Strongest global brand performers 2023
Google: a strong and valuable brand
Besides brand strength, brand value is another common metric of a company’s performance. The term, not to be mistaken with brand equity, is used in the marketing industry to describe the value of brands based on the implication that products with a famous brand name can generate more money than those with a less well-known name. In 2023, Google’s brand value amounted to 281.4 billion U.S. dollars, putting the American tech company in the top three most valuable brands globally. Additionally, in 2022, Google was among the fastest growing brands worldwide, with a nearly 80 percent growth rate in its brand value.