How Big Is the MSP Market | Size, Share & Growth Forecast 2025

Q: What is driving growth in the MSP industry?

Growth is driven by digital transformation, increasing cyber threats, and the need for cost-effective IT management solutions.

Q: What are the latest trends in the MSP market?

Key trends include cybersecurity-focused services, cloud migration, and integration of advanced analytics.

Q: What are the primary restraints faced by MSP market?

Major restraints include rising competition, managing multi-cloud environments, and compliance with regulations.

Q: What are the future projections for the MSP market?

The MSP market is expected to surpass USD 621. 8 billion by 2031.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA7081

Publication Date: Jul 2025

How Big Is the MSP Market?

According to 6Wresearch internal database and industry insights, the MSP Market was valued at USD 302.2 Billion in 2024 and is projected to reach USD 621.8 Billion by 2031, expanding at a CAGR of 11.8% during 2025–2031.

The growing complexity of IT infrastructures, rising cybersecurity risks, and the quick transition to cloud-based services are the main factors of augmenting market growth. To cut expenses and obtain cutting-edge technologies without having to make significant capital investments, businesses are increasingly outsourcing their IT operations to MSPs.

Key Growth Factors of the Managed Service Provider (MSP) Market

Demand for cloud management services across businesses has increased.
Adoption of managed security services is prompted by rising cybersecurity risks.
Rapid growth in remote work models necessitates round-the-clock IT supervision and support.
SMEs and large corporations are increasingly embracing digital transformation.
IoT and edge computing ecosystem growth, requiring managed infrastructure
Benefits of cost savings over internal IT departments

MSP Market Trends

In the upcoming years, the managed service provider (MSP) market is anticipated to see significant trends. Multi-cloud management platforms, for example, are widely used and assist companies in optimizing hybrid cloud environments.

The growth of managed services tailored to industries, like healthcare, finance, and manufacturing IT solutions, is another significant trend. Furthermore, outcome-driven SLAs and subscription-based models are becoming more popular.

Emerging Developments in the MSP Market

In the MSP Market, key developments include integration of AI for proactive threat detection, automated incident response systems, and self-service portals for clients.

MSPs are also increasingly offering compliance-as-a-service to meet regulations like GDPR and HIPAA. Furthermore, partnerships with hyperscale cloud providers are shaping the competitive landscape.