Number of Data Processing, Hosting, and Related Services Businesses in the US (20002023)

As of 2023

9,920

data processing, hosting, and related services businesses in the United States

Number of Firms Over Time

5K6K8K9K11K20002005201020152020Number of Firms

Total Employment Over Time

336K417K498K580K661K20002005201020152020Total Employees

Key Insights

  • The data processing, hosting, and related services industry has grown 80.1% since 2000 (from 5,507 to 9,920 firms).
  • The peak year was 2023 with 9,920 firms.
  • Recent trend (last 5 years): the industry is growing (+6.0%).
  • Employment: 600,966 workers in 2023 (61.1% change since 2000).
  • Estimated 5-year survival rate: 51%.

Year-by-Year Data

YearFirmsEstablishmentsEmploymentEntry RateExit RateNet Growth
20239,92015,517600,96613.8%12.6%+3.1%
20229,74715,271576,29514.1%16.6%+4.2%
20219,55915,502554,93214.2%18.3%-1.1%
20209,35616,046561,0348.4%9.0%+1.0%
20199,36216,124556,4588.4%9.6%+0.6%
20189,46616,300555,45213.4%10.3%+4.5%
20179,58715,780527,62421.5%11.0%+3.1%
20168,98813,309482,43611.3%9.9%+1.2%
20158,77013,073542,51912.6%11.1%+5.1%
20148,70812,966534,09911.7%15.9%+5.6%

Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.