State of the Market: A Demographic and Vertical Industry Profile, Part Three: US Small Businesses (5 to 99 Employees)

Published by: In-Stat

Published: Jul. 12, 2004 - 53 Pages

Table of Contents

Executive Summary

Methodology

Forecasting Techniques

Definitions

Structured Research Sources

IT Purchasing, 2003

US Census Bureau

US Bureau of Labor Statistics

Bureau of Economic Analysis

Department of Commerce

Occupational Safety & Health Administration

Industry Trends

Small Business Demographics

Number of Firms

Number of Employees

Work Environments

Employment by Primary Location, 2003-2008

Remote and/or Mobile Workers in the US Market

Telecommuters in the US Business Market

Internet-accessing Telecommuters in the US Business Market

Internet-accessing Telecommuters in the Small Business Market

Remote Branch Offices in the US Business Market

Remote Branch Offices in the Small Business Market

Perceptions…

Perceptions of Operating Performance in 2004

Demographics by Vertical Industry

Firms

Employment

Segmentation of Firms by Industry

Segmentation of Employees by Industry

Mining

Definition

Demographics

Industry Trends

Mining in the Small Business Market

Construction

Definition

Demographics

Industry Trends

Construction in the Small Business Market

Manufacturing

Definition

Demographics

Industry Trends

Manufacturing in the Small Business Market

Transportation, Communication, and Utilities

Definition

Demographics

Industry Trends

TCU in the Small Business Market

Wholesale Trade

Definition

Demographics

Industry Trends

Wholesale Trade in the Small Business Market

Retail Trade

Definition

Demographics

Industry Trend

Retail Trade in the Small Business Market

Finance, Insurance, & Real Estate (FIRE)

Definition

Demographics

Industry Trends

FIRE in the Small Business Market

Services

Definition

Demographics

Industry Trends

Services in the Small Business Market

Government

Definition

Demographics

Industry Trends

Government in the Small Business Market

Conclusion

List of Tables

Table 1. Number of Firms – Small Businesses, 2003-2008

Table 2. Number of Employees (EMP) – Small Businesses, 2003-2008

Table 3. Employment (EMP) by Primary Location – Small Businesses, 2003-2008

Table 4. Number of Remote and Mobile Workers – US Business Market, 2003-2008

Table 5. Number of Telecommuters – US Business Market, 2003-2008

Table 6. Number of Internet-accessing Telecommuters – US Business Market, 2003-2008

Table 7. Number of Internet-accessing Telecommuters (IAT) – Small Businesses, 2003-2008

Table 8. Number of Remote Branch Offices – US Business Market, 2003-2008

Table 9. Number of Remote Branch Offices (RBO) – Small Businesses, 2003-2008

Table 10. Number of Firms and Employees by Industry – Small Businesses, 2004

Table 11. Segmentation of Firms by Industry and Size of Business – Small Businesses, 2004

Table 12. Segmentation of Employees by Industry and Size of Business – Small Businesses, 2004

Table 13. Number of Mining Firms and Employees – Small Business, 2004

Table 14. Number of Construction Firms and Employees – Small Business, 2004

Table 15. Number of Construction Firms and Employees by Industry – Small Business, 2004

Table 16. Number of Manufacturing Firms and Employees – Small Business, 2004

Table 17. Number of Manufacturing Firms and Employees by Industry – Small Business, 2004

Table 18. Number of TCU Firms and Employees – Small Business, 2004

Table 19. Number of TCU Firms and Employees by Industry – Small Business, 2004

Table 20. Number of Wholesale Trade Firms and Employees – Small Business, 2004

Table 21. Number of Wholesale Trade Firms and Employees by Industry – Small Business, 2004

Table 22. Number of Retail Trade Firms and Employees – Small Business, 2004

Table 23. Number of Retail Trade Firms and Employees by Industry – Small Business, 2004

Table 24. Number of FIRE Firms and Employees – Small Business, 2004

Table 25. Number of FIRE Firms and Employees by Industry – Small Business, 2004

Table 26. Number of Service Firms and Employees – Small Business, 2004

Table 27. Number of Service Firms and Employees by Industry – Small Business, 2004

Table 28. Number of Government Firms and Employees – Small Business, 2004

Table 29. Number of Government Firms and Employees by Industry – Small Business, 2004

List of Figures

Figure 1. Firms and Employment (In Millions)– Small Businesses, 2003-2008

Figure 2. Employment by Primary Location – Small Businesses, 2004

Figure 3. Perceptions of the US Economy in 2003/Expectations for 2004 – Small Businesses, 2003

Figure 4. Perceptions of Operating/Financial Performance in 2003/Expectations for 2004 – Small Businesses, 2003

Figure 5. Number of Firms (In Thousands): Mining – US Business Market, 2002-2008

Figure 6. Number of Employees (In Thousands): Mining – US Business Market, 2002 – 2008

Figure 7. Number of Firms (In Millions): Construction – US Business Market, 2002-2008

Figure 8. Number of Employees (In Millions): Construction – US Business Market, 2002-2008

Figure 9. Number of Firms (In Thousands): Manufacturing – US Business Market, 2002-2008

Figure 10. Number of Employees (In Millions): Manufacturing – US Business Market, 2002-2008

Figure 11. Number of Firms (in Thousands): TCU – US Business Market, 2002- 2008

Figure 12. Number of Employees (In Millions): Transportation, Communications, and Utilities (TCU) –US Business Market, 2002- 2008

Figure 13. Number of Firms (In Thousands): Wholesale Trade – US Business Market, 2002-2008

Figure 14. Number of Employees (In Millions): Wholesale Trade – US Business Market, 2002-2008

Figure 15. Number of Firms (In Millions): Retail Trade – US Business Market, 2002-2008

Figure 16. Number of Employees (In Millions): Retail Trade – US Business Market, 2002-2008

Figure 17. Number of Firms (In Thousands): FIRE – US Business Market, 2002-2008

Figure 18. Number of Employees (In Millions): FIRE – US Business Market, 2002- 2008

Figure 19. Number of Firms (In Millions): Services – US Business Market, 2002-2008

Figure 20. Number of Employees (In Millions): Services – US Business Market, 2002-2008

Figure 21. Number of Organizations (In Thousands): Government – US Business Market, 2002-2008

Figure 22. Number of Employees (In Millions): Government – US Business Market, 2002-2008

Abstract

This report provides size of business and vertical industry perspectives of market statistics on the number of firms and employees in the small business market. The research also provides data on the primary work environments of employees in this market, including the number of telecommuters, Internet-accessing telecommuters, and remote branch offices. Detailed five-year forecasts are included for all small business demographics, along with a discussion of current market trends.

the economy slowly turns the corner to recovery, demographic and spending growth is clearly accelerating in the small business market. In short, this is a "small business-led" recovery. Because these firms respond to change in the economy more quickly than their larger counterparts, they are multiplying and prospering more quickly in this improving economic environment. More importantly, the outlook for this market is quite positive, with the economy expected to remain strong through 2006, barring any dramatic world events. As the number of firms and employees grows in the small business market, vendors can expect these businesses to increase their IT investments this year and beyond.

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