Updated November 2025

RFP Statistics 2025: The Complete Industry Benchmark Report

The most comprehensive collection of RFP and proposal statistics, compiled from industry reports and research. Use these statistics in your presentations, articles, and business cases.

Last updated: November 27, 2025Sources cited below

Key RFP Statistics at a Glance

45%
Average Win Rate
25h
Avg Response Time
$256M
Avg Annual Revenue
153
Avg Annual RFPs

RFP Win Rate Statistics

Win rates vary significantly by company size, industry, and strategic approach. Here are the latest benchmarks:

By Company Size

  • Enterprise (5,000+ employees)47%
  • Mid-Market (500-4,999)45%
  • SMB (under 500)42%

By Region

  • United Kingdom46%
  • United States45%
  • Global Average45%

Key Finding: The average RFP win rate increased from 43% in 2024 to 45% in 2025, representing the largest year-over-year improvement in the past five years.

Source: Loopio 2025 RFP Trends Report

RFP Response Time Statistics

25 hours
Average time per proposal
↓ 17% from 2024
64%
Complete in under 10 days
↑ 5% from 2024
20 hours
SMB average response time
Fastest segment

Response Time by Industry

Insurance
20 hours
Technology
25 hours
Healthcare
27 hours
Advertising
28 hours

Source: Loopio RFP Statistics Report

RFP Revenue Impact Statistics

$256M
Average annual RFP-driven revenue

Organizations report that RFPs contribute an average of 39% of total company revenue, making proposal management a critical business function.

$725K
Average revenue lost to abandoned RFPs

About 20% of RFPs go unfinished annually, representing significant lost revenue opportunity for understaffed teams.

Revenue by Industry

  • Healthcare$1.05 billion
  • Advertising & Publishing$499 million
  • Telecom$380 million
  • Technology$256 million

Source: Loopio 2025 RFP Trends Report

RFP Team Statistics

Average Team Size

  • Enterprise14 people
  • Mid-Market9 people
  • SMB4 people
  • Overall Average8 people

Team Ownership Trends

  • Dedicated proposal team43%
  • Sales-led RFP process51%
  • Avg contributors per RFP9 people

Note: Dedicated proposal teams decreased from 56% in 2023 to 43% in 2024.

RFP Software & AI Adoption Statistics

The Rise of AI in Proposal Management

68%
Teams using generative AI
↑ 100% from 34% in 2023
65%
Teams using RFP software
↑ 35% from 48% in 2024
32%
Daily AI users
Among AI adopters

Software Impact on Performance

  • 24% higher satisfaction with ability to respond to RFPs
  • 23% higher satisfaction with completion time
  • 22% higher satisfaction with proposal win rate
  • 61% achieve ROI within 1 year of implementation

Source: Loopio RFP Statistics, Responsive RFP Benchmarks

How to Cite This Data

Feel free to use these statistics in your articles, presentations, and reports. Please cite as:

Bidara. "RFP Statistics 2025: Win Rates, Response Times & Industry Benchmarks." Bidara Research, November 2025, www.bidara.ai/research/rfp-statistics.

Data compiled from Loopio 2025 RFP Trends Report, Responsive RFP Benchmarks, and industry research.

Use These Insights to Improve Your Results

Beat the Benchmarks with AI-Powered Proposals

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