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Market Cap for U.S. Companies Outpaces Other Regions

August 29, 2019

In 2009, U.S. companies made up 45 percent of the Global Top 100 companies, according to PwC and Bloomberg. A decade later, U.S. firms now comprise 63 percent of organizations on the Global Top 100. This advancement is partly due to growth in the United States tech sector. The tech sector has the most representation on the Global Top 100. As a testament to the booming industry, Microsoft topped Apple in terms of market cap for the first time in a decade. Apple was eclipsed by Microsoft for the highest market cap, reaching $905 billion in March 2019, largely fueled by Microsoft’s booming cloud business.

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Market Cap for U.S. Companies Outpaces Other Regions