedan designed and priced for mass-market appeal
  • Model Y, a compact sport utility vehicle (SUV) that seats seven adults
  • Model S, a four-door, full-size sedan
  • Model X, a midsize SUV with seating for up to seven adults

The company's plans include the development and manufacture of a Cybertruck and a Tesla Semi, which is a commercial EV. Tesla also produces solar panels, provides solar energy generation, and supplies energy storage products.

10. Eli Lilly and Company (LLY)

  • Market Cap: $564.92 billion
  • Revenue (TTM): $32.07 billion
  • Net Income (TTM): $4.99 billion
  • 1-year Trailing Total Return: 64.39%
  • Exchange: NYSE
  • Year Founded: 1987

Eli Lilly and Company (LIL) is one of the world's leading pharmaceutical companies. Commonly referred to simply as Lilly, the company is based in Indianapolis, Indiana. It researches, develops, manufactures, and markets human pharmaceuticals for the global market.

Lilly's product lines focus on diabetes, oncology, immunology, and neuroscience. It also caters to health markets, including treatments related to COVID-19, male sexual dysfunction, and osteoporosis in menopausal women.

What Are the Biggest Companies in the World by Revenue?

While many people are interested in ranking companies by market value or market cap, the top companies by revenue differ somewhat. This could be because they are more capital-intensive and have lower profit margins. It could also mean that they are more mature companies with fewer growth prospects.

The top five companies by annual revenue as of Nov. 22, 2023, are:

  1. Walmart (WMT): $611.29 billion
  2. Saudi Aramco (2222.SR): 602.13 billion
  3. Amazon (AMZN): $486 billion
  4. China Petroleum (600028.SS): 442.58 billion
  5. PetroChina (601857.SS) $429.27 billion

What Are the Biggest Companies in the World by Number of Employees?

Walmart is the world's largest employee, by far, with over 2.1 million global workers.

The top 5 companies in the world by employee count as of Nov. 22, 2023, are:

  1. Walmart (WMT): 2,1 million
  2. Amazon (AMZN) - 1,54 million
  3. Hon Hai Precision Industry (2317.TW): 767,062
  4. Accenture (ACN) - 733,000
  5. Volkswagen (VOW3.DE) - 675,805

What Is the Biggest Company on Each Continent?

While the U.S. dominates the global stock market, companies around the world have grown to enormous size. The largest company by market cap on each continent (excluding Antarctica) are:

  1. North America - Apple (AAPL): $2.98 trillion
  2. South America - Petrobras (PBR): $99.35 billion
  3. Europe - Novo Norodisk (NVO): $460.83 billion
  4. Asia - Saudi Aramco (2222.SR): $2.16 trillion
  5. Africa - Naspers (NPN.JO): $34.38 billion
  6. Australia - BHP Group (BHP): $157.44 billion

The Bottom Line

The biggest companies in the world today are worth several trillion dollars. This makes these companies larger and more valuable than some countries' entire economies! Today, tech and energy companies dominate the biggest corporations in the world. In the past, the trading companies, railroads, and steelworks dominated. Time will tell if these high flyers can remain in the top positions and which industries may emerge to challenge these coveted positions.

What are the largest tech companies by market value?

Key findings.

Apple is the largest company in the world, with a market cap of $2.99 trillion..

It's followed by Microsoft ($2.79 trillion), Saudi Arabian Oil ($2.13 trillion), Alphabet ($1.75 trillion), and Amazon ($1.57 trillion)..

Tech companies have been growing rapidly..

What is the most valuable technology company in the world?

Jan 12 (Reuters) - Microsoft's (MSFT.O) stock market value ended a trading session higher than Apple's (AAPL.O) for the first time since 2021 on Friday, making it the world's most valuable company as worries about demand hit the iPhone maker's shares.

Which tech company has highest stock price?

18 Symbols.

MSFT388.473.84% Microsoft Corporation..

AAPL185.920.33% Apple Inc..

GOOG144.240.57% Alphabet Inc..

AMZN154.62-0.56% Amazon.com, Inc..

NVDA547.10-1.12% NVIDIA Corporation..

META374.494.82% Meta Platforms, Inc..

TSLA218.89-8.33% Tesla, Inc..

CRM271.930.55% Salesforce, Inc..

What company has the highest market value in the world?

Microsoft has taken over Apple as the most valuable company in the world by market value. This change can be mostly attributed to Microsoft focusing on generative artificial intelligence, which has caught the attention of investors.