Cloud Fax Market size will reach US$ 760 million by 2024 | Leading Vendors Analysis- CenturyLink, eFax Corporate, Concord, Biscom, GFI Software, Retarus

Cloud Fax 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. It lets you send and receive faxes to and from anywhere in the world via email and is fully compatible with all email platforms. It is secure, reliable and eliminates the need for fax machines, toner, paper, fax servers or dedicated fax lines.

According to this study, over the next five years the Cloud Fax market will register a 10.4% CAGR in terms of revenue, the global market size will reach US$ 760 million by 2024, from US$ 420 million in 2019.

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Cloud Fax is mainly used by three groups: Individual and home office, Small and Medium Enterprises, Large Enterprises Issuers and Investors. And Large Enterprises are the most widely used group which takes up about 49.48% of the global market in 2016.
North America is the largest sales region of Cloud Fax market in the world in the past few years. North America market took up about 56.91% the global market in 2016, while Europe was 22.26%.
North America is now the key developers of Cloud Fax market. There are several companies, such as OpenText, CenturyLink, eFax Corporate and TELUS.
OpenText, CenturyLink, Esker, eFax Corporate, Biscom, TELUS and Retarus are the key suppliers in the global Cloud Fax market. Top 3 took up about 56.59% of the global market in 2016.

Segmentation by product type:
Fax from the Desktop
Fax from Email

Segmentation by application:
Individual and Home Office
Small and Medium Enterprises
Large Enterprises
Global

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:
OpenText
CenturyLink
Esker
eFax Corporate
Concord
Biscom
Xmedius
TELUS
GFI Software
Integra
Retarus

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We can also provide the customized separate regional or country-level reports, for the following regions:
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.

Research objectives
To study and analyze the global Cloud Fax 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 market by identifying its various subsegments.
Focuses on the key global Cloud Fax 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 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 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.

Table of Content

1 Scope of the Report

2 Executive Summary

3 Global Cloud Fax by Players

4 Cloud Fax by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Global Cloud Fax Market Forecast

11 Key Players Analysis

12 Research Findings and Conclusion

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