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.
|Node count by level||Issued|
|ISIC||International Standard Industrial Classification of All Economic Activities||United Nations Statistics Division||production/
|1948–present (Rev. 4, 2008)|
|NAICS||North American Industry Classification System||Governments of the United States, Canada, and Mexico||production/
|1997, 2002, 2012|
|NACE||Statistical Classification of Economic Activities in the European Community||European Community||production/
|6 digits||1970, 1990, 2006|
|ANZSIC||Australian and New Zealand Standard Industrial Classification||Governments of Australia and New Zealand||1993, 2006|
|SIC||Standard Industrial Classification||Government of the United States||production/
|1937–1987 (superseded by NAICS, but still used in some applications)|
|ICB||Industry Classification Benchmark||FTSE||market/
|GICS||Global Industry Classification Standard||Standard & Poor's, Morgan Stanley Capital International||market/
|UKSIC||United Kingdom Standard Industrial Classification of Economic Activities||Government of the United Kingdom||1948-present (2007)|
|TRBC||Thomson Reuters Business Classification||Thomson Reuters||market/
|SNI||Swedish Standard Industrial Classification||Government of Sweden|
|UNSPSC||United Nations Standard Products and Services Code||United Nations||Product||8 digits (optional 9th)||1998 - present|
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
- Standard & Poor's, "What's an Industry" pdf
- Dave Nadig, Lara Crigger, "Signal from Noise" IndexUniverse, p. 2
- First Research taxonomy at Hoover's
- Michael E. Porter (1980). Competitive Strategy. Free Press, New York. ISBN 978-0743260886.
- Michael E. Porter (1985). Competitive Advantage. Free Press, New York. ISBN 978-0743260879.
- Bernard Guibert, Jean Laganier, and Michel Volle, "An Essay on Industrial Classifications", Économie et statistique 20 (February 1971) full text