NAICS 54 - Professional, Scientific, and Technical Services
The Sector as a Whole
The Professional, Scientific, and Technical Services sector comprises establishments that specialize in performing professional, scientific, and technical activities for others. These activities require a high degree of expertise and training. The establishments in this sector specialize according to expertise and provide these services to clients in a variety of industries and, in some cases, to households. Activities performed include: legal advice and representation; accounting, bookkeeping, and payroll services; architectural, engineering, and specialized design services; computer services; consulting services; research services; advertising services; photographic services; translation and interpretation services; veterinary services; and other professional, scientific, and technical services.
This sector excludes establishments primarily engaged in providing a range of day-to-day office administrative services, such as financial planning, billing and recordkeeping, personnel, and physical distribution and logistics. These establishments are classified in Sector 56, Administrative and Support and Waste Management and Remediation Services.
Industry trends:
The Professional, Scientific, and Technical Services sector (NAICS 54) is experiencing significant qualitative trends driven by technological advancements and shifting market demands. A key trend is the increased integration of artificial intelligence and machine learning into professional services to enhance data analytics, automate routine tasks, and provide deeper insights. This adoption is enabling companies to offer more value-driven services and improve operational efficiency.
Another important trend is the growing emphasis on remote work and digital collaboration tools. The COVID-19 pandemic accelerated the shift towards remote operations, and many organizations have since adopted hybrid work models as a permanent fixture. This has led to higher investments in cybersecurity, cloud computing, and collaborative platforms to ensure seamless and secure workflow management.
Sustainability is also becoming a critical area of focus. Clients are increasingly seeking services that align with environmental, social, and governance (ESG) criteria. As a result, firms in this sector are expanding their consulting offerings to include more sustainable practices and green technologies.
In the near future, the sector is expected to witness continued growth in AI-driven services, a further shift toward remote and flexible work environments, and a heightened focus on sustainability. Companies that can innovate in these areas and adapt to changing client expectations will likely see significant opportunities for growth and transformation.
This industry is comprised of:
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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