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Statistics/Industry Trends

Federal Contracting by Industry (NAICS)

Explore federal contracting activity organized by NAICS (North American Industry Classification System) codes. Identify fastest-growing sectors, top industries by contract volume, and emerging government markets.

Industry Classification in Federal Contracting

Federal contracts are classified using the North American Industry Classification System (NAICS), a standardized framework used by the United States, Canada, and Mexico to categorize business establishments by industry. NAICS codes range from 2-digit sector codes to 6-digit national industry codes for granular classification. Information Technology (NAICS 5415) consistently leads federal contract spending, followed by Construction (NAICS 23), Professional Services (NAICS 5416), and Research and Development (NAICS 5417). The federal government assigns NAICS codes to every solicitation and contract award, enabling detailed analysis of spending patterns by industry sector. GovChime provides NAICS-level spending breakdowns, growth rate analysis, and competitive landscape data sourced from FPDS award records. Businesses can use this data to identify high-growth sectors, evaluate competitive density within their NAICS code, and discover adjacent industries where their capabilities may qualify them for additional contract opportunities.

Industry statistics are being connected to the analytics pipeline. Check back soon for real-time data including top NAICS codes by spending, industry growth trends, and sector-level breakdowns.

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