RFID Market is Expected to Grow at a CAGR of 9.74% | Exclusive Pandemic Focused Report by SpendEdge

NEW YORK, Sept. 6, 2021 /PRNewswire/ — SpendEdge has been monitoring the RFID Market and it is poised to grow by USD 5.89 Billion by 2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Frequently Asked Questions: 

  • What are the major market threats for RFID Market?

The pressure from substitutes and a moderate level of threat from new entrants has resulted in the moderate bargaining power of suppliers.

  • Who are the top players in the market?

Impinj Inc., HID Global Corp., GAO RFID Inc., and Identiv Inc., are some of the major market participants.

  • What are the pricing models followed by buyers?

Fixed pricing model, and volume-based models are some of the widely adopted pricing models in commercial vehicle cabin procurement.

  • What will be incremental spend in RFID?

The procurement market will register an incremental spend of about USD 5.89 Billion, during 2021-2025.

  • What is the expected price change in RFID procurement?

During the forecast period, the price for RFID procurement will increase by 3%-5%.

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  • Security Software Sourcing and Procurement Report: Security Software Procurement prices will increase by 2%-4% during the forecast period and suppliers will have a moderate in this market.

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  • Big Data Analytics – Sourcing and Procurement Intelligence Report: This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their big data analytics requirements. Some of the leading big data analytics suppliers are profiled extensively in this report.

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Key Insights Provided in the RFID Research Report:

  •  What are the changes expected in the price forecast report?
  • Is my RFID TCO (total cost of ownership) favorable?
  • Is my RFID TCO (total cost of ownership) favorable?
  • Which pricing models offer the most rewarding opportunities?
  • Key trends and drivers in this market

Table of Content

  • Executive Summary
  • Market Insights
  • Category Pricing Insights
  • Cost-saving Opportunities
  • Best Practices
  • Category Ecosystem
  • Category Management Strategy
  • Category Management Enablers
  • Suppliers Selection
  • Suppliers under Coverage
  • US Market Insights
  • Category scope
  • Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

To know more: https://www.spendedge.com/request-for-demo



Anirban Choudhury

Marketing Manager

Ph No: +1 (872) 206-9340


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