The top 13 companies combined generated $613 billion in enterprise sales by 2021, which is a 10 percent increase on 2020. Synergy’s data does not include revenue from consumer and device sales. This effectively eliminates Apple, which recently hit $3 trillion in market value. It was the first company to do so. None of the 13 top vendors, except for Microsoft, Salesforce, and Amazon, was able achieve double-digit revenue growth. Despite its high sales, Huawei saw its revenue decline by 9 percent in 2021. Synergy believes there are many opportunities IT vendors can exploit in the next year, particularly in cloud and enterprise software. John Dinsdale (chief analyst at Synergy), stated in a prepared statement that vendors saw double-digit growth across a wide range of enterprise technology markets. “Cloud and software-oriented market were the top performers, driving stellar growth in AWS [Amazon Web Services], Microsoft, and Salesforce.” He warned that vendors who are focused on legacy technologies risk being left behind. Vendors that are primarily focused on legacy technologies or products will continue to struggle to generate exciting levels of growth.
Amazon is the fastest-growing vendor for enterprise IT sales in 2021 According to recent Synergy Research figures, Amazon, the cloud giant, was the fastest-growing vendor in 2021 in terms of sales to enterprises and service providers. Data released in December showed that Amazon was the top performer in 2021, growing sales by 36% year-over-year. With 25 percent year-overyear growth, Salesforce was second, closely followed by Microsoft with 24 percent. Synergy also ranked technology vendors according to total enterprise sales revenue for 2021. Microsoft was the leader in this category with $120 billion in enterprise sales last year. In 2021, it was close to its closest competitors, IBM, and Amazon. They generated approximately $75 billion and $60 billion respectively. Synergy’s research reveals how vendors’ sales and growth are affected by the following areas: cloud infrastructure, collaboration, enterprise and SaaS, datacenter infrastructure, service provider infrastructure, enterprise IT services, and enterprise software. These are the top 13 revenue-generating vendors:
