AI Demand Sparks Q1 Double-Digit Growth in Asia Pacific’s Technology Services Market, ISG Index™ Finds
Information Services Group, Inc. (III)
Last information services group, inc. earnings: 3/10 04:20 pm
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Source: Business Wire
Combined market up 16%, driven by 18% increase in XaaS demandManaged services rebounds, up 2%, to break 4-quarter losing streak SYDNEY--(BUSINESS WIRE)--Spending on technology services in Asia Pacific grew by double digits in the first quarter, powered by AI-driven demand for cloud infrastructure services, while managed services saw modest growth, the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm, found.The Asia Pacific ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of US $5 million or more, shows ACV for the combined market—both managed services and as-a-service (XaaS)—rose 16 percent versus the prior year, to US $7.1 billion. It was only the third quarter of double-digit growth the region has produced in the last two years. Versus the fourth quarter of 2025, the market was up 15 percent.XaaS spending climbed 18 percent, to a record US
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News
- AI Demand Sparks Q1 Double-Digit Growth in Asia Pacific's Technology Services Market, ISG Index™ Finds [Yahoo! Finance]Yahoo! Finance
- Americas' Tech Services Sector Hits New High in Q1 on Surging Demand for AI: ISG Index™ [Yahoo! Finance]Yahoo! Finance
- Americas’ Tech Services Sector Hits New High in Q1 on Surging Demand for AI: ISG Index™Business Wire
- Europe's Technology Services Market Accelerates in Q1 on Higher Demand for AI: ISG Index™ [Yahoo! Finance]Yahoo! Finance
- Europe’s Technology Services Market Accelerates in Q1 on Higher Demand for AI: ISG Index™Business Wire
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