MSP Market Sees Growth Through 2022
We have another strong market forecast for managed services, this one provided by Market Research Future. According to their latest report, "Managed Services Market - Forecast to 2022" the managed services industry is predicted to continuing growing through 2022 at a CAGR of 11%.
Among the key drivers behind this growth are:
- Rise in digital information
- Security around digital information
- Increased usage of heterogenous networks
In terms of geographic regions, the report stated that North America is still dominant in terms of market representation, although APAC is projected to grow rapidly in the same time period.
Although reports like these are nice to see, they fall into a typical pattern of research focusing on large enterprise companies (many of the software and hardware vendors) and ignore the providers who take these solutions to market, the real MSP professionals.
Still, it is comforting to see our profession continue its global growth.