The technology sector continues to lead the Best Global Brand rankings in 2019. Tech companies account for half of the top 10 brands — Apple (#1, USD $234.24B), Google (#2, USD $167.71B), Amazon (USD $125.26B), Microsoft (#4, $108.85B) and Samsung (#6, USD $61.1B) — and show an average growth in brand value of nine percent, tied for second behind only the luxury and retail sector. Dell (#63, USD $9.09B) returns to the rankings after a six-year absence, Uber (#87, USD $5.71B) and LinkedIn (#98, USD $4.84B) are all new entrants in this year’s list.
Facebook first entered the Best Global Brands report in 2012 at #69, seeing a steady stream of growth in the following five years. At its peak in 2017, Facebook was ranked at #8 with a Brand Value of USD $48.19m. 2018 saw the brand’s place slip to #9, and after falling an additional 11.8 percent in 2019, now sits at #14 with a Brand Value of USD $39.86B.
Rounding out the top 10 brands in this year’s report are: Coca-Cola #5 (USD $63,365m), Toyota #7 (USD $56,246m), Mercedes-Benz #8 (USD $50,832m), and McDonald’s #9 (USD $45,362m), with Disney #10 (USD $44,352m) returning to the top 10.
The top growing sector for 2019 was luxury with 9 luxury brands making the top 100; this sector sees the highest average brand value growth rate year-over-year at 11%. Gucci (#33, USD $15.95m) was emblematic of the luxury sector’s success, showing a 23 percent increase in brand value. Venerable brands Louis Vuitton (#17, USD $32.22m) and Chanel (#22, USD $22.13m) saw a 14% and an 11% increase, respectively, since last year’s report.
The top three fastest growing brands included Mastercard (25% increase), Salesforce (24%), and Amazon (24%). Mastercard (#62, USD $9.4B) demonstrated the fastest growth of any brand this year, showing a 25% increase in brand value, jumping eight places in the rankings.
For the complete Top 100 ranking and the report with comprehensive analysis of growth, sector, and industry trends, click here.