Market Research Services Industry Overview

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Industry Description

Companies that provide collection and analysis of information relating to market size, competition, consumer preferences, and company performance.

Summary

Wondering which chewing gum brand most dentists approve of? These companies can find out. Market research covers a broad range of data collection and analysis activities principally aimed at measuring consumer habits or market share among competing brands.

Industry Trends

Increased Productivity

Revenue per employee has grown 30 percent in the past 10 years at market research firms. Increased use of automation, such as computer-assisted telephone interviewing (CATI) and online interviewing, have made data collection easier and more efficient. More advanced analytical systems have made statistical analysis and validation more cost-effective.

Industry Competitors

Industry Codes

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Market Research Services maps to a number of NAICS codes including:

NAICS
NAICS Title

Industry Associations & Organizations

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Market Research Services industry.

Indicator
Total
NAICS Codes
1
Establishments
5,460
Sales, receipts or shipments ($1,000)
$10,890,323
Annual Payroll ($1,000)
$4,080,844
Paid Employees
122,359

Industry People



Industry Jobs

CMP.jobs - Boston.MA
From CMP.jobs
The McGraw-Hill Companies - New York.NY
From TheLadders.com
$6 Billion IT Solutions Leader - Chicago.IL
From TheLadders.com

Industry News