Tech companies have the potential to generate billions in revenue yearly, as they are currently, some of the most powerful in the world. The following is a list of the 15 Most Successful Tech Companies by Revenue in 2021 according to the Fortune Global 500. While market capitalization, is often used to define the size of a company, this list below ranks companies in the technology sector by total annual revenue.
|The 15 Most Successful Tech Companies|
2. Samsung Electronics
7. Dell Technologies
Technology companies today are some of the worlds biggest employers. The massive revenue generation comes a from a variety of software, hardware, and other business related services that are essential to almost every company today. If you are interested in knowing which tech companies are the most successful, read on and see the top 15 tech companies in the world based on 2021 revenue.
The 15 Most Successful Tech Companies
Revenue: $60.742 Billion
Lenovo is the fifteenth most successful technology company of 2021, generating $60.742 billion in revenue for the fiscal year. Lenovo Group Limited is a Chinese multinational technology company founded in 1984. It is headquartered in Hong Kong, China and Morrisville, North Carolina US with 71,500 employees. The company designs, manufactures, and sells personal computers, tablets, smartphones, smart televisions, workstations, and servers.
Lenovo is the largest PC vendor worldwide with a 25% marketshare. It is well ahead of its competitors in this market. With impressive competitive advantages, marketplace rivals are unable to compete with Lenovo’s large distribution network and ever expanding presence in the market. Through strategic acquisitions and partnerships, the company has been able to continue to increase sales year over year and expand its marketshare.
Revenue: $63.191 Billion
Panasonic is the fourteenth most successful technology company of 2021, generating $63.191 billion in revenue for the fiscal year. Panasonic is a major Japanese multinational conglomerate company founded in 1918. It is headquartered in Osaka, Japan with 243,540 employees. The company offers consumer electronics, as-well-as automotive and avionic systems, industrial systems, and construction.
Panasonic holds over 140,000 patents worldwide, with the world’s most patent applications for decades. Since 2020, Panasonic has been organized into seven domains. These domains include Life Solutions, Automotive, Appliances, Industrial Solutions, and Connected Solutions. There are two overseas branches for businesses in Asia and the United States.
Revenue: $69.864 Billion
Tencent is the thirteenth most successful technology company of 2021, generating $69.864 billion in revenue for the fiscal year. Tencent Holdings Limited is a Chinese multinational technology and entertainment company founded in 1998. It is headquartered in Shenzen, China with 85,858 employees.
Tencent’s subsidiaries market various Internet-related services and products, including technology, artificial intelligence, and entertainment. They are the world’s largest video game vendor and among the largest social media, venture capital, and investment corporations. Its services include social networks, music, mobile games, internet services, e-commerce, payment systems, multiplayer online games and smartphones.
Revenue: $73.620 Billion
IBM is the twelfth most successful technology company of 2021, generating $73.620 billion in revenue for the fiscal year. International Business Machines Corporation is an American multinational technology corporation founded in 1911. It is headquartered in Armonk, New York with 364,800 employees.
IBM produces and sells computer software, middleware, and hardware. It provides consulting and hosting services in many areas from nanotechnology to mainframe computers. IBM is also a major research organization. As of 2020 they hold the record for most annual U.S. patents generated by a business.
IBM has many signification inventions. These include the dynamic random-access memory (DRAM), the magnetic stripe card, the automated teller machine (ATM), the hard disk drive, the floppy disk, the relational database, the SQL programming language, and the UPC barcode. IBM is one of the 30 companies included in the Dow Jones Industrial Average. They are also one of the world’s largest employers.
Revenue: $77.867 Billion
Intel is the eleventh most successful technology company of 2021, generating $77.867 billion in revenue for the fiscal year. Intel Corporation is an American multinational corporation and technology company founded in 1968. It is headquartered in Santa Clara, California with 110,600 employees.
Intel supplies microprocessors for many major computer system manufacturers, along with network interface controllers and integrated circuits, motherboard chipsets, flash memory, embedded processors, graphics chips, and other related computing and communication devices. Intel is the world’s largest semiconductor chip manufacturer by revenue.
The 2020 Fortune 500 list of the largest United States corporations by total revenue for nearly a decade ranked Intel number 45, for 2007 to 2016.
Revenue: $82.345 Billion
Hitachi is the tenth most successful technology company of 2021, generating $82.345 billion in revenue for the fiscal year. Hitachi Limited is a Japanese multinational conglomerate corporation founded in 1910. It is headquartered in Tokyo, Japan with 350,864 employees.
Hitachi business includes infrastructure, AI, big data, and the Internet of Things. They are involved in automotive systems, construction machinery, defense systems, digital media, consumer products, electronic systems, advanced materials, power systems, IT, social infrastructure, industrial systems, property managements, and logistics.
Hitachi is listed on the Nagoya Stock Exchange and the Tokyo Stock Exchange. Its Tokyo listing is a constituent of the TOPIX Core30 indices and Nikkei 225. It is ranked 129th in the 2012 Forbes Global 2000 and 38th in the 2012 Fortune Global 500.
Revenue: $84.893 Billion
Sony is the ninth most successful technology company of 2021, generating $84.893 billion in revenue for the fiscal year. Sony Group Corporation is a Japanese multinational conglomerate corporation founded in 1946. It is headquartered in Tokyo, Japan with 109,700 employees.
Sony is a major technology company. It is the world’s largest video game console company and video game publisher, as-well-as one of the largest manufacturers of consumer and professional electronic products, music companies, and film studio. It is one of the most comprehensive media companies, the largest technology and media conglomerate in Japan, and the most cash-rich Japanese company.
Sony retains major market shares in the image sensor market, camera manufacturing, and semiconductor sales. They are also one of the largest TV brands and TV manufacturers in the world.
Revenue: $85.965 Billion
Meta is the eight most successful technology company of 2021, generating $85.965 billion in revenue for the fiscal year. Meta is an American multinational technology conglomerate founded in 2004. It is headquartered in Menlo Park, California with 58,604 employees.
Meta is the parent organization of Facebook and one of the world’s most valuable companies. It is considered one of the Big Five American information technology companies. Products and services include Messenger, Oculus, Facebook Portal, and more, but 97.5% of generated revenue came from ad sales in 2021.
When Facebook filed for an initial public offering, shares valued the company at $104 billion, making it the largest valuation to date for a newly public company.
7. Dell Technologies
Revenue: $92.224 Billion
Dell is the seventh most successful technology company of 2021, generating $92.224 billion in revenue for the fiscal year. Dell technologies is an American multinational technology company founded in 1984. It is headquartered in Round Rock, Texas with 158,000 employees.
Since Dell Technologies Inc. formed as a result of the 2016 merger with EMC Corporation, the company operates under the Dell Client Solutions Group and the Dell EMC Infrastructure Solutions Group.
Dell’s products include information security services, servers, personal computers, smartphones, computer security, televisions, network security, and computer software. The 2018 Fortune 500 rankings of the largest United States corporations by total revenue, ranked Dell 35th.
Revenue: $129.184 Billion
Huawei is the sixth most successful technology company of 2021, generating $129.184 billion in revenue for the fiscal year. Huawei Technologies Co., Ltd is a Chinese multinational technology corporation founded in 1987. It is headquartered in Shenzhen, China with 197,000 employees.
Huawei designs, develops and sells consumer electronics, a variety of smart devices, and telecommunications equipment. Huawei is ranks fifth in the world in US patents. The company is also the second-largest research and development investor in the world, according to the 2021 EU Industrial R&D Investment Scoreboard.
Huawei has expanded its business to include manufacturing communications devices for the consumer market, providing operational and consulting services and equipment to enterprises, and building telecommunications networks. Huawei products and services are available in more than 170 countries.
Revenue: $143.015 Billion
Microsoft is the fifth most successful technology company of 2021, generating $143.015 billion in revenue for the fiscal year. Microsoft Corporation is an American multinational technology corporation founded in 1975. It is headquartered in Redmond, Washington with 163,000 employees.
Its most notable hardware products are the Microsoft Surface lineup of touchscreen personal computers and the Xbox video game console. The company produces personal computers, consumer electronics, computer software, and related services. The Microsoft Office suite, the Internet Explorer web browser, the Edge web browser, and the Microsoft Windows operating systems are some of their most notable software.
On the 2020 Fortune 500 rankings of the largest United States corporations by total revenue, Microsoft ranked No. 21. It is considered one of the Big Five American information technology companies.
Revenue: $181.945 Billion
Foxconn is the fourth most successful technology company of 2021, generating $181.945 billion in revenue for the fiscal year. Foxconn is a Taiwanese multinational electronics contract manufacturer founded in 1974. It is headquartered in New Taipei City, Taiwan with 878,429 employees.
Foxconn manufactures electronic products for major companies in many countries. Some of their more notable manufactured products include the iPad, iPhone, iPod, Blackberry, Kindle, Nokia devices, many Nintendo and Sony gaming systems, Microsoft’s first Xbox console, and the Google Pixel.
Foxconn is the one of the largest employers worldwide. In 2010, Foxconn was the fourth-largest technology company by revenue and the world’s largest provider of electronics manufacturing services.
Revenue: $182.527 Billion
Alphabet is the third most successful technology company of 2021, generating $182.527 billion in revenue for the fiscal year. Alphabet Inc. is an American multinational technology conglomerate holding company founded in 1998. It is headquartered in Mountain View, California with 135,301 employees.
Alphabet became the parent company of Google through a restructuring of Google in 2015 and several former subsidiaries. The company is the third-largest technology company by revenue and one of the world’s most valuable companies. It is one of the Big Five American information technology companies.
Alphabet Inc, has a variety of subsidiaries. Their four most significant being Google LLC, XXVI Holdings Inc., Google Ireland Holdings, and Alphabet Capital US LLC.
2. Samsung Electronics
Revenue: $200.734 billion
Samsung is the second most successful technology company of 2021, generating $200.734 billion in revenue for the fiscal year. Samsung Electronics Co., Ltd. is a South Korean multinational electronics corporation founded in 1969. It is headquartered in Suwon, Korea with 267,937 employees.
Samsung is a major manufacturer of displays for clients such as Apple, Sony, HTC, and Nokia. The company also manufactures a significant number of electronic components and is the largest manufacturer of televisions, mobile phones, smartphones, tablet computers, and memory chips in the world.
Samsung electronics is the major revenue generator of the corporation, responsible for 70% of all revenue for the Samsung chaebol.
Revenue: $274.515 Billion
Apple is the most successful technology company of 2021, generating $274.515 billion in revenue for the fiscal year. Apple Inc. is an American multinational technology company founded in 1976. It is headquartered in Cupertino, California with 147,000 employees.
Apple is the second-largest mobile phone manufacturer and the fourth-largest personal computer vendor. It is one of the Big Five American information technology companies.
In August 2018, Apple was the first publicly traded U.S. company to be valued at over $1 trillion. In August 2020, the company was worth $2 trillion. In January 2022, the company was worth $3 trillion. As of January 2021, Apple is the world’s most valuable company.