The world’s top ten biggest companies by market capitalization span a diverse range of industries, including technology, healthcare, energy, financial services, and more. While many of the top-rated companies generate hundreds of billions of dollar every year, there are a few with annual revenues below $100 billion.
In this blog, ScoopDose will provide a comprehensive summary of the ten biggest companies in the world by market cap in 2024. This post will highlight valuable insights into their respective niches.
World’s Top 10 Biggest Companies
Which are the top ten biggest companies in 2024? Our list is headed by Microsoft, to which probably no one is shocked!
Let’s get started with our list of the ten biggest companies in the world by market capitalization as of March 19, 2024.
| Company | Sector | Market Cap (USD) |
|
Technology | $3.1 trillion |
|
Technology | $2.68 trillion |
|
Technology | $2.21 trillion |
|
Oil & Gas | $2.01 trillion |
|
Technology | $1.84 trillion |
|
eCommerce | $1.81 trillion |
|
Social Media | $1.26 trillion |
|
Diversified Investment | $883.7 billion |
|
Pharmaceuticals | $724.6 billion |
|
Semiconductors | $708.75 billion |
Let’s take a more detailed look at the world’s top 10 biggest companies generating the highest revenues in 2024, as outlined in the table above:
Microsoft
Year of Foundation: 1975
Current CEO: Satya Nadella
Country: USA
Microsoft Corporation is renowned for its broad array of products and services, such as its flagship Windows operating system and Office suite. Over these years, the company has spread its wings beyond software. It’s esteemed work in ventures like cloud computing and hardware has solidified its place among the top ten biggest companies across the globe.
Apple
Year of Foundation: 1976
Current CEO: Tim Hook
Country: USA
Apple Inc. holds the title of the world’s biggest company by market capitalization. Highly recognized for its ground breaking products, such as iPhone, Mac, iPad, and IWatch, Apple has always pushes the boundaries of technical excellence. The company’s continuous commitment toward innovation has made it consumer favourite and a tech-giant among ten biggest companies in the world.
Nvidia
Year of Foundation: 1993
Current CEO: Jensen Huang
Country: USA
Nvidia has surged in recognition in recent times as its profits experienced substantial growth, surpassing most of its industry contemporaries. Over the years, the company has shown its outstanding work in standalone GPUs, which are integral for generative AI platforms like OpenAI’s ChatGPT and Google’s Bard
Saudi Aramco
Year of Foundation: 1933
Current CEO: Amin H. Nasser
Country: USA
Pioneer in the gas and oil industry, Saudi Aramco boasts the fourth-largest market capitalization globally, making it the backbone of Saudi Arabia’s economy. The company’s massive oil reserves and strategic location in the Middle East make it stand tall among the world’s top 10 biggest companies in 2024.
Alphabet (Google)
Year of Foundation: 2015
Current CEO: Sundar Pichai
Country: USA
Alphabet Inc., Google’s parent company, boasts a wide range of products and services, including search engines, digital advertising, cloud computing, software, and hardware. Undoubtedly, Google’s onmipresence in the digital landscape solidifies Alphabet’s position among the top ten firms across the world.
Amazon
Year of Foundation: 1994
Current CEO: Andy Jassy
Country: USA
The list of world’s largest companies can’t be completed without the biggest eCommerce tycoon, Amazon The company has diversified into various technological innovations, such as artificial intelligence, cloud computing, and digital streaming. Moreover, Amazon’s diverse range of product offerings and its unparalleled dominance in the eCommerce industry have cemented its position among the biggest companies.
Meta Platforms
Year of Foundation: 2004
Current CEO: Mark Zukerberg
Country: USA
Facebook Inc., now Meta Platforms, is a social media titan with ownership of Instagram, WhatsApp, and the Oculus Metaverse. Meta aims to mainstream the concept of the metaverse, promoting lifelike experiences in a virtual 3D space. Through its Oculus division, Meta provides users with seamless virtual experiences, bridging the gap between digital and real-world activities.
Berkshire Hathaway
Year of Foundation: 1839
Current CEO: Warren Buffet
Country: USA
Berkshire Hathaway, led by one of the world’s most successful investors, Warren Buffett, is a diversified investment company with a strong portfolio and leadership. His strong leadership skills are driving Berkshire Hathaway’s high market capitalization.
Eli Lilly
Year of Foundation: 1876
Current CEO: David A. Ricks
Country: USA
Established in 1876 by Colonel Eli Lilly, Eli Lilly and Company is a prominent American pharmaceutical firm. Headquartered in Indianapolis, Indiana, it maintains offices in 18 countries, with its products available in approximately 125 nations.
TSMC
Year of Foundation: 1975
Current CEO: Satya Nadella
Country: USA
Taiwan Semiconductor Manufacturing Company (TSMC) is a leading force in the semiconductor industry, serving as the world’s largest dedicated independent (pure-play) semiconductor foundry. Leveraging advanced manufacturing capabilities, TSMC supplies key components for a vast array of electronic devices, solidifying its position as a pivotal player among the market cap leaders.
Conclusion
In conclusion, the world’s top ten biggest companies by market capitalization in 2024 represent a diverse range of industries, including technology, healthcare, and energy. Companies like Microsoft, Apple, and Google have achieved remarkable success through innovation, strategic leadership, and a commitment to excellence. As leaders in their respective sectors, they continue to shape the global economy and drive forward technological advancements. Follow ScoopDose for more such blogs!
