The ongoing digital transformation has been one of the biggest drivers of market change, with larger enterprises digitalizing business processes, highlighting the non-negotiable need for survival.
Smaller organizations are adopting cloud infrastructure and new technologies, replacing older IT components that MSPs traditionally managed, complicating the service providers' income stability.
MSPs struggle to keep up with constantly changing cyber threats, as they have to juggle numerous risks and triage their clients' needs, similar to treating critical injuries.
A report projects a growth rate of 13.6% for managed services from 2023 to 2030, indicating rising demand but requiring MSPs to adapt to customer challenges.
#managed-service-providers #digital-transformation #cybersecurity #cloud-infrastructure #business-growth
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