【安永EY】2024年终全球IPO趋势报告转型洞察_48页_2mb

In 2024, the global IPO market showed a strong recovery, with increased volumes and proceeds driven primarily by the Americas and EMEIA regions. Total global IPOs reached 1,215, raising US$121 billion, though this was a slight decrease from 2023. Key highlights included India leading in IPO volume for the first time, with 327 listings, while the US dominated in proceeds. Sectors like technology, media and telecom (TMT), and industrials were dominant, though consumer and health and life sciences also performed well. Cross-border listings increased, with the US attracting over 80% of foreign IPOs. Economic factors like policy changes, geopolitical tensions, AI advancements, and ESG considerations shaped market dynamics, with challenges such as inflation and trade risks adding complexity. Asia-Pacific saw a decline overall but improved in the fourth quarter. For 2025, prospects are positive, supported by easing monetary policy and strong investor confidence, though geopolitical uncertainties persist. Advice for IPO candidates emphasizes preparedness, leveraging AI and digital transformation, and aligning with ESG trends to navigate the evolving landscape. Proceeds from PE and VC-backed IPOs rose significantly, highlighting their growing role.

• Global Performance: Americas and EMEIA experienced substantial growth, while Asia-Pacific declined due to regulatory and geopolitical pressures. India and the US were standout performers in terms of volume and proceeds.

• Sector Analysis: TMT, industrials, and consumer sectors led IPO activity, with health and life sciences showing healthy returns across regions. Cross-border listings favored mid-to-large cap deals in the US.

• Key Drivers: Factors including monetary policy shifts, AI technology adoption, and post-election uncertainties influenced IPO trends, fostering opportunities in areas like defense and clean energy.

• Regional Insights: EMEIA had the highest growth, with India as a major hub; Asia-Pacific recovered gradually; Americas benefited from life sciences and tech listings.

• Future Outlook: 2025 expects continued momentum in IPOs,Supported by economic stability and regulatory reforms, with challenges from global elections and inflation.

• IPO Candidate Guidance: Companies should focus on financial readiness, compliance with ESG standards, and strategic use of digital technologies to enhance IPO prospects.