Annual Revenue Comparison: SAP SE vs ON Semiconductor Corporation

A Tale of Two Giants: SAP SE vs. ON Semiconductor Corporation

In the ever-evolving landscape of global technology, SAP SE and ON Semiconductor Corporation stand as titans in their respective domains. From 2014 to 2023, SAP SE consistently outperformed ON Semiconductor in annual revenue, with SAP's revenue peaking at approximately €31 billion in 2023, marking a 77% increase from 2014. Meanwhile, ON Semiconductor saw a robust growth trajectory, with its revenue surging by 161% over the same period, reaching around €8.3 billion in 2022. This remarkable growth underscores the dynamic nature of the semiconductor industry, driven by increasing demand for electronic components. While SAP SE's steady growth reflects its dominance in enterprise software solutions, ON Semiconductor's rapid ascent highlights its strategic positioning in the semiconductor market. As these companies continue to innovate, their financial trajectories offer a fascinating glimpse into the future of technology.