Top 20 industries in the world in 2024

3. Software – Infrastructure  

Market Cap: $4950. 09 billion 

Software – Infrastructure stands third among the top 20 industries in the world in 2024. One of the most prominent players in this space is Microsoft, particularly with its Azure cloud platform and enterprise software solutions.  Azure provides scalable computing resources to businesses worldwide, enabling them to reduce IT costs and accelerate innovation. In 2023, Azure’s revenue grew by 27%, contributing significantly to Microsoft’s $211.9 billion in total revenue Microsoft directly employed approximately 221,000 people as of 2023, with many more jobs supported indirectly through its ecosystem.