WEB Service Leadership Q2 Data Report Reveals Slowing Managed Service Revenue Growth Worldwide
Correction
WEB CORRECTION - Service Leadership Q2 Data Report Reveals Slowing Managed Service Revenue Growth Worldwide.
Highlights
Insights into the MSP Industry
The report unveiled significant insights into the global managed service provider (MSP) industry and identified several key trends.
Slowing Revenue Growth
The report determined that the managed service revenue growth rate has slowed down worldwide, with all predominant business models (PBMs) reporting a decline in growth.
MSP Performance
The data revealed a net increase in the number of MSPs, while 16% reported a loss, down from 19% in Q1 2024.
Improving Profitability
Despite slowing revenue growth, MSPs have been enhancing their profitability through various strategies.
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