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Uncovering Opportunities in the Cloud Fax Sales Market for Businesses Seeking to Increase Collaboration and Expand Their Reach | An Extensive Research Report with Global Industry Size, Share, Growth & Revenue 2023-2029 | OpenText, CenturyLink, Esker, eFax

01-09-2023 09:49 AM CET | IT, New Media & Software

Press release from: ReportsnReports.com

Uncovering Opportunities in the Cloud Fax Sales Market for Businesses Seeking to Increase Collaboration and Expand Their Reach

Uncovering Opportunities in the Cloud Fax Sales Market for Businesses Seeking to Increase Collaboration and Expand Their Reach

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.

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Market Analysis and Insights: Global Cloud Fax Market
Due to the COVID-19 pandemic, the global Cloud Fax market size is estimated to be worth US$ 633.3 million in 2022 and is forecast to a readjusted size of US$ 1267.9 million by 2029 with a CAGR of 10.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Fax from the Desktop accounting for % of the Cloud Fax global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Individual and Home Office segment is altered to an % CAGR throughout this forecast period.

Global Cloud Fax main players are OpenText, CenturyLink, eFax Corporate, Xmedius, etc. Global top four manufacturers hold a share over 60%. North America is the largest market, with a share nearly 55%.

Global Cloud Fax Scope and Market Size
The global Cloud Fax market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Cloud Fax market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.

Segment by Type
- Fax from the Desktop
- Fax from Email
- Fax from Web

Segment by Application
- Individual and Home Office
- Small and Medium Enterprises
- Large Enterprises
- Global

By Region
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- Other Regions

By Company
- OpenText
- CenturyLink
- Esker
- eFax Corporate
- Concord
- Biscom
- Xmedius
- TELUS
- GFI Software
- Integra
- Retarus

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