Private markets investment in digital infrastructure

October 2023

The constant evolution and expansion of digital technology globally requires massive ongoing investments in infrastructure. Today information is transmitted in the form of voice, video, or data and using the latest technologies that require increasing coverage and capacity.

A robust communications system—locally or globally— requires assets that connect, transmit, process, and store unfathomable volumes of data. This infrastructure falls into three primary subsectors: wireless (macro cell towers, small cells, and spectrum), wired fiber networks (metro, wirelines, or subsea cables), and data centers (hyper-scale or enterprise centers). With the projected growth in demand for internet and wireless data capacity, additional infrastructure supporting all subsectors is critical, and this should create significant investment opportunities for the foreseeable future.