Number of Enterprises
Approximately 333 million: It’s estimated that there are around 333 million companies worldwide. This number includes businesses of all sizes, from small sole proprietorships to large multinational corporations.
Segmentation
Enterprises are typically segmented in a few different ways:
Size
- Micro-enterprises ( ~90%): They account for the overwhelming majority of businesses worldwide. These are often family-run or very small-scale operations. (Fewer than 10 employees)
- Small enterprises (5-8%): Businesses playing an important role in local economies.(10 to 49 employees)
- Medium-sized enterprises (~1-2%): Increasingly significant players with higher employment and economic impact.(50 to 249 employees)
- Large enterprises (<1%): Relatively small in number, but command significant economic resources.(250 or more employees)
Industry
Enterprises are divided into numerous industries based on the products or services they provide.
- Technology: A rapidly growing sector including software development, hardware manufacturing, IT services, and more.
- Healthcare: Encompasses hospitals, pharmaceuticals, medical devices, and health insurance providers.
- Manufacturing: Production of goods ranging from cars and electronics to textiles and food products.
- Finance: Includes banks, investment firms, insurance companies, and other financial institutions.
- Retail: The sale of goods to consumers, including online stores and physical shops.
- Energy: Oil & gas, renewable sources, utilities – essential for powering societies.
- Agriculture: Farming, food processing, and related activities that form the food supply chain.
- Transportation: The movement of goods and people via air, road, rail, and sea.
- Construction: Building of residential and commercial structures, and infrastructure projects.
- Education: Schools, universities, and training providers.
- Hospitality: Hotels, restaurants, tourism –focused on the travel experience.
- Professional Services: Accounting, law, consulting, and other services businesses.
- Government: Public sector organizations providing essential societal services.
- Non-profit Organizations: Driven by missions like social welfare, environmental protection, and charity.
Mapping The Biggest Companies By Market Cap in 60 Countries
https://www.visualcapitalist.com/mapping-the-biggest-companies-by-market-cap-in-60-countries