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Industry Landscape

The business advocacy and association industry is currently strong, driven by a need for legislative representation, cost-saving solutions, and networking opportunities. Chambers of Commerce like the Ohio Chamber are adapting to provide tangible benefits, especially affordable healthcare for SMBs, and are focused on influencing policy and fostering economic growth. Digital engagement and tailored programs are becoming increasingly important for member retention and acquisition.

Industries:
AdvocacyMember ServicesEconomic DevelopmentBusiness SupportNetworking

Total Assets Under Management (AUM)

Number of Business Establishments in United States

~Approximately 6.1 million (U.S. businesses with employees as of 2023, data from U.S. Census Bureau/SBA)

(1.5% (Source: U.S. Census Bureau, Annual Business Survey) CAGR)

- Net change in business establishments.

- Influenced by new business formations.

- Reflects economic conditions and policy support.

Total Addressable Market

10 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating