IT procurement is rapidly shifting towards a services-led model in the channel, as highlighted by the annual CRN Managed Service Provider 500 list. This comprehensive list showcases the top managed service providers leading the way in the industry.
The demand for managed services continues to grow, with businesses and organizations turning to MSPs and managed security service providers to meet their IT needs. This trend is driven by a desire to reduce capital spending, accelerate business transformation initiatives, and address the shortage of skilled IT workers.
Access to cutting-edge information technologies is a key driver of managed services adoption, especially with the rise of new AI products and services in the IT industry. SMBs are looking to MSPs to provide AI solutions without the complexity typically associated with these technologies.
According to a report from MarketsandMarkets, the global managed services market is projected to reach $511.03 billion by 2029, growing at a CAGR of 6.9 percent. This includes services such as managed IT infrastructure, data center services, network services, security services, communications and collaboration services, mobility services, and information management.
CRN has released the 2025 Managed Service Provider 500 list, recognizing North American MSPs and MSSPs for their innovation and growth. MSP executives shared insights on their businesses, emerging technology opportunities, challenges, and the potential of GenAI in 2025.
The MSP 500 list is divided into three categories: MSP Elite 150 with extensive managed services portfolios for midmarket and enterprise customers, MSP Pioneer 250 focusing on SMB customers, and Managed Security 100 highlighting cloud-based security services. Check out CRN.com for more details on the top MSPs in the industry.