Our Digital Infra Investment Review H1 2025 Global is now available. 

As the world continues to grapple with economic uncertainty, geopolitical shifts, rapid technological change, and valuation gaps, TMT Finance’s H1 2025 Global Digital Infrastructure Report paints a picture of a dynamic—though uneven—landscape across five core sectors in digital infrastructure.

Key Highlights

1. Global M&A volume declines: M&A volume declined by 4%, with 528 transactions in H1 2025, compared to 551 in H1 2024.
2. Increase in deal value: Despite the decline in volume, global deal value reached US$169.6bn in H1 2025, marking a 26% increase from US$135bn in H1 2024.
3. Datacentres leap: Deal value jumped 76% YoY, reaching US$22bn.
4. Cloud & Datacentres lead the way: Cloud led M&A volume with 220 deals (42% of total deals).
5. Fibre’s growth: Strong growth in deal value, rising to US$35.4bn from US$6.6bn in H1 2024, contributing 21% to the total global deal value.

Download the sample report