🍪 Cookies

We use cookies to store, access and process personal data to give you the best online experience. By clicking Accept Cookies you consent to storing all cookies and ensure best website performance. You can modify cookie preferences or withdraw consent by clicking Cookie Settings. To find out more about cookies and purposes, read our Cookie Policy and Privacy Notice.

Cookies settings

Cookie Control

What are cookies?

Cookies are small text files that enable us, and our service provides to uniquely identify your browser or device. Cookies normally work by assigning a unique number to your device and are stored on your browser by the websites that you visit as well as third-party service providers for those website. By the term cookies other technologies as SDKs, pixels and local storage are to be considered.

If Enabled

We may recognize you as a customer which enables customized services, content and advertising, services effectiveness and device recognition for enhanced security
We may improve your experience based on your previous session
We can keep track of your preferences and personalize services
We can improve the performance of Website.

If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies

Strictly necessary means that essential functions of the Website can not be provided without using them. Because these cookies are essential for the properly working and secure of Website features and services, you cannot opt-out of using these technologies. You can still block them within your browser, but it might cause the disfunction of basic website features.

  • Setting privacy preferences
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Analytics and performance tracking technologies to analyze how you use the Website.

  • Most viewed pages
  • Interaction with content
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Promote our services on other platforms and websites
  • Measure the effectiveness of our campaigns

The technology sector is going through one of the worst first halves in post-war history on the stock market, also Europe endures a major impact by the war in Ukraine.

The chart comprises 2021 data introduced firstly with a few changes. Previous leader the German software giant SAP has been skipped by a technological company focusing on healthcare Medtronic. Correspondingly, the Swiss-Swedish ABB improved its position to become the 4th avoiding deep market capitalization decline.

“Comparing the chart differences for the first half of the year, it seems that typical software or online platforms providers were hit harder by the market decline than technological companies related to ‘material’ industries like to healthcare or machinery,” commented Tomas Kolomaznik, the head analyst of BCM Begin Capital Markets, the company that introduced this chart firstly in January and presented its study on the European technology leaders.

Snímek obrazovky 2022-07-27 v 15.40.16

“While the years 2020 and 2021 have been favourable to the technology sector, the development since the beginning of this year has gone in the opposite direction. To a certain extent, the gradual fading of the coronavirus pandemic, but also the imminent onset of a global economic recession due to record inflation, and last but not least the ongoing war in Ukraine are to blame,” added Tomas Kolomaznik.

The ranking of the top ten technology players in Europe is based on market capitalization but there are other factors to be listed on the chart like company's position in its market segment and the development of quarterly financials.


Go back

The content of this material constitutes marketing communication and should not be considered as any type of investment advice and/or investment research and/or a solicitation for any transactions. This material was prepared for informational/educational purposes only and does not imply an obligation to perform investment transactions nor does it guarantee or predict future performance. BCM Begin Capital Markets Cy Ltd and its relevant persons including affiliates, agents, directors, or employees do not guarantee the accuracy, validity, timeliness, or completeness of any information/data provided by third parties and assume no liability for any loss arising from any investment made based on the said information/data. Past performance is no guarantee of future results.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 91.84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the Risk Disclosure.

BCM Begin Capital Markets Cy Ltd. currently does not accept registrations from Slovenian nationals or residents.