Technology companies have become a dominant driver of economic growth, consumer tastes and financial markets. The biggest tech stocks as a group, for example, have dramatically outpaced the broader market in the past decade. That’s because technology has reshaped in a major way how people communicate, consume information, shop, socialize, and work. Today, technology is one of the most powerful sectors shaping the global economy, driving changes, and setting trends.
Broadly speaking, companies in the technology sector engage in the research, development, and manufacture of technologically based goods and services. The primary business activities associated with technology industry include; computer hardware, software, electronics, semiconductor, internet, telecom equipment, e-commerce and computer services. They also provide products and services related to information technology.
Here are the top 10 most valuable tech companies in the world.
| Rank | Company | Market cap |
| 1. | Apple | $2.15 trillion |
| 2. | Microsoft | $1.62 trillion |
| 3. | Alphabet | $1.08 trillion |
| 4. | $773.14 billion | |
| 5. | Tencent Holdings | $636.05 billion |
| 6. | Taiwan Semiconductor Manufacturing Company | $382.82 billion |
| 7. | Samsung Electronics | $328.59 billion |
| 8. | Nvidia | $313.94 billion |
| 9. | Verizon Communications | $246.50 billion |
| 10. | Adobe | $228.47 billion |
