- Report of Top 100 Most Valuable Brands
- A wealth of the top 100 brands grew by 4.5 percent in one year: Amazon topped the list with a growth of 5 percent, to ૪ 215 billion.
The ‘Brands Top 100 Most Valuable Brands’ report on the world’s 100 most valuable brands was released recently. Accordingly, the total value of the world’s top 100 most valuable brands is ૫ 3 trillion, equivalent to (and double) the economy of Japan.
In one year, the value of these 100 brands had increased by 7.5 percent. Since 2006, the value of the top 100 brands has increased by 3%.
This report takes into account the financial situation up to April 2020. According to the report, the value of some companies has not changed much from Corona. First on the list is Amazon. It has a brand value of 313.5 billion with an annual growth of 3%. In just one year, Amazon’s wealth has increased by about 100 billion.
In last year’s list, Amazon was first and Apple was second. That position is being maintained this time. LIC is ranked 7th in the list as the only brand in India. LIC’s brand value is valued at 12.5 billion.
Technology companies have maintained their dominance in the top 100 brands with 3% brands. The average growth has been 4.5 percent, but the brand value of technology companies has increased by an average of 10 percent.
20 out of 100 brands are involved in media and entertainment. That’s why brands like Netflix and Insta have found a place on the list. For the first time, MasterCard has been ranked in the top 10 due to the increase in online transactions.
By region, more than half of the 100 brands are American. Two countries from Asia, China, and Japan have a significant presence in the top 100 brands. There are 12 brands from China and 4 from Japan.
Tiktok entered the rankings for the first time this year and became the No. 8 brand. It is possible that it will be removed from the list next year.