One of the sectors with the highest earnings in the world is the technology sector. It combines a variety of professions, most of which typically rely on information technology (IT). Modern inventions created by these IT and IT corporations enable many parts of our daily life, including the way we interact with others. Our list of the top ten tech companies in 2023 comprises the biggest businesses in the digital sector, including those in software, hardware, media, eCommerce, telecommunications, and other areas.
In actuality, the biggest tech organizations typically have a variety of revenue sources coming from many areas and divisions of the overall IT industry. The biggest tech firms generate billions of dollars each year from a variety of sources, including the sales of their consumer goods and internet services. The top ten tech companies in 2023 are listed below.
10. Hitachi
- Revenue: $91.35 billion approx. (in 2022)
- Net Income: $5.19 billion approx. (in 2022)
- Founder: Namihei Odaira
- Founded In: 1910
- Area Served: Worldwide
- Headquarters: Tokyo, Japan
- Number Of Employees: 397,732 approx. (in 2021)
- Main Technology Products: Information systems, Telecommunications technology
- Website: hitachi.com
The Japanese multinational company Hitachi Ltd. works in a number of different industries, including high-functional materials, power systems, information technology, electronics, and power systems for automobiles. With its corporate headquarters in Chiyoda, Tokyo, the business was established in 1910. The name Hitachi is synonymous with the creation of cutting-edge technological goods and services, including semiconductors, storage systems, and display panels. In addition, the corporation offers a wide range of industrial products and services, such as water treatment facilities, railway systems, and power plants. To stay competitive in the fast-changing digital economy, Hitachi has been actively pursuing digital transformation programs and investing in emerging technologies like artificial intelligence, machine learning, and others.
The Rich in Tradition, a more than a century-old Japanese corporation is currently the biggest and highest-earning IT company in the world without a sizable market position in the consumer electronics sector. Hitachi is well-known and well-regarded in the corporate sector, despite the possibility that this could hurt the tech company’s total brand recognition. With cutting-edge technology like cloud solutions and big data analytics, their IT tactics are targeted toward business environments. It is not unexpected that Hitachi is one of the top ten tech companies in 2023 given the size of its company.
9. IBM
- Revenue: $60.5 billion approx. (in 2022)
- Net Income: $1.69 billion approx. (in 2022)
- Founder: Herman Hollerith, Thomas J. Watson, Sr., Charles Ranlett Flint
- Founded In: 1911
- Area Served: Worldwide
- Headquarters: New York, United States
- Number Of Employees: 288,300 approx. (in 2021)
- Main Technology Products: IT infrastructure, Cloud computing, Artificial intelligence
- Website: ibm.com
An international technological corporation with its headquarters in Armonk, New York, is called IBM (International Business Machines Corporation). One of the oldest and biggest technology companies in the world, it was formed in 1911. Among the many hardware items produced by IBM are mainframe computers, servers, storage systems, and microprocessors. The business also works on software projects, including as creating the well-known Watson artificial intelligence platform and the Lotus Notes communication tool.
IBM offers a variety of consulting, business transformation, and technology services to clients all over the world in addition to its hardware and software products. The company is well-known in the cloud computing industry and has created a variety of cloud-based services and solutions for companies. With a long history of research and development in developing technologies, IBM is renowned for its corporate culture. For more than 20 years, it has received more US patent awards than any other business.
8. Meta Platforms
- Revenue: $116 billion approx. (in 2022)
- Net Income: $23.2 billion approx. (in 2022)
- Founder: Mark Zuckerberg, Dustin Moskovitz, Andrew McCollum, Chris Hughes, Eduardo Saverin
- Founded In: 2004
- Area Served: Worldwide
- Headquarters: California, United States
- Number Of Employees: 86,482 approx. (in 2021)
- Main Technology Products: Messenger, WhatsApp, Facebook, Instagram
- Website: meta.com
Social media and technology firm Meta Platforms, Inc., formerly Facebook, Inc., is situated in Menlo Park, California. Mark Zuckerberg, Dustin Moskovitz, and Eduardo Saverin started it in 2004, and now it is most recognized for its lead social networking site, Facebook. It comes in at eight number among the top ten tech companies in 2023. Other social media platforms run by Meta Platforms include Instagram, WhatsApp, and Messenger. To help businesses reach their intended audiences on social media platforms, the company also provides advertising and data analytics services.
Meta Platforms offers social media services in addition to conducting research and development on cutting-edge technologies including augmented and virtual reality. Initiatives have also been started to encourage digital literacy and thwart false information online. Over the years, Meta Platforms has generated controversy, especially when it comes to concerns about privacy, data security, and political advertising on its platform. The company has acted to address these problems, aiming to identify and remove deceptive and inaccurate information from its platform as well as enact stricter privacy policies.
7. Intel Corp.
- Revenue: $63.05 billion approx. (in 2022)
- Net Income: $8.02 billion approx. (in 2022)
- Founder: Gordon Moore, Robert Noyce
- Founded In: 1968
- Area Served: Worldwide
- Headquarters: California, United States
- Number Of Employees: 131,900 approx. (in 2021)
- Main Technology Products: Data storage, Communication Solutions, Networking
- Website: intel.com
An American international technology firm with headquarters in Santa Clara, California, is called Intel Corporation, or just Intel. Robert Noyce and Gordon Moore started it in 1968, and it is best known for creating microprocessors and other computer parts. In addition to the well-known Intel Core and Intel Xeon CPUs for desktop and laptop computers, Intel also manufactures processors for servers and mobile devices.
The business also works on the creation of network interface cards, memory, and storage gadgets for computers. Intel develops software, including operating systems, cybersecurity tools, and other applications, in addition to its hardware offerings. The business also conducts research and development on cutting-edge technologies like quantum computing, autonomous driving, and artificial intelligence.
6. Dell Technologies
- Revenue: $100 billion approx. (in 2022)
- Net Income: $1.830 billion approx. (in 2022)
- Founder: Michael Dell
- Founded In: 1984
- Area Served: Worldwide
- Headquarters: Texas, US
- Number Of Employees: 133,000 approx. (in 2021)
- Main Technology Products: Consumer electronics, Cloud computing, Software
- Website: dell.com
A global technology corporation with its headquarters in Round Rock, Texas, is Dell. One of the top ten tech companies in 2023, it was established in 1984 by Michael Dell. In order to become Dell Technologies, Dell and EMC Corporation amalgamated in 2016. While the latter was regarded as one of the best-kept secrets in the IT sector, the former was well-recognized for its computers and related technologies.
Before formally forming a partnership with Dell to create what is now known as Dell Technologies, EMC Corporation created hardware and software for data management and storage. Although this Texas-based tech corporation now also provides software, network security, information security services, and cloud storage, its primary business remains the development of notebooks and personal computers.
5. Foxconn
- Revenue: $215.84 billion approx. (in 2022)
- Net Income: $5.06 billion approx. (in 2022)
- Founder: Terry Gou
- Founded In: 1974
- Area Served: Worldwide
- Headquarters: New Taipei, Taiwan
- Number Of Employees:3 million approx. (in 2021)
- Main Technology Products: Consumer electronics
- Website: honhai.com/en-us/
Hon Hai Precision Industries Co., Ltd., a multinational Taiwanese electronics contract manufacturer, is also known as Foxconn Technology Group. One of the biggest producers of electronics in the world, it is best known for producing electronics for a variety of other businesses, including Apple, Sony, Microsoft, and many more. Foxconn manufactures a variety of electronic goods, including televisions, desktop computers, servers, tablets, smartphones, and more.
Because of its effective production methods and economies of scale, the corporation has a reputation for producing goods at a reasonable cost. The business has also generated criticism over the years, particularly in relation to the working conditions at its Chinese facilities. Foxconn has made attempts to boost automation in its plants and to improve working conditions in recent years.
4. Alphabet
- Revenue: $282.8 billion approx. (in 2022)
- Net Income: $59.9 billion approx. (in 2022)
- Founder: Sergey Brin, Larry Page
- Founded In: 2015
- Area Served: Worldwide
- Headquarters: California, United States
- Number Of Employees: 190,234 approx. (in 2022)
- Main Technology Products: Online services, Internet search engine, Cloud computing, Software
- Website: abc.xyz
Google, YouTube, and a number of other businesses are all part of the international conglomerate company known as Alphabet. It was established in 2015 as a result of Google’s restructuring when Google became a division of Alphabet. It comes in at fourth number among the top ten tech companies in 2023. An Internet search, online advertising, and cloud computing are Alphabet’s three main businesses. One of the biggest search engines in the world, Google is the most well-known division of Alphabet and processes billions of search queries daily.
The biggest video-sharing website on the planet is YouTube, which is also a division of Alphabet. Additionally, Google has companies engaged in a variety of other sectors, such as smart home appliances, life sciences, and autonomous vehicles (Waymo), among others (Nest). The business is renowned for its innovative and progressive culture, and it regularly creates new technology and goods to stay on the cutting edge.
3. Microsoft
- Revenue: $198.27 billion approx. (in 2022)
- Net Income: $67.4 billion approx. (in 2022)
- Founders: Bill Gates, Paul Allen
- Founded In: 1975
- Area Served: Worldwide
- Headquarters: Washington, U.S.
- Number Of Employees: 221,000 approx. (in 2022)
- Main Technology Products: Consumer electronics, Cloud computing, Software
- Website: microsoft.com
A global technological business with headquarters in Redmond, Washington, is Microsoft. It was established by Bill Gates and Paul Allen in 1975 and is best known for creating and marketing personal computers, consumer electronics, and computer software. One of the biggest software developers in the world, Microsoft creates a variety of software products, such as the Windows operating system, Office productivity suites, and the Edge web browser.
The business also creates and markets physical items, such as the Xbox gaming system, the Surface line of tablets and laptops, and other accouterments. Microsoft has increased the range of services it provides in cybersecurity, artificial intelligence, and cloud computing in recent years. Additionally, it has purchased a number of other tech firms, such as ZeniMax Media, GitHub, and LinkedIn. One of the most innovative corporations in the world, Microsoft is renowned for its corporate culture.
2. Samsung
- Revenue: $244 billion approx. (in 2022)
- Net Income: $42.08 billion approx. (in 2022)
- Founder: Lee Byung-Chul
- Founded In: 1938
- Area Served: Worldwide
- Headquarters: Seoul, South Korea
- Number Of Employees: 266,673 approx. (in 2022)
- Main Technology Products: Aircraft engineering, shipbuilding, household appliances, Electronics
- Website: samsung.com
South Korean-based Samsung is a worldwide conglomerate and is second among the top ten tech companies in 2023. Lee Byung-Chul began it as a little trading business in 1938, and it has since expanded to rank among the biggest electronics manufacturers in the world. Smartphones, tablets, TVs, home appliances, and other consumer gadgets are all produced by Samsung. Samsung is renowned for its top-notch goods and innovative technology. Particularly its smartphones have enjoyed great success, with the Samsung Galaxy series being one of the most well-liked smartphone lines globally.
Samsung also manufactures solid-state discs, computer memory, and other parts that are found in several other electronic devices. Samsung has ventured outside of the consumer electronics sector as well, including shipbuilding, construction, and insurance. It is one of South Korea’s biggest businesses and has a considerable international footprint.
1. Apple Inc.
- Revenue: $394.3 billion approx. (in 2022)
- Net Income: $99.8 billion approx. (in 2022)
- Founder: Steve Jobs, Steve Wozniak, Mike Markkula
- Founded In: 1976
- Area Served: Worldwide
- Headquarters: California, United States
- Number Of Employees: 164,000 approx. (in 2022)
- Main Technology Products: Software, Consumer electronics, Online services
- Website: apple.com
Apple Inc. is a multinational technology company with its main office in Cupertino, California. It was developed in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Apple develops, manufactures, and markets a wide range of consumer technology products. They include mobile phones, laptops, tablets, wearable technology, home entertainment equipment, and a lot more. The iPhone and Mac laptops are two of its best-selling items. Apple’s service-related revenue has grown dramatically as well. In addition to operating online stores for digital goods, it has unveiled a number of streaming services, including Apple+, a center for on-demand entertainment.
There are tens of thousands of tech firms offering various products and services. The businesses on the list of the top ten tech companies in 2023 are all open to the stock market because they are all public enterprises. These businesses are at the forefront of technical innovation and have a big impact on the world economy. It’s crucial to keep in mind, though, that this list does not include many other organizations that have made significant contributions to the tech sector.
