The technology sector is the economic star of the United States, leading both the country’s growth and the financial markets. IT and communications companies are at the center of innovations that are rapidly transforming people’s lives and transforming business, finance and the broader economy.
America’s largest technology companies operate in a variety of industries with products and services that disrupt traditional ways of doing business or create new models that revolutionize entire sectors. With high-tech, high-value-added products and services, tech industry players face fierce competition to acquire and retain their share of a range of highly lucrative markets.
This battle for market share is even fiercer as in many technology companies the law of “winner takes all” proves that the dominant player takes the lion’s share of the profits. The notorious Big Five American tech companies Microsoft, Apple, Amazon, Google and Facebook demonstrate this phenomenon with their unmatched supremacy over their respective core businesses: office software, smartphones, e-commerce, search engines and social media.
Led by the Big Five in this heightened rivalry, the big tech companies have no qualms about creating products to compete against each other or new emerging startups. They rely on their existing customer base or distribution networks to gain market share when they cannot disrupt the market or its business practices.
Currently, America’s best-known tech companies are the backbone of the country’s economic growth and a key aspect of its global power. They are also one of the main levers for future high-paying jobs in the US, and while they threaten a number of traditional industries, they also bring hope in the US and around the world that their innovative and disruptive approach to business will bring new useful exciting applications in life the human.
List of the 30 largest American technology companies by market capitalization
To give you a better overview of the players in the technology sector in the US, details of the thirty largest public companies that manufacture American technology have been provided below. Each company is detailed with presentations of its sector, sub-industry, activities, market capitalization, a direct link to its website, logo and stock symbol.
The technology companies listed below are ranked by market capitalization in US dollars as of the close of trading on Friday, February 7, 2020. They are defined according to the Global Industry Classification Standard (GICS) as belonging to the specific sectors of Information Technology or Communication Services or Consumer Discretionary for Amazon as it is primarily in the Internet & Direct Marketing Retail sub-industry.
The other companies operate across a variety of technology sub-sectors including Systems Software, Wireless Telecom Services, Internet Services & Infrastructure, Application Software, Computing & Outsourced Services, Semiconductors, Cable & Satellite, IT Consulting & Other Services, Movies & Entertainment (for Netflix) , Communications Equipment, Integrated Telecom Services, Interactive Media & Services and Technology Hardware, Storage & Peripherals.
Links to any technology company
To help you navigate this long list, here are quick links that will take you straight to the details of America’s top 30 tech companies. Also check the summary of the top 10 US technology companies after the list!
- Micron Technology
- ServiceNow
- T-Mobile US
- ADP
- intuitive
- fisherv
- FIS
- Qualcomm
- Charter Communications
- Texas Instruments
- Broadcom
- IBM
- PayPal
- Netflix
- Nvidia
- Salesforce
- Oracle
- Adobe
- Comcast
- Cisco
- Verizon
- AT&T
- intel
- MasterCard
- Visas
- alphabet
- Amazon
- Apple
- Microsoft
30.MicronTechnology
Sector: Information Technology – Industry: Semiconductors
Micron Technology, Inc., also known as Micron, is a semiconductor company specializing in computer memory and computer data storage. The Company markets a variety of products including dynamic random access memory, flash memory and USB flash drives under the Crucial and Ballistix brands. Micron has partnered with Intel (see below) to develop IM flash technologies and produce NAND flash memory.
29. ServiceNow
Sector: Information Technology – Sub-Industry: Systems Software
ServiceNow is a technical management service provider. As a platform-as-a-service provider, the company offers services such as IT workflows and service management, employee and HR services, customer service management and an ecosystem for application creation. It charges with a cost per user structure, allowing businesses of all sizes to use their platform.
Website: servicenow.com – Market Cap: $64.324 billion – Stock Symbol: NOW
28. T-Mobile US
Sector: Communication Services – Industry: Wireless Telecommunications Services
T-Mobile US, more simply known as T-Mobile, is a wireless network operator that provides wireless voice and data services and a host network for multiple mobile virtual network operators. T-Mobile is the third largest mobile operator with more than 80 million customers in the US in 2019. The majority shareholder is Deutsche Telekom, one of the largest German companies.
Website: t-mobile.com – Market capitalization: $73.1 billion – Stock symbol: TMUS
27. ADP
Sector: Information Technology – Industry: Internet Services & Infrastructure
Automatic Data Processing, Inc., commonly known as ADP, is a human resources management software and cloud-based services company. Through its technology platform, ADP provides solutions for human resources, payroll, talent, time, tax and benefits management, as well as business outsourcing services, analytics and compliance expertise.
26. Intuitive
Sector: Information Technology – Industry: Application Software
Intuit Inc. is a software company specializing in financial, accounting and tax preparation software and related services. It is particularly known for producing TurboTax, an excise tax preparation application, QuickBooks, an accounting program for small businesses, and Mint, a personal finance application.
Website: Intuit.com – Market Cap: $77.88 billion – Stock Symbol: INTU
25. Fiserv
Sector: Information Technology – Industry: Data Processing & Outsourced Services
Fiserv Inc. is a financial services technology company. It provides data processing services primarily to financial institutions such as banks, thrifts, credit unions, securities dealers, leasing and finance companies, and companies from a variety of other industries.
Website: fiserv.com – Market Cap: $82.852 billion – Stock Symbol: FISV
24. FIS
Sector: Information Technology – Sub-Industry: Data Processing & Outsourced Services
Fidelity National Information Services, Inc., better known as FIS, is a multinational financial services software company that operates in more than 130 countries. It offers a range of personal and investment banking, e-commerce and corporate financial services services, including payment processing, banking software, merchant solutions and related technology outsourcing.
23. Qualcomm
Sector: Information Technology – Industry: Semiconductors
Qualcomm Inc. is a multinational company providing semiconductors and telecommunications equipment. The Company develops and markets wireless telecommunications products and services, with subsidiaries specializing in specific business areas: Qualcomm CDMA Technologies sells Qualcomm’s products and services, Qualcomm Technology Licensing manages the patent licensing business, and Qualcomm Technologies, Inc. conducts research and development activities by Qualcomm.
Website: qualcomm.com – Market capitalization: $99.595 billion – Stock symbol: QCOM
22. Charter Communications
Sector: Communication Services – Industry: Cable & Satellite
Charter Communications, Inc. is a telecommunications and mass media company. Charter Communications, trading under the Spectrum brand, is one of the largest cable operators, pay-TV operators and telephone companies in the United States.
Website: Charter.com – Market Cap: $110.281 billion – Stock Symbol: CHTR
21.Texas Instruments
Sector: Information Technology – Industry: Semiconductors
Texas Instruments Inc., also known as TI, is a semiconductor and integrated circuit manufacturing company. Texas Instruments is the world’s largest manufacturer of analog technology components, providing analog chips and embedded processors, digital light processing technology, and education technology products such as calculators, microcontrollers, and multi-core processors.
Website: ti.com – Market Cap: $119.953 billion – Stock Symbol: TXN
20. Broadcom
Sector: Information Technology – Industry: Semiconductors
Broadcom Inc. is a manufacturer of semiconductor and infrastructure software solutions for the data center, networking, software, broadband, wireless, and storage and industrial markets. It groups several subsidiaries, including Avago Technologies, LSI, Broadcom Corporation, Brocade and CA Technologies, which are industry leaders in their fields.
19.IBM
Sector: Information Technology – Industry: IT Consulting & Other Services
Founded in 1911, International Business Machines Corporation, better known as IBM, is a multinational information technology company with operations in more than 170 countries. IBM manufactures and markets computer hardware, middleware and software, and provides hosting and consulting services. IBM is also a major technology research organization.
Website: ibm.com – Market capitalization: $136.239 billion – Stock symbol: IBM
18. PayPal
Sector: Information Technology – Industry: Data Processing & Outsourced Services
PayPal Holdings, Inc. is a company that operates a global online payment system. Providing an electronic alternative to traditional checks and money orders, PayPal helps online merchants and business users by facilitating online money transfers for a fee. PayPal had its IPO in 2002 before being acquired by eBay, which later divested itself of it in 2015.
Website: paypal.com – Market capitalization: $139.588 billion – Stock symbol: PYPL
17.Netflix
Sector: Communication Services – Industry: Movies & Entertainment
Netflix, Inc. is a company that provides a video-on-demand service. Operating primarily on subscription-based streaming, Netflix offers a library of movies and TV programs that customers can choose and watch when they want. Netflix originally sold and rented DVDs and turned to online services thanks to the introduction of media streaming. This allowed him to expand internationally from 2010 and gain a foothold in the content production industry.
16. Nvidia
Sector: Information Technology – Industry: Semiconductors
Nvidia Corporation is a company that develops graphics processing units (GPUs) for the gaming and professional markets, and SoCs (System on a Chip) for the mobile computing and automotive markets. It powers GeForce-branded GPUs and mobile Tegra processors, and extends gaming with the Shield brand across devices, tablets, and Android TV. Nvidia now also produces chips for supercomputers, particularly for artificial intelligence and scientific research applications.
Website: nvidia.com – Market Cap: $163.763 billion – Stock Symbol: NVDA
15. Salesforce
Sector: Information Technology – Sub-Industry: Application Software
Salesforce.com, Inc. is a cloud-based enterprise software company. Salesforce is best known for its CRM (Customer Relationship Management) service, which operates on a platform-as-a-service model. Additionally, Salesforce offers a suite of enterprise applications for customer service, marketing automation, analytics, and application development.
14.Oracles
Sector: Information Technology – Sub-Industry: Application Software
Oracle Corporation is a multinational computer technology company that sells database software and technology, cloud systems, and enterprise software products. Oracle is particularly engaged in its own brands of database management systems and provides tools for database development and software systems, including enterprise resource planning, human capital management, customer relationship management and supply chain management.
Website: oracle.comindex.html – Market capitalization: $175.426 billion – Stock symbol: ORCL
13.Adobe
Sector: Information Technology – Industry: Application Software
Adobe Inc. is a multinational computer software company that originally focused on multimedia and creativity software products before transitioning to digital marketing software. It is particularly known for its Adobe Flash web software ecosystem, Photoshop image editing software, Acrobat Reader, PDF (Portable Document Format) format, and Adobe Creative Suite and its successor, Adobe Creative Cloud.
12. Comcast
Sector: Communication Services – Industry: Cable & Satellite
Comcast Corporation is a telecommunications conglomerate. Comcast is one of the leading providers in the United States and worldwide and is active in radio and cable television, pay television, cable television, home Internet service and home telephone service. As a producer of motion pictures and television programs through its subsidiaries NBCUniversal and Universal Pictures, Comcast is engaged in numerous other industries through subsidiaries, including residential cable with Xfinity, commercial services through Comcast Business, television channels particularly with NBC, Telemundo, MSNBC, CNBC, and Sky.
Website: Corporate.comcast.com – Market Cap: $203,749 billion – Stock Symbol: CMCSA
11.Cisco
Sector: Information Technology – Branch: Communication Equipment
Cisco Systems, Inc. is a multinational technology conglomerate that designs, manufactures, and sells networking hardware, telecommunications equipment, and other high-technology services and products. Cisco also specializes in Internet of Things, domain security, and power management through its many subsidiaries.
10.Verizon
Sector: Communication Services – Sub-Industry: Integrated Telecommunication Services
Verizon Communications Inc., commonly known as Verizon, is a diversified multinational telecommunications conglomerate. Verizon operates across a number of communications segments, including 5G, wireless networks, broadband and fiber, media and technology, Internet of Things and managerial security.
Website: verizon.com – Market cap: $247,899 billion – Stock symbol: VZ
9.AT&T
Sector: Communication Services – Sub-Industry: Integrated Telecommunication Services
AT&T Inc. is a multinational conglomerate holding company. AT&T has been in the telecommunications industry since 1877 and operates cellular and landline telephone services in the United States through AT&T Communications. It is also the parent company of mass media conglomerate WarnerMedia, one of the world’s largest media and entertainment companies.
8.Intel
Sector: Information Technology – Sub-Industry: Semiconductors
Intel Corporation, commonly known as Intel, is a multinational corporation and technology company principally engaged in the manufacture and sale of microprocessors and semiconductor chips for personal computers. Intel is also diversifying into other technologies, including cloud, Internet of Things, computer storage, and 5G connectivity.
Website: intel.com – Market Cap: $281.319 billion – Stock Symbol: INTC
7.Mastercard
Sector: Information Technology – Sub-Industry: Data Processing & Outsourced Services
Mastercard Incorporated is a multinational financial services company. It is primarily involved in processing payments between merchants’ banks and the card issuer of customers who use a Mastercard-branded debit, credit or prepaid card to make purchases.\
6. Visa
Sector: Information Technology – Sub-Industry: Data Processing & Outsourced Services
Visa Inc. is a multinational financial services company that facilitates electronic money transfers worldwide. The Company operates payment products that enable financial institutions to offer their customers credit, debit, prepaid and cash access programs through Visa-branded credit cards, gift cards and debit cards.
5.Facebook
Sector: Communication Services – Sub-Industry: Interactive Media & Services
Facebook, Inc. is an online social media and social networking service. Originally limited to college students, Facebook has gradually opened its services to people over the age of 13, now reaching more than 2 billion worldwide. Accessible from any internet-connected device, users can customize profiles, post text, photos and multimedia to be shared with their friends on Facebook. You can also join interest groups, receive messages and notifications, and use various other embedded applications.
4. Alphabet
Sector: Communication Services – Sub-Industry: Interactive Media & Services
Alphabet Inc. is a multinational technology conglomerate formed out of the corporate reorganization of Google, which is now its subsidiary along with several other services. The Google search engine, advertising business, and related services make up most of Alphabet’s operations. Other subsidiaries include Calico (biotechnology), Chronicle (cybersecurity), DeepMind (artificial intelligence), GV (venture capital) and CapitalG (private equity). , X (R&D), Google Fiber (fiber internet services), Jigsaw (technology incubator), Makani (wind turbines), Sidewalk Labs (urban innovation), Verily (life sciences), Waymo (self-driving technology), Wing (drone-based delivery ) and Loon (Internet provider about stratospheric balloons).
Website: abc.xyz – Market cap: $1.017 billion – Stock symbol: togetL
3.Amazon
Sector: Consumer Discretionary – Sub-Industry: Internet & Direct Marketing Retail
Amazon.com, Inc. is a multinational technology company focused on e-commerce, cloud computing, digital streaming, and artificial intelligence. It started as an online bookstore that later specialized in a wide range of products. Amazon has become the undisputed leader in e-commerce in the US, evolving into brick-and-mortar retail after expanding into many countries with the acquisition of Whole Foods Market, as well as publishing, electronics, cloud computing, video streaming and manufacturing, among others investments.
2.Apples
Sector: Information Technology – Sub-Industry: Technology Hardware, Storage & Peripherals
Apple Inc. develops, manufactures and markets mobile phones and media devices, computers, particularly iPhone, iPad, Mac, iPod, Apple Watch and Apple TV. The company also designs and sells a range of related software and services: the iPhone OS (iOS), the OS X and watchOS operating systems, iCloud and Apple Pay. Apple also sells accessories, support plans, and third-party digital content and applications.
Website: apple.com – Market cap: $1.4 billion – Stock symbol: AAPL
1.Microsoft
Sector: Information Technology – Sub-Industry: Systems Software
Microsoft Corporation is a multinational technology company that develops, manufactures, licenses, supports, and sells computer software, specifically the Windows operating systems, the Microsoft Office suite, Internet Explorer, and the Edge web browsers. It also deals with consumer electronics with the Xbox video game consoles, touchscreen PCs with Microsoft Surface and related services.
Website: microsoft.com – Market Cap: $1.428 billion – Stock Symbol: MSFT
Summary: Top 10 US Tech Companies 2023
To give you a quick look at America’s biggest tech companies in 2020, here’s a synopsis image that regroups the top 10 information. Note that you can use this image to embed it on your website and other digital properties using the following embed code.
