MSP software market is anticipated to grow at a considerable CAGR of 12.3% during the forecast period. MSP software helps to deliver services in combination with different service providers. It offers various applications such as application, network, security, infrastructure, and other through on-going and continuous support along with the live administration on the customer’s premises. The key factor propelling the market growth includes the growing requirement of outsourcing IT services. Cloud storage, security, authentication, and infrastructure management are some of the examples of these services. MSP software assists businesses in filling gaps as and when required at a lower labor cost. These factors are driving the growth of the global MSP software market significantly.
Segmental Outlook
The global MSP software market is segmented based on the type, deployment model, organization size and vertical. Based on the type, the market is segmented into a managed data center, managed network, managed mobility, managed infrastructure, managed backup & recovery, managed communication, managed information, and managed security. Based on the deployment model, the market is bifurcated into on-premises and cloud-based. Based on the organization size, the market is sub-segmented into large, and small & medium companies. Further, based on verticals, the market is sub-segmented into government, BFSI, transport & logistics, IT & telecommunication, manufacturing, automotive, healthcare & life science, and others. Among verticals segment, the manufacturing sub-segment is expected to cater to a prominent market share over the forecast period owing to the high adoption rate of sensors and connected devices.
The Manufacturing Sub-Segment is Anticipated to Hold a Prominent Share in the Global MSP Software Market
In the current technology-driven business environment, big data is one of the manufacturers' primary drivers of productivity and efficiency. With the high rate of adoption of sensors and connected devices and the enabling of M2M (machine-to-machine) communication, there has been a massive increase in the data points that are generated in the manufacturing industry. Industries are pitching hard and fast to switch to a smart industry, where data generation and visualization can become real-time. From descriptive to predictive, the evolution of analytics has made the industry aware of the benefits it can reap from this volume of data. The motto of the manufacturing industry is moving toward a metrics-based sector, which can improve decision-making based on the data-driven use of statistics.
As most small and medium manufacturing industries are more concentrated on hardware equipment and lack expertise in software solutions, they are outsourcing these big data analytic solutions. Outsourcing software services are further reducing their expenditure. Outsourcing other software services, such as field service management and enterprise resource planning (ERP), is expected to boost managed services during the forecast period.
Regional Outlooks
The global MSP software market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific regional market is expected to cater to considerable growth over the forecast period, however, the North American region is projected to hold a prominent share of the MSP software market.
Global MSP Software Market Growth, by Region 2023-2030
North America is Anticipated to Hold a Prominent Share of the Global MSP Software Market
Among all the regions, North America is expected to hold a prominent share of the global MSP software market over the forecast period. The key factor supporting the regional market growth includes the presence of developed economies such as the US and Canada. These countries comprise several giant technological companies. Further, the IT firms established in the US are focusing on reducing operational expenses. They are also focusing on implementing a variety of managed services which will improve the efficiency of its operation. In addition, businesses operating in the US are increasingly relying on MSPs, primarily for IT support services, to remain competitive in the face of ongoing digitization.
Market Players Outlook
The major companies serving the global MSP Software market include IBM Corp., Accenture PLC, Tata Consultancy Services (TCS), Infosys Ltd., Wipro Ltd., and among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2022, Tata Consultancy Services (TCS) became the partner of Microsoft Cloud for Retail, launched recently. Through this partnership, TCS will collaborate with leading retailers and its multi-horizon cloud transformation framework as part of this partnership to help retail clients accelerate their growth and transformation journeys using microsoft cloud for retail.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
.1.1. By Segments
.1.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global MSP Software Market by Type
4.1.1. Managed Data Center
4.1.2. Managed Network
4.1.3. Managed Mobility
4.1.4. Managed Infrastructure
4.1.5. Managed Backup & Recovery
4.1.6. Managed Communication
4.1.7. Managed Information
4.1.8. Managed Security
4.2. Global MSP Software Market by Deployment Model
4.2.1. On-Premise
4.2.2. Cloud-Based
4.3. Global MSP Software Market by Organization Size
4.3.1. Large Companies
4.3.2. Small and Medium Companies
4.4. Global MSP Software Market by Verticals
4.4.1. Government
4.4.2. BFSI
4.4.3. Transport & Logistics
4.4.4. IT & telecommunication
4.4.5. Manufacturing & Automotive
4.4.6. Healthcare & Life Sciences
4.4.7. Others (Retail, Education, Energy, & Utilities)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Accenture PLC
6.2. Alcatel-Lucent Enterprise
6.3. AT&T Inc.
6.4. Avaya Inc.
6.5. BMC Software, Inc.
6.6. CA Technologies, Inc.
6.7. Cisco Systems, Inc.
6.8. DXC Tec SolarWinds MSP UK Ltd.hnology
6.9. Fujitsu Ltd.
6.10. Hewlett Packard Enterprise Development LP
6.11. IBM Corp.
6.12. Infosys Ltd.
6.13. International Business Machines Corp.
6.14. Kaseya
6.15. Lenovo Group Ltd.
6.16. ManageEngine
6.17. OptiTune
6.18. Paraleap Technologies, LLC
6.19. Tata Consultancy Services (TCS)
6.20. Telefonaktiebolaget LM Ericsson
6.21. Wipro Ltd.
6.22. WebTitan
1. GLOBAL MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
2. GLOBAL MANAGED DATA CENTER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL MANAGED NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL MANAGED MOBILITY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL MANAGED INFRASTRUCTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL MANAGED BACKUP & RECOVERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL MANAGED COMMUNICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL MANAGED INFORMATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL MANAGED SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2022-2030 ($ MILLION)
11. GLOBAL ON-PREMISES MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL CLOUD-BASED MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2022-2030 ($ MILLION)
14. GLOBAL MSP SOFTWARE FOR LARGE COMPANIES MARKET RESEARCH AND ANALYSIS BY RE-GION, 2022-2030 ($ MILLION)
15. GLOBAL MSP SOFTWARE FOR SMALL ND MEDIUM COMPANIES MARKET RESEARCH AND ANAL-YSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2022-2030 ($ MIL-LION)
17. GLOBAL MSP SOFTWARE FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. GLOBAL MSP SOFTWARE FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
19. GLOBAL MSP SOFTWARE FOR TRANSPORT & LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
20. GLOBAL MSP SOFTWARE FOR IT & TELECOMMUNICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
21. GLOBAL MSP SOFTWARE FOR MANUFACTURING & AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
22. GLOBAL MSP SOFTWARE FOR HEALTHCARE & LIFE SCIENCES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
23. GLOBAL MSP SOFTWARE FOR OTHER VERTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
24. GLOBAL MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MIL-LION)
25. NORTH AMERICAN MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
26. NORTH AMERICAN MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
27. NORTH AMERICAN MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2022-2030 ($ MILLION)
28. NORTH AMERICAN MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2022-2030 ($ MILLION)
29. NORTH AMERICAN MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
30. EUROPEAN MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
31. EUROPEAN MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MIL-LION)
32. EUROPEAN MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2022-2030 ($ MILLION)
33. EUROPEAN MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2022-2030 ($ MILLION)
34. EUROPEAN MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
35. ASIA-PACIFIC MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
36. ASIA-PACIFIC MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MIL-LION)
37. ASIA-PACIFIC MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2022-2030 ($ MILLION)
38. ASIA-PACIFIC MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2022-2030 ($ MILLION)
39. ASIA-PACIFIC MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
40. REST OF THE WORLD MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
41. REST OF THE WORLD MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
42. REST OF THE WORLD MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2022-2030 ($ MILLION)
43. REST OF THE WORLD MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2022-2030 ($ MILLION)
44. REST OF THE WORLD MSP SOFTWARE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
1. GLOBAL MSP SOFTWARE MARKET SHARE BY TYPE, 2022 VS 2030 (%)
2. GLOBAL MANAGED DATA CENTER MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL MANAGED NETWORK MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL MANAGED MOBILITY MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL MANAGED INFRASTRUCTURE MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL MANAGED BACKUP & RECOVERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL MANAGED COMMUNICATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL MANAGED INFORMATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL MANAGED SECURITY MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL MSP SOFTWARE MARKET SHARE BY DEPLOYMENT MODEL, 2022 VS 2030 (%)
11. GLOBAL ON-PREMISES MSP SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL CLOUD-BASED MSP SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL MSP SOFTWARE MARKET SHARE BY ORGANIZATION SIZE, 2022 VS 2030 (%)
14. GLOBAL MSP SOFTWARE FOR LARGE COMPANIES MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL MSP SOFTWARE FOR SMALL & MEDIUM COMPANIES MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL MSP SOFTWARE MARKET SHARE BY VERTICAL, 2022 VS 2030 (%)
17. GLOBAL MSP SOFTWARE FOR GOVERNMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. GLOBAL MSP SOFTWARE FOR BFSI MARKET SHARE BY REGION, 2022 VS 2030 (%)
19. GLOBAL MSP SOFTWARE FOR TRANSPORT & LOGISTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
20. GLOBAL MSP SOFTWARE FOR IT & TELECOMMUNICATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
21. GLOBAL MSP SOFTWARE FOR MANUFACTURING & AUTOMOTIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
22. GLOBAL MSP SOFTWARE FOR HEALTHCARE & LIFE SCIENCES MARKET SHARE BY REGION, 2022 VS 2030 (%)
23. GLOBAL MSP SOFTWARE FOR OTHER VERTICALS MARKET SHARE BY REGION, 2022 VS 2030 (%)
24. GLOBAL MSP SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
25. US MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
26. CANADA MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
27. UK MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
28. FRANCE MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
29. GERMANY MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
30. ITALY MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
31. SPAIN MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
32. REST OF EUROPE MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
33. INDIA MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
34. CHINA MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
35. JAPAN MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
36. SOUTH KOREA MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
37. REST OF ASIA-PACIFIC MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
38. REST OF THE WORLD MSP SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)