In Q2 2019, the global combined managed services and as-a-service market grew by 5% year-over-year, with as-a-service revenue reaching its second-highest level, while managed services experienced a decline of 3%. The Americas showed the highest growth at 6% year-over-year, but managed services dropped below the $3 billion threshold for the first time since 2017. The North American market, which includes a strong as-a-service component, contrasts with the softer managed services performance observed across different regions, affected by varying industry dynamics and regional challenges.