Providence-Warwick, RI-MA

Business Ideas & Market Opportunities

The Providence-Warwick market is currently outpacing the national growth rate. Our analysis identifies 133 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

53,067

Total Competition Pool

Market Size

1.7M

Total Metro Population

5-Year Growth Rate

+5.0%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

161

Niches with LQ < 0.8

Analyst Tip

Viewing all opportunities. Use the View Mode toggle above to filter by business model, or search to find specific niches.

Showing 20 of 459 opportunities

Other Management Consulting Services

Growth
+242.9%
Scale
$425K PAY
Saturation
0.31
24 establishments

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)

Growth
+200.0%
Scale
$2.6M PAY
Saturation
1.61
15 establishments

Mobile Food Services

Growth
+157.1%
Scale
$70K PAY
Saturation
1.14
72 establishments

Other Spectator Sports

Growth
+150.0%
Scale
$110K PAY
Saturation
0.65
10 establishments

All Other Miscellaneous Ambulatory Health Care Services

Growth
+133.3%
Scale
$648K PAY
Saturation
0.73
35 establishments

Coffee and Tea Manufacturing

Growth
+120.0%
Scale
$1.6M PAY
Saturation
2.32
11 establishments

Telecommunications Resellers

Growth
+116.7%
Scale
$248K PAY
Saturation
0.74
13 establishments

All Other Legal Services

Growth
+100.0%
Scale
$113K PAY
Saturation
0.67
20 establishments

Family Planning Centers

Growth
+100.0%
Scale
$458K PAY
Saturation
0.87
14 establishments

All Other Automotive Repair and Maintenance

Growth
+85.7%
Scale
$140K PAY
Saturation
0.50
13 establishments

New Multifamily Housing Construction (except For-Sale Builders)

Growth
+85.7%
Scale
$299K PAY
Saturation
0.66
13 establishments

All Other Miscellaneous Chemical Product and Preparation Manufacturing

Growth
+85.7%
Scale
$4.5M PAY
Saturation
2.47
13 establishments

Other Warehousing and Storage

Growth
+83.3%
Scale
$3.9M PAY
Saturation
0.87
11 establishments

Musical Groups and Artists

Growth
+77.8%
Scale
$319K PAY
Saturation
0.55
16 establishments

All Other Transit and Ground Passenger Transportation

Growth
+76.9%
Scale
$144K PAY
Saturation
2.22
23 establishments

Direct Property and Casualty Insurance Carriers

Growth
+76.7%
Scale
$7.7M PAY
Saturation
1.46
76 establishments

Breweries

Growth
+76.2%
Scale
$502K PAY
Saturation
1.50
37 establishments

Local Messengers and Local Delivery

Growth
+75.0%
Scale
$945K PAY
Saturation
1.29
35 establishments

Software Publishers

Growth
+73.2%
Scale
$3.4M PAY
Saturation
0.77
71 establishments

Packing and Crating

Growth
+71.4%
Scale
$207K PAY
Saturation
1.67
12 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Providence-Warwick:

1

Demographic Fit

Does the local population age or income level explain the "Supply Gaps"? (e.g., A gap in luxury services may be due to lower local income).

2

Regulatory Check

Verify local licensing requirements. High barriers to entry often protect "High Yield" sectors from new competition.

3

Competitor Health

Investigate the "Momentum" sectors. Are existing businesses thriving, or is the growth due to high turnover and failure rates?