In the first nine months of 2025, the Mobile Applications subsector attracted a lot of buyer interest and represented 48% of total deal volumes. That wasfollowed by IT Services at 14%, Payments at 13%, Market Intelligence at 7%, ERP companies at 6%, and Project Management at 3%. Interestingly, 50% of companies used a SaaS business model and at least 17% were developing deep tech like AI, leaving ample room for growth on both fronts.