Faced with rapid and unpredictable geopolitical, economic and technological change, today’s technology, media and telecommunications (TMT) leaders retain a firm yet measured confidence in the prospects of both the sector as a whole and their companies in particular. Expectations of growth are high, while M&A remains firmly on the table — not just to acquire customers, but, increasingly, to access AI talent and infrastructure.

Against this backdrop, the 2025 CEO Outlook survey reveals how TMT CEOs are addressing these major economic, technological, geopolitical, regulatory, and talent challenges. The responses indicate that the sector is approaching the future with confidence, keen to embrace AI and innovate.

The 11th edition of the KPMG CEO Outlook, conducted with 1,350 CEOs, provides unique insight into the mindset, strategies and planning tactics of CEOs. This report focuses exclusively on the TMT company CEOs surveyed — from technology companies and telecommunications companies — with comparisons between these two subsectors noted where relevant.

Key findings

71% sees generative AI as a top investment.

83% is confident in their industry’s growth prospects.

40% anticipates strong earnings growth.

Why download the report?

By downloading the 2025 Technology & Telecommunications CEO Outlook report, you will:

  • Discover how industry leaders are turning uncertainty into opportunity, with 83% of CEOs confident in sector growth prospects.
  • Unpack the AI evolution shaping tech and telecoms, learn why 62% of leaders believe agentic AI will have a “transformational” or “significant” impact on their organizations.
  • Learn the strategies behind transformative deals and workforce evolution, including how CEOs are closing the digital skills gap and building AI-ready organizations.
  • Explore how ESG is influencing corporate strategy and the actions CEOs are taking to deliver on sustainability and net-zero ambitions.

Empower your business strategy with data-driven perspectives from global CEOs. Gain clarity on emerging trends and the strategic moves shaping the future of technology and telecommunications.