Updated February 2026

RFP Statistics 2026: 50+ Win Rates, Response Times & Benchmarks

The average RFP win rate is 45%, the average response time is 25 hours, and 68% of proposal teams now use AI. Below are 50+ citeable RFP statistics compiled from industry reports.

AG
Alexander Georges
Founder & CEO, Bidara
Last updated: February 12, 2026·Sources cited throughout

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:

Average RFP Win Rate by Company Size

  • Enterprise (5,000+ employees)47%
  • Mid-Market (500–4,999)45%
  • SMB (under 500)42%
  • Overall Average45%

Average RFP Win Rate by Region

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

Source: Loopio 2025 RFP Trends Report

Average RFP Win Rate by Industry

Insurance
52%
Technology
46%
Healthcare
44%
Financial Services
43%
Government / Public
40%

Source: Loopio 2025 RFP Trends Report

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. Top-performing teams report win rates of 60% or higher.

Source: Loopio 2025 RFP Trends Report

RFP Response Time Statistics

How long does it take to respond to an RFP? Here are the latest benchmarks by company size, industry, and methodology:

25 hours
Average time per proposal
↓ 17% from 30h in 2024
64%
Complete in under 10 days
↑ 5% from 2024
20 hours
SMB average response time
Fastest segment

Source: Loopio RFP Statistics Report

Average RFP Response Time by Industry

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

Source: Loopio RFP Statistics Report

Content Reuse & Proposal Automation Savings

How much time can proposal automation save? Content reuse and automation are the biggest drivers of faster response times and lower costs.

Content Reuse Statistics

  • 66%of content is reused across proposals by teams with a content library
  • 40%more time spent writing from scratch by teams without a content library
  • 80%of top-performing teams maintain an active content library

Source: Loopio 2025 RFP Trends Report

Proposal Automation Time Savings

  • 40–60%average reduction in response time with proposal automation software
  • 3,000+hours saved per year for a team handling 153 RFPs (industry average)
  • 61%of organizations achieve ROI within 1 year of implementing RFP software

Source: Responsive RFP Benchmarks

Key Finding: Teams using AI-powered proposal software report reducing 25-hour responses to under 5 hours — a savings of approximately 20 hours per proposal. Content reuse is the single biggest driver of faster response times.

Source: Responsive RFP Benchmarks

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.

Source: Loopio 2025 RFP Trends Report

Average RFP 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 RFP Team Size

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

Source: Loopio 2025 RFP Trends Report

Team Ownership Trends

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

Dedicated proposal teams decreased from 56% in 2023 to 43% in 2024. Source: Loopio RFP Statistics

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

Source: Loopio 2025 RFP Trends Report, Responsive RFP Benchmarks

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

Frequently Asked Questions

What is the average RFP win rate?

The average RFP win rate is 45% as of 2025, up from 43% in 2024. Enterprise companies (5,000+ employees) average 47%, mid-market companies average 45%, and SMBs average 42%. Top-performing teams achieve win rates of 60% or higher by using dedicated proposal software, maintaining content libraries, and applying bid/no-bid qualification frameworks.

How long does it take to respond to an RFP?

The average time to respond to an RFP is 25 hours, down 17% from 30 hours in 2024. SMBs are fastest at 20 hours, while enterprise teams average 30+ hours due to more stakeholders and compliance requirements. 64% of teams complete responses in under 10 days. Teams using proposal automation software reduce this to under 5 hours.

How much time can proposal automation save?

Proposal automation saves an average of 40–60% of response time. Teams using AI-powered proposal software report reducing 25-hour responses to under 5 hours — a savings of approximately 20 hours per proposal. For a team handling 153 RFPs per year (the industry average), that equals over 3,000 hours saved annually, or roughly 1.5 full-time employees.

What is the average RFP content reuse rate?

The average RFP content reuse rate is 60–80% for teams with an active content library. Organizations with a content library reuse 66% of content across proposals on average. Teams without a content library spend 40% more time writing responses from scratch. Content reuse is the single biggest driver of faster response times and is strongly correlated with higher win rates.

How much revenue do RFPs generate?

RFPs generate an average of $256 million in annual revenue per organization, representing 39% of total company revenue. Healthcare organizations report the highest at $1.05 billion, followed by advertising at $499 million and telecom at $380 million. About 20% of RFPs go unfinished each year, representing approximately $725,000 in lost revenue per organization.

What percentage of proposal teams use AI?

68% of proposal teams now use generative AI, doubled from 34% in 2023. Among AI adopters, 32% use it daily. 65% of teams use dedicated RFP software (up from 48% in 2024). Teams using RFP software report 24% higher satisfaction with their ability to respond to RFPs and 22% higher satisfaction with their proposal win rates.

How to Cite This Data

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

Bidara. "RFP Statistics 2026: Win Rates, Response Times & Industry Benchmarks." Bidara Research, February 2026, www.bidara.ai/research/rfp-statistics.

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

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