The United States has the largest number of active businesses in the world, with approximately 54 million companies across different industries.
Some sectors are more developed than others, and offer numerous opportunities for the creation of new strategic partnerships.
From this graph, we can see that the Retail Trade sector is the most developed industry in America, as it represents 13.06% of the national market.
In second place is the Construction sector, which represents 12.35% and in third place is the Administrative and Support and Waste Management and Remediation Services sector with 10.68%.
The Retail Trade sector is made up of businesses in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The retailing process is the final step in the distribution of merchandise; retailers are, therefore, organized to sell merchandise in small quantities to the general public. This sector comprises two main types of retailers: store and non-store retailers.
The Construction sector comprises establishments primarily engaged in the construction of buildings or engineering projects (e.g., highways and utility systems). Establishments primarily engaged in the preparation of sites for new construction and establishments mainly engaged in subdividing land for sale as building sites also are included in this sector.
The Administrative and Support and Waste Management and Remediation Services sector comprises establishments performing routine support activities for the day-to-day operations of other organizations. Activities performed include: office administration, hiring and placing of personnel, document preparation and similar clerical services, solicitation, collection, security and surveillance services, cleaning, and waste disposal services.
From this data we can recommend the United States market to companies operating in the sectors mentioned above and to companies who are looking for a new possible market to develop and create long-term collaborations.
The United States is an important nation which should be explored across all developed sectors (only 1% of the market is equivalent to about 540,000 companies). Creating strategic partnership in this large market can create many business opportunities for companies.
The data presented is referred to the sectors in the NAICS 2017 and are updated at September 2018.
