RFID Market: European RFID set for six-fold growth

From Computer Reseller News from VnuNet ... Germany France and UK drive adoption of barcode replacement technology Radio frequency identification RFID technology is set to enjoy enormous six-fold growth in Europe from its current value of about euro 400m to more than euro 2.5bn in 2008. According to the latest data from analyst firm Soreon Research large retailers such as Tesco in the UK and Metro in Germany are driving adoption of the technology which allows contact-free identification of tagged goods and pallets using radio waves.