Top 10 IT Companies in World 2023
As per IT industry reports, the top IT companies in the world are spending more than $4,454 billion. Things like cyber attacks, online security, Artificial Intelligence (AI), IoT, cloud computing, etc are the best IT services served to clients.
In addition to Artificial intelligence, worldwide revenues for the artificial intelligence (AI) market, including hardware, software and services, are estimated to grow 15.2% year over year in 2021 to $341.8 billion, according to the latest release of the International Data Corporation and further, the researcher also predicted that forecast to accelerate further in 2022 with 18.8% growth and remain on track to break the $500 billion mark by 2024.
list of top 10 IT companies in the world Based on the total revenue and market capitalization. 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 in 2023 based on their revenue and market capitalization.
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 an Indian multinational IT company that provides world-class IT services in the world. The company's main focus on the services are Application Development and Maintenance, Digital Transformation, Cloud Services, Data Analytics, Cybersecurity, IT Infrastructure Services and Business Process Services,
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 274,000, as of March 2023, with clients across 110 countries. It has its headquarters in Bangalore, Karnataka.
The total assets owned by the company in 2023 were $11 billion. the total revenue is 12.87 billion and 24.34 Billion market capitalization 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:- $12.7 billion
Market Cap:- $24.27 Billion
Employees:- 274,000
ROE:- 24.04%
8. Infosys
Infosys is an Indian-based Information Technology company with its headquarters in Bangalore, Karnataka. Infosys provides Information Technology services to its customers and business clients through consulting, software development, and business outsourcing.
Started in 1981 by 7 engineers with a total budget of US$ 260, Infosys is one of the finest global consulting and IT services companies with a revenue of US$18.3 billion(FY22 revenues). Infosys is the eighth largest and fast-growing IT Company in the world in 2023.
Today Infosys has about 346,800+ working employees as of March 2023. 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 $18.30 billion that is the reason we consider it in eighth position on the list of top IT companies in the world.
CEO:- Salil Parekh
Headquarters:- Bengaluru, Karnataka, India
Revenue:- $18.30 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 $21.36 billion by the year 2023.
Its employee strength in 2023 is about 355,700 in about 166 locations. the companies total revenue is $21.36 Billion and $31.45 Billion which makes this world's seventh best IT company in 2023.
CEO - Brian Humphries
Headquarters:- Teaneck, New Jersey, U.S.
Revenue:- 21.36 Billion
Market Cap:- 31.45 Billion
Number of employees:- 355,700
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.
In addition to its IT consulting and services, Capgemini is also a leading provider of Digital Transformation Services, Technology and Engineering Services and Outsourcing Services.
The company strongly focuses 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:- 22.566 Billion
Market Cap:- $31.74 Billion
Employees:- 358,400 (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 listed among the top 10 IT companies in the world based on its revenue and market capitalization.
Fujitsu strongly focuses 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.
In 2023 the company reported $33.77 Billion in revenue and a $26.61 Billion market capitalization which makes Fujitsu the world's 666th most valuable company by market cap according to companiesmarketcap.com.
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:- $33.7 Billion
Market Cap:- $26.62 Billion
Employees:- 124,200
ROE:- 17.2%
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4. 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.
Today IBM (International Business Machines Corporation) is a multinational technology company that provides a wide range of products and services in the areas of hardware, software, and services.
the company's main services are Hardware, Software, Cloud Services, Artificial Intelligence (AI), Services (consulting, outsourcing, technical support), Research and Security.
In 2023 the company reports $79.19 Billion in revenue and $118.98 Billion market capitalization which placed it in the fourth position on the list of top 5 IT companies in the world in 2023.
CEO:- Arvind Krishna
Headquarters:- Armonk, New York, United States
Revenue:- $79.19 Billion
Market Cap:- $118.98 Billion
Employees:- 297,900
3. Accenture
Accenture plc is one of the leading global Irish-based professional services companies that especially work in Information Technology services and consulting.
The company's main services are Strategy Consulting, Technology Consulting, Digital Transformation, Outsourcing (IT, business process, application), Analytics and Data Management, Interactive Marketing, Cybersecurity and Cloud Services.
Accenture by far has proven to be a major player in the tech world and also one of the biggest IT companies in the world and finest software companies in the world.
In 2023 Accenture plc reported revenues of $63.14 billion and with operations in more than 49 countries and a workforce of over 738,000 employees.
The company has a total market cap. $186.77 Billion and its total revenue is $63.14 billion which brings this company to the third-best IT company in the world by revenue and market capitalization.
CEO:- Julie Sweet
Headquarters:- Dublin, Ireland
Revenue:- $63.14 Billion (2023)
Market Cap:- $186.77 Billion
Employees:- 738,000
2. TCS - Tata Consultancy Services
Tata Consultancy Service (TCS) is an Indian company that was started in 1968 to provide punch card services to Tata Steel.
Today Tata Consultancy Services is not only Indian but also the world's second-best IT multinational company that provides world-class Application Development and Maintenance, Cloud Services, Data Analytics and Business Intelligence, Consulting Services and other IT-related services.
in 2023 TCS is one of the largest IT services companies in the world, with operations in more than 46 countries and a workforce of over 556,000 employees.
The TCS has received various awards and recognition for its work in the IT services industry, including being ranked as the third-largest IT services company in the world by revenue and second-best IT services company in the world by revenue and Market capitalization.
CEO:- Rajesh Gopinathan
Headquarters:- Mumbai, Maharashtra, India
ROE:- 44.72 %
Revenue:- US$25.8 billion, 2022
Market Cap:- $154 Billion
Employees:- 556,000
1. Microsoft
Microsoft Corporation, the Redmond, Washington, USA-based Information technology 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's market capitalization is $2.7 Trillion and the total revenue of the company is Microsoft is $198 Billion which made this company 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:- $2.7 Trillion
Employees:- 221,000
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?
