First Research US Industry Profile

Already a subscriber?  Login >>

View Sample
Graphic Design Services
SIC Codes: 7336, 8099
NAICS Codes: 541430
Last Quarterly Update: 3/4/2024
Companies in this industry plan, design, and manage the production of visual communications involving graphic art and illustrations. No major companies dominate the industry.
Digital publishing technology and the internet have enabled graphic design firms to service clients internationally. Designers may do work for clients remotely or establish offices abroad. Clients with international audiences require graphic design firms that have cross-cultural savvy and multi-lingual capabilities.
The US graphic design services industry includes about 16,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $9 billion.
Competitive Landscape
Regional economic activity drives demand, because most graphic design firms are small and work locally. The profitability of individual companies depends on accurate bidding, timely delivery of projects, and a steady volume of work. Large companies have advantages in marketing and sales, breadth of services, delivery of complex projects, and supporting ongoing contracts. Small companies can compete effectively by responding more quickly, adopting new trends, and specializing by services or markets. The US industry is highly fragmented: the 50 largest companies account for about 20% of revenue.
Graphic design firms compete with complementary industries that serve the business market and with clients' in-house graphic design staffs. Freelance designers may be competitors or contract labor. Ad agencies, marketing groups, and architecture firms are among the industries that provide visual services and products and include graphic design in their repertoires. Companies as diverse as packaging manufacturers and commercial printers also offer graphic design services to clients for customization of their finished products.
Products, Operations & Technology
Major industry services are graphic design services, except for advertising (about 60% of industry revenue) and graphic design services for corporate identity ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

11/13/2023
07/31/2023
05/01/2023
02/13/2023
11/07/2022
08/08/2022
04/18/2022
01/31/2022
11/29/2021
08/23/2021
05/31/2021
03/08/2021
12/14/2020
11/02/2020
08/18/2020
03/23/2020
05/20/2019
02/18/2019
11/12/2018
08/13/2018
05/14/2018
02/12/2018
11/06/2017
05/08/2017
02/06/2017
10/31/2016
08/01/2016
05/02/2016
02/08/2016
10/26/2015
07/27/2015
04/27/2015
02/02/2015
11/17/2014
08/25/2014
06/02/2014
03/17/2014
11/25/2013
09/02/2013
06/03/2013
03/11/2013
12/03/2012
09/10/2012
06/25/2012
04/02/2012
12/12/2011
09/19/2011
06/13/2011
03/07/2011
11/15/2010
08/23/2010
05/17/2010
02/08/2010