Major Group SIC 8732 - Commercial Economic, Sociological, An...

SIC 8732 - Commercial Economic, Sociological, And Educational Research

SIC 87 - Engineering, Accounting, Research, Management, And Related Services
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 873 - Research, Development, And Testing Services
  SIC 871 - Engineering, Architectural, And Surveying SIC 872 - Accounting, Auditing, And Bookkeeping Services SIC 873 - Research, Development, And Testing Services SIC 874 - Management And Public Relations Services
  - SIC 8732 - Commercial Economic, Sociological, And Educational Research
    SIC 8731 - Commercial Physical And Biological Research SIC 8732 - Commercial Economic, Sociological, And Educational Research SIC 8733 - Noncommercial Research Organizations SIC 8734 - Testing Laboratories

Establishments primarily engaged in performing commercial business, marketing, opinion, and other economic, sociological, and educational research on a contract or fee basis. Noncommercial economic, sociological, and educational research establishments funded from endowments, grants, or contributions are classified in Industry 8733.

Industry trends:

The NAICS 8732 sector, encompassing Commercial Economic, Sociological, and Educational Research, is experiencing several notable qualitative trends. Innovation in data analytics and big data integration is significantly enhancing research methodologies, enabling more comprehensive and granular insights. Automation and artificial intelligence are increasingly employed for data collection, processing, and even initial analysis, leading to more efficient operations and quicker turnaround times.

There is a growing emphasis on interdisciplinary research, where sociological and educational research integrates with economic studies to provide multifaceted insights into complex issues. This trend reflects the increasing recognition that societal challenges are multifaceted and require comprehensive, interconnected approaches.

Another significant trend is the rise of collaborative projects, often crossing international boundaries, facilitated by digital communication tools and platforms. These collaborations bring diverse perspectives and knowledge bases together, driving innovation and enhancing the quality of research outputs. Additionally, open-access publishing and data sharing are gaining momentum, promoting transparency and wider dissemination of research findings.

Forecasts for the near future indicate a continuing expansion in the use of advanced technologies, such as machine learning and predictive analytics, to drive more precise and actionable insights. The demand for real-time data and longitudinal studies is expected to grow, necessitating continuous methodological advancements. Furthermore, ethical considerations and data privacy concerns are likely to shape industry practices and regulatory frameworks, emphasizing the need for responsible and secure handling of research data.

This industry is comprised of:

Business economists, commercial

Business research commercial

Economic research,

Educational research,

Market research commercial

Opinion research commercial

Research economic, sociological and educational-commercial

Sociological research commercial

Explore related industries:

SIC 8069 - Specialty Hospitals, Except Psychiatric SIC 8399 - Social Services, Not Elsewhere Classified SIC 8661 - Religious Organizations

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

Download sample reports

With iCFO You Get

What Is iCFO?

A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.

Sound Business Analysis

Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.

Your Business’ Health In Minutes

It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.