April 17, 2018
Datto's 2018 State of the MSP Report
Recently, we surveyed roughly 2,300 MSPs worldwide on their day-to-day lives and how they approach their businesses. Today, we published the key findings in Datto's second annual State of the MSP Report which provides insights into the demographic and psychographic traits -- and business challenges -- of today’s MSPs.
“We work with our MSP partners every day to help them achieve their business goals,” stated Rob Rae, Vice President, Business Development, Datto. “With this survey, we have a better understanding of their evolving challenges, preferences and quirks to better support them in the future. We think it’s important to share these results so the entire ecosystem can benefit from understanding the needs of this growing IT industry sector. Plus, like many of our MSP partners, we are also partial to Star Wars over Star Trek.”
The survey covered a range of topics, including business and lifestyle questions, to better understand what interests or motivates an MSP executive while managing their business every day. Key findings from the survey included:
60% of MSPs serve less than 100 clients, followed by 20% that serve 101-200 clients
Marketing and sales tops the list of MSP challenges (53%) for 2018, followed by staffing and training (41%), growing pains (28%), and ransomware and cybersecurity (26%)
75% of MSPs stated they still offer break-fix services
MSPs focus on servicing customers in a specific vertical market, including healthcare (53%), finance (49%) and manufacturing (48%)
Yes, it’s true; 68% prefer Star Wars over Star Trek
92% of MSPs are active on social media, led by Facebook and LinkedIn; Reddit is the preferred forum for connecting with industry peers to discuss issues and solutions
Marketing and sales is the biggest challenge faced by MSPs, which includes lead generation, hiring sales talent, cold calling and market differentiation. Staffing and training follows, with MSPs challenged by recruiting quality technology, sales and marketing talent, training and retention. Datto offers several tools to help MSPs with these challenges throughout the report.
For more detailed findings from Datto’s 2018 State of the MSP Report, download the full report.