With the third fiscal quarter of 2022 at a close at the end of September, it’s only a matter of time before the latest financial numbers relating to the most valuable tech companies worldwide are released. However, thanks to CompaniesMarketCap, the valuation of the most prominent and most influential tech giants are updated daily, and it’s no surprise that some of the biggest global conglomerates have made the grade.
With the advent of home shopping, streaming services, virtual reality, clean energy, electric cars, and more, the most valuable tech companies in 2022 are leading humanity into the future in exciting ways.
Samsung Electronics – $262.4 Billion
According to CompaniesMarketCap, Samsung Electronics is currently worth a market capitalization of $262 billion. As Apple’s chief mobile competitor, the beloved Galaxy smartphone maker has also led the way in consumer electronics, household smart appliances, shipbuilding, aircraft engineering, and more. As such, Samsung earns an average of $236 billion annually.
Samsung is divided into three thriving technological divisions: Consumer Electronics, Information Technology & Mobile Communications, and Device Solutions, although a large portion of the company’s revenue stems from smartphone-related products. Established in 1938 before merging with Sanyo in 1969, Samsung currently employs roughly 287,500 people.
NVIDIA – $288.5 Billion
With annual revenue of roughly $30 billion, NVIDIA is currently worth $288.5 billion. A leading brand in semiconductors, consumer electronics, video games, and computer hardware, the tech company really took off after partnering with Microsoft to manufacture graphic cards for the Xbox gaming console in the early 2000s.
Nowadays, NVIDIA is a prominent player in creating the fastest GPUs made for PCs, mobile devices, gaming systems, smart home gadgets, and the like. In 2018, the company began developing AI computing systems for fully-automated vehicles, which could rival Tesla in the future through its groundbreaking NVIDIA DRIVE platform.
Tencent Holdings – $312.4 Billion
Established in 1998, Chinese tech giant Tencent Holdings has become one of the biggest multimedia conglomerates in the world in a relatively short amount of time. Aside from owning such titanic gaming brands as Fortnite and League Of Legends, the company is also invested in search engines, web portals, AI tech, and e-commerce. As such, the company generates annual revenue of $87 billion and is currently worth $312.4 billion.
Most recently, Tencent acquired exclusive rights to distribute such iconic movie franchises as Star Wars and James Bond in China, which is sure to hike their overall market cap in the future. In the meantime, the tech giant’s online services generate 1 billion daily users.
Taiwan Semiconductor Manufacturing (TSMC) – $328.4
Founded in 1987, Taiwan Semiconductor Manufacturing (TSMC) was one of the first global tech companies to focus solely on semiconductor computer chips. Nowadays, the company’s products are used in consumer electronics, computer communication, automotive equipment, and industrial services. With its high-quality specialization, TSMC earns roughly $66 billion annually and is currently evaluated at $328.4 billion.
With roughly 57,000 employees, TSMC has forged successful partnerships with fellow tech companies NVIDIA, Intel, Qualcomm, Texas Instruments, and especially Apple, which uses its semiconductor chips in various bestselling products. Between Samsung and TSMC, Taiwan is currently one of the biggest boons for the tech industry.
Meta Platforms – $341.5
Formerly known as Facebook, Meta Platforms is the largest social network on the planet. Used by billions of people globally, the tech giant has recently been leading the charge into the virtual Metaverse, where AI technology continues to advance by the day. With $120 billion earned annually, Meta Platforms is currently evaluated at $341.5 billion.
With roughly 72,000 employees, Meta Platforms earns a large portion of its annual revenue through digital advertising, but its acquisitions of Instagram, WhatsApp, and Oculus VR in the past decade or so have really catapulted the tech giant into rarified air. Despite some unpopular practices of CEO Mark Zuckerberg in recent years, Meta Platforms is still leading the way in social media.
Tesla – $669.1 Billion
Despite Elon Musk being the richest tech CEO on the planet, Tesla is the fifth most valuable tech giant in 2022. Thanks to its cutting-edge technology in Tesla cars and electric vehicles, solar, and renewable green energy, Tesla earns roughly $54 billion annually and is currently worth $669.1 billion. It’s Musk’s other ventures, like SpaceX and Neuralink, that have really set him apart from the other visionary tech leaders.
Between its affordable eco-friendly EV business model and partnerships with Panasonic, Piedmont Lithium, and others, it’s Musk’s bold vision to help humanity transition away from fossil fuels that have made Tesla such a popular brand in 2022 and beyond. Expect more big things from Musk, Tesla, and his various business ventures in the future.
Amazon – $1.14 Trillion
The biggest digital retailer on Earth, it’s no surprise to see Amazon Inc. atop the most valuable tech companies in 2022. Thanks to its online shopping service, home delivery, Prime Video streaming services, and more, Amazon generates a whopping $478 billion per year and is currently worth $1.14 trillion. With consumer-friendly events like Amazon Prime Day Early Acess, it’s easy to see why the company is so successful.
While many believe Amazon to be an online retailer and nothing more, the company has recently gotten involved with cloud computing, which accounts for a significant portion of its income. Most recently, CEO Jeff Bezos has been developing anti-aging tech to fight mortality, which is on par with some of Musk’s lofty technological goals for the future of humanity.
Alphabet Inc. – $1.27 Trillion
The parent company of Google, Alphabet Inc. owns the largest search engine in the world. Between its universal online presence and platforms such as YouTube, mobile smartphones like Google Pixel, and partnerships with Android OS, Nest, and a slew of automated smart home gadgets, it’s no real shock to learn Alphabet earns $270 billion annually and is currently valued at $1.27 trillion.
Beyond its association with Google products, Alphabet Inc. also has ties with Google Ventures and Google Capital, which invests in smaller companies and expands their economic scope. Founded in 1993 by Larry Page and Sergey Brin, Alphabet owns at least 30 sub-companies and has its fingerprints across the entire tech sector in 2022.
Microsoft – $1.68 Trillion
Led by Bill Gates, Microsoft is the leading brand in software development and hardware manufacturing that revolutionized personal computing. Between its near-universal Windows operating system, high-quality software, hardware, cloud computing, and electronic devices like Surface Tablets, Microsoft earns roughly $193 billion per year and is currently evaluated at $1.68 trillion.
Beyond personal computing, Microsoft has branched out in the past two decades to explore artificial intelligence, machine learning, cloud storage, digital apps, games, business management tools, and a lot more. Microsoft also offers operating systems for phones, servers, smart devices, home gadgets, and the like.
Apple – $2.23 Trillion
Under the shrewd leadership of CEO Tim Cook, Apple is the most valuable tech company in 2022, and it isn’t particularly close. The sheer size, scope, and global reach of the tech giant have led to annual revenue of $386 billion, with the company currently valued at a staggering $2.23 trillion.
Beyond the massive popularity of such revolutionary consumer electronics as the iPhone, iPod, and iPad, Apple’s trustworthy reputation regarding consumer privacy has really set the company apart from its competitors and fostered a giant loyal fanbase that continues to support its latest products. Nowadays, thanks to Apple Watch, Apple TV, iPhone 14, Mac Pros, AirPods, and many more, it’s easy to see why Apple reigns supreme in the tech sector in 2022.
