August 19, 2020
Managed Service Provider (MSP) Market Overview 2020
Properly managed IT and cybersecurity services is mission critical to every industry, especially those facing increased regulation of consumer data privacy. Despite this, there is widespread fragmentation in the Managed Service Provider (MSP) market with a select few able to overcome geographic and operational barriers and build economies of scale. The over 25,000 MSPs in operation are typically limited in geography and face increasing commodification. The resulting fragmentation and remarkable market growth – projected at 11.7% CAGR between 2019 and 2025 – is fueling investment and consolidation in the space.
For further analysis on the current MSP market outlook, download the full report below.
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Managing Director, Clearsight Advisors