Are SIC Codes Still Used?
As of 2020, SIC Codes are still commonly used in the B2B marketing industries as well as in some government agencies. There has been a push towards the use of NAICS Codes in government sectors for statistical and contracting purposes, however, SIC Codes remain the standard for marketing and classification in the private sector. There are over 10,000 unique SIC Codes in comparison to 1,057 NAICS Codes, which allows for more precise targeting in marketing campaign and better analysis of client profiles.
