RFID Growth Europe 5BnEuro ...

Recent market research shows growth of RFID technology in Europe to cross 5Bn Euro mark in 2007. ...

RFID Growth Europe 5BnEuro: Via RNCOS: The burgeoning RFID R&D centers across Europe

... "RFID has recently generated large-scale interest in Europe. This region has seen substantial research and development processes undertaken by a large number of RFID and contact less application vendors and developers. Nordic and Scandinavian regions are also characterized by a credible market for RFID. The new report, RFID Industry (2005-2007) - An Update (Insight to European Market), published by RNCOS, a renowned market research firm, provides a comprehensive coverage of the Radio Frequency Identification (RFID) technology, as the projects related to RFID technology have begun to thrive in various markets such as retail, transportation, pharmaceuticals, and livestock. The expert team of RNCOS has examined the changes occurring in the business processes and market sizes in the European RFID industry. Market analysis shows that RFID spending on hardware, software, and services in Europe is estimated to cross 5bn Euro in 2007. The major reason being the adoption of latest technology by the firms to ensure an efficient RFID supply chain model. " ...