NAICS 71112 - Dance Companies
This industry comprises companies, groups, or theaters primarily engaged in producing all types of live theatrical dance (e.g., ballet, contemporary dance, folk dance) presentations. Dance companies or groups may or may not operate their own theater or other facility for staging their shows.
Industry trends:
The dance companies industry (NAICS 71112) has been experiencing several qualitative trends, influenced by shifts in audience preferences, technological advancements, and cultural factors. One prominent trend is the increasing integration of digital technologies in performances. Companies are leveraging augmented reality (AR) and virtual reality (VR) to create immersive experiences, making dance more accessible and engaging for a broader audience. Additionally, there is a growing emphasis on diversity and inclusivity within dance companies, with more performances highlighting underrepresented communities and varying dance styles.
Moreover, sustainability has become a focal point, with companies adopting eco-friendly practices in their productions. The COVID-19 pandemic has also accelerated the use of online platforms for performances and classes, expanding the industry's reach beyond traditional geographic constraints. Looking forward, it is anticipated that hybrid models combining live and virtual elements will become more commonplace. Furthermore, collaborations with other art forms and industries are expected to rise, providing fresh, innovative content and optimizing audience engagement. As economic conditions stabilize, a gradual increase in live performances and attendance is forecasted, although digital and hybrid formats will likely maintain a significant presence.
This industry is comprised of:
Ballet companies
Ballet productions, live theatrical
Classical dance companies
Contemporary dance companies
Dance companies
Dance productions, live theatrical
Dance theaters
Dance troupes
Folk dance companies
Interpretive dance companies
Jazz dance companies
Modern dance companies
Tap dance companies
Theater companies, dance
Theaters, dance
Theatrical dance productions, live
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