5 Emerging Managed Service Trends That Will Rule in 2022

Managed Services Providers (MSPs) worldwide can expect multidimensional changes in the industry as they navigate industry-specific requirements, experience market consolidation, and adopt futuristic technologies in 2022.A report by Gartner forecasted that IT spending across the globe will surpass $4 trillion in 2022 [1]. Moreover, a Spiceworks Ziff Davis (SWZD) ‘2022 State of IT’ report that surveyed over 1,000 businesses across multiple countries found that over 50% of the IT buyers plan on increasing their IT budgets by 26% (on average) [2]. And while about 30% of the total IT spendings would go towards hardware, over 26% would go towards cloud services.