Top 10 Cloud Companies in the World by Market Capitalization
Microsoft Corp, Alphabet Inc, Amazon.com Inc, Tencent Holdings Ltd, and Alibaba Group Holding Ltd are the top 5 Global Cloud companies by Market Capitalization (as of Mar 31, 2023). Collectively, the top 10 Global Cloud Companies in the world had a total market cap of $6,213,579 million (as of Mar 31, 2023), with Microsoft Corp having the highest ($2,146,049 million), followed by Alphabet Inc ($1,330,082 million), and Amazon.com Inc ($1,058,440 million), while International Business Machines Corp is the lowest ($118,913 million). The United States-based Microsoft Corp is the world’s leading Cloud company by market cap (as of Mar 31, 2023). The company reported revenues of $198,270 million for the fiscal year ended June 2022 (FY2022), an increase of 18% over FY2021. The company offers a comprehensive range of operating systems, cross-device productivity applications, server applications, software development tools, business solution applications, desktop and server management tools, video games, and training and certification services. It employs 2,21,000 people. The United States-based Alphabet Inc is another leading Cloud company in the world by market cap (as of Mar 31, 2023). The company reported revenues of $282,836 million for the fiscal year ended December 2022 (FY2022), an increase of 9.8% over FY2021. The company offers online advertising services through its AdSense, internet, TV services, licensing, and research and development services. It employs 1,90,234 people.