The ongoing technological developments in the global Proximity Reader market are positioned to push this market to newer heights of success. In the coming years, the changing nature of trends and dynamics governing this market are set to revolutionize the regional market shares and the stance of several industry players. To study these in absolute detail, the researchers have used Porter’s five forces analysis to explain the threat of new entrants, the bargaining power of buyers, the bargaining power of suppliers, the threat of substitutes, and the industry rivalry.