In today’s rapidly evolving digital landscape, software companies are at the forefront of innovation and technological advancement. The United States, in particular, is home to some of the world’s most influential and valuable software firms, shaping not just the tech industry but also the way we live and work. In this article, we delve into the titans of the tech world, examining the top five software companies in the US based on their market value as of March 2024. From global leaders known for their pervasive operating systems and productivity suites to those revolutionizing the way businesses connect with customers, join us as we explore these powerhouses in detail, offering insights into their operations, contributions, and the secrets behind their monumental success.
1. Microsoft Corporation (MSFT on the NASDAQ)
Value of the Market: $3.12 trillion
At the top of our ranking of the top 25 software businesses in the United States is Microsoft Corporation (NASDAQ:MSFT). This global company specializes in technology and is well-known for its well-known software products, which include the Edge web browser, the Microsoft 365 productivity suite, and the Windows operating system line. As of March 28, 2024, Microsoft Corporation (NASDAQ:MSFT) has a $3.12 trillion market capitalization.
2. Apple Inc. (AAPL:NASDAQ)
Value of the Market: $2.64 trillion
A worldwide technology firm based in the United States, Apple Inc. (NASDAQ:AAPL) comes in second on our list of the largest software companies in the United States. Although its consumer electronics products are its most well-known product, the corporation also develops operating systems, software, and services. The firm has developed a number of operating systems, including iOS, iPadOS, and macOS. It also offers software programs and services, such as iCloud, iTunes, Apple Music, Apple TV+, and Apple Pay. As of March 28, 2024, Apple Inc. (NASDAQ:AAPL) has a market capitalization of $2.64 trillion.
3. Alphabet Inc. (GOOGL:NASDAQ)
Value of the Market: $1.88 trillion
A global holding company for technology, Alphabet Inc. (NASDAQ:GOOG) is ranked in the top 3 of our ranking of the largest software businesses in the United States. It was established in 2015 as a result of a reorganization of Google and serves as the parent business for both the previous Google subsidiaries and the massive search engine and cloud computing corporation. Google Chrome, Google Docs, Google Sheets, Google Pay, Google Meet, and Google AdSense are a few of the company’s most well-known software offerings. As of March 28, 2024, Alphabet Inc. (NASDAQ:GOOG) has a $1.88 trillion market capitalization.
4. ORCL, the Oracle Corporation
Value of the Market: $345.24 billion
Oracle Corporation is a global provider of database management and computer technologies (NASDAQ:ORCL). One of the largest software firms globally, it creates and distributes systems, on-premises apps, and computer software solutions to assist businesses of all sizes in achieving their goals. As of March 28, 2024, Oracle Corporation (NASDAQ:ORCL) has a $345.24 billion market capitalization.
5. CRM Inc., a NYSE company
Value of the Market: $292.14 billion
One of the top 5 software businesses in the US is Salesforce Inc. (NYSE:CRM). Customer relationship management (CRM) software for sales, marketing, e-commerce, and customer support is provided by this cloud-based software provider. As of March 28, 2024, Salesforce Inc. (NYSE:CRM) has a market valuation of $292.14 billion.