NAICS Code 5414 - Specialized Design Services

NAICS 5414 - Specialized Design Services

NAICS 54 - Professional, Scientific, and Technical Services
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 541 - Professional, Scientific, and Technical Services
  NAICS 541 - Professional, Scientific, and Technical Services
  - NAICS 5414 - Specialized Design Services
    NAICS 5411 - Legal Services NAICS 5412 - Accounting, Tax Preparation, Bookkeeping, and Payroll Services NAICS 5413 - Architectural, Engineering, and Related Services NAICS 5414 - Specialized Design Services NAICS 5415 - Computer Systems Design and Related Services NAICS 5416 - Management, Scientific, and Technical Consulting Services NAICS 5417 - Scientific Research and Development Services NAICS 5418 - Advertising and Related Services NAICS 5419 - Other Professional, Scientific, and Technical Services

This industry group comprises establishments providing specialized design services (except architectural, engineering, and computer systems design).

Industry trends:

The Specialized Design Services industry (NAICS 5414) has been experiencing several noteworthy qualitative trends in recent years. One major trend is the increasing integration of technology and design, driven by advancements in artificial intelligence, virtual reality, and augmented reality. These technologies are being used to create more immersive and interactive design experiences, which are in high demand across various sectors, including retail, architecture, and entertainment.

Sustainability is another critical trend shaping the industry. Clients are increasingly prioritizing eco-friendly designs, prompting designers to innovate with sustainable materials and energy-efficient solutions. This trend is expected to grow as environmental concerns continue to take center stage globally.

Moreover, the rise of remote work has impacted space planning and interior design significantly. There's a growing demand for designing home offices and flexible workspaces that can accommodate hybrid working models. This shift is shaping how design firms approach both residential and commercial projects.

Looking ahead, forecasts indicate that the demand for specialized design services will remain robust, especially as businesses and consumers seek unique and personalized design solutions to stand out in a competitive market. The adoption of new technologies and sustainability practices is likely to continue, further transforming the industry landscape. Additionally, the increasing importance of user experience (UX) and human-centered design is expected to drive growth in digital and product design sectors.