- Nvidia is the fastest growing brand worldwide in 2024, with a 178% increase in value (2024 vs 2023).
- Instagram is the second fastest growing brand, with a 93% increase in value, and Facebook ranks third, with a 79% rise in value.
- Other brands in the top ten include Uber, Oracle and Adobe.
New data reveals that Nvidia, a global leader in artificial intelligence and GPU technology, has experienced a staggering 178% growth in brand value in 2024– the highest percentage increase among major brands.
Research conducted by QR Code Generator gathered data on the top ten brands worldwide whose value has grown the most in 2024.
Nvidia, a global leader in AI and graphics processing technology, has seen a huge 178% increase in its brand value from 2023 to 2024, making it the fastest-growing brand among major global players. The tech giant’s value has gone from $72.6 million in 2023 to $201.8 million in 2024. This impressive growth is largely driven by Nvidia’s dominance in artificial intelligence, gaming, and data center innovations, which have positioned the company as a critical force in the tech industry.
With a 93% surge in brand value, Instagram’s strong engagement strategies and innovative features keep it a key player in the social media landscape. Instagram’s value increased from $59 million to $113.9 million.
Facebook’s 79% brand value growth reaffirms its pivotal role in digital communication and social networking, even amidst rising competition. In 2023, Facebook’s brand value was $93.2 million which has risen to $166.8 million in 2024.
Rank | Brand | Percentage change in brand value (2024 vs 2023) | 2023 value in millions USD $ | 2024 value in millions USD $ |
1 | Nvidia | 178% | 72.6 | 201.8 |
2 | 93% | 59 | 113.9 | |
3 | 79% | 93.2 | 166.8 | |
4 | Google Cloud | 74% | 40.5 | 70.4 |
5 | Uber | 71% | 18.3 | 31.4 |
6 | Adobe | 66% | 51 | 84.8 |
7 | Pinduoduo | 61% | 12.6 | 20.4 |
8 | SAP | 60% | 34.8 | 55.7 |
9 | Oracle | 58% | 92.1 | 145.5 |
10 | AMD | 53% | 33.9 | 51.9 |
The fourth fastest growing brand is Google Cloud, whose 74% increase reflects its expanding influence in the cloud computing sector, particularly in enterprise solutions. Google Cloud’s value has rocketed from $40.5 million in 2023 to $70.4 million this year.
In fifth is Uber whose brand value has risen by 71%. Uber’s brand continues to thrive, thanks to its diversified services across mobility and delivery. The brand’s value has grown from $18.3 million to $31.4 million in 2024.
Other brands that have posted significant increases include Adobe (66%), Pinduoduo (61%), SAP (60%), Oracle (58%), and AMD (53%).
Marc Porcar, CEO of QR Code Generator, commented on the findings:
“It is clear from this ranking that brand value growth in 2024 is being heavily influenced by advancements in technology, digital transformation, and a brand’s ability to rapidly innovate. Companies like Nvidia, Instagram, and Google Cloud are thriving because they’re leading in areas that are crucial to today’s business landscape—AI, cloud computing, and digital engagement.
“The brands that continue to prioritize innovation, customer experience, and adaptability are the ones seeing the biggest gains. This year, it’s clear that tech-forward brands with a strong emphasis on scalability and user-centric solutions are reaping significant rewards.”