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NAICS Code· 425110

NAICS 425110: Business to Business Electronic Markets

NAICS 425110 - Business to Business Electronic Markets covers the operation of online platforms and electronic marketplaces that facilitate commercial transactions between businesses. This industry focuses on the digital infrastructure required to connect buyers and sellers, managing the electronic exchange of goods, services, and information.

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 425110.

AI Industry Description

NAICS 425110 - Business to Business Electronic Markets covers the operation of online platforms and electronic marketplaces that facilitate commercial transactions between businesses. This industry focuses on the digital infrastructure required to connect buyers and sellers, managing the electronic ...

NAICS 425110 - Business to Business Electronic Markets covers the operation of online platforms and electronic marketplaces that facilitate commercial transactions between businesses. This industry focuses on the digital infrastructure required to connect buyers and sellers, managing the electronic exchange of goods, services, and information. In the government contracting landscape, this code supports the procurement of digital marketplaces and e-commerce solutions that streamline supply chain management and acquisition processes. Pioneer Industries, LLC is a prominent contractor operating within this sector, representing the types of specialized firms capable of managing electronic market environments for government needs. The Department of Defense is the primary agency driving award volume in this sector, utilizing these electronic market capabilities to support its extensive logistics and procurement missions.

Competition

How many companies historically bid on federal awards in NAICS 425110, from bidder counts reported on USAspending.

Fewer Bidders

Median under 3 bidders per reported award. · 1,042 reported awards

Median Bidders

2

Per reported award, all-time

Single-Bid Awards

43%

Share of reported awards with one bidder

10+ Bidder Awards

2%

Share of reported awards with 10+ bidders

Reported Awards

1,042

75% of 1,396 total awards

Bidder Count Distribution by Fiscal Year

Share of reported awards in each bidder-count bracket per federal fiscal year.

How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.

Industry FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
425110This Code
Business to Business Electronic Markets
Fewer Bidders243%
1,04275% of 1,396
42511NAICS Industry
Fewer Bidders243%
1,04275% of 1,396
4251Industry Group
Wholesale Trade Agents and Brokers
Fewer Bidders248%
5,08881% of 6,289
425Subsector
Fewer Bidders248%
5,08881% of 6,289
42Sector
Wholesale Trade
Moderate Competition318%
7,852,24141% of 19,092,105

Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.

Related NAICS Codes

Industries similar to Business to Business Electronic Markets, by shared sector, subsector, and industry group.

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NAICS 425110 FAQ

Frequently Asked Questions

NAICS code 425110 stands for Business to Business Electronic Markets. It is a North American Industry Classification System code used by the federal government to classify business activity for procurement and contracting purposes.

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