It's unclear what the future will hold because other factors, including geo political ones, affect the IPO market. However, there are a few factors that may contribute to more IPOs in the next 3-5 years:
1. Economic Recovery - there seems to be some signals pointing to a recovery post the Covid boom and bust
2. Tech Sector Growth - continued innovation, especially with the advent of AI, is contributing to a lot of new innovation world wide
3. Interest Rates - rates seem to be stabilizing in most major markets which create more certainty
On the other hand, if economic headwinds persist or geopolitical conflicts intensify, IPO activity could remain subdued.
1. Economic Recovery - there seems to be some signals pointing to a recovery post the Covid boom and bust
2. Tech Sector Growth - continued innovation, especially with the advent of AI, is contributing to a lot of new innovation world wide
3. Interest Rates - rates seem to be stabilizing in most major markets which create more certainty
On the other hand, if economic headwinds persist or geopolitical conflicts intensify, IPO activity could remain subdued.