Increasing investments in infrastructure development activities, high demand from IT facilities and data centers, and growing urbanization in the developing regions of Asia Pacific the Middle East and Africa are driving the market for wire and cable manag
The global wire and cable management market is estimated to be USD 15.82 Billion in 2017; it is projected to reach USD 25.26 Billion by 2023, growing at a CAGR of 8.36%, from 2018 to 2023.
The report provides a picture of the Wire and Cable Management Market across the industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as type, stage, end-user, and region.
Leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The market is set to witness growth due to the rising demand from data center and IT facilities and the growing construction sector.
The market is set to witness growth due to the rising demand from data center and IT facilities and the growing construction sector.
The wire and cable management market is expected to grow from an estimated USD 16.91 Billion in 2018 to USD 25.26 Billion by 2023, at a CAGR of 8.36%, during the forecast period.