The Domination of American Companies in Various Industries
It is said that the 16th, 17th, and 18th century belonged to European countries specially U.K. As European countries dominated the many countries and established colonies, their companies and industries flourished. But post world war, the dynamics changed. As more and more countries gained freedom from European countries, the power and dominance fall. This power was shifted toward the western part of the world. USA became the global superpower in 20th century and is still dominating the 21st century. Though since past couple of decades American companies are getting tough competition from Asian companies. Still, in majority of the industries, American companies are still dominating the market.
There are many such industries in which american companies
have established their dominance. Whether it is E-Commerce companies, Tech
companies, Electronic Goods companies, or Semiconductor companies in USA,
they are dominating their respective industries.
Here we will discuss about few such companies which are
dominating their respective industries:
FACEBOOK: Facebook as a social media company has dominated the social
media industry since its establishment. With over a billion users, Facebook has
truly mad this world look small. After the acquisition of WhatsApp and
Instagram, the Mark Zuckerberg owned company has placed itself as the
undisputed leader in the social media industry.
NETFLIX: Not only Netflix has changed the dynamics of entertainment and media
industry but also has introduced a whole new industry to the world, i.e., OTT
Industry. With over 180 Million users around the world Netflix has put itself
at the top of the OTT industry. It is facing tough competition from other
american OTT platforms such as Prime Video, Disney+ and others. Everyday around
a billion minutes of content is streamed on Netflix globally.
INTEL: Intel is one of the biggest manufacturers of chips, microprocessors. It
is a semiconductor manufacturing company. Since it’s establishment it
has dominated the semiconductor industry by dominating about 2/3rd
market of computer chip market. Other semiconductor companies in USA
such as applied materials, Motorola, AMD, Nvidia is also some of the leading
companies in the semiconductor industry.
Bottomline:
Apart from all of these industries, American Companies are
dominating in the E-Commerce Industry (Amazon), Computer Industry (HP and
Dell), Retail Industry (Walmart), Fast Food Industry (McDonalds, Burger King),
and others. Thus, with all of this said it is quite clear that for other
companies of different countries would have to grow exponentially to overtake
the growth of their American Counterparts.
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