ServiceNow, Inc. vs Synopsys, Inc.: Annual Revenue Growth Compared

A Decade of Growth: ServiceNow, Inc. vs Synopsys, Inc.

In the ever-evolving tech industry, ServiceNow, Inc. and Synopsys, Inc. have demonstrated remarkable revenue growth over the past decade. From 2014 to 2024, ServiceNow's revenue surged by over 1,500%, starting from approximately $683 million to an impressive $10.98 billion. This growth reflects the increasing demand for cloud-based solutions and digital transformation services.

Meanwhile, Synopsys, a leader in electronic design automation, saw its revenue grow by nearly 200% during the same period, from around $2.06 billion to $6.13 billion. This steady increase underscores the critical role of semiconductor design in the tech ecosystem.

Both companies have capitalized on their respective niches, with ServiceNow focusing on enterprise cloud solutions and Synopsys on semiconductor design. As the digital landscape continues to expand, these companies are well-positioned to maintain their growth trajectories.