Show Me the Money: Partners See Margins in Managed Services

Channel partners focusing on managed services will see significant growth in 2023. But where’s the growth coming from?

Christine Horton, Contributing Editor

September 28, 2023

6 Slides

Managed services are a golden goose for channel partners, according to new figures. Managed services revenues are on course to exceed $472 billion globally this year. The represents double-digit growth and surpasses the estimated 3.5% growth in overall IT spending in 2023, says research from Cisco and Canalys. (Canalys and Channel Futures share a parent company, Informa.)

Customer needs and growing expectations of IT investments are driving the surge in managed services, according to the research.

The growth is fuelled by a rising demand for cybersecurity services and expertise. More than half (56%) of channel partners expect revenue growth from managed cybersecurity services in 2023.

Managed service providers (MSPs) are uniquely positioned to help companies adapt to emerging technologies and optimize IT investments with agile and customizable solutions that meet business needs and challenges,” said the research’s author

See the slideshow above to find out what’s driving the managed services growth and how the regions compare.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Christine Horton or connect with her on LinkedIn.


About the Author(s)

Christine Horton

Contributing Editor, Channel Futures

Christine Horton writes about all kinds of technology from a business perspective. Specializing in the IT sales channel, she is a former editor and now regular contributor to leading channel and business publications. She has a particular focus on EMEA for Channel Futures.

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