The global market for Telecommunications, Software & Technology (TS&T) is on a strong growth trajectory. Integrated connectivity, scalable cloud infrastructures, and intelligent software are becoming increasingly relevant—both in companies’ digital strategies and in the investment decisions of strategic and financial investors. Our current study examines key developments in this dynamic environment and provides sound insights into market structure, growth prospects, and transaction trends.

Particular focus is on the European market, which is expected to grow at an average rate of 10.0% through 2030. Across Europe, M&A activity remains high, with strategic buyers shaping the market and deliberately pursuing portfolio expansion, internationalization, and the acquisition of know-how. The report offers a detailed analysis of current valuation metrics and shows which factors are currently decisive for investors and market participants.