The 15 Largest Software Companies In The World
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The largest software company in the world is Alphabet Inc., with a revenue of $282 billion.
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As of 2023, the global software industry has a market size of $474.61 billion.
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Between 2017-2023, the number of software publishing businesses in the U.S. grew by 9.1% per year.
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The global business software and services market is projected to grow at a CAGR of 11.9% through 2030.
Today’s software companies have the power to transform industries and enhance everyday life. Many of us interact with advanced software solutions daily, often without realizing their impact. Familiar tools like Microsoft Word, Avira, Adobe Photoshop, and Windows Media Player illustrate just how integral software has become to our routines.
In the business world, software applications streamline operations, facilitating tasks such as database management, accounting, billing, and payroll. These technologies are essential across sectors, including healthcare, finance, and communication, driving efficiency and innovation.
Valued at over $474.61 billion, the software industry is on track to reach a staggering market value of $773 billion by 2025. This growth underscores the explosive expansion of software technology in recent years, as it increasingly influences both professional and personal spheres. Below is a list of the largest software companies in the world, ranked by revenue:
Top 15 Largest Software Companies
Let’s delve deeper into these leading software firms. Here’s our updated list of the top 15 largest software companies, based on revenue.
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2023 Annual Revenue: $282 Billion
Alphabet Inc. is the parent company of Google and its various subsidiaries, including Google X, Google Ventures, and Calico. Its restructuring in 2015 allowed for a more diversified corporate structure, with Google as a wholly-owned subsidiary.
Alphabet is dedicated to fostering innovation through strong leadership and entrepreneurial independence.
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2023 Annual Revenue: $198.27 Billion
Founded by Bill Gates in 1975, Microsoft Corporation continues to lead the development of software systems and applications. Based in Redmond, Washington, Microsoft is a dominant force in the industry.
They design and produce software, sell licenses, and support their products. Most PCs and laptops come pre-installed with Microsoft applications like Windows and Microsoft Office.
With the ongoing shift towards digital work environments, demand for Microsoft Azure and Office 365 continues to grow.
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2023 Annual Revenue: $42.4 Billion
Based in Redwood, California, Oracle is one of the largest providers of database software and a major player in the business applications space.
Oracle’s focus includes integrated software products for data management, software design, and application development.
Additionally, their offerings extend to financial, human resources, and manufacturing software solutions.
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2023 Annual Revenue: $26.49 Billion
Headquartered in San Francisco, California, Salesforce is the leading cloud-based provider of customer relationship management (CRM) software.
Salesforce has been at the forefront of cloud, web, social, IoT, and AI technologies, offering a variety of tools including e-commerce, analytics, and social media solutions.
They host an annual event in San Francisco, showcasing innovations across diverse industries.
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2023 Annual Revenue: $17.61 Billion
Founded in 1982 and based in San Jose, California, Adobe is renowned for its multimedia production software, including Photoshop, Illustrator, and After Effects.
Adobe also provides marketing, advertising, and document management solutions, solidifying its position as a competitive software leader.
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2023 Annual Revenue: $12.72 Billion
Based in Mountainview, California, Intuit ranks as a top software company, specializing in financial reporting and compliance solutions.
Intuit serves individuals, small businesses, and accounting professionals globally, with popular products like QuickBooks and TurboTax.
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2023 Annual Revenue: $7 Billion
ServiceNow provides cloud computing solutions that help businesses automate and manage services across various industries, including finance, healthcare, and IT.
Their core offerings focus on service management, customer support, and security operations, with a global presence through data centers worldwide.
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2023 Annual Revenue: $5.13 Billion
Situated in Pleasanton, California, Workday delivers corporate cloud services encompassing financial management and human resources.
Workday’s analytical applications support businesses, educational institutions, and government agencies in making informed decisions.
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2023 Annual Revenue: $5.28 Billion
Founded in 1986 and based in Windsor, Connecticut, SS&C Technologies specializes in financial software solutions, offering clients financial management and advisory services.
The company operates over 150 offices across 25 countries, providing technology and outsourcing services globally.
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2023 Annual Revenue: $5.08 Billion
Headquartered in Mountain View, California, Synopsys focuses on electronic design automation, silicon design, verification, and software security.
Their technologies contribute to advancements in AI, autonomous vehicles, and smart devices.
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2023 Annual Revenue: $4.386 Billion
Located in San Rafael, California, Autodesk is a leading software design company known for AutoCAD, a premier tool for architects and engineers.
Autodesk’s reach extends across various sectors, offering innovative design solutions globally.
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2023 Annual Revenue: $3.31 Billion
Citrix is a leading software provider that delivers solutions for managing applications across devices and networks.
Their products enable streamlined IT assistance and effective application management.
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Norton LifeLock, Inc.
2023 Annual Revenue: $2.87 Billion
Norton LifeLock is a key player in security software, providing solutions that protect computers and online privacy.
Headquartered in Tempe, Arizona, the company employs nearly 12,000 people.
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2023 Annual Revenue: $1.67 Billion
CDK Global develops integrated IT and digital marketing solutions for the automotive retail industry, facilitating workflow management from marketing to maintenance.
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2023 Annual Revenue: $1.41 Billion
Red Hat is the leading provider of open-source business applications, particularly Linux cloud products, enabling extensive customization and innovation.
Acquired by IBM in 2019 for $34 billion, Red Hat operates globally, leveraging its subscription-based success model.
Software and Technology Industry FAQ
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How many jobs are available in technology?
There are at least 3.97 million tech jobs available in the U.S. as of 2023. This number continues to grow, with significant new job additions annually.
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What is the growth rate of the software industry?
The global business software and services market is projected to grow at a CAGR of 11.9% through 2030. The software industry has a current market size of $474.61 billion as of 2023.
Author
Caitlin Mazur is a freelance writer at Zippia. Caitlin is passionate about helping Zippia’s readers land the jobs of their dreams by offering content that discusses job-seeking advice based on experience and extensive research. Caitlin holds a degree in English from Saint Joseph’s University in Philadelphia, PA.
