The ISG Outsourcing Index for Q1 2016 reports a 20% year-over-year increase in global market ACV, driven by smaller contracts and significant restructuring activity, particularly in the Americas and EMEA regions. Both the number of new contracts and restructuring awards have risen, with EMEA experiencing a notable uptick in restructuring ACV, while the Asia Pacific region has seen a decline. The documentation highlights a strong performance in the public sector outsourcing market, contrasting with challenges in some commercial sectors.