Mergers and acquisitions, private equity and venture financing deals in the industry rose by 1.8% from 284 in the first quarter of last year to 289 this year.
GlobalData lead analyst Aurojyoti Bose said the growth was driven by improvements in key markets such as the US, UK, Japan, India, Germany and Spain.
Meanwhile, markets such as China, Australia, France and South Korea witnessed a decline in M&A activity due to "prevailing market volatility and uncertainty".
