Posted 12/14/2023, 12:01:00 AM
Global IPO Market Slows in 2023 But Shows Resilience and Potential for Rebound in 2024
- Global IPO proceeds fell 33% in 2023 compared to 2022, although Americas deals rose 15% in number and 155% in proceeds
- New hotspot IPO markets like Indonesia, Malaysia, and Turkey saw increases vs 5-year averages
- Industrials and consumer sectors saw positive IPO movement, while technology slowed
- EMEIA saw a 7% rise in IPO volume but a 39% drop in proceeds; MENA dominated top 10 deals
- 2024 IPO outlook is cautious but optimistic if macro conditions improve; candidates must be prepared