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Industry Classification: NAICS codes (North American Industry Classification System)

Identify the industry that your startup company would operate in. Use a standard industry classification code such as NAICS.

NAICS: North American Industry Classification System

It was developed jointly by Canada, the US, and Mexico and divides the economy into:

    • 20 sectors (2-digit codes)
    • 102 subsectors (3-digit codes)
    • 323 industry groups (4-digit codes)
    • 711 industries (5-digit codes)
    • 922 Canadian industries (6-digit codes).

NAICS codes are comparable across Canada, the US, and Mexico at the 5 digit code level. Note: unique national industries will have a 6 digit code.

Identify Competitors by NAICS code

You can identify competitors using a variety of business or company directories, databases, and web sites. You can often identify competitors within the same industry by searching by NAICS code or by keywords in the NAICS description.