How big are the ‘Big Techs’?

Looking back at the market cap of some of the largest companies in the World in the past 20 years, one can see how the underlying macroeconomic theme has evolved. This theme is driven by investor sentiment, structural market forces & unforeseen financial events. The data suggests that while some industries have risen to prominence, others have faded in importance. At the same time, there have been some inspiriting individual success stories like Big Tech companies – Apple, Microsoft, Google, Amazon & Facebook. Looking at the top brands in the world, the lion’s share is occupied by the Big techs…...