Industry Demographics Support Small Businesses

Wed 5th Feb 2003 | News

Over half of all businesses in this industry have less than 4 full-time employees - 54% to be exact. And in case you're wondering, there's another 28% that are freelancers, according to a recent study by TrendWatch.

These two groups - companies with 1-4 employees plus freelancers account for nearly 29,000 individual businesses. Like many industries, it's often the big studios that everyone talks about, but there are thousands of very small companies that do a significant number of projects and project tasks day in and day out that buy and upgrade equipment and software all year long.

The above information is an excerpt from the TrendWatch 2002 Visual Effects/Dynamic Media Demographic Atlas Report, available from TrendWatch.

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