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There are some countries that technology companies love due to their excellent infrastructure, pool of experts and strong government backing.
Let's take a look at some nations that are favourite of high-tech firms.
Source: Bloomberg Visual Data
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The United States
Percentage of publicly listed companies in high-tech industries: 23 per cent
Overall rank: 1
The United States is the favourite of high-tech firms as it's the birth place of most major companies.
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The Netherlands
Percentage of publicly listed companies in high-tech industries: 19 per cent
Overall rank: 2
The Netherlands is famous for its open culture, world-class education system and high standard of living.
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Sweden
Percentage of publicly listed companies in high-tech industries: 18 per cent
Overall rank: 3
Sweden has one of the highest per capita incomes and is one of the least unequal societies in the globe.
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Germany
Percentage of publicly listed companies in high-tech industries: 17 per cent
Overall rank: 4
Germany attracts many companies as it's the biggest economic powerhouse in Europe.
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South Korea
Percentage of publicly listed companies in high-tech industries: 16 per cent
Overall rank: 5
South Korea is one of the biggest exporters of electronics in the world.
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Israel
Percentage of publicly listed companies in high-tech industries: 15 per cent
Overall rank: 6
Israel attracts many high-tech companies due to strong government support.
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France
Percentage of publicly listed companies in high-tech industries: 11 per cent
Overall rank: 7
France, which is one of the biggest economies in the world, is a magnet for high-tech companies primarily due to its central location.
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Denmark
Percentage of publicly listed companies in high-tech industries: 11 per cent
Overall rank: 8
Denmark attracts many high-tech companies as it's one of the richest countries in the wealth.
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Finland
Percentage of publicly listed companies in high-tech industries: 10 per cent
Overall rank: 9
Finland is a magnet for high-tech companies due to its excellent infrastructure and strong government support.
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Switzerland
Percentage of publicly listed companies in high-tech industries: 9 per cent
Overall rank: 10
Switzerland has many high-tech companies as it's one of the wealthiest nations in the world.