The AME Group ranks among the world’s Top 100 Vertical Market MSPs (http://www.channelE2E.com/top100) for 2023, according to ChannelE2E, a CyberRisk Alliance resource.
The annual list and research report identify and honor the top 100 MSPs in healthcare, legal, government, financial services, manufacturing and additional vertical markets. Additionally, this year’s report revealed key MSP business, security and market trends and affirms that vertical market MSPs have vastly expanded their managed security capabilities.
The AME Group ranked in the Top 5 Manufacturing MSPs. In addition to managed IT services, backup and recovery, and managed security, The AME Group ranks in the top ERP resellers, specializing in Manufacturing.
This eighth annual list reveals healthcare is a top market for managed service providers with vertical specialties. The AME Group ranked for healthcare in 2021.
Among the report findings in the Top 100 MSPs:
- In total, the top vertical market MSPs generated revenues of $2.87 billion in 2022 compared to $2.25 billion in 2021, representing a 27.5% increase year over year.
- In 2022, MSPs consolidated more heavily into two vertical markets in particular – Healthcare and Financial Services/Banking. Healthcare, which was also the biggest market last year, remains the largest, and also the biggest mover, increasing from 18% in 2021 to 31% in 2022.
- Financial Services knocked Manufacturing out of the number 2 slot this year, growing from 13% in 2021 to 23% in 2022.
Rankings are based on annual recurring revenues in specific markets for the calendar year of 2022.
“ChannelE2E and CyberRisk Alliance congratulate The AME Group on this honor,” said Jessica C. Davis, editorial director of ChannelE2E, a CyberRisk Alliance resource. “Vertical market MSPs tend to grow faster and enjoy better margins than the rest of the pack. They are able to specialize, standardizing their technology stacks for their specific vertical markets and training their staff to best serve those verticals, leading to more efficient operations.”
ChannelE2E’s Top 100 Vertical Market MSPs list and research report are overseen by Jessica C. Davis, Editorial Director, MSSP Alert and ChannelE2E.
Click here to download the list and associated report.
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