Top 5 most valuable tech companies worldwide

Billion quintet These are currently the five most valuable companies in the world

2024-12-04 Source: Peter Königsreuther | Translated by AI 2 min Reading Time

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Anyone who has ever wondered which companies are rated as the most valuable worldwide will find the answer here...

There's a piece missing, but Apple lacks nothing in leading the world ranking of the five most valuable globally operating companies. Read here who else is on the podium.(Image: Apple) — There's a piece missing, but Apple lacks nothing in leading the world ranking of the five most valuable globally operating companies. Read here who else is on the podium.
(Image: Apple)

When it comes to identifying which globally operating companies rank among the top five in terms of market value, there are now three that have surpassed the $3 trillion mark, as determined by Statista in October. This recent survey comes from Companiesmarketcap. Notably, the most valuable companies belong to the tech sector, which is currently dominated by artificial intelligence and connectivity. Let's take a look at the top players in terms of market value...

1. Apple takes the lead

At the top of the list of the world's most valuable companies is the American player Apple, according to Statista. Its value is stated to be just over $3.431 trillion. Apple made its breakthrough in 1984 with the launch of the Macintosh, which became the first successful personal computer for the mass market. According to Statista, the Mac product line now includes significantly more models, such as the iMac, Mac mini, Mac Studio, Mac Pro, MacBook Air, and MacBook Pro.

2. Microsoft follows closely

According to Statista, Apple has displaced Microsoft from the top spot as the wealthiest company. As of October, Microsoft is now in second place, valued at approximately $3.069 trillion. Microsoft was founded on April 4, 1975, by Bill Gates and Paul Allen. After initial successes with Microsoft BASIC, which was also used as an operating system for 8-bit home computers from the late 1970s, MS-DOS was introduced in 1981. The IBM PC and its clones based on the PC architecture were then almost exclusively equipped with the MS-DOS operating system.

3. Nvidia breaks the 3 billion mark

Nvidia has boldly climbed to third place in the global ranking of the most valuable companies. According to Statista's analysis, its market value is $3.013 trillion. This makes Nvidia only the third company to surpass the $3 trillion mark. Nvidia manufactures special chips that play a significant role in the development of artificial intelligence (AI) systems. For instance, the computational demands of "ChatGPT" would not be manageable without them. The graphics processor chip (GPU) H100, consisting of around 80 billion transistors, is currently considered the most sought-after in the world, according to Statista.

4. Alphabet (Google) is included

Alphabet holds the fourth place in the global ranking of the world's most valuable companies, with a market value of about $2.050 trillion. According to the survey, the majority of Alphabet's revenue is generated by Google, whose brand value reached approximately $577 billion last year. The company's key products are known to be Android, Chrome, Google Cloud, Google Maps, Google Play, and YouTube.

5. Amazon almost at eye level

With a market value of 1.909 billion US dollars, Amazon is in fifth place. Beyond a vast product range, Amazon primarily focuses on limited daily offers, which are partially available only to customers with a subscription. In addition to e-commerce, Amazon is also one of the largest e-book providers worldwide.

This table also shows positions 6 to 12 of the companies with the largest market value as of October 2024. The value is given in billion US dollars.(Image: Statista 2024) — This table also shows positions 6 to 12 of the companies with the largest market value as of October 2024. The value is given in billion US dollars.
(Image: Statista 2024)

First German company only at rank 500...

A hundred places below Amazon, one finally encounters the first German player. According to Statista, the software manufacturer has a market value of just about $259 billion. SAP is strong in software offerings and the steadily increasing investments in cloud computing and services. The latter are considered an important part of the future strategy to maintain or improve its market position, it is concluded.

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