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Key Industries

Professional, Scientific and Technical Services

Baltimore is one of only three cities in the country listed in the top ten in growth and employment concentration in the professional, scientific and technical services industry.

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Educational Services

The Baltimore Educational Services Industry is one of the strongest in the country, and the educated workforce it produces drives the growth of other area industries. Greater Baltimore boasts the top ranked public school system in the country, a variety of highly acclaimed colleges and universities and is the number four metro in the country for advanced degrees.

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Information Technology & Defense Contracting

The Washington-Baltimore region has a larger base and higher concentration of IT professionals than Silicon Valley or Boston. Thanks in part to its proximity to the Federal Government, Baltimore has become a premier location for defense contracting.

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Biosciences 

Baltimore offers a strong bioscience community through state and regional networks, and local companies benefit from the proximity to federal agencies. The area is rich with bioscience startups and boasts $1.08 billion in venture capital funding since 2005. The premier national bioscience research institution, The Johns Hopkins University, is located in the heart of Greater Baltimore and is surrounded by growing research laboratories.

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Health Care Services

Baltimore is home to the best hospitals in the country and is full of world-class institutions, practitioners, and medical schools. Health care services in the area have seen rapid expansion and investment in critical infrastructure, helping the nationally recognized Baltimore health care industry grow even stronger.

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Gaming & Simulation

The growing gaming and simulation market in Baltimore is supported by a number of area colleges that provide specialized training to meet the needs of Maryland gaming firms. Over 32,000 people are employed in Maryland gaming firms in specialties such as Systems and Applications Software Development, Multimedia Artists and Animators and Computer Programmers. Baltimore offers the unique opportunity to design simulations for the military, Northrop Grumman and Johns Hopkins to teach strategic and operational response.

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Government

After the nation’s capital, Baltimore is the largest federal government hub in the US, with over 73,000 residents employed by the Federal Government. Greater Baltimore boasts the highest concentration of state government employees in the 25 largest metros. Greater Baltimore is home to some of the nation’s most critical agencies, including the NSA, Social Security and the US Cyber Command. The area expects unique growth opportunities thanks to the Base Realignment and Closure Act (BRAC).

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Not-for-Profits

Greater Baltimore is consistently at the forefront of national not-for-profit industries. The region’s not-for-profits make a national and global impact on scientific discovery, disaster relief, affordable housing, and civil rights. Baltimore is home to national not-for-profit leaders like the Baltimore Symphony Orchestra, Johns Hopkins University and the Maryland Science Center.

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Financial Services

Baltimore is fast becoming a popular location for expanding financial firms thanks to a strong foundation in wealth management and a highly educated workforce. A top ten market for investment banking occupations, Baltimore also offers a strong market for specialties such as:

  • Insurance and Employee Benefit Funds
  • Securities, Commodity Contracts, and Investments
  • Consumer Lending
  • Portfolio Management

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Entrepreneurship

The entrepreneurial climate of the area is matched by few, if any, other cities in the US. The region is a great launching pad for startups thanks to excellent local incubators, access to venture capital, and its location on the Northeast Corridor. Baltimore has given rise to Under Armour and other national success stories.

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Headquarters & Regional Offices

As an integral part of the New Economy, Greater Baltimore has leveraged its position on the Northeast US Corridor to become a hub of headquarters and strategic regional offices. As one of the most educated major metros, the area consistently has one of the highest concentrations of management talent in the country.

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Manufacturing

Baltimore remains a top contributor in the manufacturing industry. Baltimore manufacturing has benefitted from its Northeast Corridor location and is home to one of the most prolific ports in the country. Baltimore manufacturing is also benefitted by Class I railroads and overnight trucking access to one third of the country’s population.

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