Press release
Global Online Fax market is expected to reach US$ 2.4 billion by 2022
ReportsnReports.com adds "Online Fax Market - Global Outlook and Forecast 2017 – 2022" report to its research store.The global online fax market is likely to cross $2.4 billion by 2022. RingCentral, eFax, HelloFax, SRFax, Nextiva, Open Text are the major players in the market. The advancement in technology and flexibility provided by online fax vendors enable organizations to automate their fax solutions and hence is a major driver for the growth of the market.
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North America leads the market constituting the largest share, however, the online fax market in the APAC and RoW regions are growing immensely and will witness a healthy growth during the forecast period. While the healthcare sector is likely to contribute maximum revenue to the market, the manufacturing, transportation and logistics sectors are going to post the highest growth CAGR during the forecast period.
Major vendors profiled in the report are as following:
• RingCentral
• eFax
• HelloFax
• SRFax
• Nextiva
• Open Text
Other prominent vendors include FaxAge, MetroFax, MyFax, Sfax, Fax.to, FAXZERO, SpeedFax, iFax, Biscom, Phaxio, Messagenet, InterFAX, PamFax, FaxBetter, Vonage, GoldFax, Moove, Retarus, XMedius, EtherFax, Esker, Softlinx, Neotel (Liqiuid Telecom), Alohi SA (FAX.PLUS), Crosby Fax, MonFax, ComFax, eComfax (Cloud Worldwide Services), OceanX Technology, Utbox, GoLogic Group (GoFax).
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Scope of the Report:
The study considers the present scenario of the global online fax market and its market dynamics for the period 2016-2022. The study covers a detailed overview of various market growth enablers, restraints, and trends. The study on online fax covers both the demand and supply sides of the market. It also profiles and analyzes the leading six companies and 24 other prominent companies operating in the online fax market.
To calculate the market size, the report considers the revenue generated by vendors in the market through the subscription of fax services by end-users. The report also considers geographical revenue via customer operating locations.
The report provides the analysis of the key segments of the market by user, industry, geography, and vendors. It provides a detailed analysis of revenue from various segments:
User Types:
• Individual and home office
• Small and medium enterprises (SMEs)
• Large enterprises
• Industry Sector
• Health sector
• Financial services and mortgage companies
• Legal sector
• Manufacturing, transportation, and logistics sector
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Major Geographies:
• APAC
• EMEA
• Latin America
• North America
Key Countries: Australia, Brazil, Canada, China, France, Germany, South Africa, UAE, UK & US
Online fax involves the use of the internet to send and receive fax documents rather than using fax machine hardware and phone lines. Internet faxing can be termed as web-based faxing or email-based fax.
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