IT Managed Services

October 21, 2025

Between 2022 and 2027, the managed services market is projected to experience a compound annual growth rate of roughly 12.44 percent. As a result, the size of the global managed services market is expected to almost double over the next several years, from a total size of $161 billion in 2021 to over $311 billion by 2027.

Experts recently identified small- and medium-sized businesses (SMBs) as the primary drivers of this growth, with roughly 95% of managed services providers’ (MSP) clients identifying as SMBs with 500 or fewer employees. This document highlights some to the key advantages of partnering with a managed services provider and why CPP Associates may be your ideal choice.