ISG Index: Global tech services contract value jumps 43% in Q2 to record $42.4 billion on AI demand

Information Services Group, Inc.

Information Services Group, Inc.

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  • ISG Index showed global tech services ACV rose 43% year over year in Q2 to $42.4 billion, the fastest growth on record.
  • Cloud-based XaaS ACV jumped 65% to $31.5 billion, led by IaaS up 78% to $25.8 billion as AI demand accelerated.
  • Managed services ACV increased 2.7% to $10.9 billion, with mega-deal ACV down 27% despite modest deal growth.
  • ISG raised its 2026 forecast for XaaS growth by 5 percentage points to 30%, citing sustained AI infrastructure spending.


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