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.
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
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 Family | Competition | Median Bidders | Single-Bid | Bidder Mix | Reported Awards |
|---|---|---|---|---|---|
425110This Code Business to Business Electronic Markets | Fewer Bidders | 2 | 43% | 1,04275% of 1,396 | |
42511NAICS Industry | Fewer Bidders | 2 | 43% | 1,04275% of 1,396 | |
4251Industry Group Wholesale Trade Agents and Brokers | Fewer Bidders | 2 | 48% | 5,08881% of 6,289 | |
425Subsector | Fewer Bidders | 2 | 48% | 5,08881% of 6,289 | |
42Sector Wholesale Trade | Moderate Competition | 3 | 18% | 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.
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