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Many lists exist that provide an overview of largesoftware companies, often called "independent software vendors" ("ISVs"), in the world. The lists differ bymethodology of composition and consequently show substantial differences in both thelisted companies and the ranking of those companies.
TheForbes Global 2000 is an annual ranking of the top 2000public companies in the world byForbes magazine, based on a mix of four metrics:sales,profit,assets, andmarket value. The Forbes list for software companies includes onlypure play (or nearly pure play) software companies and excludes manufacturers, consumer electronics companies, conglomerates,IT consulting firms, and computer services companies even if they have large software divisions.
The top 50 companies in terms of market capitalization in the 2023Forbes list for the "Software & Programming" industry are listed in the following table (ranked by market capitalization):[1]
| Rank | Organization | Revenue (B$) | Year | Market cap (B$) | Headquarters |
|---|---|---|---|---|---|
| 1 | Microsoft | 261.8 | 2025 | 3,790 | Redmond, Washington, US |
| 2 | Alphabet | 359.3 | 2025 | 1,973 | Mountain View, California, US |
| 3 | Oracle | 55.78 | 2025 | 388.36 | Austin, Texas, US |
| 4 | SAP | 37.73 | 2025 | 324.53 | Walldorf, Germany |
| 4 | Palantir Technologies | 2.87 | 2025 | 264.5 | Denver, Colorado, US |
| 6 | Salesforce | 37.9 | 2025 | 257.4 | San Francisco, California, US |
| 7 | IBM | 62.83 | 2025 | 215.15 | Armonk, New York, US |
| 8 | ServiceNow | 11.47 | 2025 | 195.67 | Santa Clara, California, US |
| 9 | Intuit | 17.17 | 2025 | 174.48 | Palo Alto, California, US |
| 10 | Adobe | 22.04 | 2025 | 156.72 | San Jose, California, US |
| 11 | Palo Alto Networks | 8.57 | 2025 | 118.15 | Santa Clara, California, US |
| 12 | ADP | 18.9 | 2024 | 103.28 | Roseland, New Jersey, US |
| 13 | Fiserv | 20.7 | 2025 | 99.16 | Brookfield, Wisconsin, US |
| 14 | Synopsys | 6.14 | 2024 | 86.45 | Mountain View, California, US |
| 15 | Crowdstrike | 3.06 | 2024 | 84.12 | Austin, Texas, US |
| 16 | Cadence Design Systems | 4.64 | 2025 | 79.45 | San Jose, California, US |
| 17 | PayPal | 30.43 | 2024 | 67.45 | San Jose, California US |
| 18 | Workday | 8.42 | 2025 | 63.72 | Pleasanton, California, US |
| 19 | Roper Technologies[2] | 7.04 | 2025 | 59.9 | Sarasota,Florida, US |
| 20 | Atlassian[3] | 4.79 | 2025 | 59.9 | Sydney, Australia |
| 21 | Snowflake Inc. | 3.63 | 2025 | 52.92 | Bozeman, Montana, US |
| 22 | Dassault Systèmes | 6.75 | 2025 | 48.61 | Vélizy-Villacoublay, France |
| 23 | Autodesk | 5.45 | 2024 | 47.66 | San Rafael, California, US |
| 24 | Paychex | 5.2 | 2024 | 45.23 | Rochester, New York, US |
| 25 | Block, Inc. | 22.88 | 2024 | 44.6 | San Francisco, California, US |
| 26 | Fortinet | 2.6 | 2023 | 45.6 | Santa Clara, California, US |
| 27 | CoStar Group | 2.46 | 2023 | 31.1 | Washington D.C., US |
| 28 | Hubspot | 2.17 | 2023 | 30.4 | Cambridge, Massachusetts, US |
| 29 | Veeva Systems | 2.4 | 2023 | 29.7 | Pleasanton, California, US |
| 30 | Global Payments | 10.11 | 2025 | 17.19 | Atlanta, Georgia, US |
| 31 | Corpay | 3.98 | 2025 | 22.62 | Atlanta, Georgia, US |
| 32 | Ansys | 2.54 | 2025 | 28.11 | Canonsburg, Pennsylvania, US |
| 33 | Splunk | 2.4 | 2020 | 24.4 | San Francisco, California, US |
| 34 | Zoom | 4.67 | 2025 | 23.21 | San Jose, California, US |
| 35 | Akamai Technologies | 3.2 | 2020 | 17.0 | Boston, Massachusetts, US |
| 36 | Broadridge Financial Solutions | 4.8 | 2020 | 16.96 | New York City, New York, US |
| 37 | Gen Digital | 3.7 | 2023 | 15.5 | Tempe, Arizona, US andPrague, Czech Republic |
| 38 | SS&C Technologies | 5.96 | 2025 | 17.91 | Windsor, Connecticut, US |
| 39 | Citrix Systems | 3.4 | 2023 | 13.2 | Fort Lauderdale, Florida, US |
| 40 | NetApp | 6.51 | 2025 | 18.25 | San Jose, California, US |
| 41 | EPAM Systems | 2.7 | 2023 | 10.3 | Newtown, Bucks County, Pennsylvania, US |
| 42 | DocuSign | 2.5 | 2023 | 10.1 | San Francisco, California, US |
| 43 | Twilio | 4.2 | 2023 | 9.8 | San Francisco, California, US |
| 44 | Amdocs | 4.9 | 2023 | 8.9 | Chesterfield, Missouri, US |
| 45 | Paycom | 1.5 | 2023 | 8.5 | Oklahoma City, Oklahoma, US |
| 46 | Kyndryl | 16.1 | 2023 | 6.0 | New York City, New York, US |
| 47 | RingCentral | 2.2 | 2023 | 3.2 | Belmont, California, US |
| 48 | MongoDB[4] | 1.7 | 2023 | 25.6 | New York City, New York, US |
| 49 | Unity Technologies[5] | 1.2 | 2022 | 35.3 | San Francisco, California, US |
| 50 | Okta[6] | 1.2 | 2022 | 16.3 | San Francisco, California, US |
| 51 | Datadog[7] | 1.7 | 2023 | 25.6 | New York City, New York, US |
| 52 | Tech.us[8] | 2.0 | 2000 | 11.0 | San Jose, California, US |
All values listed in the table are in billion US$.