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The Managed IT Services (MSP) industry is experiencing robust growth, driven by increasing digital transformation, cybersecurity threats, and the need for cost-effective IT management. SMBs are increasingly outsourcing IT to focus on core operations. Cloud adoption and hybrid work models further fuel demand for comprehensive, proactive, and secure IT solutions. Competition remains high, but specialized services and strategic partnerships are key for success.
Total Assets Under Management (AUM)
Managed Services Market Size in United States
~329.81 billion USD
(13.6% CAGR)
- Growth in cloud-based services.
- Rising demand for cybersecurity.
- Increased IT outsourcing by SMBs.