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Home › Industry Metrics › NAICS 513

NAICS 513 - Broadcasting and Telecommunications

NAICS 513 - BROADCASTING AND TELECOMMUNICATIONS
NAICS 511 Publishing Industries (except Internet) NAICS 512 Motion Picture and Sound Recording Industries NAICS 515 Broadcasting (except Internet) NAICS 516 Internet Publishing and Broadcasting NAICS 517 Telecommunications NAICS 518 Internet Service Providers, Web Search Portals, and Data Processing Services NAICS 519 Other Information Services NAICS 513 Broadcasting and Telecommunications NAICS 514 Information Services and Data Processing Services
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Industries in the Broadcasting and Telecommunications subsector include establishments providing point-to-point communications and the services related to that activity. The industry groups (Radio and Television Broadcasting, Cable Networks and Program Distribution, and Telecommunications) are based on differences in the methods of communication and in the nature of services provided. The Radio and Television Broadcasting industry group includes establishments that operate broadcasting studios and facilities for over the air or satellite delivery of radio and television programs of entertainment, news, talk, and the like. These establishments are often engaged in the production and purchase of programs and generating revenues from the sale of air time to advertisers and from donations, subsidies, and/or the sale of programs. The Cable Networks and Program Distribution industry group includes two types of establishments. Those in the Cable Networks industry operate studios and facilities for the broadcasting of programs that are typically narrowcast in nature (limited format, such as news, sports, education, and youth-oriented programming). The services of these establishments are typically sold on a subscription or fee basis. Delivery of the programs to customers is handled by other establishments, in the Cable and Other Program Distribution industry, that operate cable systems, direct-to-home satellite systems, or other similar systems. The Telecommunications industry group is primarily engaged in operating, maintaining, and/or providing access to facilities for the transmission of voice, data, text, sound, and full motion picture video between network termination points. A transmission facility may be based on a single technology or a combination of technologies. Establishments primarily engaged as independent contractors in the maintenance and installation of broadcasting and telecommunications systems are classified in Sector 23, Construction.

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Industries in the Broadcasting and Telecommunications subsector include establishments providing point-to-point communications and the services related to that activity.

The industry groups (Radio and Television Broadcasting, Cable Networks and Program Distribution, and Telecommunications) are based on differences in the methods of communication and in the nature of services provided.

The Radio and Television Broadcasting industry group includes establishments that operate broadcasting studios and facilities for over the air or satellite delivery of radio and television programs of entertainment, news, talk, and the like.

These establishments are often engaged in the production and purchase of programs and generating revenues from the sale of air time to advertisers and from donations, subsidies, and/or the sale of programs.

The Cable Networks and Program Distribution industry group includes two types of establishments. Those in the Cable Networks industry operate studios and facilities for the broadcasting of programs that are typically narrowcast in nature (limited format, such as news, sports, education, and youth-oriented programming).

The services of these establishments are typically sold on a subscription or fee basis. Delivery of the programs to customers is handled by other establishments, in the Cable and Other Program Distribution industry, that operate cable systems, direct-to-home satellite systems, or other similar systems.

The Telecommunications industry group is primarily engaged in operating, maintaining, and/or providing access to facilities for the transmission of voice, data, text, sound, and full motion picture video between network termination points. A transmission facility may be based on a single technology or a combination of technologies.

Establishments primarily engaged as independent contractors in the maintenance and installation of broadcasting and telecommunications systems are classified in Sector 23, Construction.

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NAICS 51 Information
NAICS 513 Broadcasting and Telecommunications
NAICS 5131 Radio and Television Broadcasting
NAICS 51311 Radio Broadcasting
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Industry trends

The Broadcasting and Telecommunications industry (NAICS 513) is experiencing significant transformation driven by technological advancements and shifting consumer preferences. A major trend is the convergence of digital and traditional broadcasting, with more companies integrating over-the-top (OTT) services to cater to on-demand streaming audiences. This shift is accompanied by increased investment in 5G infrastructure, allowing for higher speed and lower latency, enhancing both mobile services and the Internet of Things (IoT) connectivity.

Another trend is the rise of personalized content, enabled by data analytics and AI, which allows broadcasters and telecom companies to tailor their offerings to individual preferences. This is particularly evident in the growth of niche content channels and podcasts. The industry is also seeing a push towards sustainable practices, with companies aiming to reduce their carbon footprint by optimizing network operations and investing in green technologies.

Looking ahead, the integration of augmented and virtual reality (AR/VR) into broadcasting and telecommunications is anticipated to create immersive experiences for consumers. Additionally, the continued rollout of 5G combined with edge computing is expected to revolutionize live broadcasting and mobile gaming. However, the industry must also prepare for potential regulatory challenges related to data privacy and net neutrality, which could impact business operations and competitive strategies.

Overall, the future of NAICS 513 is poised for growth and innovation, driven by technological integration and an enhanced focus on consumer-centric services.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 5%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 84%

Loan Failure Rate 4%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 15%

Total Companies in this Industry 108
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Explore related industries

  • NAICS 513 Broadcasting and Telecommunications
  • NAICS 5131 Radio and Television Broadcasting
  • NAICS 5132 Cable Networks and Program Distribution
  • NAICS 5133 Telecommunications
  • View all related industries

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