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ISG: Global tech services market ACV rises 29% to record $39.4 billion in Q1

PUBT·04/16/2026 14:20:29
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ISG: Global tech services market ACV rises 29% to record $39.4 billion in Q1
  • ISG Index showed global technology services market annual contract value rose 29% year over year to a record $39.4 billion in Q1.
  • Cloud-based XaaS ACV jumped 44% to $28.2 billion, led by IaaS up 57% to $23.1 billion.
  • Managed services ACV increased 3% to $11.2 billion, driven by larger cost-focused deals as discretionary spending lagged.
  • ISG raised 2026 XaaS revenue growth forecast to 25%, maintaining managed services growth outlook at 2.1%.
  • New ISG AI Index, tracking AI impact on tech services, rose 77% since December 2022, with IaaS up 160%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ISG - Information Services Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202604161020BIZWIRE_USPR_____20260416_BW567991) on April 16, 2026, and is solely responsible for the information contained therein.