Big Tech

Big Tech, also known as the Tech Giants, are the largest information technology companies. The term most often refers to the Big Five tech companies in the United States: Alphabet (Google), Amazon, Apple, Meta, and Microsoft. In China, Baidu, Alibaba, Tencent, and Xiaomi (BATX) are the equivalent of the Big Five. Big Tech can also include smaller tech companies with high valuations, such as Netflix, or non-tech companies with high-tech practices, such as the automaker Tesla.

The concept of Big Tech is analogous to the consolidation of market dominance by a few companies in other market sectors, such as Goldman Sachs, Morgan Stanley, and J.P. Morgan in investment banking, the Big Three consulting firms, Big Oil, and Big Media.