• Market Cap (or market capitalization) refers to the worth of a company computed from the total value of all its shares.
• BI gives an overview of the world’s top 10 enterprises in terms of their 2022 market cap.
• Market Cap is an important metric in ascertaining the comparative value of firms with regard to trading opportunities. With its market capitalization of $2.64 trillion, Apple ranks as the largest company in the world in 2022 followed by some most recognizable brands like Saudi Aramco, Microsoft, Alphabet and Amazon.

In ranking the companies, we have used the latest market cap data published by the New York or London Stock Exchange. Though market value is a more comprehensive term determined by several factors connected to a company’s health and performance, often the terms market cap and market value are used interchangeably.

Market cap ranking of a company does not necessarily rank it in terms of its size. For instance, the largest company by market cap is Apple, while in terms of revenue, American multinational retailer Walmart ranks as the largest company in the world.

Here are the world’s top 10 companies by their market cap as of 2nd September 2022.

Apple’s market cap of $2.53 trillion places it on top of the world’s leading enterprises. The US based multinational technology company’s principal offerings include software, consumer electronics and online services. Apple is counted among the Big Five IT companies along with Alphabet, Amazon, Meta and Microsoft. Apple’s 2021 revenue of $365.8 billion makes it the largest technology enterprise in terms of revenue. Steve Jobs, Steve Wozniak an

The Saudi Arabia-based Saudi Aramco is the second largest enterprise in the world in terms of market cap, at $2.17 trillion. Saudi Aramco is also counted among the largest firms in the world in terms of revenue. This firm is also the largest oil producer in the world per day. In 2020, Forbes Global 2000 ranked Saudi Aramco as the 5th largest public enterprise in the world.Saudi Arabian Oil Company (Saudi Aramco) (Saudi Arabia)

The US-based Microsoft’s market cap is estimated at $1.94 trillion, which makes the multinational technology corporation the third largest firm on this list. Microsoft’s best known software offerings are the Windows line of OS, MS Office suite, Edge web browsers and Internet Explorer. The other leading products of Microsoft are consumer electronics, personal computers and other computer software. Founded in 1975 by Bill Gates and Paul Allen, Microsoft is headquartered in Redmond, Washington, United States.

Alphabet Inc, the parent company of Google, is the fourth largest enterprise in the world by market cap, at $1.43 trillion. The American multinational technology conglomerate holding company is headquartered in Mountain View, California. Listed among the world’s most valuable companies, Alphabet is also the third-largest technology company in the world by revenue. Alphabet was created in 2015 and became Google’s parent company, also bringing many of Google’s former subsidiaries under its umbrella.

Amazon’s market cap is at $1.30 trillion, which places it fifth in the list of world’s top enterprises by market cap. The principal offerings of the American multinational technology company are cloud computing, e-commerce, artificial intelligence and digital streaming services. Amazon is also the world’s most valued brand. Amazon started its journey in 1994 in the garage of its founder Jeff Bezos in Washington. In 2021, Amazon was also the world’s largest online retailer.