The NPD Group Debuts U.S. Vertical Reseller Tracking for the B2B Technology Industry
PORT WASHINGTON, N.Y., Dec. 16, 2019 /PRNewswire-PRWeb/ -- The NPD Group today announced that is has expanded its Reseller Tracking Service to include Vertical Reseller data, which will add visibility into what technology hardware and software products are sold to businesses across 20 vertical sectors and more than 300 vertical industry groups. This addition will provide the most comprehensive view of the U.S. B2B technology reseller channel with item-level sales detail across sectors including finance, healthcare, education, and other industries. Vertical definitions will follow the North American Industry Classification System (NAICS), the standard used by Federal statistical agencies in classifying business establishments.
The new offering shows that during the 12 months ending October 2019, the Finance and Insurance sector saw the strongest growth (+18%) with sales up $715 million year over year, twice as much as any other sector. Healthcare and Social Assistance saw the second highest growth (+11%), with the largest volume of sales going through the General Medical and Surgical Hospitals industry group. The Other Ambulatory and Surgical Hospitals industry group experienced the highest revenue growth in this sector.
"NPD's new Vertical Reseller Tracking information provides a one-of-a-kind solution for understanding industry-specific trends needed to make better-informed, more effective business decisions," said Kate Roe-Semyon, President, B2B Technology Practice, The NPD Group. "This data will allow companies to identify the fastest-growing categories, manufacturers, items, and product attributes within specific industry segments to uncover opportunities they may otherwise overlook."
NPD is the only U.S. source for tracking sales-out data in the B2B technology channel, with data on more than 2,000 manufacturers from top distributors and resellers, to show what IT products are selling, where, to whom and at what price.
About The NPD Group, Inc.
NPD offers data, industry expertise, and prescriptive analytics to help our clients grow their businesses in a changing world. Over 2,000 companies worldwide rely on us to help them measure, predict, and improve performance across all channels, including brick-and-mortar and e-commerce. We have offices in 29 cities worldwide, with operations spanning the Americas, Europe, and APAC. Practice areas include apparel, appliances, automotive, beauty, books, B2B technology, consumer technology, e-commerce, fashion accessories, food consumption, foodservice, footwear, home, juvenile products, media entertainment, mobile, office supplies, retail, sports, toys, travel retail, video games, and watches. For more information, visit npd.com. Follow us on Twitter: @npdgroup and @npdtech.
SOURCE The NPD Group
