Global: Software eats the world
The idea that “software is eating the world” – expressed by venture capitalist Marc Andreessen in 2011 – has found its truest expression yet in 2021. Technology accounts for 27% of global deal value (USD 1.2tn across 8,797 deals) so far this year, the largest ever share.
Healthcare holds second place, with 10.5% of total deal value. This is followed by the real estate (6.7%), finance (6.4%), utility & energy (6%) and telecommunications (5.7%) sectors.
North America accounts for more than half (51.2%) of global deal value during the first nine months (9M21), followed by Asia-Pacific (21.6%) and Europe (21.3%).
More topics covered in the report:
- Global: World class – Global M&A hits record high
- US returns to form
- SPAC attack
- PE activity to break all records in 2021
- North America: US hits it out the park
- Return of the barbarians?
- EMEA: Region mirrors global uptick as cross-border activity propels dealmaking
- Uptick in US investment drives EMEA M&A
- Technology, sponsors, and SPACs continue to rise
- APAC: Technology and Australia lift region’s M&A to new highs
- Aussie rules
- China’s SOEs dominate megadeals
- Technology remains APAC’s deal driver
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