The top 6 global companies in terms of market capitalization are technology companies, why technology companies specifically, even though there are so many different companies that offer a lot of products and services?
The answer is because technology companies, especially in the recent era, have been able to reserve their place in the labor market, and even make billions of dollars annually, especially since everything currently revolves around the Internet and digital life. In the following lines, we will review the richest technology companies in the world in 2021 and the market value of each company.
What are the 6 most expensive technology companies by market capitalization in 2021?
Let’s get to know the richest technology companies in the world in more detail, how much money they make, the number of their employees and the areas they provide to users.
Apple
- Most popular products: iPhone, iPad, Mac
- Revenue: $347 billion
- Market value: $2.9 trillion
- Number of employees: 137,000 people
Apple was founded by Steve Jobs, Steve Wozniak and Ronald Wayne (left the company early) in April 1976 and from the “Apple 1” computer, it has many products that invade all markets such as the iPhone, Mac, iPad, etc. The company currently sells millions of its products and services around the world.
Thanks to its CEO, Tim Cook, who managed to make it a global company, today it is the most valuable company in the technology sector and the world in terms of market capitalization of about $2.9 trillion, and it is also one of the largest companies in the world with annual revenues of $347 billion.
The American company currently has millions of loyal fans all over the world who are ready to stand in huge ranks when it comes to top-tier Apple products and this is certainly a significant achievement that makes Apple one of the most successful and admired brands of all time.
Microsoft
- Most popular products: Windows, Office, Visual Studio and cloud services
- Revenue: $125.8 billion
- Market capitalization: $2.5 trillion
- Number of employees: 182,000 people
Founded more than 45 years ago by Bill Gates and Paul Allen, Microsoft is a huge technology company that provides solutions for computer software and many electronic devices.
Although the company has focused on consumer electronics for more than a decade, in the past few years the focus has been on cloud computing services along with machine learning and artificial intelligence which has significantly increased the company’s value.
In 2021 alone, Microsoft shares rose 50% and the company’s market capitalization crossed the $2 trillion mark for the first time in June and is now close to surpassing Apple’s value as it could be the first $3 trillion company next year.
Alphabet / Google
- Most popular products: Google search engine, YouTube, Android system
- Revenue: $161.8 billion
- Market value: $2 trillion
- Number of employees: 135,000 people
After the restructuring of Google in October 2015, Alphabet became the parent company of Google and other companies and under the leadership of Larry Page and Sergey Brin, Alphabet changed the way we interact with the world with many of its leading technology products.
The parent company of Google managed to cross the $2 trillion barrier in early November 2021, less than two years after it crossed $1 trillion in January 2020, and the stock has increased by 65% this year.
In addition, Alphabet reported a 43% increase in ad revenue in its latest earnings report as the stock’s performance was buoyed by user reliance on Google’s digital products and services throughout the COVID-19 pandemic.
Amazon
- Most Popular Products: Alexa, Amazon Store, Prime, and Cloud Computing
- Revenue: $280,522 billion
- Market capitalization: $1.7 trillion
- Number of employees: 1,335,000 people
You may agree with me that Amazon has the largest number of employees in the technology sector, but it comes in fourth place in our ranking of “The 6 Most Expensive Technology Companies by Market Cap in 2021” and the e-commerce giant founded by Jeff Bezos (the richest man in the world) in July 1994 is not Just a retailer only.
Because it has a computing division that generates about 15% of revenue annually, there’s Alexa, streaming services, and let’s not forget that the company’s main product is an online shopping service and that’s why Amazon is one of the companies with the most expensive stocks with a stock price of over $3,000.
Tesla
- Most popular products: Its electric cars
- Revenue: $31.5 billion
- Market capitalization: $1.1 trillion
- Number of employees: 70,757 people
Next in the list of the 6 most expensive technology companies is the electric car company Tesla, which had a market value at the beginning of 2021 of approximately 677 billion dollars, but thanks to the impressive performance of its shares for the year 2020, which witnessed a growth of more than five times to become one of the most famous names on Wall Street.
Tesla also shined, making its CEO and founder Elon Musk the richest person in the world, replacing Amazon founder Jeff Bezos, as shares grew 46% this year, and the electric car company crossed the trillion-dollar barrier for the first time and even managed to surpass Toyota, which is the No. 2 auto maker in the world.
Meta
- Most popular products: WhatsApp, Instagram, Facebook
- Revenue: $109.48 billion
- Market value: $932.6 billion
- Number of employees: 58,604 people
It is the turn of the company that is always exposed to users, which is Facebook, which changed its name to Meta to be the parent company of many companies and services.
Meta has a track record of scandals and there is a lack of trust among its users because it thinks of making money and putting it in the foreground at the expense of users, and that is why the founder of the company, Mark Zuckerberg, tried to change the name as he announced to the world of metaverses and that it would be the future of the Internet.
Despite all this, Facebook is close to entering the trillion-dollar club, where the social network is currently visited by more than two billion people daily, and Meta today has many other huge projects, including Oculus VR, Messenger, Facebook, WhatsApp and Instagram.
This was the list of the 6 most expensive technology companies in the world in 2021, as these companies were able to increase their profits, the number of employees and their market value dramatically this year, which is called the year of the pandemic, and despite the outbreak of the coronavirus, these companies have grown significantly and their products depend on them Many users in the past period, and this is why they have become giant companies in size and market value.
