Albany, NY -- (SBWIRE) -- 05/20/2016 -- A digital coin is a form of electronic currency that uses cryptography to check the veracity of users that attempt to spend the currencies. Such currencies can be used to ensure the stability of national economies, corporations, and individual users. The crypto currency can be converted to any real currency, including dollars, euro, yuan, and rubble. Online transaction using digital coins is one of the fastest ways of sending or receiving money as the transaction is not subject to any government intervention, charge backs, or central bank regulations.

Technavios analysts forecast the Global Digital Coin Market to grow at a CAGR of 7.33% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the Global Digital Coin Market for 2016-2020. To calculate the market size, the report considers the total supply of digital coins of the top companies that operate from the Americas, APAC, and EMEA.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Digital Coin Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Bitcoin
Ethereum
Ripple
Litecoin
Dogecoin

Other prominent vendors
Dash
Factom
MaidSafeCoin
Peercoin
Novacoin
Namecoin
Market driver
Low transaction cost
For a full, detailed list, view our report

Market challenge
Regulatory issues
For a full, detailed list, view our report

Market trend
Huge capital investments in digitalcoin start-ups
For a full, detailed list, view our report

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Table of Contents

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
Other prominent vendors
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Definition of digitalcoin
Working of digitalcoins
PART 05: Market landscape
Market overview
Market size and forecast
PART 06: Global market outlook
PART 07: Geographical segmentation
Geographical segmentation
EMEA
Americas
APAC
PART 08: Market drivers
Low transaction cost
Increased adoption of digitalcoins
Blockchain as an underlying technology
PART 09: Impact of drivers
PART 10: Market challenges

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