List of companies by research and development spending
The following list sorts companies with the highest expenditures for research and development (R&D) for different years, mostly taken from the magazine Strategy+Business.
2024 top 20
[edit]The 20 companies with the highest research and development expenses in 2022.[1]
| Rank | Company | Country | Sector | Expenditures on R&D (billions of US$) |
|---|---|---|---|---|
| 1 | Amazon |  United States
|
Software and Internet | 73.21 |
| 2 | Alphabet Inc. | United States
|
Software and Internet | 39.50 |
| 3 | Facebook (Meta) | United States
|
Software and Internet | 35.34 |
| 4 | Apple | United States
|
Computing and Electronics | 27.65 |
| 5 | Microsoft | United States
|
Software and Internet | 26.63 |
| 6 | Huawei |  China
|
Computing and Electronics | 24.00 |
| 7 | Volkswagen Group |  Germany
|
Automotive | 19.88 |
| 8 | Samsung Electronics |  South Korea
|
Computing and Electronics | 19.29 |
| 9 | Intel | United States
|
Computing and Electronics | 17.53 |
| 10 | Roche Holding |  Switzerland
|
Health Care | 14.72 |
| 11 | Johnson & Johnson | United States
|
Health Care | 14.6 |
| 12 | Merck & Co. | United States
|
Health Care | 13.55 |
| 13 | Pfizer | United States
|
Health Care | 11.43 |
| 14 | Novartis | Switzerland
|
Health Care | 10 |
| 15 | General Motors | United States
|
Automotive | 9.8 |
| 16 | AstraZeneca |  United Kingdom/ Sweden
|
Health Care | 9.76 |
| 17 | Bristol Myers Squibb | United States
|
Health Care | 9.51 |
| 18 | Tencent | China
|
Software and Internet | 9.12 |
| 19 | Qualcomm | United States
|
Computing and Electronics | 8.52 |
| 20 | Alibaba Group | China
|
Software and Internet | 7.98 |
2020 top 10
[edit]The 10 companies with the highest research and development expenses in 2020.[2]
| Rank | Company | Country | Sector | Expenditures on R&D (billions of US$) |
|---|---|---|---|---|
| 1 | Amazon | United States
|
Software and Internet | 42.74 |
| 2 | Alphabet Inc. | United States
|
Software and Internet | 27.57 |
| 3 | Huawei | China
|
Computing and Electronics | 22.04 |
| 4 | Microsoft | United States
|
Software and Internet | 19.27 |
| 5 | Apple | United States
|
Computing and Electronics | 18.75 |
| 5 | Samsung Electronics | South Korea
|
Computing and Electronics | 18.75 |
| 6 | United States
|
Software and Internet | 18.45 | |
| 7 | Volkswagen Group | Germany
|
Automotive | |
| 8 | Intel | United States
|
Computing and Electronics | |
| 9 | Roche Holding | Switzerland
|
Health Care | |
| 10 | Johnson & Johnson | United States
|
Health Care |
2018 top 50
[edit]The 50 companies with the highest research and development expenses in 2018.[3]
| Rank | Company | Country | Sector | Expenditures on R&D (billions of US$) |
|---|---|---|---|---|
| 1 | Amazon | United States
|
Software and Internet | 22.62 |
| 2 | Alphabet Inc. | United States
|
Software and Internet | 16.23 |
| 3 | Volkswagen Group | Germany
|
Automotive | 15.77 |
| 4 | Samsung Electronics | South Korea
|
Computing and Electronics | 15.31 |
| 5 | Microsoft | United States
|
Software and Internet | 14.74 |
| 6 | Huawei | China
|
Computing and Electronics | 13.60 |
| 7 | Intel | United States
|
Computing and Electronics | 13.10 |
| 8 | Apple Inc. | United States
|
Computing and Electronics | 11.58 |
| 9 | Roche Holding | Switzerland
|
Health Care | 10.80 |
| 10 | Johnson & Johnson | United States
|
Health Care | 10.55 |
| 11 | Daimler AG | Germany
|
Automotive | 10.40 |
| 12 | Merck & Co. | United States
|
Health Care | 10.21 |
| 13 | Toyota |  Japan
|
Automotive | 10.02 |
| 14 | Novartis | Switzerland
|
Health Care | 8.51 |
| 15 | Ford Motor Company | United States
|
Automotive | 8.00 |
| 16 | Facebook, Inc. | United States
|
Software and Internet | 7.75 |
| 17 | Pfizer | United States
|
Health Care | 7.66 |
| 18 | BMW | Germany
|
Automotive | 7.33 |
| 19 | General Motors | United States
|
Automotive | 7.30 |
| 20 | Robert Bosch GmbH | Germany
|
Industrials | 7.12 |
| 21 | Honda | Japan
|
Automotive | 7.08 |
| 22 | Sanofi |  France
|
Health Care | 6.57 |
| 23 | Bayer | Germany
|
Health Care | 6.19 |
| 24 | Siemens | Germany
|
Industrials | 6.10 |
| 25 | Oracle Corporation | United States
|
Software and Internet | 6.09 |
| 26 | Cisco Systems | United States
|
Computing and Electronics | 6.06 |
| 27 | GlaxoSmithKline | United Kingdom
|
Health Care | 6.05 |
| 28 | Bristol-Myers Squibb | United States
|
Health Care | 5.96 |
| 29 | Celgene | United States
|
Health Care | 5.92 |
| 30 | Nokia |  Finland
|
Computing and Electronics | 5.90 |
| 31 | IBM | United States
|
Computing and Electronics | 5.79 |
| 32 | Qualcomm | United States
|
Computing and Electronics | 5.47 |
| 33 | AstraZeneca | United Kingdom/ Sweden
|
Health Care | 5.41 |
| 34 | Eli Lilly and Company | United States
|
Health Care | 5.28 |
| 35 | Fiat Chrysler Automobiles |  Italy/ United States
|
Automotive | 5.14 |
| 36 | AbbVie Inc. | United States
|
Health Care | 4.98 |
| 37 | General Electric | United States
|
Industrials | 4.80 |
| 38 | Dell | United States
|
Computing and Electronics | 4.76 |
| 39 | Ericsson | Sweden
|
Computing and Electronics | 4.63 |
| 40 | Nissan | Japan
|
Automotive | 4.62 |
| 41 | Sony | Japan
|
Computing and Electronics | 4.32 |
| 42 | Panasonic | Japan
|
Computing and Electronics | 4.23 |
| 43 | Denso | Japan
|
Automotive | 4.21 |
| 44 | SAP SE | Germany
|
Software and Internet | 4.03 |
| 45 | Gilead Sciences | United States
|
Health Care | 3.73 |
| 46 | Continental AG | Germany
|
Automotive | 3.73 |
| 47 | Boehringer Ingelheim | Germany
|
Health Care | 3.69 |
| 48 | Alibaba Group | China
|
Software and Internet | 3.63 |
| 49 | Amgen | United States
|
Health Care | 3.56 |
| 50 | Renault | France
|
Automotive | 3.55 |
2017 top 20
[edit]The 20 companies with the highest research and development expenses in 2017 according to the Global Innovation 1000.[4]
| Rank | Company | Country | Sector | Expenditures on R&D (billions of US$) |
|---|---|---|---|---|
| 1 | Amazon | United States
|
Software and Internet | 16.1 |
| 2 | Alphabet Inc. | United States
|
Software and Internet | 13.9 |
| 3 | Intel | United States
|
Computing and Electronics | 12.7 |
| 4 | Samsung | South Korea
|
Computing and Electronics | 12.7 |
| 5 | Volkswagen Group | Germany
|
Automotive | 12.1 |
| 6 | Microsoft | United States
|
Software and Internet | 12.0 |
| 7 | Roche Holding | Switzerland
|
Health Care | 11.4 |
| 8 | Merck & Co. | United States
|
Health Care | 10.1 |
| 9 | Apple Inc. | United States
|
Computing and Electronics | 10.0 |
| 10 | Novartis | Switzerland
|
Health Care | 9.6 |
| 11 | Toyota | Japan
|
Automotive | 9.3 |
| 12 | Johnson & Johnson | United States
|
Health Care | 9.1 |
| 13 | General Motors | United States
|
Automotive | 8.1 |
| 14 | Pfizer | United States
|
Health Care | 7.9 |
| 15 | Ford Motor Company | United States
|
Automotive | 7.3 |
| 16 | Daimler AG | Germany
|
Automotive | 6.9 |
| 17 | Oracle Corporation | United States
|
Software and Internet | 6.8 |
| 18 | Cisco Systems | United States
|
Computing and Electronics | 6.3 |
| 19 | Honda | Japan
|
Automotive | 6.2 |
| 20 | Facebook, Inc. | United States
|
Software and Internet | 5.9 |
2014 top 20
[edit]The 20 companies with the highest research and development expenses in 2014 according to the Global Innovation 1000.[5]
| Rank | Company | Country | Sector | Expenditures on R&D (billions of US$) |
|---|---|---|---|---|
| 1 | Volkswagen Group | Germany
|
Automotive | 13.5 |
| 2 | Samsung | South Korea
|
Computing and Electronics | 13.4 |
| 3 | Intel | United States
|
Computing and Electronics | 10.6 |
| 4 | Microsoft | United States
|
Software and Internet | 10.4 |
| 5 | Roche Holding | Switzerland
|
Health Care | 10.0 |
| 6 | Novartis | Switzerland
|
Health Care | 9.9 |
| 7 | Toyota | Japan
|
Automotive | 9.1 |
| 8 | Johnson & Johnson | United States
|
Health Care | 8.2 |
| 9 | United States
|
Software and Internet | 8.0 | |
| 10 | Merck & Co. | United States
|
Health Care | 7.5 |
| 11 | General Motors | United States
|
Automotive | 7.2 |
| 12 | Daimler AG | Germany
|
Automotive | 7.0 |
| 13 | Pfizer | United States
|
Health Care | 6.7 |
| 14 | Amazon | United States
|
Software and Internet | 6.4 |
| 15 | Ford Motor Company | United States
|
Automotive | 6.4 |
| 16 | Sanofi Aventis | France
|
Health Care | 6.3 |
| 17 | Honda | Japan
|
Automotive | 6.3 |
| 18 | IBM | United States
|
Computing and Electronics | 6.2 |
| 19 | GlaxoSmithKline | United Kingdom
|
Health Care | 6.1 |
| 20 | Cisco Systems | United States
|
Computing and Electronics | 5.9 |
2011 top 20
[edit]The 20 companies with the highest research and development expenses in 2011 according to the Global Innovation 1000.[6]
| Rank | Company | Country | Sector | Expenditures on R&D (millions of US$) |
|---|---|---|---|---|
| 1 | Roche Holding | Switzerland
|
Health Care | 9,646 |
| 2 | Pfizer | United States
|
Health Care | 9,413 |
| 3 | Novartis | Switzerland
|
Health Care | 9,070 |
| 4 | Microsoft | United States
|
Software and Internet | 8,714 |
| 5 | Merck & Co. | United States
|
Health Care | 8,591 |
| 6 | Toyota | Japan
|
Automotive | 8,546 |
| 7 | Samsung | South Korea
|
Computing and Electronics | 7,873 |
| 8 | Nokia | Finland
|
Computing and Electronics | 7,778 |
| 9 | General Motors | United States
|
Automotive | 6,962 |
| 10 | Johnson & Johnson | United States
|
Health Care | 6,844 |
| 11 | Intel | United States
|
Computing and Electronics | 6,576 |
| 12 | Panasonic | Japan
|
Computing and Electronics | 6,176 |
| 13 | GlaxoSmithKline | United Kingdom
|
Health Care | 6,127 |
| 14 | Volkswagen Group | Germany
|
Automotive | 6,086 |
| 15 | IBM | United States
|
Computing and Electronics | 6,026 |
| 16 | Sanofi Aventis | France
|
Health Care | 5,836 |
| 17 | Honda | Japan
|
Automotive | 5,704 |
| 18 | AstraZeneca | United Kingdom
|
Health Care | 5,318 |
| 19 | Cisco Systems | United States
|
Computing and Electronics | 5,273 |
| 20 | Siemens | Germany
|
Industrials | 5,217 |
2008 top 20
[edit]The 20 companies with the highest research and development expenses in 2008 according to the Global Innovation 1000.[7]
| Rank | Company | Country | Sector | Expenditures on R&D (millions of US$) |
|---|---|---|---|---|
| 1 | Toyota | Japan
|
Automotive | 8,386 |
| 2 | General Motors | United States
|
Automotive | 8,100 |
| 3 | Pfizer | United States
|
Health Care | 8,089 |
| 4 | Nokia | Finland
|
Computing and Electronics | 7,727 |
| 5 | Johnson & Johnson | United States
|
Health Care | 7,680 |
| 6 | Ford Motor Company | United States
|
Automotive | 7,500 |
| 7 | Microsoft | United States
|
Software and Internet | 7,121 |
| 8 | Roche Holding | Switzerland
|
Health Care | 6,985 |
| 9 | Samsung | South Korea
|
Computing and Electronics | 6,536 |
| 10 | GlaxoSmithKline | United Kingdom
|
Health Care | 6,476 |
| 11 | Novartis | Switzerland
|
Health Care | 6,430 |
| 12 | Sanofi Aventis | France
|
Health Care | 6,208 |
| 13 | IBM | United States
|
Computing and Electronics | 6,153 |
| 14 | Intel | United States
|
Computing and Electronics | 5,755 |
| 15 | AstraZeneca | United Kingdom
|
Health Care | 5,162 |
| 16 | Honda | Japan
|
Automotive | 5,142 |
| 17 | Merck & Co. | United States
|
Health Care | 4,883 |
| 18 | Panasonic | Japan
|
Computing and Electronics | 4,850 |
| 19 | Volkswagen Group | Germany
|
Automotive | 4,757 |
| 20 | Sony | Japan
|
Computing and Electronics | 4,553 |
References
[edit]- ^ Intelligence, fDi. "Top 100 global innovation leaders". www.fdiintelligence.com. Retrieved 2024-06-16.
- ^ Bajpai, Prableen. "Which Companies Spend the Most in Research and Development (R&D)?".
- ^ Skillicorn, Nick (2019-08-28). "Top 1000 companies that spend the most on Research & Development (charts and analysis)". Idea to Value. Retrieved 2020-02-07.
- ^ Chwalik, Barry Jaruzelski, Volker Staack, and Robert. "Will Stronger Borders Weaken Innovation?". strategy+business. Retrieved 2020-02-07.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Goehle, Barry Jaruzelski, Volker Staack, and Brad. "The Global Innovation 1000: Proven Paths to Innovation Success". strategy+business. Retrieved 2020-02-07.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Holman, Barry Jaruzelski, John Loehr, and Richard. "The Global Innovation 1000: Why Culture Is Key". strategy+business. Retrieved 2020-02-07.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Dehoff, Barry Jaruzelski and Kevin. "Beyond Borders: The Global Innovation 1000". strategy+business. Retrieved 2020-02-07.