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Other professional, scientific, and technical services (NAICS 541990) industry trends

July 25, 2013
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The other professional, scientific, and technical services industry includes firms providing a variety of professional, scientific and technical services. Such services include marketing research and public opinion polling, photographic services, translation and interpretation services and veterinary services. Marketing research and public opinion polling describes services such as broadcast media rating, political opinion polling, marketing analysis, statistical sampling or opinion research. Photographic services describe commercial or portrait photography studios providing still, video or digital photography services. Translation and interpretation services include interpreting written or speech material from one language to another as well as providing sign language services.  Additionally, the industry includes firms providing a wide range of services such as appraisal services, marine surveyor services, patent broker services, commodity inspector services and weather forecasting services. 

The Census Bureau’s most recent data indicates that there are approximately 71,630 firms within this industry. The majority of firms within this industry provide veterinary services.  

According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 11.10 percent. During same time, the average gross profit margin was 69.88 percent. 

The graph below shows business statistics for the average company in the other professional, scientific, and technical services industry. 


Other professional, scientific, and technical services NAICS 5419


About the Author


Raleigh, N.C.-based Sageworks, a leading provider of lending, credit risk, and portfolio risk software that enables banks and credit unions to efficiently grow and improve the borrower experience, was founded in 1998. Using its platform, Sageworks analyzed over 11.5 million loans, aggregated the corresponding loan data, and created the largest

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About Abrigo

Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo's platform centralizes the institution's data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth.

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