The global digital infrastructure sector experienced significant momentum in 2024, with a surge in M&A activity across key markets. While North America led in deal volume and value, Asia-Pacific saw a rise in high-value transactions, and Europe grappled with shifting market dynamics. Datacentres, fibre networks, and mobile telecoms remained at the heart of investment activity, with AI, cloud, and cybersecurity playing an increasingly pivotal role.
However, challenges such as regulatory constraints, financing hurdles, and geopolitical uncertainties persist. This exclusive review provides critical insights into deal trends, sector movements, and investment strategies to help industry leaders navigate the evolving digital infrastructure landscape.
Key insights
Americas
- The USA led global deal activity, recording 1,442 transactions and a 66% increase in deal value, reaching US$265bn
- The Americas dominated the Fibre sector globally, with 70 deals totaling US$46bn in deal value.
- The Americas remains the largest market for digital infrastructure M&A, with strong momentum expected in 2025
Europe:
- 30% increase in deal volume, indicating a steady rise in transaction activity
- However, overall deal value declined 7% to US$99bn, reflecting shifting market conditions
- Investors remained active in datacentres and fibre, despite regulatory challenges
Asia:
- 69% surge in deal value, reaching US$61bn, making it one of the fastest-growing regions
- Datacentres and mobile telecoms led investment, highlighting strong demand for infrastructure expansion
- The sector remains well-positioned for continued growth as digital transformation accelerates across the region
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