Leading USA Electronic Companies to Watch in 2023

The tech world is always buzzing with new advancements and innovations. In 2023, several American electronic companies are leading the charge. These companies are not only shaping the future of technology but also setting trends that others will follow. Let’s take a closer look at the top 10 electronic companies in the USA to watch this year.

Key Takeaways

• Apple continues to innovate with new products and services.
• Microsoft remains a leader in software and cloud computing.
• Intel is making significant strides in semiconductor technology.
• IBM is focusing on artificial intelligence and quantum computing.
• Cisco is leading in networking and cybersecurity solutions.

1. Apple

Apple is a giant in the electronics industry, known for its innovative products and strong brand loyalty. Apple is one of the most popular brands globally, ranking number one among other consumer electronics companies on the Forbes list with sales of $381.62 billion in 2024.

Apple’s product lineup includes:

• iPhone
• iPad
• Mac
• Apple Watch
• Apple TV
• AirPods

These products have set benchmarks in their respective categories, making Apple a trendsetter in technology. The company’s focus on user experience and seamless integration across devices has earned it a dedicated customer base.

Apple continues to push the boundaries of technology with advancements in areas like augmented reality (AR) and artificial intelligence (AI). The company’s commitment to sustainability and reducing its carbon footprint also sets it apart from many competitors.

2. Microsoft

Microsoft continues to be a powerhouse in the tech industry, making significant strides in various sectors. One of the most notable areas is their investment in cloud computing and artificial intelligence (AI). In 2023, Microsoft invested $1.7 billion in Indonesia to boost its cloud and AI capabilities, showcasing its commitment to global expansion and innovation.

Microsoft’s key areas of focus include:

• Cloud Computing
• Artificial Intelligence
• Cybersecurity
• Software Development

The company’s dedication to these areas ensures it remains at the forefront of technological advancements. With a strong emphasis on AI, Microsoft aims to transform industries and improve business operations worldwide.

3. Intel

Intel, once the biggest and most valuable U.S. chip company, has been a key player in the tech industry for decades. The company should be able to continue growth in conjunction with the overall microchip manufacturing industry and increasing demand for network-connected industrial equipment, electric vehicles, and artificial intelligence (AI) technologies. A push is also being made around the globe to diversify and localize the semiconductor supply chain. Governments are allocating billions of dollars to promote new manufacturing capabilities at home. This bodes well for Intel.

Intel last month reported a $7 billion operating loss in its foundry in 2023. Despite this setback, the company is focusing on several key areas to drive future growth:

• 5G & RF
• Radar, LiDAR, ADAS
• Audio, visual processing
• General-purpose processors, MCUs, networking, FPGAs
• Photonic acceleration, computation
• GPU-to-data-center AI
• Edge AI
• Quantum computing
• Security

4. IBM

IBM, a longtime tech giant, has been undergoing significant changes in recent years. The company is now focusing on cloud and hybrid-cloud computing. In late 2021, IBM spun off a large part of its older operations through Kyndryl Holdings. The new IBM has returned to growth mode, reporting a mid-single-digit sales increase at the start of 2023. The company expects to maintain this growth rate over the next few years.

IBM also offers a lucrative dividend, which it plans to sustain as it shifts to higher-profit cloud services. With a low P/E ratio and opportunities for steady growth in new computing services, IBM is an attractive option for value-seeking tech investors.

In 2023, IBM released its impact report, summarizing the company’s environmental, social, and governance (ESG) initiatives, partnerships, and investments. These efforts highlight IBM’s commitment to making a positive impact while continuing to innovate in the tech industry.

5. Cisco

Cisco is a global leader in networking and cybersecurity solutions. They have been at the forefront of technological innovation for decades. Cisco’s products and services are essential for businesses of all sizes, providing reliable and secure network infrastructure.

Cisco has received numerous awards for its workplace culture and innovation. For instance, they are excited to rank in the top three best workplaces in the United States since 2021. Their commitment to employee satisfaction and cutting-edge technology makes them a company to watch in 2023.

Cisco’s offerings include:

• Networking (SDN)
• Security
• Software Testing
• Storage
• Virtual Data Room
• Web Development
• Wireless

Their focus on these areas ensures they remain a key player in the tech industry.

6. HP

HP Inc. is a major player in the tech world, known for its computers and printers. In the 2023 Fortune 500 list, HP is ranked 63rd-largest United States corporation by total revenue. This shows how important HP is in the market.

HP is always working on new things to stay ahead. They focus on making their products better and finding new ways to use technology. This helps them stay strong in a fast-changing world.

HP also cares about the environment. They try to make their products in ways that are good for the planet. This is important because more people want to buy from companies that care about the Earth.

7. Oracle

Oracle is a major player in the tech industry, especially known for its database technologies. The company has made significant strides in cloud computing, with its Oracle Cloud Infrastructure being recognized as a leader in the 2023 Gartner® Magic Quadrant™ for strategic cloud platform services. This recognition highlights Oracle’s commitment to innovation and excellence in providing cloud solutions.

Oracle’s offerings are not limited to cloud services. They also provide a wide range of software and hardware products that cater to various business needs. From enterprise software to database management systems, Oracle continues to be a trusted name in the industry.

In addition to its technological advancements, Oracle places a strong emphasis on customer satisfaction and support. The company offers comprehensive training and certification programs to help businesses and IT professionals get the most out of their Oracle products.

Overall, Oracle remains a company to watch in 2023, as it continues to push the boundaries of technology and deliver high-quality solutions to its customers.

8. Red Hat

Red Hat is a major player in the tech world, known for its enterprise open source solutions. We’re the world’s leading provider of enterprise open source solutions—including Linux, cloud, container, and Kubernetes. They offer hardened solutions that ensure performance and scale engineering. Red Hat’s products are trusted by many big companies to run their critical systems.

Red Hat’s key offerings include:

• Linux
• Cloud
• Container
• Kubernetes

These solutions help businesses to innovate and stay ahead in the competitive market. Red Hat continues to be a company to watch in 2023 due to its strong commitment to open source and its ability to deliver reliable and scalable solutions.

9. SAP

SAP is a major player in the tech world, known for its enterprise software solutions. SAP Commerce Cloud has been recognized in IDC’s B2C and B2B digital commerce reports. This shows SAP’s strength in digital commerce.

SAP offers a wide range of solutions, including:

• Aviation & Aerospace
• Case Management
• Clean Technology
• Clinical Data Management
• Cloud Cost Management
• Contact Center
• CRM
• CTMS
• Cyber Security
• Data Security
• Digital Asset Management
• Digital Payment & Card
• Document Management
• Enterprise Resource Planning
• Enterprise Risk Management
• Food Packaging
• Food Service
• Food Tech

SAP’s diverse offerings make it a company to watch in 2023.

10. VMWare

In November 2023, the technology landscape witnessed a monumental shift when Broadcom acquired VMWare for a staggering $69 billion. This acquisition marks a significant change in the industry, positioning VMWare as a key player to watch.

VMWare continues to innovate in several areas:

• Cloud Computing: Offering robust solutions for businesses to manage their cloud infrastructure.
• Virtualization: Leading the market with advanced virtualization technologies.
• Networking: Providing cutting-edge software-defined networking (SDN) solutions.
• Security: Ensuring data protection with top-notch security features.

With these advancements, VMWare is set to make a substantial impact in 2023 and beyond.

Conclusion

In 2023, the landscape of electronic companies in the USA is more dynamic than ever. From startups making waves in artificial intelligence to established giants pushing the boundaries of technology, there’s a lot to watch. These companies are not just shaping the future of electronics but also impacting various industries and our daily lives. As we move forward, keeping an eye on these innovators will be crucial for anyone interested in the tech world. Stay tuned, because the best is yet to come.

Frequently Asked Questions

What makes Apple a leading electronic company?

Apple is known for its innovative products like the iPhone, iPad, and Mac computers. They focus on design, user experience, and high-quality hardware and software integration.

Why is Microsoft important in the tech industry?

Microsoft is a major player because of its popular software products like Windows and Office. They also have a strong presence in cloud computing with Azure.

What does Intel specialize in?

Intel is famous for making computer processors. Their chips are used in many PCs and servers around the world, making them a key player in the tech industry.

How has IBM stayed relevant over the years?

IBM has stayed relevant by focusing on innovation. They have shifted from hardware to services and software, including AI and cloud computing.

What is Cisco known for?

Cisco is best known for its networking hardware. They provide the backbone for many internet services and are leaders in cybersecurity and IT infrastructure.

Why should we watch Oracle in 2023?

Oracle is a leader in database software and cloud solutions. They are constantly innovating and expanding their services, making them a company to watch.