Global IT Industry Factsheet 2020: Top 10 IT Companies in the World (2023)

Top 10 IT Companies in the World 2020

1. Microsoft

Microsoft is one of the most valuable enterprises and the largest IT company in the world, generating over $125.8 billion revenue in 2019. Founded by Bill Gates and Paul Allen in 1975,Microsoft Corporation, headquartered in Redmond, Washington, is one of the largest tech companies in the world. It develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and services. Its best-known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer, Edge web browsers, and Xbox. The company also produces a wide range of other consumer and enterprise software for desktops and servers.

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2. IBM

IBM, short for International Business Machine, is the world’s largest IT company with over 400,000 employees operating in over 170 countries around the world. IBM provides two core IT solutions – Global Technology Services (GTS) and the Global Business Services (GBS). GTS encompasses the infrastructure support, product maintenance, and the process outsourcing, whereas GBS handles consulting, application management services as well as the systems integration. Today almost 97% of Banks all over the world depend on IBM services and making it the largest host of online transactions. IBM has also stepped into cloud computing having ‘IBM Cloud’ as a leading platform for the enterprise. In 2019, IBM’s revenue totaled $77.1 billion.

3. Oracle

Oracle Corporationis an American multinational computer technology company, headquartered in Redwood Shores, California. Oracle specializes primarily in developing and marketing database software and technology, cloud engineered systems and enterprise software products, and database management systems. It is also the world’s second-largest software company by revenue, after Microsoft. In recent years, Oracle is investing heavily in AI, machine learning, IOT, the blockchain, and human interface technologies. Oracle is among the most innovative in this list of top 10 IT companies in the world.

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4. Accenture

Accentureis a global management consulting and professional services firm that provides strategy, consulting, digital, technology and operations services. It has been incorporated in Dublin, Ireland, 2009. Accenture has various business units – Accenture consulting provides mobility services and digital marketing analytics; Accenture technology focusses on research and development, technology solution implementation, technology labs for emerging technologies; Accenture strategy provides technology strategy services, business strategy, and operation strategy services. Accenture now has more than 425,000 employees serving clients in more than 120 countries and is known as one of leadingtech companies with the best benefits — keeping a spot among the richest and best software companies in the world in 2020

5. HP Enterprise

Hewlett Packard Enterpriseis one of the world’s leading technology firms that offers IT, technology & enterprise products, solution, and services. Headquartered in Palo Alto, California, HP develops and sells hardware components as well as software and related services to consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors. HP Software also provides software solutions like SAAS software as a service, cloud computing services, including education, consulting, support etc. HP is expected to retain its position among the top 10 IT companies in the world even heading into the future, at the back of strong performance in the market.

6. SAP

SAP SEis a German-based multinational software and IT corporation that specializes in providing enterprise software to manage business operations and customer relations. SAP is headquartered in Walldorf, Germany with regional offices in 180 countries. One of the biggest tech companies in the world, SAP has over 335,000 customers in over 180 countries. SAP is leveraging technologies like machine learning, Internet of things, the blockchain, cloud and SAP HANA to solve various business problems across all industries and regions. SAP will continue to make a compelling case as one of the top 10 IT companies in the world for as long as they keep innovating as great company pushing the boundaries on tech.

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7. Tata Consultancy Services

Tata Consultancy Services Limited(TCS) is an Indian multinational information technology (IT) service, consulting and business solutions company headquartered in Mumbai, India. It is a subsidiary of the Tata Group and operates in 46 countries. TCS is one of the largest IT companies in the world and one of the top IT services providers for services including consulting, software development, infrastructure support, and business process outsourcing. TCS — also one of thetop 10 software companies in India— is expanding quickly with the latest technologies like Artificial Intelligence, Machine learning, Internet of things, Cloud Computing and Cyber Securit

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8. Capgemini

Capgemini SEis a French multinational IT services and business consulting corporation headquartered in Paris, France. It is one of the world’s largest IT consulting, outsourcing and professional services companies with over 200,000 employees in over 40 countries. Capgemini creates and delivers business, technology, and digital solutions that fit its global clients’ needs, enabling them to achieve innovation and competitiveness.

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9. Cognizant

Cognizantis an American multinational corporation that provides IT services, including digital, technology, consulting, and operations services. It is headquartered in Teaneck, New Jersey, United States. Cognizant’s main businesses including helping banks revolutionize lending by assessing risk using predictive analytics by analysing customer’s financial history, using advanced analytics tools to help banks to better predict a customer’s creditworthiness and take various informed decisions to lend money to those who have lower credit risk, it also help qualified individuals and businesses to get the desired financing. Cognizant is one of the top software companies in the USA and is expected to maintain a leading position heading into the future.

10. Infosys

Infosys Limitedis an Indian multinational corporation that provides business consulting, information technology and outsourcing services. It has its headquarters in Bengaluru, Karnataka, India. Infosys is the second largest IT company in India and one of the top 10 largest IT companies in the world in terms of revenue. It provides software development, maintenance, and independent validation services to companies in finance, insurance, manufacturing and other domains.

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Global IT Market Trends for Future

With the rapid development of the global economy, the demand for IT products and IT services is higher than ever. Looking forward, the new trend has seen world’s leading tech companies focusing on new innovative technologies like Machine Learning, AI and Cloud Computing to drive new growth that can help them build their own digital foundation and provide robust solutions for various users. It’s expected that IT spending around the world is heading towards a double-digit growth rate, while thetop 10 IT companies in the worldare forecasted to continue their dominance in the industry due to strong market shares and leading technology evolution.

As technology continues to shape the future of how we do business, it has become important to build relationships with global tech brands. Imagine if you could identify the top 10 IT companies in the world today without endlessly scouring the internet? Or even better, what if you could connect with them right from this article? We’ve done the hard work and number crunching to provide you with the most comprehensive list of largest software companies yet so that you can directly connect with thetop 10 IT companies in the world in 2020.

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Which is the top 10 IT company in the world? ›

Top 10 IT companies in the world
  • #1. Microsoft. ...
  • #2. Hewlett Packard Enterprise (HP) ...
  • #3. IBM | One of the top IT companies in the world. ...
  • #4. Accenture. ...
  • #5. Oracle | One of the leading IT companies in the world. ...
  • #6. SAP | Amongst the prominent IT companies in the world. ...
  • #7. Tata Consultancy Services (TCS) ...
  • #8. Capgemini.
Feb 14, 2023

Who is the biggest IT company in the world? ›

Apple, the world's largest tech company by revenue, generated $294 billion in 2021. With over 585,000 tech companies, the U.S. has the largest technology sector by revenue in the world.

Who are the top 5 global IT services provider? ›

Amazon Web Services Inc, International Business Machines Corp, Accenture Plc, Fujitsu Ltd, and NEC Corp are the top 5 IT services companies in the world in 2021 by revenue.

What are the top IT companies in the world? ›

  • eSparkBiz. Today, eSparkBiz is a center for both onshore and offshore web and app development. ...
  • TCS - Tata Consultancy Services. The Tata Group subsidiary operates in 46 countries. ...
  • Oracle. Among the top IT companies in the world right now is Oracle, another international IT corporation. ...
  • Microsoft. ...
  • IBM. ...
  • SAP. ...
  • Deloitte. ...
  • Capgemini.
Feb 7, 2023

Which is best IT company in USA? ›

Here is a list of the top IT companies in USA for 2023
  • Hyperlink InfoSystem. Hyperlink InfoSystemis one of the leading top IT companies that offer various digital solutions to global businesses. ...
  • Cognizant. ...
  • Accenture. ...
  • Concentrix. ...
  • Globant. ...
  • WillowTree. ...
  • CI&T. ...
  • GlobalLogic.
Dec 14, 2022

Who is No 1 technology in world? ›

Because which country is more advanced than another is subjective, we used the rankings of Global Finance's list for the Most Technologically Advanced Countries In The World 2022 with the only difference being we put the United States in the first spot since it leads the world in technology and it is the home to ...

Which is the best IT company to work in the world? ›

Google. With more than 100,00 employees Google specializes in Internet-related services and products. These include online advertising technologies, a search engine, cloud computing, software, and hardware.

Which is the No 1 software company in world? ›

Microsoft Corporation

Microsoft offers a huge choice of software for many purposes. Its best-known and most popular franchise product is the operating system software 'Windows', which powers close to a billion computers worldwide. It is by far the most used operating system in the world.

What is a global IT company? ›

A global company is one that operates in at least one country other than its home country. Realistically, expanding to one additional country is a major success for Global Company. “Global” means “all around the world.” Because of this, a Global corporation would need to do business globally.

How big is the global IT industry? ›

The global information technology market grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term.

Which IT company has more growth? ›

Performance of IT Companies
Company5 years sales growth (%)5year ROE (%)
TATA Elxsi14.829.7
HCL Technologies12.522.1
1 more row
Aug 2, 2022

Which company dominates the IT industry? ›

#1 Apple Inc.

These include smartphones, personal computers, tablets, wearable devices, home entertainment devices, and much more. Some of its most popular products include its iPhone smartphones and Mac computers. Apple also has dramatically expanded its sales from services.

Which city has highest IT companies in world? ›

San Francisco

San Francisco is home to the largest valuable tech companies in the world. Silicon Valley, the golden area of the city, has been every city's dream to achieve.

What are major IT companies? ›

Top 10 Most Trusted IT Companies in India 2023
  • Hyperlink InfoSystem. One of the Top IT Companies, Hyperlink InfoSystem is headquartered in Ahmedabad, India, and has offices in the USA, UK, Canada, France, UAE, And Australia. ...
  • Infosys. ...
  • IBM. ...
  • Deloitte. ...
  • Cognizant. ...
  • Accenture. ...
  • Tata Consultancy Services. ...
  • Wipro.
Nov 29, 2022

What is the second most valuable IT company in the world? ›

At the second position is India's Tata Consultancy Services (TCS) with a brand value increase of 2 per cent, taking its valuation to US $17.2 billion.

Which is the first most valuable IT company in the world? ›

In addition to being the most valuable brand in the ranking, accenture is also the strongest IT services brand in the ranking with an impressive Brand Strength Index (BSI) score of 87.8 out of 100 and a corresponding AAA brand rating.

Which city has most IT companies in USA? ›

Seattle, Washington

Amazon and Microsoft have established their presence in Seattle, and other tech companies such as Salesforce, Google, and Apple will continue to expand. About 2.0 million people work in Seattle, including 160,660 who have careers in information technology. The field has grown by 8.5% from 2021-2022.

Which IT technology is most in demand in USA? ›

Cloud computing is one of the most trending technologies with a high demand for qualified professionals. With most organizations (whether big or small) moving to the cloud, there is a massive boom in cloud-related jobs.

Which IT jobs pay the most in US? ›

15 of the Highest-Paying IT Jobs in 2023
  • Data security analyst.
  • Data scientist.
  • Network/cloud architect.
  • Network/cloud engineer.
  • Senior web developer.
  • Site reliability engineer.
  • ERP integration manager.
  • Software engineer.
Jan 30, 2023

Is China ahead of us in technology? ›

China has a significant lead in key areas of technology compared to the U.S. The cutting edge of technology in 2023 is artificial intelligence, with the (sometimes creepy) ChatGPT nearing an “iPhone moment” as a revolutionary tool that is being adopted at record speed.

Is China more advanced than the US? ›

Based on key indicators of innovation and advanced-industry performance, China has surpassed the United States in total innovation output and is getting close on a proportional basis.

Which big tech company is best to work at? ›

The 12 Best Tech Companies to Work for in 2022 According to...
  • HubSpot.
  • Box.
  • Google.
  • Salesforce.
  • NASA Jet Propulsion Laboratory.
  • Five9.
  • Twilio.
  • Adobe.
Oct 7, 2022

What is the toughest job in IT industry? ›

Cybersecurity. Data Science/Analytics. AI/Machine Learning/Robotic Process Automation. Cloud Services/Integration.

Who is software king in world? ›

Who Is Bill Gates and What Does He Do? Bill Gates, an entrepreneur and businessman, and his business partner, Paul Allen, developed and built Microsoft, the world's largest software company, via technological innovation, astute business strategy, and aggressive marketing methods.

Which software is mostly used in the world? ›

The most common examples of applications used by millions daily are listed below. A suite of Microsoft products such as MS Office, PowerPoint, MS Word, Excel, and Outlook. Internet browsers like Google Chrome, Safari, Firefox, etc. Graphics and design software such as Adobe Photoshop, CorelDraw, and AutoCAD.

Which country is famous for software? ›

Japan is famous for its impressive technological infrastructure and latest innovations, hence the high requirement for continuously upgrading tech talent and developers stays at its peak. Software professionals from various domains can have access to various high-paying jobs in the country.

Which is the best IT job in the world? ›

Here are some of the highest paying IT jobs in 2023:
  • Big Data Engineer.
  • Software Architect.
  • Blockchain Engineer.
  • DevOps Engineer.
  • Cloud Architect.
  • Full-Stack Developer.
  • Artificial Intelligence (AI) Engineer.
  • Product Manager.
Mar 1, 2023

Which is the top 10 IT company in India? ›

Top 10 Indian IT Companies and their revenue in 2022
  1. Tata Consultancy Services (TCS) Revenue: 1,67,311 Cr. ...
  2. Infosys. Revenue: 1.02 Lakh Cr. ...
  3. HCL Technologies. Revenue: Approx 80,000 Cr. ...
  4. Wipro. Revenue: 65,000 Cr. ...
  5. Redington India Ltd. Revenue: Approx 50,000 Cr. ...
  6. Tech Mahindra. ...
  7. Larsen & Toubro Infotech Ltd. ...
  8. Mphasis Ltd.
Dec 24, 2022

Which country is the king of technology? ›

RankingCountryComposite Score
1South Korea6.52
2United States5.10
60 more rows
May 4, 2022

What is the highest paid job in IT field? ›

Top 10 Highest Paying Tech Jobs for 2023 and Beyond
  • Product Manager. ...
  • Full Stack Developer. ...
  • Cloud Architect. ...
  • Blockchain Engineer. ...
  • Data Scientist. ...
  • Software Engineering Manager. ...
  • Cyber Security Engineer. ...
  • Big Data Engineer.
Feb 8, 2023

Which IT skill is most in demand? ›

Essential IT skills
  1. Security. Security should be foundational to any IT team. ...
  2. Programming. Being able to program will be a must for those who want to develop software, web applications, and websites. ...
  3. Systems and networks. ...
  4. Data analysis. ...
  5. DevOps. ...
  6. Cloud computing. ...
  7. Machine learning.
Feb 28, 2023

Which IT company gives highest salary in the world? ›

Highest paying Technology Companies
Top Tech CompaniesEarly Career Median SalaryMid-Career Median Pay
14 more rows

Which IT company has most employees? ›

1. Tata Consultancy Services (TCS) - TCS is one of the largest IT services companies in India, and employs over six lakh people worldwide.

Which company is best in technology? ›

Alphabet Inc, an American multinational company is the parent company of Google LLC and several other subsidiary companies. California-based Google Inc. is the undisputed leader in the search engine segment worldwide with a market share of 91.9% as of 2022.

Which is the No 2 IT company in world? ›

It has its headquarters in Bengaluru, Karnataka, India. Infosys is the second largest IT company in India and one of the top 10 largest IT companies in the world in terms of revenue.


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