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TEMPO.CO, Jakarta - Amidst the perpetual conflict with Palestine, many parties remain steadfast in the boycott movement against products affiliated with Israel. This initiative aims to halt the flow of funds that support the IDF forces' invasion of the Gaza Strip.
From another perspective, the boycott movement somehow reflects the pervasive influence of Israel in everyday life. The Middle Eastern entity exerts a significant impact across various sectors, including technology and food.
In this article, we’ll discover some of the largest Israeli companies in the year 2024, showcasing impressive market capitalization.
List of the Largest Israeli Companies in 2024
The following list of Israeli finance titans is in accordance with the data from Companies Market Cap. These companies are ranked based on their market cap. To note, the data presented below is accurate as of December 6, 2024.
1. NextVision Stabilized Systems (US$122.68 billion)
NetxVision Stabilized Systems is currently the largest Israeli company in the world, with a jaw-dropping US$122.68 billion worth of market cap. The company specializes in producing stabilized cameras, as well as accessories for commercial, industrial, and security applications.
2. Check Point Software (US$20.92 billion)
As a leader in cybersecurity, Check Point Software is committed to securing the digital world for enterprises and governments around the globe by pioneering stateful firewalls and providing AI-powered, cloud-delivered security solutions.
As of December 2024, the American-Israeli company holds a market cap of nearly US$21 billion.
3. Teva Pharmaceutical Industries (US$20.19 billion)
Teva Pharmaceutical Industries follows right behind Check Point Software in third with a market cap clocking US$20.19 billion. The multinational pharmaceutical company was established in 1901 in Jerusalem, which indicates its existence for about a century.
Teva Pharmaceuticals focuses on producing generic medicines for people across six continents.
4. Bank Leumi (US$18.21 billion)
Founded in 1902, Bank Leumi primarily operates through seven business segments, as reported by Reuters, including households, small businesses, and corporate banking. The current market cap of the financial institution reveals a figure of around US$18.21 billion.
5. Bank Hapoalim (US$15.94 billion)
Bank Hapoalim marks another financial institution to be among the largest Israeli companies. Providing banking and financial services, the Israel-based bank’s market cap currently stands at almost US$16 billion.
6. monday.com (US$14.59 billion)
Headquartered in Tel Aviv, monday.com describes an open platform allowing you to create applications, project management software, or whatever tools you need to get your work done, says Business Insider. It’s among the most valuable companies, revealing a market cap of US$14.59 billion.
7. CyberArk (US$14.27 billion)
Citing Reuters, CyberArk is an Israel-based information security services provider committed to securing the world against cyber threats. Its market cap, as of December 2024, surpasses US$14 billion, making it among the largest Israeli companies.
8. Mobileye (US$13.85 billion)
Mobileye paves the way for the development of self-driving technology. With a market cap of over US$13 billion, the autonomous driving company has remained steadfast in creating a safer driverless future since its foundation in 1999.
9. Wix.com (US$12.57 billion)
If you’re planning to become a web designer, you must have been quite familiar with Wix.com. The latter refers to a website builder that offers you the opportunity to craft your own personalized blog.
The premise is simple, but Wix.com turns out to be one of the largest Israeli companies by market cap. The figure shows an impressive US$12.57 billion in December 2024.
10. NICE (US$11.98 billion)
Last but not least, NICE assists organizations worldwide in delivering an amazing customer experience (CX). The technology company holds a market cap of nearly US$12 billion.
Editor's choice: List of 146 Countries That Recognize the State of Palestine
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