These small business statistics will tell you everything you need to know about the growth of business and where it’s going in the future.

A comprehensive dataset covering small business statistics in 2025, including failure rates, growth data, average revenue, number of employees, and market insights.

The following small business statistics broken down by industry to help you understand the small business landscape better.

In the second quarter of 2024, 61 percent of surveyed small business owners indicated that the health of their business was in good shape. A further 24 percent of respondents said the health of their business was about average. At the end of 2019, small businesses in "very good" health peaked at 43 percent. By the end of 2020, this number fell to 25 percent in the wake of the COVID-19 pandemic.

This statistic shows the percentage of change in the number of small businesses operating in the United States from 2002 to 2012, broken down by the owner's gender. Between 2007 and 2012, the number of women-owned small businesses increased by **** percent.

The Office of Advocacy’s Small Business Profiles are an annual portrait of each state’s small business. They gather the latest federal data into state-by-state snapshots of small business health and economic activity. Limited economic data is also provided for the U.S. territories. This year’s profiles report on state economic growth and employment, income and finance, employer business owner demographics, turnover among establishments with employees, international trade, small business employment by industry and county, and self-employment by county, and small businesses by industry.

Introducing Our Global Small Business Contact Data Solution

In today’s dynamic business landscape, connecting with small businesses is essential for growth. Our Global Small Business Contact Data provides you with the tools to reach and engage with millions of small business owners and decision-makers worldwide.

What Sets Our Data Apart?

Our data is specifically focused on small businesses, offering you a targeted and efficient way to connect with your ideal customers. With over 41 million verified contacts, including business emails and phone numbers, we prioritise accuracy to ensure your outreach is effective.

Our Data Collection Process

We employ a robust data collection process that combines the power of ten dynamic publication sites with our dedicated Contact Discovery Team. This dual approach guarantees a comprehensive and reliable database of small business contacts.

Applications Across Diverse Industries

Our data is versatile and applicable to a wide range of industries. Whether you’re in finance, technology, or retail, you can leverage our small business contact data to identify new opportunities, expand your customer base, and build strong partnerships.

Seamless Integration

Our small business database seamlessly integrates with our broader data collection framework. This allows you to access additional valuable insights, such as market trends and competitor analysis, to inform your business decisions.

Building Strong Relationships

Connecting with small business owners is about building relationships. Our data helps you identify key decision-makers and reach out to them directly. Whether you’re offering products, services, or partnerships, our data empowers you to connect with the right people at the right time.

Privacy and Security

We are committed to protecting your data and the privacy of our contacts. Our data collection and handling processes adhere to strict privacy regulations, ensuring your peace of mind.

Continuous Improvement

We are constantly enhancing our small business contact data solution to provide you with the most accurate and up-to-date information. Our commitment to quality ensures that you have the best possible data to support your business growth.

Global Coverage

Our small business contact data covers a wide range of countries, including the United States, Canada, the United Kingdom, Germany, France, Australia, Japan, China, India, Brazil, and many more.

Industries We Cover

Our data spans across various industries, including finance, technology, healthcare, retail, energy, transportation, hospitality, and more.

Comprehensive Business Information

In addition to contact details, our database includes valuable information about business size and revenue, enabling you to target specific segments of the small business market.

Our Global Small Business Contact Data is more than just a list of contacts; it’s a powerful tool to help you achieve your business goals. By providing accurate, comprehensive, and actionable data, we empower you to connect with small businesses, build lasting relationships, and drive growth.

In 2021, about **** million small business firms with employees were counted in the United States. That same year, there were around ** million non-employer small businesses.

About 1.5 million jobs are created in the US every year by small businesses alone. This means that 64% of all job creation comes from small businesses.

According to a new study, women started 49% of new businesses in the United States in 2021. This is way up from 28% in 2019.

Small Business Market size was valued at USD 1901 Billion in 2023 and is projected to reach USD 3305 Billion by 2031, growing at a CAGR of 8.6% during the forecast period 2024-2031.Global Small Business Market DriversThe market drivers for the Small Business Market can be influenced by various factors. These may include:Digital Transformation: Small businesses are increasingly adopting digital tools and technologies to streamline operations, enhance customer engagement, and gain a competitive edge. Cloud computing, e-commerce platforms, CRM systems, and digital marketing are among the key technologies that small businesses are leveraging to scale and improve efficiency. This digital shift has been accelerated by the COVID-19 pandemic, which underscored the necessity of having an online presence and digital infrastructure.Access to Capital: Small business financing is becoming more accessible, with the rise of alternative lending platforms, microloans, and crowdfunding. Traditional banks are also adapting by offering more flexible loan products tailored to small businesses. Government initiatives and grants aimed at stimulating economic recovery post-pandemic have provided additional sources of funds, empowering small business growth and expansion.Remote Work and Flexibility: The trend toward remote work has opened new possibilities for small businesses to tap into talent pools beyond their geographic confines. This flexibility not only helps in cutting operational costs related to office space but also attracts a diverse workforce. Hybrid and remote working models have forced small businesses to adopt agile practices and invest in collaboration tools and cybersecurity measures.Consumer Preference for Local and Niche Products: There is a growing consumer trend favoring local, unique, and ethically sourced products. Small businesses have capitalized on this by offering personalized and authentic customer experiences that big corporations can’t easily replicate. Emphasizing local origins and sustainability often resonates well, driving customer loyalty and repeat business.Regulatory Changes: Changes in regulatory landscapes, including tax reforms, labor laws, and trade policies, can significantly impact small businesses. For instance, the recent shifts towards more favorable tax regulations for small and medium enterprises (SMEs) can ease financial burdens and encourage entrepreneurship. Compliance with new standards also drives innovation as small businesses adapt and optimize their operations.Technological Integration and Automation: The integration of AI and automation in small business operations is on the rise. These technologies help in optimizing supply chains, enhancing customer service with chatbots, and driving data-driven decision-making processes. Automation tools that manage inventory, customer relationships, and financial transactions reduce manual workloads and improve efficiency.Economic Recovery and Consumer Spending: The post-pandemic economic recovery has generally boosted consumer confidence and spending, which in turn benefits small businesses. Government stimulus packages and economic incentives have further stimulated spending and investment in the SME sector, leading to growth opportunities and market expansion.E-commerce Growth: The massive shift towards online shopping has opened up new sales channels for small businesses. E-commerce platforms like Shopify, Etsy, and Amazon make it easier for small businesses to reach a global audience. Additionally, advancements in payment gateways, logistics, and delivery services support small businesses in managing and fulfilling online orders seamlessly.Business Support Ecosystems: There is an expanding ecosystem of incubators, accelerators, mentoring programs, and business networks that offer crucial support to small businesses. These platforms provide funding, advocacy, mentorship, and educational resources, creating a robust support system that helps small businesses thrive and scale.Sustainability and Green Practices: Growing awareness and concern for the environment have led small businesses to adopt sustainable and eco-friendly practices. Whether it’s reducing carbon footprints, utilizing renewable energy, or offering green products and services, these practices appeal to environmentally conscious consumers and can lead to cost savings and enhanced brand reputation.

Data collected as part of the City of Melbourne's Census of Land Use and Employment (CLUE). The data covers the period 2002-2022. It shows number of jobs and number of business establishments by business size, classified by their CLUE industry, ANZSIC1 and CLUE small area allocation. Business size is determined by the total number of jobs at ech business establishment and is categorised as follows: Non employing, no jobs allocated to the establishment.Small business, 1 to 19 jobs employed at a business establishment.Medium business, 20 to 199 jobs employed at a business establishment.Larger business, 200 or more jobs employed at a business establishment. This dataset has been confidentialised to protect the commercially sensitive information of individual businesses. Data in cells which pertain to two or fewer businesses have been suppressed and are shown as a blank cell. The 'City of Melbourne' row totals refer to the true total, including those suppressed cells.Non-confidentialised data may be made available subject to a data supply agreement. For more information contact clue@melbourne.vic.gov.auFor CLUE small area spatial files see https://data.melbourne.vic.gov.au/explore/dataset/small-areas-for-census-of-land-use-and-employment-clue/mapFor more information about CLUE see http://www.melbourne.vic.gov.au/clueFor more information about the ANZSIC industry classification system see http://www.abs.gov.au/ausstats/abs@.nsf/mf/1292.0

Small Business Market Outlook 2032

The global small business market size was USD 2,572 Billion in 2023 and is projected to reach USD 4,985 Billion by 2032, expanding at a CAGR of 8.50% during 2024–2032. The market growth is attributed to the proliferation of small businesses.



Growing number of small businesses are becoming the backbone of global economies, driving innovation and creating employment opportunities. They are not confined to traditional brick-and-mortar establishments and are embracing digital platforms to reach a wider audience. A novel application of small businesses is the rise of micro-consulting, where individuals with specialized knowledge offer their expertise on a project-by-project basis, thereby reducing overhead costs and providing flexible, tailored solutions for clients.



Growing regulatory changes are impacting the small business landscape. The most recent being the General Data Protection Regulation (GDPR) implemented by the European Union, which applies to all businesses, regardless of size, that handle personal data of EU citizens.



This regulation has significant implications for small businesses, as it necessitates stringent data protection measures. Non-compliance results in hefty fines, thus, it is likely to increase the demand for data security services and impact how small businesses manage customer data.

Impact of Artificial Intelligence (AI) in Small Business Market

Artificial Intelligence (AI) has a considerable impact on the small business market. These enterprises automate routine tasks by integrating AI into their operations, thereby increasing efficiency and reducing operational costs. AI's predictive analytics capabilities enable these businesses to anticipate market trends and customer behavior, facilitating strategic decision-making.



AI-powered customer service tools, such as </span

The below table shows a complete breakdown of employer businesses owned by minorities.

This statistic shows the estimated Gross Domestic Product of small businesses and large businesses in the United States in 2010, by industry. In 2008, the information industry accounted for about *** billion U.S. dollars of the national GDP. The majority was contributed by large businesses. Small businesses made about ** billion U.S. dollars worth of GDP.

Average yearly sales and revenue growth for small and medium enterprises in 2020 by region, CMA level, North American Industry Classification System (NAICS), demographics, age of business, employment size, rate of growth, etc.

Success.ai delivers comprehensive access to Small Business Contact Data, tailored to connect you with North American entrepreneurs and small business leaders. Our extensive database includes verified profiles of over 170 million professionals, ensuring direct access to decision-makers in various industries. With AI-validated accuracy, continuously updated datasets, and a focus on compliance, Success.ai empowers businesses to enhance their marketing, sales, and recruitment efforts while staying ahead in a competitive market.

Key Features of Success.ai's Small Business Contact Data:

Extensive Coverage: Access profiles for small business owners and entrepreneurs across the United States, Canada, and Mexico. Our database spans multiple industries, from retail to technology, providing diverse business insights.

Verified Contact Details: Each profile includes work emails, phone numbers, and firmographic data, enabling precise and effective outreach.

Industry-Specific Data: Target key sectors such as e-commerce, professional services, healthcare, manufacturing, and more, with tailored datasets designed to meet your specific business needs.

Real-Time Updates: Continuously updated to maintain a 99% accuracy rate, our data ensures that your campaigns are always backed by the most current information.

Ethical and Compliant: Fully compliant with GDPR and other global data protection regulations, ensuring ethical use of all contact data.

Why Choose Success.ai for Small Business Contact Data?

Best Price Guarantee: Enjoy the most competitive pricing in the market, delivering exceptional value for comprehensive and verified contact data.

AI-Validated Accuracy: Our advanced AI systems meticulously validate every data point to deliver unmatched reliability and precision.

Customizable Data Solutions: From hyper-targeted regional datasets to comprehensive industry-wide insights, we tailor our offerings to meet your exact requirements.

Scalable Access: Whether you're a startup or an enterprise, our solutions are designed to scale with your business needs.

Comprehensive Use Cases for Small Business Contact Data:

1. Targeted Marketing Campaigns:

Refine your marketing strategy by leveraging verified contact details for small business owners. Execute highly personalized email, phone, and multi-channel campaigns with precision.

1. Sales Prospecting:

Identify and connect with decision-makers in key industries. Use detailed profiles to enhance your sales outreach, close deals faster, and build long-term client relationships.

1. Recruitment and Talent Acquisition:

Discover small business leaders and key players in specific industries to strengthen your recruitment pipeline. Access up-to-date profiles for sourcing top talent.

1. Market Research:

Gain insights into small business trends, operational challenges, and industry benchmarks. Leverage this data for competitive analysis and market positioning.

1. Local Business Engagement:

Foster partnerships with small businesses by identifying community leaders and entrepreneurial influencers in your target regions.

APIs to Enhance Your Campaigns:

Enrichment API: Integrate real-time updates into your CRM and marketing systems to maintain accurate and actionable contact data. Perfect for businesses looking to improve lead quality.

Lead Generation API: Maximize your lead generation efforts with access to verified contact details, including emails and phone numbers. Tailored for precise targeting of small business decision-makers.

Tailored Solutions for Diverse Needs:

Marketing Agencies: Create targeted campaigns with verified data for small business owners across diverse sectors.

Sales Teams: Drive revenue growth with detailed profiles and direct access to decision-makers.

Recruiters: Build a talent pipeline with current and verified data on small business leaders and professionals.

Consultants: Provide data-driven recommendations to clients by leveraging detailed small business insights.

What Sets Success.ai Apart?

170M+ Profiles: Access a vast and detailed database of small business owners and entrepreneurs.

Global Standards Compliance: Rest assured knowing all data is ethically sourced and compliant with global privacy regulations.

Flexible Integration: Seamlessly integrate data into your existing workflows with customizable delivery options.

Dedicated Support: Our team of experts is always available to ensure you maximize the value of our solutions.

Empower Your Outreach with Success.ai:

Success.ai’s Small Business Contact Data is your gateway to building meaningful connections with North American entrepreneurs. Whether you're driving targeted marketing campaigns, enhancing sales prospecting, or conducting in-depth market research, our verified datasets provide the tools you need to succeed.

Get started with Success.ai today and unlock the potential of verified Small Business ...

Obstacles to business growth and level of impact of obstacle to small and medium enterprises in 2020 by region, CMA level, North American Industry Classification System (NAICS), demographics, age of business, employment size, rate of growth, etc.

Small business transactions and revenue data aggregated from several credit card processors, collected by Womply and compiled by Opportunity Insights. Transactions and revenue are reported based on the ZIP code where the business is located. Data provided for CT (FIPS code 9), MA (25), NJ (34), NY (36), and RI (44). Data notes from Opportunity Insights: Seasonally adjusted change since January 2020. Data is indexed in 2019 and 2020 as the change relative to the January index period. We then seasonally adjust by dividing year-over-year, which represents the difference between the change since January observed in 2020 compared to the change since January observed since 2019. We account for differences in the dates of federal holidays between 2019 and 2020 by shifting the 2019 reference data to align the holidays before performing the year-over-year division. Small businesses are defined as those with annual revenue below the Small Business Administration’s thresholds. Thresholds vary by 6 digit NAICS code ranging from a maximum number of employees between 100 to 1500 to be considered a small business depending on the industry. County-level and metro-level data and breakdowns by High/Middle/Low income ZIP codes have been temporarily removed since the August 21st 2020 update due to revisions in the structure of the raw data we receive. We hope to add them back to the OI Economic Tracker soon. More detailed documentation on Opportunity Insights data can be found here: https://github.com/OpportunityInsights/EconomicTracker/blob/main/docs/oi_tracker_data_documentation.pdf

One of the cool things about most small business owners is that they come from all different demographics and backgrounds.