ISG: Asia-Pacific tech services ACV jumps 50.5% in Q2 to record US $7.6 billion - III News | RalliesISG: Asia-Pacific tech services ACV jumps 50.5% in Q2 to record US $7.6 billion
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III• First-half ACV and forecast update
- First-half combined ACV rose 29% to USD 14.3 billion; XaaS accounted for 87% at USD 12.5 billion.
- ISG maintained its 2026 global managed services revenue growth forecast at 2.1%, raised its XaaS growth forecast to 30%.
Asia-Pacific tech services ACV hits record in Q2
- ISG Index showed Asia Pacific tech services ACV jumped 50.5% in Q2 to a record USD 7.6 billion, driven by AI-led demand.
- Cloud-based XaaS surged 57% to USD 6.6 billion; managed services rose 18% to just over USD 1 billion.
- IaaS ACV climbed 59% to USD 5.8 billion; SaaS increased 49% to USD 818 million.
