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ISG: Europe tech services ACV rises 30% to record US $12.2 billion in Q1

PUBT·04/20/2026 08:01:19
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ISG: Europe tech services ACV rises 30% to record US $12.2 billion in Q1
  • ISG Index showed EMEA combined technology services ACV rose 30% in Q1 to a record USD 12.2 billion, driven by AI-related infrastructure demand.
  • XaaS ACV surged 52% to USD 7.5 billion, led by IaaS growth of 72% to USD 6.1 billion.
  • Managed services ACV increased nearly 6% to USD 4.7 billion, with BPO jumping 145% to USD 1.3 billion.
  • ISG raised 2026 forecast for XaaS revenue growth to 25%, maintaining managed services growth outlook at 2.1%.
  • New ISG AI Index showed IaaS up 160% since inception in December 2022, lifting composite index 77% on a market-weighted basis.


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: 202604200400BIZWIRE_USPR_____20260420_BW005356) on April 20, 2026, and is solely responsible for the information contained therein.