State of the Industry: A Demographic Profile of the US Construction Industry

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State of the Industry: A Demographic Profile of the US Construction Industry

Service: Vertical Market Deep Dive of U.S. Industry: Construction
Report Number: IN0401593DDCN
Publication Date: May 2004
Number of Pages: 35
Report Price: $3,495 U.S. Dollars
Analyst: Stephanie Atkinson

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Abstract
This report provides current and forecast demographic data such as number of employees and number of firms for the construction industry. This is also broken down by size of construction business such as SOHO, Small Business, Middle-Market, and Enterprise. Construction industry subsegments are also detailed in the study, along with construction market trends, technology trends, applications driving spending, and the overall opportunities for technology vendors in the construction vertical.

The construction vertical is an upcoming opportunity for technology vendors, primarily due to the expected growth in wireless data adoption and growing demand for technology applications in the field. This vertical, while not highly targeted in the near-term, is expected to be a great opportunity for technology vendors looking to expand their vertical market program over the next several years or down the road. This industry is transitioning from a low-tech industry to one that is adopting wireless, the Internet, and collaboration tools to improve efficiencies, communications and overall project management in the construction industry.

Table of Contents

Executive Summary
Market and Industry Trends
- Overview of Market Trends
- Overview of Technology Trends
  - Key Trends: Wireless and Web…
  - Emerging Trends: Advanced Technologies…
  - Key Applications…
  - Recommendations: Addressing Opportunities…
    - Near-term Opportunities
Methodology
- Forecasting Techniques
- Definitions
- Structured Research Sources
  - Telecom 2002-2003
  - IT Purchasing, 2003
  - US Census Bureau
  - US Bureau of Labor Statistics
  - Bureau of Economic Analysis
  - Department of Commerce
  - Industry Trends
Construction Industry Demographics
- Number of Firms
- Number of Employees
Perceptions…
- Perceptions of Economic Performance
- Perceptions of Operating Performance
Demographics by Major Group
- Segmentation of Firms by Major Group
- Segmentation of Employees by Major Group
- General Building Contractors
  - General Building Contractors in the US Business Market
- Heavy Construction, Except Building
- Special Trade Contractors (STC)
  - Special Trade Contractors in the US Business Market
Conclusion

List of Tables

Table 1. Number of Firms – Construction Industry, 2003-2008
Table 2. Number of Employees (EMP) – Construction Industry, 2003-2008
Table 3. Number of Firms and Employees by Major Group – Construction Industry, 2004
Table 4. Segmentation of Firms by Major Group and Size of Business – Construction Industry, 2004
Table 5. Segmentation of Employment by Major Group and Size of Business – Construction Industry, 2004
Table 6. Number of General Building Contractor Firms and Employees – US Business Market, 2004
Table 7. Number of Heavy Construction Firms and Employees – US Business Market, 2004
Table 8. Number of Special Trade Contractors Firms and Employees – US Business Market, 2004
Table 9. Number of Special Trade Contractor Firms and Employment by Industry Group – US Business Market, 2004

List of Figures

Figure 1. Number of Firms and Employees (In Millions) – Construction Industry, 2003-2008
Figure 2. Perceptions of the US Economy (Unweighted) – Construction Industry, 2003
Figure 3. Perceptions of Operating/Financial Performance (Unweighted) – Construction Industry, 2003
Figure 4. Number of Firms (In Thousands): General Building Contractors – US Business Market, 2002-2008
Figure 5. Number of Employees (In Millions): General Building Contractors – US Business Market, 2002-2008
Figure 6. Number of Firms (In Thousands): Heavy Construction – US Business Market, 2002-2008
Figure 7. Number of Employees (In Thousands): Heavy Construction – US Business Market, 2002-2008
Figure 8. Number of Firms (In Thousands): Special Trade Contractors – US Business Market, 2002-2008
Figure 9. Number of Employees (In Millions): Special Trade Contractors – US Business Market, 2002-2008

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