NAICS Code 517 - Telecommunications

NAICS 517 - Telecommunications

NAICS 51 - Information
NAICS 11 - Sector 11--Agriculture, Forestry, Fishing and Hunting NAICS 21 - Sector 21--Mining NAICS 22 - Sector 22--Utilities NAICS 23 - Sector 23--Construction NAICS 31 - Sector 31-33--Manufacturing NAICS 42 - Sector 42--Wholesale Trade NAICS 44 - Sector 44-45--Retail Trade NAICS 48 - Sector 48-49--Transportation and Warehousing NAICS 51 - Sector 51--Information NAICS 52 - Sector 52--Finance and Insurance NAICS 53 - Sector 53--Real Estate and Rental and Leasing NAICS 54 - Sector 54--Professional, Scientific, and Technical Services NAICS 55 - Sector 55--Management of Companies and Enterprises NAICS 56 - Sector 56--Administrative and Support and Waste Management and Remediation Services NAICS 61 - Sector 61--Educational Services NAICS 62 - Sector 62--Health Care and Social Assistance NAICS 71 - Sector 71--Arts, Entertainment, and Recreation NAICS 72 - Sector 72--Accommodation and Food Services NAICS 81 - Sector 81--Other Services (except Public Administration) NAICS 92 - Sector 92--Public Administration
- NAICS 517 - Telecommunications
  NAICS 511 - Publishing Industries (except Internet) NAICS 512 - Motion Picture and Sound Recording Industries NAICS 515 - Broadcasting (except Internet) NAICS 516 - Internet Publishing and Broadcasting NAICS 517 - Telecommunications NAICS 518 - Internet Service Providers, Web Search Portals, and Data Processing Services NAICS 519 - Other Information Services NAICS 513 - Broadcasting and Telecommunications NAICS 514 - Information Services and Data Processing Services

Industries in the Telecommunications subsector include establishments providing telecommunications and the services related to that activity. The Telecommunications subsector is primarily engaged in operating, maintaining, and/or providing access to facilities for the transmission of voice, data, text, sound, and video. A transmission facility may be based on a single technology or a combination of technologies. Establishments primarily engaged as independent contractors in the maintenance and installation of broadcasting and telecommunications systems are classified in Sector 23, Construction.

Industry trends:

The telecommunications industry (NAICS 517) is experiencing significant qualitative trends driven by rapid technological advancements and shifting consumer demands. One of the primary trends is the expansion of 5G networks, which promises faster speeds, lower latency, and greater connectivity. This development is fueling innovation in IoT (Internet of Things) applications, smart cities, and enhanced mobile broadband services.

Another trend is the increasing importance of cybersecurity as cyber threats become more frequent and sophisticated. Telecom companies are investing heavily in advanced security measures to protect their infrastructure and customer data. Additionally, there is a growing emphasis on environmental sustainability, with many telecom operators adopting green energy solutions and sustainable business practices to reduce their carbon footprints.

In terms of forecasts, the near future is likely to see continued mergers and acquisitions as companies seek to consolidate and enhance their competitive positions. The integration of AI and machine learning is expected to revolutionize network management and customer service. Furthermore, the rise of edge computing will enable faster and more efficient data processing, benefiting industries ranging from healthcare to manufacturing.

Overall, the telecommunications sector is poised for transformative growth, driven by technological innovations and an increased focus on security and sustainability.