Legal, manufacturing and accounting industries were the most popular verticals served by companies at the top of the 2016 list of most successful managed services providers.

Aldrin Brown, Editor-in-Chief

August 5, 2016

1 Min Read
Top MSP501 Companies Report Vertical Market Focus

Nearly three quarters of companies at the top of this year’s MSP501 Worldwide List and Ranking of managed services providers (MSPs) reported serving clients in specific vertical industries.

Of the top 19 companies on the list, 13 – the largest share – reported focusing on legal customers.

Other key vertical markets include manufacturing, accounting and banking and financial services, each served by 11 of the top 19 MSPs.

Just five of the top 19 firms, or slightly more than 26 percent of MSPs, said they had no vertical market focus.

The data shows most MSPs have heeded advice to target at least one vertical market.

Complete data from this year MSP501 survey is available for purchase, including detailed responses from all companies about the vertical markets they’ve pursued.

But a glance at last year’s report shows some differences between the verticals targeted by this year’s top-ranked MSPs, and the broader list of all MSP501 firms.

In the 2015 ranking, the largest share of MSP501 companies reported serving the professional services vertical (64 percent), with legal coming in second (60 percent).

The banking and financial services (59 percent), healthcare (59 percent) and accounting (54 percent) industries rounded out the Top 5.

Among the top companies in the 2016 ranking, 52.6 percent reported a vertical market focus on professional services, while fewer than half (47.37 percent) serve healthcare.

Click here for full information about the 2016 MSP501 Worldwide List and Ranking.


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About the Author(s)

Aldrin Brown

Editor-in-Chief, Penton

Veteran journalist Aldrin Brown comes to Penton Technology from Empire Digital Strategies, a business-to-business consulting firm that he founded that provides e-commerce, content and social media solutions to businesses, nonprofits and other organizations seeking to create or grow their digital presence.

Previously, Brown served as the Desert Bureau Chief for City News Service in Southern California and Regional Editor for Patch, AOL's network of local news sites. At Patch, he managed a staff of journalists and more than 30 hyper-local and business news and information websites throughout California. In addition to his work in technology and business, Brown was the city editor for The Sun, a daily newspaper based in San Bernardino, CA; the college sports editor at The Tennessean, Nashville, TN; and an investigative reporter at the Orange County Register, Santa Ana, CA.


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