NEW YORK, May 19, 2016 /PRNewswire/ -- About the Digital Coin Market
A digitalcoin 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 cryptocurrency can be converted to any real currency, including dollars, euro, yuan, and rubble. Online transaction using digitalcoins is one of the fastest ways of sending or receiving money as the transaction is not subject to any government intervention, chargebacks, or central bank regulations.
Technavio's analysts forecast the Global Digital Coin Market to grow at a CAGR of 7.33% during the period 2016-2020.
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 digitalcoins 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.
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
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p03841099-summary/view-report.html
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