Band 5 of 5

Little protection left

Not much stands between this business and its pressures. 1,263 of the 10,525 companies assessed, 12.0%.

Where they are, by sector

Sector	In this band	Share of sector
Crypto and digital asset companies	69	20.5%
Education companies	57	19.9%
E-commerce and marketplaces	47	17.6%
Design and creative software	37	20.4%
AI companies and labs	34	12.9%
BPO and customer operations firms	33	19.3%
Enterprise and productivity software	32	19.4%
Job boards and HR platforms	32	11.5%
Consumer brands	28	8.5%
Creator economy and media tech	28	21.4%
Gaming companies	26	9.5%
Vertical and industry software	24	10.5%
Financial data and information services	24	9.0%
Logistics and supply chain companies	23	7.1%
Food tech and alternative protein	23	19.8%
Payments companies	21	5.9%
Consumer platforms	21	12.8%
Universities and education institutions	19	17.3%
Insurance technology companies	17	10.5%
Rail and transport infrastructure	16	7.5%
Real estate developers	16	7.4%
Medical technology and health companies	14	6.9%
Cybersecurity companies	14	4.7%
Automotive companies	13	13.8%
Robotics and industrial automation	11	10.5%
Broadcast and traditional media	10	6.6%
Accounting, tax and business software	9	5.1%
Consumer internet and adtech companies	9	8.3%
IT services and system integrators	9	3.7%
Staffing and recruitment firms	8	7.8%
Banks and financial groups	8	4.7%
Semiconductor companies	8	5.0%
Telecom operators	8	5.3%
Telecom infrastructure	7	5.6%
Data and analytics companies	7	6.9%
Space, defense and state enterprises	6	3.3%
Translation and localization companies	6	42.9%
Industrial materials and energy	6	6.8%
Manufacturing companies	6	1.8%
Retail and consumer conglomerates	6	2.9%
Biotech tools companies	6	6.1%
Cloud and infrastructure providers	4	2.7%
Pharma and healthcare groups	1	0.5%
Advertising and professional services	1	0.7%

Notable names

Complete lists live on each sector league, where every company in the band is ranked in context. Every company also appears in the A to Z index.

Adjacent bands

Losing its protection 4,346 companies, one step more protected

Crypto and digital asset companies: 69 companies little protection left →