Top 5 Biggest Technology Brands in the World
Today’s technology brands are running the whole world in a way that FMCG or other sector firms or multinational conglomerates have never been able to. Among the tech firms the electronic brands are taking huge leap by coming with such devices which offer revolutionary features at highly affordable price points. The rise of new technology gadgets is fuelled by the might of the Chinese production capability which helps in churning quality products at affordable rates for the global market. This is the very reason behind the success and rise of the technology firms in the recent past.
Here are the top 5 biggest technology brands in the world put together by the reputable UK based valuable and strategy consultancy company.
This year saw the turn of fortunes for Google which came supremely over the Apple. Apple has been reigning as the most significant technology brand in the world for five times in the row. Apple valuation has gone down from the earlier $145.9 billion to just over $107.1 billion on a year to year basis. Google is leading the chart of the electronic brands in the world with a massive valuation of $109.4 billion.
Apple has seen some incredible results in the last decade where it has been consistent in offering high-quality premium new technology gadgets. These new technology gadgets were not great devices, but they also appeared to be robustly designed to safeguard one’s privacy and security to the next extent than any other device present in the market.
3. Hewlett Packard Company
Hewlett Packard isn’t devoid of innovation as it is continuously producing new technology gadgets to bring quality user experience to the target audience. It is worth noting that HP is splitting itself into two separate business entities which are HP enterprise focusing on the infrastructure, software, and services to the businesses and HP Inc providing the hardware like printers and computers along with the software to the masses. Last year, it registered sales of $111 billion which is merely a mind-boggling thing to achieve by any firm.
Amazon has simply transformed the way we shop, and it has also brought brands closer to the customers with its giant portal. Today, it houses an innumerable number of electronic brands and its products on its varied websites. Amazon is being valued at $106.3 billion, and it is gaining momentum with each passing year and likely to merge at the top in the next few years.
Writing off IBM is simply impossible at a given point of time. IBM has been at the forefront of the innovation, competitive and able to take the risk right from the very onset of the digital era. Though its revenue has shrunk in the recent years, it has surprisingly made a grand business transition into the cloud of the businesses which no one else has expected from the tech firm. It is valued at just meagre 36 billion but that doesn’t matter for this innovative electronic brand.
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