NAICS Code 7121 - Museums, Historical Sites, and Similar Ins...

NAICS 7121 - Museums, Historical Sites, and Similar Institutions

NAICS 71 - Arts, Entertainment, and Recreation
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 712 - Museums, Historical Sites, and Similar Institutions
  NAICS 711 - Performing Arts, Spectator Sports, and Related Industries NAICS 712 - Museums, Historical Sites, and Similar Institutions NAICS 713 - Amusement, Gambling, and Recreation Industries
  - NAICS 7121 - Museums, Historical Sites, and Similar Institutions
    NAICS 7121 - Museums, Historical Sites, and Similar Institutions

This industry comprises establishments primarily engaged in the preservation and exhibition of objects of historical, cultural, and/or educational value.

Industry trends:

The Museums, Historical Sites, and Similar Institutions industry (NAICS 7121) has seen several qualitative trends emerging recently. One prominent trend is the increasing incorporation of digital and virtual technologies. Museums and historical sites are leveraging virtual reality (VR) and augmented reality (AR) to offer immersive experiences to visitors, both onsite and online. This trend has been accelerated by the COVID-19 pandemic, which forced many institutions to explore digital avenues to maintain engagement with their audiences.

Another trend is the focus on inclusivity and diversity. Institutions are actively working to diversify their exhibits and narratives to reflect a wider array of cultures, histories, and perspectives. This involves not only the content but also the involvement of diverse curators and collaborators.

Environmental sustainability is also gaining traction within the industry. Museums and historical sites are implementing eco-friendly practices in their operations, from energy-efficient lighting to sustainable exhibit materials, aligning with broader societal movements towards sustainability.

Looking forward, these trends are expected to flourish. The adoption of digital technologies will likely continue to expand, offering hybrid experiences that combine physical and digital elements. Inclusivity will remain a key focus, with institutions striving to be more representative and accessible. Finally, sustainability initiatives will become more integrated into the operational models of these institutions, potentially influencing funding and partnerships. The continued evolution in these areas suggests a dynamic and forward-thinking future for the industry.