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State of the Market: A Demographic and Vertical Industry Profile, Part Four: US SOHO Businesses (1 to 4 Employees)

Published by: In-Stat

Published: Jul. 8, 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




SOHO 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 SOHO Business Market

Remote Branch Offices in the US Business Market

Remote Branch Offices in the SOHO 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 SOHO Businesses

Construction

Definition

Demographics

Industry Trends

Construction in SOHO Businesses

Manufacturing

Definition

Demographics

Industry Trends

Manufacturing in SOHO Businesses

Transportation, Communication, and Utilities

Definition

Demographics

Industry Trends

TCU in SOHO Businesses

Wholesale Trade

Definition

Demographics

Industry Trends

Wholesale Trade in SOHO Businesses

Retail Trade

Definition

Demographics

Industry Trend

Retail Trade in SOHO Businesses

Finance, Insurance, & Real Estate (FIRE)

Definition

Demographics

Industry Trends

FIRE in SOHO Businesses

Services

Definition

Demographics

Industry Trends

Services in SOHO Businesses

Government

Definition

Demographics

Industry Trends

Government in SOHO Businesses




Conclusion




List of Tables

Table 1. Number of Firms - SOHO Businesses, 2003-2008

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

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

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

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

Table 10. Number of Firms and Employees by Industry - SOHO Businesses, 2004

Table 11. Segmentation of Firms by Industry - SOHO Businesses, 2004

Table 12. Segmentation of Employees by Industry - SOHO Businesses, 2004

Table 13. Number of Mining Firms and Employees - SOHO Businesses, 2004

Table 14. Number of Construction Firms and Employees - SOHO Businesses, 2004

Table 15. Number of Construction Firms and Employees by Industry - SOHO Businesses, 2004

Table 16. Number of Manufacturing Firms and Employees - SOHO Businesses, 2004

Table 17. Number of Manufacturing Firms and Employees by Industry - SOHO Businesses, 2004

Table 18. Number of TCU Firms and Employees - SOHO Businesses, 2004

Table 19. Number of TCU Firms and Employees by Industry - SOHO Businesses, 2004

Table 20. Number of Wholesale Trade Firms and Employees - SOHO Businesses, 2004

Table 21. Number of Wholesale Trade Firms and Employees by Industry - SOHO Businesses, 2004

Table 22. Number of Retail Trade Firms and Employees - SOHO Businesses, 2004

Table 23. Number of Retail Trade Firms and Employees by Industry - SOHO Businesses, 2004

Table 24. Number of FIRE Firms and Employees - SOHO Businesses, 2004

Table 25. Number of FIRE Firms and Employees by Industry - SOHO Businesses, 2004

Table 26. Number of Service Firms and Employees - SOHO Businesses, 2004

Table 27. Number of Service Firms and Employees by Industry - SOHO Businesses, 2004

Table 28. Number of Government Firms and Employees - SOHO Businesses, 2004

Table 29. Number of Government Firms and Employees by Industry - SOHO Businesses, 2004




List of Figures

Figure 1. Number of Firms and Employees (In Millions) - SOHO Businesses, 2003-2008

Figure 2. Employment by Primary Location (% of Employees) - SOHO Businesses, 2004

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

Figure 4. Perceptions of Operating/Financial Performance in 2003/Expectations for 2004 - SOHO 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 SOHO 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 SOHO business demographics, along with a discussion of current market trends.

Firms in the SOHO business market (less than 5 employees), along with their small business (5 to 99 employees) brethren, are generally considered to be the "leading indicators" for the US business economy. Smaller firms are the first to feel the pinch of a shrinking economy and the first to thrive in an improving climate. As such, it is not surprising that the number of SOHO businesses is expected to grow faster than overall firm growth in the US. This market is expected to grow to more than 8.4 million firms by year's end, employing nearly 18 million workers. Over the next several years, this market should show steady growth, and is expected to reach more than 9.3 million businesses and 19 million employees by 2008.



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