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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:
The pressure from substitutes and a moderate level of threat from new entrants has resulted in the moderate bargaining power of suppliers.
Impinj Inc., HID Global Corp., GAO RFID Inc., and Identiv Inc., are some of the major market participants.
Fixed pricing model, and volume-based models are some of the widely adopted pricing models in commercial vehicle cabin procurement.
The procurement market will register an incremental spend of about USD 5.89 Billion, during 2021-2025.
During the forecast period, the price for RFID procurement will increase by 3%-5%.
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Key Insights Provided in the RFID Research Report:
Table of Content
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
Contacts:
SpendEdge
Anirban Choudhury
Marketing Manager
Ph No: +1 (872) 206-9340
https://www.spendedge.com/contact-us
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