Selected research
Industry Research
Managed Service Provider (MSP) Industry Research Report 2026
Market perspective
The global Managed Service Provider (MSP) market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Managed Service Provider (MSP) market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Managed Service Provider (MSP) market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Managed Service Provider (MSP) market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Managed Service Provider (MSP) include IBM, Atos, InfoSys, Cognizant, Wipro, Tata Consultancy Services, HCL Technologies, Capgemini and Datapipe, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Managed Service Provider (MSP) market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Managed Service Provider (MSP).
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Managed Service Provider (MSP) Market by Company
IBM
Atos
InfoSys
Cognizant
Wipro
Tata Consultancy Services
HCL Technologies
Capgemini
Datapipe
Accenture
Intellias
Bluewolf
Infopulse
Itransition
BairesDev
Fulcrum Digital
Trianz
Ciklum
BJSS
DataArt
VirtusaPolaris
Liaison Technologies
IT Svit
TechMD
ServerCentral Turing Group
eMazzanti Technologies
Switchfast Technologies
F12.net
TEAM International
QA Consultants
Managed Service Provider (MSP) Segment by Type
Managed IT Infrastructure & Data Center Services
Managed Network Services
Managed Security (Cybersecurity) Services
Managed Cloud Services
Managed Communication & Collaboration Services
Managed Mobility Services
Managed Information Services
Backup & Disaster Recovery (BCDR) Services
Next-Generation Technology Management
Managed Service Provider (MSP) Segment by Application
BFSI
Healthcare & Life Sciences
Retail & Consumer Goods
Manufacturing
IT & Telecommunications
Government & Public Sector
Energy & Utilities
Media & Entertainment
Others
Managed Service Provider (MSP) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Managed Service Provider (MSP) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Managed Service Provider (MSP) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Managed Service Provider (MSP).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Managed Service Provider (MSP) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Managed IT Infrastructure & Data Center Services
- Managed Network Services
- Managed Security (Cybersecurity) Services
- Managed Cloud Services
- Managed Communication & Collaboration Services
- Managed Mobility Services
- Managed Information Services
- Backup & Disaster Recovery (BCDR) Services
- Next-Generation Technology Management
Applications
- BFSI
- Healthcare & Life Sciences
- Retail & Consumer Goods
- Manufacturing
- IT & Telecommunications
- Government & Public Sector
- Energy & Utilities
- Media & Entertainment
- Others
Companies covered
- IBM
- Atos
- InfoSys
- Cognizant
- Wipro
- Tata Consultancy Services
- HCL Technologies
- Capgemini
- Datapipe
- Accenture
- Intellias
- Bluewolf
- Infopulse
- Itransition
- BairesDev
- Fulcrum Digital
- Trianz
- Ciklum
- BJSS
- DataArt
- VirtusaPolaris
- Liaison Technologies
- IT Svit
- TechMD
- ServerCentral Turing Group
- eMazzanti Technologies
- Switchfast Technologies
- F12.net
- TEAM International
- QA Consultants
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Managed Service Provider (MSP) by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Managed IT Infrastructure & Data Center Services
- 2.2.3 Managed Network Services
- 2.2.4 Managed Security (Cybersecurity) Services
- 2.2.5 Managed Cloud Services
- 2.2.6 Managed Communication & Collaboration Services
- 2.2.7 Managed Mobility Services
- 2.2.8 Managed Information Services
- 2.2.9 Backup & Disaster Recovery (BCDR) Services
- 2.2.10 Next-Generation Technology Management
- 2.3 Managed Service Provider (MSP) by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 BFSI
- 2.3.3 Healthcare & Life Sciences
- 2.3.4 Retail & Consumer Goods
- 2.3.5 Manufacturing
- 2.3.6 IT & Telecommunications
- 2.3.7 Government & Public Sector
- 2.3.8 Energy & Utilities
- 2.3.9 Media & Entertainment
- 2.3.10 Others
- 2.4 Assumptions and Limitations
3 Managed Service Provider (MSP) Breakdown Data by Type
- 3.1 Global Managed Service Provider (MSP) Historic Market Size by Type (2021-2026)
- 3.2 Global Managed Service Provider (MSP) Forecasted Market Size by Type (2027-2032)
4 Managed Service Provider (MSP) Breakdown Data by Application
- 4.1 Global Managed Service Provider (MSP) Historic Market Size by Application (2021-2026)
- 4.2 Global Managed Service Provider (MSP) Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Managed Service Provider (MSP) Market Perspective (2021-2032)
- 5.2 Global Managed Service Provider (MSP) Growth Trends by Region
- 5.2.1 Global Managed Service Provider (MSP) Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Managed Service Provider (MSP) Historic Market Size by Region (2021-2026)
- 5.2.3 Managed Service Provider (MSP) Forecasted Market Size by Region (2027-2032)
- 5.3 Managed Service Provider (MSP) Market Dynamics
- 5.3.1 Managed Service Provider (MSP) Industry Trends
- 5.3.2 Managed Service Provider (MSP) Market Drivers
- 5.3.3 Managed Service Provider (MSP) Market Challenges
- 5.3.4 Managed Service Provider (MSP) Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Managed Service Provider (MSP) Players by Revenue
- 6.1.1 Global Top Managed Service Provider (MSP) Players by Revenue (2021-2026)
- 6.1.2 Global Managed Service Provider (MSP) Revenue Market Share by Players (2021-2026)
- 6.2 Global Managed Service Provider (MSP) Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Managed Service Provider (MSP) Head Office and Area Served
- 6.4 Global Managed Service Provider (MSP) Players, Product Type & Application
- 6.5 Global Managed Service Provider (MSP) Manufacturers Established Date
- 6.6 Global Managed Service Provider (MSP) Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Managed Service Provider (MSP) Market Size (2021-2032)
- 7.2 North America Managed Service Provider (MSP) Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Managed Service Provider (MSP) Market Size by Country (2021-2026)
- 7.4 North America Managed Service Provider (MSP) Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Managed Service Provider (MSP) Market Size (2021-2032)
- 8.2 Europe Managed Service Provider (MSP) Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Managed Service Provider (MSP) Market Size by Country (2021-2026)
- 8.4 Europe Managed Service Provider (MSP) Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Managed Service Provider (MSP) Market Size (2021-2032)
- 9.2 Asia-Pacific Managed Service Provider (MSP) Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Managed Service Provider (MSP) Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Managed Service Provider (MSP) Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Managed Service Provider (MSP) Market Size (2021-2032)
- 10.2 South America Managed Service Provider (MSP) Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Managed Service Provider (MSP) Market Size by Country (2021-2026)
- 10.4 South America Managed Service Provider (MSP) Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Managed Service Provider (MSP) Market Size (2021-2032)
- 11.2 Middle East & Africa Managed Service Provider (MSP) Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Managed Service Provider (MSP) Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Managed Service Provider (MSP) Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 IBM
- 12.1.1 IBM Company Information
- 12.1.2 IBM Business Overview
- 12.1.3 IBM Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.1.4 IBM Managed Service Provider (MSP) Product Portfolio
- 12.1.5 IBM Recent Developments
- 12.2 Atos
- 12.2.1 Atos Company Information
- 12.2.2 Atos Business Overview
- 12.2.3 Atos Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.2.4 Atos Managed Service Provider (MSP) Product Portfolio
- 12.2.5 Atos Recent Developments
- 12.3 InfoSys
- 12.3.1 InfoSys Company Information
- 12.3.2 InfoSys Business Overview
- 12.3.3 InfoSys Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.3.4 InfoSys Managed Service Provider (MSP) Product Portfolio
- 12.3.5 InfoSys Recent Developments
- 12.4 Cognizant
- 12.4.1 Cognizant Company Information
- 12.4.2 Cognizant Business Overview
- 12.4.3 Cognizant Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.4.4 Cognizant Managed Service Provider (MSP) Product Portfolio
- 12.4.5 Cognizant Recent Developments
- 12.5 Wipro
- 12.5.1 Wipro Company Information
- 12.5.2 Wipro Business Overview
- 12.5.3 Wipro Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.5.4 Wipro Managed Service Provider (MSP) Product Portfolio
- 12.5.5 Wipro Recent Developments
- 12.6 Tata Consultancy Services
- 12.6.1 Tata Consultancy Services Company Information
- 12.6.2 Tata Consultancy Services Business Overview
- 12.6.3 Tata Consultancy Services Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.6.4 Tata Consultancy Services Managed Service Provider (MSP) Product Portfolio
- 12.6.5 Tata Consultancy Services Recent Developments
- 12.7 HCL Technologies
- 12.7.1 HCL Technologies Company Information
- 12.7.2 HCL Technologies Business Overview
- 12.7.3 HCL Technologies Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.7.4 HCL Technologies Managed Service Provider (MSP) Product Portfolio
- 12.7.5 HCL Technologies Recent Developments
- 12.8 Capgemini
- 12.8.1 Capgemini Company Information
- 12.8.2 Capgemini Business Overview
- 12.8.3 Capgemini Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.8.4 Capgemini Managed Service Provider (MSP) Product Portfolio
- 12.8.5 Capgemini Recent Developments
- 12.9 Datapipe
- 12.9.1 Datapipe Company Information
- 12.9.2 Datapipe Business Overview
- 12.9.3 Datapipe Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.9.4 Datapipe Managed Service Provider (MSP) Product Portfolio
- 12.9.5 Datapipe Recent Developments
- 12.10 Accenture
- 12.10.1 Accenture Company Information
- 12.10.2 Accenture Business Overview
- 12.10.3 Accenture Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.10.4 Accenture Managed Service Provider (MSP) Product Portfolio
- 12.10.5 Accenture Recent Developments
- 12.11 Intellias
- 12.11.1 Intellias Company Information
- 12.11.2 Intellias Business Overview
- 12.11.3 Intellias Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.11.4 Intellias Managed Service Provider (MSP) Product Portfolio
- 12.11.5 Intellias Recent Developments
- 12.12 Bluewolf
- 12.12.1 Bluewolf Company Information
- 12.12.2 Bluewolf Business Overview
- 12.12.3 Bluewolf Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.12.4 Bluewolf Managed Service Provider (MSP) Product Portfolio
- 12.12.5 Bluewolf Recent Developments
- 12.13 Infopulse
- 12.13.1 Infopulse Company Information
- 12.13.2 Infopulse Business Overview
- 12.13.3 Infopulse Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.13.4 Infopulse Managed Service Provider (MSP) Product Portfolio
- 12.13.5 Infopulse Recent Developments
- 12.14 Itransition
- 12.14.1 Itransition Company Information
- 12.14.2 Itransition Business Overview
- 12.14.3 Itransition Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.14.4 Itransition Managed Service Provider (MSP) Product Portfolio
- 12.14.5 Itransition Recent Developments
- 12.15 BairesDev
- 12.15.1 BairesDev Company Information
- 12.15.2 BairesDev Business Overview
- 12.15.3 BairesDev Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.15.4 BairesDev Managed Service Provider (MSP) Product Portfolio
- 12.15.5 BairesDev Recent Developments
- 12.16 Fulcrum Digital
- 12.16.1 Fulcrum Digital Company Information
- 12.16.2 Fulcrum Digital Business Overview
- 12.16.3 Fulcrum Digital Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.16.4 Fulcrum Digital Managed Service Provider (MSP) Product Portfolio
- 12.16.5 Fulcrum Digital Recent Developments
- 12.17 Trianz
- 12.17.1 Trianz Company Information
- 12.17.2 Trianz Business Overview
- 12.17.3 Trianz Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.17.4 Trianz Managed Service Provider (MSP) Product Portfolio
- 12.17.5 Trianz Recent Developments
- 12.18 Ciklum
- 12.18.1 Ciklum Company Information
- 12.18.2 Ciklum Business Overview
- 12.18.3 Ciklum Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.18.4 Ciklum Managed Service Provider (MSP) Product Portfolio
- 12.18.5 Ciklum Recent Developments
- 12.19 BJSS
- 12.19.1 BJSS Company Information
- 12.19.2 BJSS Business Overview
- 12.19.3 BJSS Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.19.4 BJSS Managed Service Provider (MSP) Product Portfolio
- 12.19.5 BJSS Recent Developments
- 12.20 DataArt
- 12.20.1 DataArt Company Information
- 12.20.2 DataArt Business Overview
- 12.20.3 DataArt Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.20.4 DataArt Managed Service Provider (MSP) Product Portfolio
- 12.20.5 DataArt Recent Developments
- 12.21 VirtusaPolaris
- 12.21.1 VirtusaPolaris Company Information
- 12.21.2 VirtusaPolaris Business Overview
- 12.21.3 VirtusaPolaris Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.21.4 VirtusaPolaris Managed Service Provider (MSP) Product Portfolio
- 12.21.5 VirtusaPolaris Recent Developments
- 12.22 Liaison Technologies
- 12.22.1 Liaison Technologies Company Information
- 12.22.2 Liaison Technologies Business Overview
- 12.22.3 Liaison Technologies Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.22.4 Liaison Technologies Managed Service Provider (MSP) Product Portfolio
- 12.22.5 Liaison Technologies Recent Developments
- 12.23 IT Svit
- 12.23.1 IT Svit Company Information
- 12.23.2 IT Svit Business Overview
- 12.23.3 IT Svit Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.23.4 IT Svit Managed Service Provider (MSP) Product Portfolio
- 12.23.5 IT Svit Recent Developments
- 12.24 TechMD
- 12.24.1 TechMD Company Information
- 12.24.2 TechMD Business Overview
- 12.24.3 TechMD Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.24.4 TechMD Managed Service Provider (MSP) Product Portfolio
- 12.24.5 TechMD Recent Developments
- 12.25 ServerCentral Turing Group
- 12.25.1 ServerCentral Turing Group Company Information
- 12.25.2 ServerCentral Turing Group Business Overview
- 12.25.3 ServerCentral Turing Group Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.25.4 ServerCentral Turing Group Managed Service Provider (MSP) Product Portfolio
- 12.25.5 ServerCentral Turing Group Recent Developments
- 12.26 eMazzanti Technologies
- 12.26.1 eMazzanti Technologies Company Information
- 12.26.2 eMazzanti Technologies Business Overview
- 12.26.3 eMazzanti Technologies Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.26.4 eMazzanti Technologies Managed Service Provider (MSP) Product Portfolio
- 12.26.5 eMazzanti Technologies Recent Developments
- 12.27 Switchfast Technologies
- 12.27.1 Switchfast Technologies Company Information
- 12.27.2 Switchfast Technologies Business Overview
- 12.27.3 Switchfast Technologies Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.27.4 Switchfast Technologies Managed Service Provider (MSP) Product Portfolio
- 12.27.5 Switchfast Technologies Recent Developments
- 12.28 F12.net
- 12.28.1 F12.net Company Information
- 12.28.2 F12.net Business Overview
- 12.28.3 F12.net Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.28.4 F12.net Managed Service Provider (MSP) Product Portfolio
- 12.28.5 F12.net Recent Developments
- 12.29 TEAM International
- 12.29.1 TEAM International Company Information
- 12.29.2 TEAM International Business Overview
- 12.29.3 TEAM International Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.29.4 TEAM International Managed Service Provider (MSP) Product Portfolio
- 12.29.5 TEAM International Recent Developments
- 12.30 QA Consultants
- 12.30.1 QA Consultants Company Information
- 12.30.2 QA Consultants Business Overview
- 12.30.3 QA Consultants Revenue in Managed Service Provider (MSP) Business (2021-2026)
- 12.30.4 QA Consultants Managed Service Provider (MSP) Product Portfolio
- 12.30.5 QA Consultants Recent Developments
13 Report Conclusion
14 Disclaimer
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