Top 10 IT Companies in World 2023 by Revenue & Market Capitalization
list of top 10 IT companies in the world Based on the total revenue and market cap of the company. Information technology (IT) encompasses the tools, processes, and infrastructure used for creating, processing, storing, securing, and exchanging electronic data of all types, including computer systems, networks, and physical equipment.
According to a report the World IT industry is constantly evolving and companies are always competing to be at the top of their game. In this article, we discuss the top 10 IT companies in the world 2023 based on their revenue and market capitalization 2023.
These companies are known for their innovative use of technology, expertise in their respective fields, and commitment to customer satisfaction. They are leading the way in the world IT industry and setting standards for others to follow.
Discover the leading innovators in the Information Technology (IT) sector with our curated list of the top 10 IT companies in the world in 2023. These companies excel in consultancy, outsourcing, technologies, and services and have driven the steady growth of the IT industry through advancements in automation and technology.
List of Top 10 IT Companies in the World 2023 by Revenue and Market Capitalization.
Here is the list of the Top 10 IT companies in the world in 2023. The list is ranked based on Total Revenue and Market capitalization in recent years.
10. HCL Technologies
HCL Technologies is one of the global leading Indian IT companies. 6 engineers, led by Shiv Nadar, started a company that would make personal computers, and on 11th August 1976, that company was started as Hindustan Computers Limited (HCL) and today it comes under the best IT Companies In the world.
HCL witnessed an 11% growth in brand value over the past year to $10 billion & The company signed 59 projects across various sectors, including telecommunications, life sciences, and technology. Its revenue grew by 2.4% year on year to a total of $10.23 billion in 2023.
today HCL's total market cap. is $34.82 Billion and it is the Tenth best IT company in the world in 2023.
CEO:- C Vijayakumar
Headquarters:- Noida, Uttar Pradesh, India
Revenue:- $10.23 Billion
Market Cap:- $ 34.82 Billion
Employees:- 219,325
ROE:- 22.64%
9. Wipro
Wipro is a global leading Indian IT company mentored by Azim Premji Wipro stood at 2nd position in the Newsweek 2012 Global 500 Green companies and in 2018, it was awarded ATD’S (Association for Talent Development) Best of the Best award. It stood at the 752nd position on the Forbes Global 2000 list.
The work-life balance, as the employees say, is the best in Wipro, as compared to other IT companies. The company has a total of 231,671, as of 2021, with clients across 110 countries. It has its headquarters in Bangalore, Karnataka.
The total assets owned by the company in 2021 were $11 billion. The net income of Wipro was $1.4 billion, with an operating income of $1.8 billion. The total revenue of the company was $11 Billion which makes this company ninth position on the list of the world's top 10 IT companies in 2023.
CEO:- Thierry Delaporte
Headquarters:- Bengaluru, Karnataka, India
Revenue:- $11 billion
Market Cap:- $26.27 Billion
Employees:- 259,179
ROE:- 24.04%
8. Infosys
Infosys is an Indian-based Information Technology company with its headquarters in Bangalore, Karnataka. Infosys provides Information Technology services to its customers and business clients through consulting, software development, and business outsourcing.
Started in 1981 by 7 engineers with a total budget of US$ 260, Infosys is one of the global consulting and IT services companies with a revenue of US$14 billion(FY20 revenues). Infosys is the nine largest and fast-growing IT Company on the list of top 10 IT companies in the world in 2023.
Today Infosys has about 243,323+ working employees as of March 2020. Infosys has about 124 development centers across the globe with its major presence in India, the USA, UAE (Middle East), China, Australia, Japan, and Europe.
As of January 2023, Infosys has a market cap of $75.53 Billion and revenue was $17.530 billion it is ranked eighth position on the list of top IT companies in the world.
CEO:- Salil Parekh
Headquarters:- Bengaluru, Karnataka, India
Revenue:- $17.530 billion
Market Cap:- $75.73 Billion
Employees:- 3,35,186
ROE:- 27.49%
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7. Cognizant
Cognizant is maintaining its position of ranking among the fastest-growing companies in the world that provide IT (Information Technology), business, and outsourcing services. Cognizant is an American-based company with its headquarters in New Jersey.
In 2020, The company ranked in the Forbes 500 at 205th rank, and over a short period of time, its revenue increased from $7.7 billion to $19.36 billion by the year 2023. Its employee strength in 2020 is about 289,500 in about 166 locations. Its net income by the year 2020 is about $1.39 billion dollars and it is seventh-best It company in the world
CEO - Brian Humphries
Headquarters:- Teaneck, New Jersey, U.S.
Revenue:- 19.366 Billion
Market Cap:- 31.45 Billion
Number of employees:- 3,41,400
Founders:- Kumar Mahadeva
Francisco:- D'Souza
Founded:- January 26, 1994
6. Capgemini
Capgemini is a global IT consulting and services company based in France. The company is known for its expertise in a range of fields, including cloud computing, cybersecurity, and digital transformation. In 2023, Capgemini is expected to be among the top 10 IT companies in the world based on its revenue and market capitalization.
Capgemini has a strong focus on innovation and is dedicated to helping its clients navigate the rapidly changing landscape of technology. The company has a global presence and serves a wide range of customers, including governments, businesses, and individual consumers. Capgemini is known for its commitment to customer satisfaction and has a strong track record of delivering high-quality solutions to its clients.
In addition to its IT consulting and services, Capgemini is also a leading provider of technology solutions, including software development and system integration. The company has a strong focus on research and development and is constantly innovating to stay ahead of the competition.
Overall, Capgemini is a top IT company to watch in 2023. With its expertise in a range of fields, commitment to innovation, and dedication to customer satisfaction, Capgemini is well-positioned to continue its success in the global IT industry.
CEO:- Aiman Ezzat
Headquarters:- Paris, France
Revenue:- 21.566 Billion
Market Cap:- $38.45 Billion
Employees:- 3,58,400 (2022)
5. Fujitsu (IT Services)
Fujitsu is a global IT company based in Japan. The company is known for its innovative use of technology and expertise in a range of fields, including cloud computing, cybersecurity, and artificial intelligence. In 2023, Fujitsu is expected to be among the top 10 IT companies in the world based on its revenue and market capitalization.
Fujitsu has a strong focus on research and development and is dedicated to developing cutting-edge solutions in the IT industry. The company has a global presence and serves a wide range of customers, including governments, businesses, and individual consumers. Fujitsu is known for its commitment to customer satisfaction and has a strong track record of delivering high-quality solutions to its clients.
In addition to its IT services, Fujitsu is also a leading manufacturer of computer hardware, including servers, laptops, and tablets. The company is known for its high-quality products and is constantly innovating to stay ahead of the competition.
Overall, Fujitsu is a top IT company to watch in 2023. With its innovative technology, expertise in a range of fields, and commitment to customer satisfaction, Fujitsu is well-positioned to continue its success in the global IT industry.
CEO:- Rod Vawdrey
Headquarters:- Minato City, Tokyo, Japan
Revenue:- $32.8 Billion
Market Cap:- $28.18 Billion
Employees:- 1,32,138
ROE:- 17.2%
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4. TCS
Tata Consultancy service was started in 1968 to provide punched card services to Tata Steel. today Tata Consultancy Services (TCS) is an Indian-based IT multinational company that also had been ranked a global leader in Information technology (IT) services.
Tata Consultancy service provides Information Technology services, Business and consulting, and Digital transformations to the world’s largest businesses and serves IT services and the IT consulting Industry.
The headquarter of Tata Consultancy service is located in Mumbai, India. The number of employees in TCS by the end of December 2020 is 4,70,235. It is also ranked among the 10 top IT companies in the world 2023 by revenue, generating revenue of $25 billion in the year 2021.
CEO:- Rajesh Gopinathan
Headquarters:- Mumbai, Maharashtra, India
ROE:- 44.72 %
Revenue:- $26 Billion
Market Cap:- $200 Billion
Employees:- 613,974
3. IBM
IBM is a world-leading American computer manufacturer, with a major share of the market both in the United States(US) and abroad. Its headquarter is in Armonk, New York, America.
It was incorporated in 1911 as the Computing-Tabulating-Recording (CTR) Company in the consolidation of 3 smaller companies that made punch-card tabulators and other office products.
The company assumed its present name in 1924 under the leadership of Thomas Watson, a man of considerable marketing skill who became general manager in 1914 and had gained complete control of the firm by 1924.
Watson built the then-floundering company into the world's leading American manufacturer of punch-card tabulating systems used by governments (Gov.) and private businesses. He also developed a highly disciplined and competitive sales force that adapted the company’s custom-built tabulating systems to the needs of particular customers.
In 2022 the company reports $130.19 Billion in revenue and placed in the third position on the list of top 5 IT companies in the world 2023 and also placed on the fortune 500 company list.
CEO:- Arvind Krishna
Headquarters:- Armonk, New York, United States
Revenue:- $57.35 Billion
Market Cap:- $130.19 Billion
Employees:- 297,900
2. Accenture
Accenture plc is one of the leading global Irish-based multinational and professional services companies that especially work in Information Technology services and consulting. In 2020 Accenture plc reported revenues of $44.36 billion and had employees that toll-no 567,000.
Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers.624,000+ people deliver the quality of technology and human ingenuity every day, serving clients in more than 120 countries.
The company has a total market cap. $171.77 Billion which brings this company to second best IT company in the list of top 5 best IT companies in the world by revenue and market capitalization.
CEO:- Julie Sweet
Headquarters:- Dublin, Ireland
Revenue:- $62.2 Billion
Market Cap:- $171.77 Billion
Employees:- 738,000
1. Microsoft
Microsoft Corporation, the Redmond, Washington, USA-based company. Microsoft retains the top position among software companies in the World.
Selling computer software, most notably the Windows operating systems (OS), the Microsoft Office (MS Office) suite, Internet Explorer and Edge web browsers.
It is also involved in consumer electronics with the Xbox video game consoles, touchscreen personal computers with Microsoft Surface, and related services. it is the Largest IT Company in the world by Revenue and Total Market capitalization for an IT company worldwide in 2023.
In 2023, Microsoft is the No1. IT company in the world in terms of its Revenue & Market Capitalization.
CEO:- Satya Nadella
Headquarters:- Redmond, Washington, United States
Revenue:- $198 Billion
Market Cap:- $1693.52B
Employees:- 211,000
Also Read-
Which is the No 1 IT company in the world?
Microsoft, With 16,800 crores USD revenue and 2,576.06B market cap. Microsoft is the No 1 IT company in the world.
Which is the best IT company in the world?
Microsoft, With 16,800 crores USD revenue and 2,576.06B market cap. Microsoft is the best IT company in the world in 2023.
Which country is best in the IT sector?
According to a report, the USA is the highest number of IT companies and the IT companies are growing in the USA day by day that is the reason The USA is the best in IT Sector.
Which is the IT hub of the world?
