The tech industry is constantly evolving. What was once considered cutting-edge technology can quickly become obsolete as new developments emerge and old technologies fall by the wayside. As we look to the future, one question remains: which companies will lead the tech industry in 2024?
Apple
At this point, it’s safe to say that Apple is here to stay. It has been a leader in the tech world since its launch in 1976, and there’s no sign that it will slow down anytime soon. In 2024, Apple is likely to continue its dominance in the mobile device market with its iPhones, iPads and other devices. Additionally, its focus on services such as iCloud storage and Apple Music could keep it at the forefront of the industry.
Amazon
Amazon isn’t just an online retailer anymore; it’s now a major player in many different industries. From cloud computing and artificial intelligence to streaming services and digital advertising, Amazon is emerging as a leader in all areas of tech. With its vast resources and massive customer base, Amazon is well-positioned to remain one of the top players for years to come.
Google (Alphabet)
Google has been at the top of the tech world for years now with its search engine, Android operating system, YouTube video platform and more. Even though it faces stiff competition from companies like Microsoft and Apple, Google still holds a significant lead over them when it comes to total revenue and market share. As long as Google keeps innovating and expanding into new industries such as virtual reality and autonomous driving vehicles, it should remain at number one well into 2024.
Facebook (Meta)
Facebook is an American online social media and social networking service company based in Menlo Park, California. It was founded by Mark Zuckerberg in 2004 with his Harvard College roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The company’s mission is to give people the power to share and make the world more open and connected.
Microsoft
Microsoft Corporation is an American multinational technology company with headquarters in Redmond ,Washington. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers and related services.
Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite of productivity software, Xbox gaming consoles, and the Microsoft Edge web browser. Its flagship hardware products are the Xbox game consoles and the Microsoft Surface tablet lineup. Microsoft ranked No. 21 in the 2018 Fortune 500 rankings of the largest United States corporations by total revenue.
IBM
IBM Corporation is an American multinational information technology company headquartered in Armonk ,New York ,United States with operations in over 170 countries . The company began as a manufacturer of punch card tabulating equipment and evolved into one of the largest computer companies in the world making mainframe computers .
IBM produced some of the world’s first commercially available general purpose electronic digital computers. From 1960 to 2000 IBM manufactured over 700 different models of mainframes from small desktop units to multi-million dollar enterprise systems.
They provide servers capable of processing billions of transactions per day providing a critical backbone for banking worldwide including ATM networks, credit card authorization, global money transfers, stock trading settlement, insurance claims, processing payroll, tax filing and many more.
Other Large Tech Companies to Watch Out For
Apart from the Big Six, there is a number of other technology companies that offer opportunity for you in 2024. With tech stocks still valued lower than previously, the potential for uptake is higher than previously.
- Samsung
- Tencent
- Cisco Systems
- Oracle
- Salesforce
- Broadcom
- SAP
- Accenture
- Adobe
- Intuit
- VMware
- Uber
- Shopify
- Zoom
- Synopsys
Emerging Tech Companies
Apart from the now established technology players there is a number of tech companies disrupting the industry and growing fast. A lot of the focus is on automation, artificial intelligence, collaborative working and health hacks. Here is small list of notable emerging companies in tech:
- Rytr
- Lake Parime
- VineHealth
- Holo-Light
- Dataships
- Alaiko
- Nuanced Health
- Flowy
- Inclusive Energy
- Koniku
What the Future Holds
The future of technology is always uncertain; however, there are some safe bets when it comes to which companies will lead the way in 2023. Apple will remain a dominant force thanks to its suite of mobile devices; Amazon will be right behind with its diverse array of products; while Google looks set to retain its position on top of search engine market share for years to come.
No matter what happens between now and then, these three companies are sure bets for success in 2024, and beyond. Always do your own research before investing.
Author Profile
- Lucy Walker covers finance, health and beauty since 2014. She has been writing for various online publications.
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