Understanding NAICS Codes
Learn everything about the North American Industry Classification System and how it can transform your business intelligence and market analysis.
North American Industry Classification System
The standardized system used by Federal statistical agencies to classify business establishments for statistical purposes
NAICS (pronounced "NAKES") is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. It was developed jointly by the U.S., Canada, and Mexico to provide new comparability in statistics about business activity across North America.
NAICS Code Hierarchy
Understanding the six-level hierarchical structure that organizes industries from broad sectors to specific activities
Who Uses NAICS Codes
From government agencies to private businesses, discover how NAICS codes serve various stakeholders
Government Agencies
Federal agencies use NAICS for economic census, surveys, and regulatory compliance. Essential for policy making and economic analysis.
Market Research
Businesses use NAICS to identify competitors, analyze market trends, and segment industries for targeted marketing strategies.
Procurement
Government contracting relies on NAICS codes to determine small business eligibility and set-aside opportunities.
Regulatory Compliance
Industries must comply with specific regulations based on their NAICS classification for safety, environmental, and labor standards.
Financial Services
Banks and lenders use NAICS codes for credit analysis, risk assessment, and compliance with lending regulations.
Investment Analysis
Investors and analysts use NAICS to benchmark performance, identify investment opportunities, and assess market sectors.
Common NAICS Code Examples
Real-world examples of how different industries are classified within the NAICS system
| NAICS Code | Industry Title | Description | Example Companies |
|---|---|---|---|
| 541511 | Custom Computer Programming Services | Writing, modifying, testing, and supporting software to meet the needs of a particular customer | Software development firms, custom app developers |
| 541512 | Computer Systems Design Services | Planning and designing computer systems that integrate hardware, software, and communication technologies | IT consulting firms, system integrators |
| 722513 | Limited-Service Restaurants | Establishments primarily engaged in providing food services where patrons generally order at a counter | Fast food restaurants, food trucks, cafeterias |
| 441110 | New Car Dealers | Retailing new automobiles and light trucks, such as sport utility vehicles | Automotive dealerships, car showrooms |
| 621111 | Offices of Physicians (except Mental Health) | Establishments of health practitioners having the degree of M.D. or D.O. | Medical clinics, doctor offices |
| 518210 | Data Processing, Hosting & Related Services | Providing infrastructure for hosting or data processing services | Cloud providers, web hosting companies |
Why NAICS Codes Matter
Understanding the strategic advantages of proper NAICS classification for your business
Market Analysis
Identify market size, growth trends, and competitive landscape within specific industry segments for informed business decisions.
Compliance & Certification
Ensure regulatory compliance and qualify for industry-specific certifications, licenses, and business registrations.
Contract Opportunities
Access government contracts and set-aside programs designed for specific industries and business types.
Benchmarking
Compare your business performance against industry standards and identify areas for improvement and growth.
Ready to Find Your NAICS Code?
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