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NAICS 425110 Quarterly Industry Report

Business to Business Electronic Markets

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 425110Sector: Wholesale Trade (42)Updated: Q1 2026

Industry Definition & Overview

NAICS Classification Hierarchy

NAICS classification hierarchy for 425110
LevelDescriptionCode
SectorWholesale Trade42
SubsectorWholesale Trade Agents and Brokers425
Industry GroupWholesale Trade Agents and Brokers4251

Geographic Concentration

Top states by share of national establishments.

Top 10 states by establishment share for Business to Business Electronic Markets
#State% Est.Total Est.
1California
18.0%
66
2Florida
13.3%
49
3Texas
9.5%
35
4New York
8.4%
31
5New Jersey
4.9%
18
6Washington
3.8%
14
7Illinois
3.5%
13
8Massachusetts
3.0%
11
9Ohio
3.0%
11
10North Carolina
3.0%
11
Source: County Business Patterns, U.S. Census Bureau[1]

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Census Bureau, County Business Patterns census.gov

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