Apple is the most valuable brand in the world for the second year in a row, according to Brand Finance

Apple’s brand value increased by 11 percent in one year, to $574.5 billion.

Second place in the ranking was again taken by Microsoft, which increased its value by 35 percent to $461.1 billion. Third place was Google, whose brand value increased by 24 percent to $413 billion. Fourth place was Amazon, with a 15 percent increase to $356.4 billion.

Fifth place was taken by Walmart, whose brand value jumped sharply by 42 percent to $137.2 billion.

The top ten most valuable brands also include Samsung ($110.6 billion), TikTok ($105.8 billion), Facebook ($91.5 billion), Nvidia ($87.9 billion) and China’s State Grid Corporation. ($85.6 billion).

Deutsche Telekom is the most valuable European brand, ranking 11th overall (+16 percent, $85.3 billion).

Instagram is ranked 12th ($79.9 billion). Industrial and Commercial Bank of China (ICBC) and China Construction Bank are ranked 13th and 14th, respectively, with $79.1 billion and $78 billion, respectively. Also from China, Agricultural Bank of China is ranked 16th ($70.2 billion) and Bank of China is ranked 19th ($63.8 billion).