It found commerce & shopping has the 5th most Unicorn companies, accounting for 18.59% of the total number of Unicorns.
Rank | Industry | No. of Unicorns | No. of Unicorns (%) |
1 | Software | 771 | 53.88% |
2 | Financial Services | 340 | 23.76% |
3 | Information Technology | 309 | 21.59% |
4 | Internet Services | 271 | 18.94% |
5 | Commerce & Shopping | 266 | 18.59% |
6 | Science & Engineering | 264 | 18.45% |
7 | Data & Analytics | 261 | 18.24% |
8 | Other | 216 | 15.09% |
9 | Transportation | 211 | 14.74% |
10 | Hardware | 188 | 13.14% |
Unicorn companies come from a huge variation of industries, with the majority being in the software sector. There are 771 unicorn companies that fall into the software category, which accounts for almost 54% of the total.
Financial services is the second biggest industry in the world of unicorn companies, accounting for 23.76% of the list, with 340 companies falling into this category.
The IT industry follows closely behind, with 309 companies, which accounts for 21.59% of the total.
14 of the top 30 most valuable unicorns are from the US, including the likes of SpaceX, Stripe, and Instacart.
308 companies joined the unicorn list last year, meaning that new entries account for 21.52% of all unicorn companies.
ByteDance, the Chinese tech company responsible for the creation of popular social media app TikTok, is the most valuable Unicorn company with a value of $180 billion.
