Samiksha Jaiswal (Editor)

Industry classification

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Industry classification or industry taxonomy is a type of economic taxonomy that organizes companies into industrial groupings based on similar production processes, similar products, or similar behavior in financial mark... A wide variety of taxonomies is in use, sponsored by different organizations and based on different criteria.

1The NAICS Index File lists 19745 rubrics beyond the 6 digits which are not assigned codes.

Besides the widely used taxonomies above, there are also more specialized proprietary systems:

  • FactSet's Revere, line-of-business, about 11,000 leaf nodes, acquired in 2013
  • IndustryBuildingBlocks, line-of-business about 15,000 leaf nodes
  • First Research taxonomy, used by Hoover's
  • WAND, Inc.'s Product and Service Taxonomy

    • References

    Industry classification Wikipedia
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