Thriving in Managed Services Growth
The US Managed Services market is rapidly expanding due to IT complexity, security needs, and innovation.
Managed Service Providers
Market Analysis
The US Managed Services market is experiencing robust growth, with a projected CAGR of 10.82% to 13.3% between 2024 and 2030, and market value estimates rising from $62.02 billion in 2024 to up to $183.47 billion by 2030. This expansion is fueled by increasing IT complexity, advancements in cloud computing, rising security needs, and demand for cost efficiency. However, growth is tempered by the shortage of skilled IT professionals and legacy system challenges. Overall, the market remains in a growing phase, with North America poised to maintain the largest share, underscoring significant opportunities for service providers.
~
$
62
B
Market Value 2024 (U.S)
~
$
149.9
B
Market Value 2030 (U.S)
10.82
%
CAGR (U.S)
Key Market Drivers
Increasing Complexity of IT Environments
Cloud Computing Advancements
Need for Enhanced Security
Market Inhibitors
Shortage of Skilled IT Professionals
Legacy Systems
Market Competition and Price Pressure
Our Insights
The US MSP sector is entering an era of accelerated growth and consolidation, presenting both vast opportunities and heightened complexity. Business owners must prioritize differentiation—through innovation, specialization, and exceptional service—as competition intensifies and regulatory demands mount. Strategic investments in AI-driven security, compliance automation, and customer-centric multi-cloud solutions will be critical to sustain relevance. Proactively navigating shifting regulatory landscapes and forming targeted partnerships can further unlock value. Ultimately, success hinges on agility: embracing emerging technologies, fostering operational adaptability, and continually evolving service models to address the dynamic needs of SMBs and enterprise clients alike in an increasingly digital ecosystem.
Key Players in The Industry
IBM
Provides a broad range of IT services, including managed services, consulting, and technology solutions.
Accenture
Offers a wide array of services, including consulting, technology, and managed services.
Infosys
Provides IT consulting, outsourcing, and managed services to clients worldwide.
Recent
M&A Activity
The MSP industry is experiencing a massive consolidation wave, driven by increasing demand for cloud adoption, digital transformation, and cybersecurity solutions. Private equity firms are playing a significant role, employing rollup strategies to acquire multiple MSPs. The MSP market is projected to reach $1 trillion by 2033, with a strong CAGR of 12.9%. Key trends include a surge in PE investment, the adoption of AI-driven security solutions, and a focus on third-party risk management and privacy automation.
Acquisition
Dec 29, 2023
Accenture acquired a company
Enhance strategy and architecture capabilities.
Acquisition
Dec 1, 2023
Insight Enterprises acquired SADA
Strengthen multi-cloud solutions.
Acquisition
Nov 29, 2023
BlueVoyant acquired a subsidiary of United Data Technologies
Expand focus beyond the private sector.
