Numata Makes ChannelE2E's 2023 Top 100 Vertical Market MSPs List

Eighth annual list reveals healthcare is a top market for managed service providers with vertical specialities  

10 July 2023, London, United Kingdom: Numata Business IT ranks among the world’s Top 100 Vertical Market MSPs ( for 2023, according to ChannelE2E, a CyberRisk Alliance resource.

The annual list and research report identify and honour 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. 

Among the report findings:

  • 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.

Numata Business IT was ranked among the top vertical market MSPs in Financial Services/Banking.

"We are incredibly honoured to be ranked among the top 80 MSPs globally in the financial services and banking vertical market once again," said Jakobus Koorts, Chief Executive Officer of Numata. "This achievement not only highlights our commitment to excellence but also affirms our dedication to simplifying and supporting technology to help people build successful businesses. We are proud of the team at Numata for their relentless efforts and unwavering dedication, which have been instrumental in achieving this recognition. We are equally grateful to our clients and partners; with their invaluable input and continued support, we are able to reach milestones such as this." 

"ChannelE2E and CyberRisk Alliance congratulate Numata Business IT on this honour,” 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.

About Numata Business IT

Numata is a leading global business technology services and solutions provider for SMEs, with offices in the United Kingdom, Ireland and South Africa. As Business Technology Strategists for SMEs, we are passionate about business and technology, and even more so when we align innovative technology solutions and services that enable businesses to thrive. That's why we started Numata in 2004: to provide small to medium-sized businesses with access to enterprise-grade IT designed to solve their business problems, manage their technology risks, and ensure their employees are supported, protected, and productive wherever they are. Our mission is to help your business become more scalable, agile, secure, and competitive.

About CyberRisk Alliance 

CyberRisk Alliance (CRA) is a business intelligence company serving the high growth, rapidly evolving cybersecurity community with a diversified portfolio of services that inform, educate, build community, and inspire an efficient marketplace. Our trusted information leverages a unique network of journalists, analysts and influencers, policymakers, and practitioners. CRA’s brands include SC Media, Security Weekly, ChannelE2E, MSSP Alert, InfoSec World, Identiverse, Cybersecurity Collaboration Forum, its research unit CRA Business Intelligence, the peer-to-peer CISO membership network, Cybersecurity Collaborative, the Official Cyber Security Summit, TECHEXPO Top Secret, and now LaunchTech Communications. Click here to learn more. 

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