Business Services Sector
Industry Description
The US business services sector consists of about 340,000 companies with combined annual sales of about $580 billion. Major companies include staffing services providers Manpower and Kelly Services; facilities service companies ABM Industries and Rollins Inc; and solid waste handlers Waste Management and Republic Services. Other major companies in the sector include office administrative service firms such as Automatic Data Processing and Iron Mountain; ADT Security Services, and the travel division of American Express. The business services sector is highly fragmented: the 50 largest companies account for less than 25 percent of sector revenue.
SIC: 0782, 7359, 1799, 4212, 4581, 4724, 4725, 7363, 7381, 7389, 7699, 8741, 8744, 9223, 1731, 7338, 7334, 7323, 7322, 7217, 4959, 4953, 4729
NAICS: 561599, 561611, 561612, 561613, 561621, 561622, 561710, 561720, 561730, 561740, 561790, 561910, 561920, 561990, 562111, 562112, 562119, 323114, 323115, 561110, 561210, 561311, 561312, 561320, 561330, 561410, 561421, 561422, 561431, 561439, 561440, 561450, 561491, 561492, 561499, 561510, 561520, 561591, 562211, 562212, 562213, 562219, 562910, 562920, 562991, 562998, 922140
NAICS: 561599, 561611, 561612, 561613, 561621, 561622, 561710, 561720, 561730, 561740, 561790, 561910, 561920, 561990, 562111, 562112, 562119, 323114, 323115, 561110, 561210, 561311, 561312, 561320, 561330, 561410, 561421, 561422, 561431, 561439, 561440, 561450, 561491, 561492, 561499, 561510, 561520, 561591, 562211, 562212, 562213, 562219, 562910, 562920, 562991, 562998, 922140
Related Industries:
Advertising & Marketing Services, Direct Marketing Services, Market Research & Polling Services, Public Relations Services, Sales Promotion Services, Trade Show & Event Planning Services, Legal Services, Parking Lots & Garages, Consulting Services, Staffing Services, Executive Search Services, Professional Employer Organizations, Information Technology Services, Travel Agencies & Services, Education & Training Services, Accounting Services, Food Service Contractors, Directory & Mailing List Publishers, Surveillance, Investigation & Security Consulting Services, Telecommunications Services, Internet Service Providers, Charter & Other Nonscheduled Air Transportation Services, Express Delivery Services, Business & Professional Associations, Catering Services , Computer & Office Equipment Wholesalers , Credit Reporting & Collections Services, Exterminating & Pest Control Services, Graphic Design Services, Internet Publishing, Broadcasting & Search Portals, Janitorial & Carpet Cleaning Services, Landscaping Services, Motor Vehicle Towing, Payroll Services, Professional Services Sector, Security System Services, Telephone Call Centers, Vending Machine Operators, Office Supply & Paper Wholesalers, Waste Management ServicesTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Shanghai Zhonghao Chemical Online Exchange Centre Co., Ltd. | 83,874.87M | Shanghai, China |
| Sony/ATV Music Publishing Holding B.V. | 67,888.94M | Amsterdam, The Netherlands |
| Proservis Empresa de Servicios Temporales S.A. | 61,529.92M | Cali Valle - Colombia, Brazil |
| DICK SMITH MANAGEMENT PTY LTD | 57,509.13M | Chullora, Nsw |
| Quaker Oats Scandinavia. Filial Afquaker Oats Europe. Inc. U.S.A. | 54,146.83M | Kobenhavn, Denmark |
Trends
Industry Consolidation - Startup costs for a personnel agency are very low.
Industry Indicator
US corporate profits, an indicator of corporate demand for business services, rose 7.9 percent in the third quarter of 2011 compared to the same period in 2010.
Quarterly Industry Update
Travel Spending Outlook Positive - Business and luxury leisure travel are expected to increase in 2012, which may boost US travel agency revenues. Spending on business travel increased 7.6 percent...


