The 2025 Forbes Global 2000 rankings reveal a significant shift in global corporate power dynamics, with the Asia-Pacific (APAC) region leading in scale and revenue generation.
According to GlobalData, the APAC region boasts 772 companies, contributing 35% of the total aggregate revenue of $53 trillion, which amounts to $18.4 trillion. This positions APAC ahead of North America, which has 681 companies generating $20.8 trillion, and Europe with 420 companies producing $11.7 trillion.
“The financial services sector thrives on digital banking innovations and enhanced consumer access, while the oil and gas industry adapts to rising energy demands by embracing sustainability and renewable sources,” noted Murthy Grandhi, company profiles analyst at GlobalData.
The rankings reflect how sectoral dominance by financial services, technology, and oil and gas is redefining growth trajectories, competitive dynamics, and value creation globally.
In terms of profitability, North American companies dominate the profit pool, accounting for 43.3% of the total $4.9 trillion, followed by APAC at 30.7%. Interestingly, the Middle East and Africa excelled in profit margins, achieving a net profit margin of 20.2%, significantly higher than North America (10.1%) and Europe (8.2%).
The report highlights that the top five sectors—financial services, technology and communications, oil and gas, pharmaceuticals and healthcare, and consumer goods—represent 66.8% of the total revenue pool. Financial services alone generated over $1.8 trillion in profit, with technology and communications closely following with $959.8 billion, and oil and gas at $446.2 billion.
Grandhi added, “As financial services adapt to digital transformation and evolving regulations, they will continue to play a crucial role in capital flow and risk management, albeit with slower growth in traditional areas.”
He anticipates rapid expansion in technology and communications, driven by AI and cloud computing, while the oil and gas sector will face increasing pressures to decarbonise and diversify into renewables.
The rankings also saw notable first-time entries, including Roche Holding and Ingram Micro Holding, indicating a dynamic shift in industry leadership.
“Innovation and adaptability will be essential for long-term success as all three sectors face consolidation and intensifying competition,” Grandhi concludes.
