Number of Technology Companies in the United States

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Number of Technology Companies in the United States

We have curated nine pieces of information, data, and/or statistics surrounding segmentation in the United States tech industry. This has included, but not been limited to, the number of businesses in the segmentation, as well as any facts pertaining to the segmentation. As we mentioned in the initial hour of research, we were unable to find recent publicly available sources for this data. As agreed upon, for this research, we have looked at older sources which will provide some recent historical perspective. We are defining older sources as those from 2017, 2018, and 2019. These older sources leverage McKinsey, Deloitte, as well as other credible and reliable thought leaders. Of course, when we came across more recent data, we used those sources, and we clearly mentioned the year they were from. To provide one cohesive document that could be referred to, we brought over the six early relevant findings from the initial hour of research, which can be found at the end of this document.

As a reminder, we wanted to restate that we are of the opinion that there are no publicly available sources that provide the number of U.S. technology companies that ONLY serve other businesses (B2B Technology companies) and/or are ONLY B2B tech companies. This is simply not available, and this research reflects only what the selected scoping offered.


  • According to data from Statistica, the number of artificial intelligence (AI) companies in the United States as of June 2018 was 2,028.

  • According to 2019 McKinsey research, investments in new mobility start-ups have been trending upwards. "Since 2010, investors have poured $220 billion into more than 1,100 companies across ten technology clusters." However, when McKinsey reflected in an August 2020 report on how COVID-19 has affected mobility tech companies, they stated that "[a]gainst a backdrop of mass layoffs, disrupted travel, and public-transit ridership down 70 to 90% in the world’s major cities, shared mobility—and mobility in general—is struggling. In particular, rumors of the demise of shared mobility are everywhere. Suddenly, private cars are in, shared rides are out, and the best-laid plans of mobility players appear to be in tatters." However, McKinsey also asserts that "[o]ne realistic scenario has tech players seizing the moment to secure their stakes in the mobility industry. They possess tremendous cash reserves, and COVID-19 did not hurt them as hard as the traditional economy. A potential secondary effect: cross-industry cooperation on new technologies could intensify as players pool scarce resources."

From the Initial Hour of Research

  • "There were 8,775 financial technology (Fintech) startups in North America in February 2020, making it the region with the most Fintech startups globally. In comparison, there were 7,385 such startups in Europe, the Middle East, and Africa, followed by 4,765 in the Asia Pacific region." Specific up-to-date United States data was not publicly available.
  • There are more than "6,500 medical device companies in the United States" with the majority of them being small and medium-sized enterprises (SMEs).
  • "There are 6,829 SaaS companies in the marketing space alone."

Research proposal:

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