The global mergers and acquisitions (M&A) market has shown a 10% increase in the first nine months of 2025 compared to the same period last year. According to analysts at Boston Consulting Group, the total deal volume from January to September reached $1.938 trillion, while in 2024, this figure was $1.763 trillion. This marks the second consecutive year of positive market dynamics and the highest level since 2022, when the total deal volume exceeded $2.17 trillion.
This is reported by Finway
Impact of Geopolitics and Regional Trends
Despite trade turbulence, uncertainty regarding U.S. tariff policy, and a tense geopolitical situation, companies are actively using mergers and acquisitions as an important strategic tool for business development. However, even with this growth, the current M&A market results remain more than 40% lower than the record level of 2021, when deal volume reached $3.3 trillion.
Market Leaders and Laggards
North America retains its position as the most active region in the M&A market: here, deal volume increased by more than 25%, reaching $1.2 trillion. In comparison, Europe is experiencing a market decline — the total deal value decreased by 5%, amounting to $375 billion.
“Analysts at Boston Consulting Group note that despite uncertainty regarding U.S. tariff policy and geopolitical conflicts, many companies continue to engage in deals, viewing M&A as a strategic development tool.”