Cable management involves arranging, organizing, and managing different communication cables to keep a workspace or industrial facility functional and streamline its operations. Rise in penetration of various Internet services in remotest regions across the globe has increased the demand for various cabling systems. In addition, in the last few years, there has been a huge shift of IT and networking companies toward cloud computing, which has led to the establishment of large data centers and servers globally. This has increased the adoption of cable management techniques around the world, thereby creating favorable conditions for the growth of the industry.

Growing Use of Advanced Technologies and Mechanisms Creating New Opportunities

Recently, Allied Market Research published a report on the cable management market, which highlights that the launch of advanced technologies such as 5G, IoT, and streaming services has surged the demand for these techniques. The industry held $27.6 billion in 2023 and is estimated to register $64.7 billion by 2032, rising at a CAGR of 10% during 2024-2032.

In the past few years, innovations in different cable management solutions have also played an important role in the growth of the sector. For example, several companies have started developing products like cable management trays made from lightweight materials and polymers. In addition, some businesses have even launched trays that use magnetic fields to route and streamline cables. The deployment of such systems significantly enhances the overall efficiency of the entire data center and helps establish a stable communication channel between the server and its clients. Moreover, the advent of AI has enabled companies to develop smart solutions that minimize the complications associated with networking and protect devices from clogged airflow caused by disorganized wiring. Specialized AI tools have been designed by technology companies that study usage patterns and suggest measures that can be taken to reduce the risk of damage to cables and the entire networking infrastructure.

Product Launches and Partnership Deals by Technology Companies Strengthening Industry’s Position

Over the years, several businesses have expanded their footprint in the cable management market by launching innovative solutions and systems to cater to the demands of their customer base. In January 2024, Panduit, a major electrical infrastructure company, announced the launch of the Wire Basket Cable Tray Routing System, a next-generation wire management product. Designed to suit all types of cables, this solution can be easily installed in data centers, industrial facilities, and other commercial or residential applications. Also, the grid pattern of the Wire Basket tray routing system helps arrange the wires efficiently, thus creating a safer work environment for network engineers.

However, partnership deals among major companies have accelerated the growth of the sector in the last few years. In May 2025, ABB, a multinational automation company, announced that it had signed a definitive agreement with Niedax Group, a leading cable laying systems developer. As part of this deal, both companies have agreed to launch a 50/50 joint venture, Abnex Inc., which will address the evolving demands of the IT and networking industry in the near future. The partnership is anticipated to boost the revenue share of both players in the coming period.

In summary, the cable management industry is predicted to experience huge growth in the coming period owing to expansion of the telecommunications and IT companies. The establishment of new data centers and industrial facilities has enhanced the demand for robust wire management solutions. Furthermore, the advent of technologies such as AI, IoT, and 5G is anticipated to help the sector flourish in the coming period.