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Top 10 tech companies in the world by market cap 2025: US still leads, China closes in; see where Indian companies stand

Top 10 largest companies in the technology sector list: Spending on IT continues to climb, reflecting its growing importance. In 2025, global IT services is expected to hit $1.74 trillion.

Apple is the only tech company with over 3 trillion USD market cap (Source: Getty)Apple is the only tech company with over 3 trillion USD market cap (Source: Getty)

Top tech companies by market cap 2025: In recent years, technology companies have emerged as powerful engines of global economic growth, influencing everything from consumer behaviour to stock market trends. The biggest names in tech have far outpaced the broader market over the past decade, thanks to the sector’s sweeping impact on how we work, connect, shop, and engage with the world.

At their core, tech firms are in the business of creating and advancing products and services rooted in innovation. These companies are responsible for designing everything from computers and smartphones to home gadgets, and they also provide vital services that power the information technology ecosystem.

Spending on IT continues to climb, reflecting its growing importance. As CRN reports, “the world will spend most of its money on IT services,” continuing a trend seen over the last several years. In 2024, global IT services spending reached $1.59 trillion–a 5.6 per cent rise from the previous year. This figure is expected to jump even higher in 2025, hitting $1.74 trillion, which would mark a 9.4 per cent annual increase.

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Artificial intelligence is also seeing explosive investment. According to the International Data Corporation, worldwide spending on AI is projected to grow at a compound annual growth rate of 29 per cent from 2024 to 2028–a signal of just how rapidly this technology is being adopted and integrated across industries.

Global tech giants are locked in fierce competition for market dominance, often becoming the largest and most influential corporations on the planet. Take NVIDIA, for example. In a stunning rise last year, it reached a market valuation of over $3 trillion, briefly making it the world’s most valuable company, surpassing even Microsoft and Apple. But the momentum didn’t last–January 2025 saw NVIDIA lose nearly $600 billion in market value after China’s DeepSeek made waves. This dramatic plunge marked the largest single-day market cap loss in the history of the United States of America.

Market capitalisation, a key metric for analysts and investors, reflects the total value of a company’s outstanding shares. It’s often used as a yardstick to determine which firms hold the most weight in the corporate world.

While American tech heavyweights like Apple, Google, and Amazon dominate the top spots, companies from Asia have made significant inroads. Taiwan’s TSMC and China’s Tencent occupy the ninth and tenth positions, respectively. Tata Consultancy Services (TCS), a part of the Tata Group, holds the title of India’s biggest IT firm, boasting a market cap of approximately Rs 12.41 lakh crore.

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The world’s top 10 most valuable tech companies by market cap in 2025

Below are the world’s top 10 most valuable IT firms by market cap, as of April 2025:

Rank. Company Name Total Market Cap (in USD) Country
1. Apple $3.172 trillion USA
2. Microsoft $2.929 trillion USA
3. NVIDIA $2.660 trillion USA
4. Amazon $1.988 trillion USA
5. Alphabet (Google) $1.953 trillion USA
6. Meta Platforms (Facebook) $1.399 trillion USA
7. Tesla $940.61 billion USA
8. Boradcom $898.87 billion USA
9. TSMC $853.08 billion Taiwan
10. Tencent $555.29 billion China

Source: Forbes

Important Note: Market capitalisation is dynamic and varies with the share price of a firm. It might change dramatically over time or even from day to day, with the aforementioned market capitalisation has been noted as of April 30, 2025.

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