Driven by AI, Americas’ Tech Services Demand Accelerates in Q2 to New High: ISG Index™
The ISG Index™ reports that demand for technology services in the Americas reached a record high in Q2, with combined market ACV rising 39% year-over-year to $21.8 billion. Growth was driven by an 86% surge in cloud infrastructure services (IaaS) to $13.2 billion, fueled by AI demand, while managed services ACV declined 12% to $5.2 billion.
Key figures
- Americas q2 iaas acv
- $13.2 billion
- Americas q2 xaas acv
- $16.6 billion
- Americas q2 iaas growth
- 86%
- Americas q2 xaas growth
- 69%
- Americas h1 combined acv
- $42.0 billion
- Americas q2 combined acv
- $21.8 billion
- Americas h1 combined growth
- 36%
- Americas q2 combined growth
- 39%
- Global forecast xaas growth
- 30%
- Americas q2 managed services acv
- $5.2 billion
- Americas q2 managed services growth
- -12%
- Global forecast managed services growth
- 2.1%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.