GETWAB

02 / Market Size

How large is the NAICS 523120 federal market?

Net obligations$460.2K
Contract actions33
Vendors4
Federal customers4
Contracting offices4
Average action$13.9K
Largest action$377.5K
Data coverageFY 2019–FY 2025

03 / Spending Trend

NAICS 523120 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.

Latest closed fiscal year-$332.4K
FY 2025
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2019$75.9K622
FY 2020$246.6K844+224.8%
FY 2021$110.0K622−55.4%
FY 2022$370.4K922+236.7%
FY 2023-$10.2K111−102.8%
FY 2024-$0111+100.0%
FY 2025-$332.4K211−1,661,977,850.0%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2019–FY 2025.

Federal customerCodeObligationsActionsVendorsMarket share
OFFICE OF THE COMPTROLLER OF THE CURRENCY2046$300.0K9165.2%
SECURITIES AND EXCHANGE COMMISSION5000$158.2K22134.4%
DEPT OF THE ARMY2100$3.0K110.6%
BUREAU OF THE FISCAL SERVICE2036-$90011-0.2%

05 / Contracting Offices

Which contracting offices buy in NAICS 523120?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top Vendors

Which contractors lead the NAICS 523120 market?

VendorObligationsActionsCustomersMarket shareLatest activity
CHARLES SCHWAB & CO., INC$300.0K9165.2%Sep 24, 2024
RL CONSULTING SERVICES INC$158.2K22134.4%Apr 2, 2025
REAGENT WORLD, INC.$3.0K110.6%May 1, 2020
UBS FINANCIAL SERVICES INC.-$90011-0.2%Dec 2, 2019

07 / Product and Service Mix

What products and services are purchased under NAICS 523120?

PSCDescriptionObligationsActionsVendorsShare
R710SUPPORT- MANAGEMENT: FINANCIAL$299.1K10265.0%
R424SUPPORT- PROFESSIONAL: EXPERT WITNESS$158.2K22134.4%
W023LEASE OR RENTAL OF EQUIPMENT- GROUND EFFECT VEHICLES, MOTOR VEHICLES, TRAILERS, AND CYCLES$3.0K110.6%

08 / Buying Pattern

How does the government buy in NAICS 523120?

Not available for competition66.7%22 actions
Competed27.3%9 actions
Other / unknown6.1%2 actions
Other than small business share99.4%$457.2K
Small business share0.6%$3.0K
Common action typeObligationsActions
DEFINITIVE CONTRACT$462.7K30
PURCHASE ORDER-$2.4K3

09 / Recent Contract Awards

What was awarded most recently in NAICS 523120?

10 / Market Interpretation

How should contractors evaluate this market?

01

Start with the spending direction

Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $460.2K market as addressable.