IBISWorld’s Radio Frequency Identification Devices procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Radio Frequency Identification Devices to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Radio Frequency Identification Devices - Recent Price Trend

The recent price trend has been mostly favorable for buyers. In the three years to 2017, prices for RFID tags have fallen at an estimated average annual rate of 6.3%. The drop in price has largely been the result of reduced manufacturing costs. However, general economic trends have placed upward pressure on demand and mitigated the rate at which prices have fallen over the past three years.As the...


Radio Frequency Identification Devices - Total Cost of Ownership

The total cost of ownership for RFID devices is high because buyers must purchase many other additional products to set up an RFID system. These additional products include readers, antennae, cables and software. RFID readers are the center of an RFID system; they receive and transmit radio waves used to communicate with RFID tags. Most readers will cost $500 to $2,000 per unit depending on the...


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About this Report

This report is intended to help buyers of radio frequency identification (RFID) devices. RFIDs use short-range radio frequencies to track packages and objects within a limited distance from the tracker. RFID systems consist of tags, readers and antennae. Tags store information and are attached to the object being tracked, while readers and antennae send out radio waves to read information stored on the RFID tag. This report focuses on RFID tags, but readers and antennae will also be discussed. This report excludes bar code technology and systems.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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