As managed services continue to grow rapidly, MSPs have many issues to navigate while seeking to expand their capabilities and grow their customer bases.

According to ResearchandMarkets, the managed services market is expected to grow from a little more than $152 billion this year to nearly $258 billion by 2022. IT budget constraints for installation and implementation of required hardware and software, limited IT support to manage and support managed services, and the need for greater scalability are major factors that are likely to drive the adoption of cloud managed services in the coming years.

“The demand for managed services has never been higher, but service providers must keep an eye on emerging trends to avoid significant revenue drops caused by changes in the market,” said JD Helms, president of CloudJumper.

In the gallery below, SolarWinds MSP, CloudJumper and Kaseya provide 10 trends expected to impact MSPs next year.