How big is the cloud MSP Market

Q: What is the current size of the cloud MSP market?

The cloud MSP market was valued at USD鈥�23.8鈥痓illion in 2024 and is projected to reach USD鈥�59.1鈥痓illion by 2031.

Q: What is the growth rate of the cloud MSP market?

The cloud MSP market is expected to grow at a CAGR of 14.1% during the forecast period of 2025 to 2031.

Q: Which applications contribute the most in the cloud MSP market?

Cloud migration, security services, monitoring, disaster recovery, and cost optimization.

Q: What is driving demand in the cloud MSP market?

Hybrid cloud growth, need for expert cloud management, cost-efficiency, and compliance pressure.

Q: What challenges does the cloud MSP market face?

Vendor lock-in risks, integration complexity, talent shortage, and evolving cybersecurity threats.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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How big is the Cloud MSP Market | Industry Analysis & Insights 2025

Code: MTA5413

Publication Date: Jul 2025

How big is the Cloud MSP Market?

According to 绿帽社 internal database and industry insights, the cloud MSP market was valued at approximately USD鈥�23.8鈥痓illion in 2024 and is projected to reach USD鈥�59.1鈥痓illion by 2031, growing at a CAGR of 14.1%.

This growth is driven by the rising adoption of hybrid and multi-cloud environments, increasing need for managed services, and growing demand for security, compliance, and cost optimization.

Key Growth Drivers of the Cloud MSP Market

Rising cloud complexity requiring expert-managed services and 24/7 support
Growth in SMBs and enterprises outsourcing cloud operations to reduce costs
Increasing demand for cloud security, backup, and disaster recovery solutions
Rapid digital transformation and need for scalable cloud infrastructure
Growing focus on regulatory compliance and managed DevOps services

Cloud MSP Market Trends

The cloud MSP market is witnessing rising integration of automation and AI in service delivery for predictive analytics and issue resolution. Clients are seeking bundled offerings with cloud migration, monitoring, and support included. There’s growing demand for industry-specific MSPs in sectors like healthcare, finance, and retail. North America leads the market, while Asia-Pacific is expanding due to digital initiatives and enterprise cloud adoption. MSPs are also offering FinOps consulting for cloud cost control and resource optimization.

Emerging Developments in the Cloud MSP Market

Vendors are implementing the unified cloud management platform that is incorporated with AIOps, SIEM, and infrastructure as code (IaC). Cloud MSPs are adding multi-cloud optimization services to support AWS, Azure, and GCP environments simultaneously. Environmental consulting services, better known as green cloud advisory, are on the rise as they are used to assist customers to minimize energy consumption and carbon footprint.

Regional MSPs are taking part in strategic alliances with hyperscalers to improve local delivery capacity. Another thing that has increased is cloud-native MSPs that provide CI/CD automation, container orchestration, and zero-trust security framework.