Major Group SIC 8748 - Business Consulting Services, Not Els...

SIC 8748 - Business Consulting Services, Not Elsewhere Classified

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 874 - Management And Public Relations 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 8748 - Business Consulting Services, Not Elsewhere Classified
    SIC 8741 - Management Services SIC 8742 - Management Consulting Services SIC 8743 - Public Relations Services SIC 8744 - Facilities Support Management Services SIC 8748 - Business Consulting Services, Not Elsewhere Classified

Establishments primarily engaged in furnishing business consulting services, not elsewhere classified, on a contract or fee basis.

Industry trends:

As of the latest analysis, the NAICS 8748, Business Consulting Services, Not Elsewhere Classified, is experiencing significant qualitative trends. One prominent trend is the increasing demand for digital transformation consulting. Companies across various industries are looking to enhance their digital capabilities, requiring expert advice on integrating advanced technologies such as AI, blockchain, and IoT into their operations. This shift is driven by the need for agility, efficiency, and innovation in a rapidly evolving digital landscape.

Another trend is the growing importance of sustainability and ESG (Environmental, Social, and Governance) consulting. Businesses are increasingly prioritizing sustainability initiatives and need expert guidance to navigate complex regulatory environments and implement effective ESG strategies. This trend is spurred by heightened awareness of environmental issues and investor pressure for responsible business practices.

Moreover, there is a rising demand for change management consulting as organizations undergo mergers, acquisitions, and significant restructuring. Effective change management is crucial for minimizing disruptions and ensuring smooth transitions. Consultants specializing in change management are in high demand to provide strategic direction and support during these periods of transformation.

Looking ahead, these trends are expected to gain momentum. The digital transformation consulting market is projected to grow substantially as companies continue to prioritize technological advancements. Likewise, the emphasis on sustainability and ESG consulting is anticipated to increase, driven by stronger regulatory mandates and stakeholder expectations. Additionally, the need for change management expertise will likely persist, given the ongoing shifts in the global business environment.

This industry is comprised of:

Agricultural consulting

City planners, except professional engineering

Economic consulting

Educational consulting, except management

Industrial development planning service, commercial

Radio consultants

Systems engineering consulting, except professional engineering or

Test development and evaluation service, educational or personnel

Testing services, educational or personnel

Traffic consultants

Explore related industries:

SIC 59 - Miscellaneous Retail SIC 73 - Business Services SIC 76 - Miscellaneous Repair Services

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