Orange County, California, is a hub of economic growth and cultural diversity. With its sunny weather and a population of over 3 million, Orange County offers a thriving environment for businesses. The OC’s strong economy is driven by a highly educated workforce and a collaborative spirit that aims to build economic equity and enhance affordability for all residents.

With a diverse economic landscape within 34 incorporated cities, the Southern California gem offers endless opportunities to start a business for entrepreneurs and established companies alike. With our seasoned Orange County business planning professionals, BSBCON is here to help you navigate the local market and achieve success.

Travel & Tourism

Orange County’s travel and tourism industry is a significant contributor to its economy. In 2023, tourism spending in Orange County grew by 5.3% to reach $15.8 billion, surpassing pre-pandemic levels. Iconic destinations including the Disneyland Resort and Huntington Beach attract millions of visitors annually. The Disneyland Resort alone employs about 35,000 workers and drew an estimated 26 million visitors in 2022. Orange County tourism generates substantial tax revenue, with $728 million in local taxes and another $584 million for the state. As the state’s fourth-largest tourism region, Orange County’s travel and tourism sector continues to flourish, offering immense potential for new businesses.

Life Sciences & Healthcare

The life sciences and healthcare industry in Orange County is robust and rapidly growing. Employing nearly 200,000 people across 17,500 establishments, this sector has doubled in size over the past 20 years and is projected to expand by another 20% in the next decade. Major healthcare providers such as Providence St. Joseph’s, MemorialCare, and Kaiser Permanente have a significant presence in the region. OC is also home to three of the best hospitals in California, ensuring top-notch healthcare services for residents and a reliable workforce for enterprises with responsive business planning. The county’s strong educational programs in healthcare further support this industry’s growth, making it an ideal location for businesses in this sector.

Information Technology & Digital Media

Orange County boasts the third most diverse high-tech sector in the United States, with significant growth in cybersecurity, FinTech, and E-sports. The Information Technology and Analytical Instruments cluster employs over 35,000 people, and the broader tech sector, including telecommunications and computer systems design, supports 100,000 jobs. Orange County’s investment in education, such as the National Centers of Academic Excellence in Cyber Defense, ensures a continuous supply of top cybersecurity talent. The region’s thriving tech ecosystem further includes 40 organizations dedicated to supporting and growing tech companies, propelling Orange County’s venture capital investment into the top 10 of all U.S. metros.

Advanced Transportation & Renewable Energy

Orange County is emerging as a leader in advanced transportation and renewable energy, with over 60,000 people employed in this sector. The county hosted the Sustainability Decathlon in 2023, showcasing innovative solutions for transitioning to 100% renewable energy. California’s mandate that all new cars be zero emissions by 2035 positions Orange County at the forefront of this growing market. Major employers such as Boeing, Rivian, and Southern California Gas Company are driving advancements in clean energy technologies and innovation. The Orange County region’s commitment to renewable energy and advanced transportation makes it a prime location for businesses focused on sustainability and innovation.