Cloud Fax Services is a simple, cost-effective cloud-based alternative to traditional fax machines and servers. Suitable for organizations of all sizes, it provides a streamlined faxing process, while substantially lowering your overall faxing costs. Cloud fax services are services that use the internet to send and receive faxes. Cloud fax services transmit email messages with attachments as faxes to actual fax machines or other digital fax services.
The services can be hosted onsite as a private cloud solution or can be fully hosted offsite, or an organization can deploy a hybrid model. Messages are encrypted before they are sent, during processing, and during transfer, making this option as secure as a standalone fax machine. As with fax servers, this model reduces infrastructure overhead and paper-based workflows.
Cloud Fax Services is mainly used by three groups: Large Enterprises, Individual and Home Office, and SMEs. And Large Enterprises are the most widely used group which takes up about 52.59% of the global market in 2018.
North America is the largest sales region of Cloud Fax Services market in the world in the past few years. North America market took up about 56.21% the global market in 2018, while Europe was 22.39%.
According to this study, over the next five years the Cloud Fax Services market will register a 9.8% CAGR in terms of revenue, the global market size will reach US$ 740 million by 2024, from US$ 460 million in 2019. In particular, this report presents the global revenue market share of key companies in Cloud Fax Services business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Cloud Fax Services market by product type, application, key companies and key regions.
This study considers the Cloud Fax Services value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Subscription-Based Service
Pay-Per-Use Fax Service
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Large Enterprises
Individual and Home Office
SMEs
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
j2 Global
OpenText
Softlinx
CenturyLink
Biscom
Esker
Concord Technologies
XMedius
Retarus
Otelco
TELUS Business
CallTower
Nex-Tech
Integra Group
Xerox Corporation
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Cloud Fax Services market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cloud Fax Services market by identifying its various subsegments.
Focuses on the key global Cloud Fax Services players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cloud Fax Services with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Cloud Fax Services submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Cloud Fax Services . Industry analysis & Market Report on Cloud Fax Services is a syndicated market report, published as Global Cloud Fax Services Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Cloud Fax Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.