NEW YORK, October 19, 2022 /PRNewswire/ — Technavio tracks the MSP software market, operates under the industrial market. The report estimates that the market will register an incremental growth of USD 178.85 million, at a CAGR of 12.01% during the forecast period. The report offers an up-to-date analysis about the current market situation, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the level of fragmentation will accelerate during the forecast period. Competitors need to focus on differentiating their product offerings with unique value propositions to strengthen their market position. Market vendors also need to capitalize on current growth prospects in fast-growing segments, while maintaining their positions in slow-growing segments.
Acronis International GmbH, AT and T Inc., Atera Networks Ltd., Auvik Networks Inc., Bravura Software LLC, Cisco Systems Inc., ConnectWise LLC, DNSFilter Inc., Hewlett Packard Enterprise Co., Hornetsecurity Ltd., Infosys Ltd., International Business Machines Corp., Opmantek Software Pty Ltd., ServiceNow Inc., Wipro Ltd., Ziff Davis LLC, and Zoho Corp. Pvt. Ltd. are among some of the major market participants. Request the Latest Free sample report.
Increasing adoption of IoT solutions has been instrumental in driving the growth of the market. However, Data privacy and security risk in cloud-based services may hinder the market growth.
MSP Software Market Segmentation
Based on geographic segmentation, 37% of the market comes from North America during the forecast period. In addition, On-premise led the growth under the deployment segment. This report provides an accurate forecast of the contribution of all segments to the growth of the superfood powder market size. Purchase a Sample Report.
On-premise MSP software market share will expand significantly. Compared to the cloud-based segment in the MSP software market throughout the forecast period, the on-premise segment is expected to experience significant revenue growth. Compared to SaaS-based managed services, on-premises MSP software is more secure due to end-to-end quality control. Large client organizations, which focus more on function than price, therefore control the market.
Scope of the MSP Software Market
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The MSP software market The report covers the following areas:
This study identifies the increased adoption of bring your own device (BYOD) policy as one of the key factors driving the growth of the MSP Software Market over the next few years.
Key Highlights of the MSP Software Market
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CAGR of the market during the forecast period
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Detailed information on the factors that will aid the growth of the MSP software market over the next five years
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Estimating the size of the MSP software market and its contribution to the parent market
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Predictions of upcoming trends and changes in consumer behavior
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The growth of the MSP software market
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Analysis of the competitive market landscape and detailed information on vendors
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Comprehensive details of factors that will challenge the growth of the MSP software market, vendors
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Scope of the MSP Software Market |
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Report Scope |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum and CAGR |
Accelerate at a CAGR of 12.01% |
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Market growth 2022-2026 |
$178.85 million |
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Market structure |
piece by piece |
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YoY growth (%) |
11.67 |
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Regional analysis |
North America, Europe, APAC, South America, and the Middle East and Africa |
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Makes a contribution to the market |
North America at 37% |
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Major buyer countries |
US, China, Germany, France, and UK |
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Competitive landscape |
Leading companies, competitive strategies, scope of consumer interaction |
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Companies profiled |
Acronis International GmbH, AT and T Inc., Atera Networks Ltd., Auvik Networks Inc., Bravura Software LLC, Cisco Systems Inc., ConnectWise LLC, DNSFilter Inc., Hewlett Packard Enterprise Co., Hornetsecurity Ltd., Infosys Ltd., International Business Machines Corp., Kaseya Ltd., LogicMonitor Inc., Opmantek Software Pty Ltd., ServiceNow Inc., TitanHQ, Trend Micro Inc., Wipro Ltd., Ziff Davis LLC, and Zoho Corp. Pvt. Ltd. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast growing and slow growing segment analysis, impact on COVID-19 and future consumer dynamics, and market condition analysis for the forecast period. |
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Purpose of customization |
If our report doesn’t include the data you’re looking for, you can contact our analysts and customize segments. |
Table of contents:
1 Executive Summary
2 Market Landscape
3 Market Measurement
4 Five Forces Analysis
5 Market Segmentation by Deployment
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
About us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 expert analysts, Technavio’s report library consists of more than 17,000 reports and counts, covering 800 technologies, covering 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within the changing market situations.
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