openPR Logo
Press release

The global online fax market is likely to cross $2.4 billion by 2022

09-12-2017 11:59 AM CET | IT, New Media & Software

Press release from: Arizton Advisory & Intelligence

Online Fax Market - Global Outlook and Forecast 2017 - 2022

Online Fax Market - Global Outlook and Forecast 2017 - 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. 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.

View Report: https://www.arizton.com/reports/it-media/online-fax-market

International players are likely to grow inorganically by acquiring regional or local players

The market for internet faxing is becoming competitive due to the evolution of cloud-based faxing technology. J2 Global, the owner of eFax, is a leader in the global online fax market.

RingCentral, eFax, HelloFax, SRFax, Nextiva, Open Text are major vendors profiled in the report

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 (Lqiuid Telecom), Alohi SA (FAX.PLUS), Crosby Fax, MonFax, ComFax, eComfax (Cloud Worldwide Services), OceanX Technology, Utbox, GoLogic Group (GoFax).

Healthcare sector will contribute maximum revenue

In terms of industry sectors, the use of online fax services is higher in the healthcare and financial sectors because of the regulatory compliance such as HIPPA and data protection laws. This trend will also continue during the forecast period. There is also a strong contribution from government, education institutions, manufacturing, and law firms to the revenue of the market from across the globe. Small-scale manufacturing, transportation, and logistics providers will enable the growth of the market through adoption of online fax services during the forecast period.

Increased adoption of cloud-based communication and collaboration platforms to drive the market growth

Reduced capital and operational expenditure through internet fax solutions, flexibility and scalability of internet fax, automation of fax workflow, and increased adoption of cloud-based communication and collaboration platform are the major factors that are going to boost the market growth. Further, the report includes the latest trends and opportunities such as high preference of green offices. With increasing adoption of online fax, the consumption of paper can be controlled to a large extent, which can lead to the greener and cleaner environment. Other trends explained in the report are migration to the cloud-based faxing model, availability of hybrid fax solutions, and vendor consolidation.

The report provides a holistic view of the global smart home hub market, the companies involved in the market, and the factors driving its growth. The report also provides information on some of the latest trends that have started to surface and are likely to become strong market driving forces over the next five years. This report also provides the Porter’s Five Forces analysis along with a description of each force and its impact on the market. Further the report also provides complete value chain analysis of the global point of sale terminal market.

Related Reports

1) 3D Printing Market - Global Outlook and Forecast 2017-2022
Click here: https://www.arizton.com/reports/it-media/3d-printing-market

2) Smart Voice Assistant Speaker Market - Global Outlook and Forecast 2017-2022
Click here: https://www.arizton.com/reports/it-media/smart-voice-assistant-speaker-market

Source: https://www.arizton.com/reports/it-media/online-fax-market

Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-465-7864

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The global online fax market is likely to cross $2.4 billion by 2022 here

News-ID: 710943 • Views: 2053

More Releases from Arizton Advisory & Intelligence

Earphones and Headphones Market - Global Outlook and Forecast 2020-2025 | Resear …
Arizton's research report on the global earphones and headphones market covers sizing and forecast, share, industry trends, growth drivers, and vendor analysis. The study includes insights on segmentation by Type (over-ear, in-ear, and on-ear), Technology (wired, wireless, and True wireless), Features (smart and non-smart), Price Range (premium, moderate, and low), End-users (entertainment, sports, and gaming), Noise Accentuation (ANC, noise isolation, and noise accentuation), Distribution Channels (offline and online), and
Refrigerated Trucking Market in the US and Canada - Industry Outlook and Forecas …
Arizton's research report on the refrigerated trucking market in the US and Canada covers sizing and forecast, share, industry trends, growth drivers, and vendor analysis. The study includes insights by Service (FTL and LTL), Temperature Compartment (Single and Multi), End-users (food, pharmaceuticals, and others), Vehicles (Trailers and Vans), and Geography (the US and Canada) Key highlights of the market: The agricultural sector generates over $38 billion annually, which is being supplied
Stationary Li-ion battery Market is expected to Grow at a CAGR of over 13% by 20 …
Arizton's recent market research report the global Stationary Lithium-ion Battery Market - Global Outlook and Forecast 2020-2025 provides comprehensive industry analysis, trend forecasts, and competitive analysis. The study includes insights by End-user (commercial and residential) and Geography (APAC, Europe, North America, Latin America, and MEA). The global stationary Li-ion battery market is expected to grow at a CAGR of over 13% during the period 2019-2025. Request for your free sample now! https://www.arizton.com/market-reports/stationary-lithium-ion-battery-market
Innovation, Safety, and Transformation influencing Global Stairlift Market | Ari …
Arizton's recent market research report on the Stairlift Market - Global Outlook and Forecast 2020-205 provides comprehensive industry analysis, trend forecasts, and competitive analysis. The study includes insights by Installation (indoor and outdoor), Rail Orientation (straight and curved), User Orientation (seated, standing, and wheelchair integrated platform), Application (residential, healthcare, leisure & entertainment, and government & others), Distribution Channel (direct channels, dealers & distributions, and government & local authorities), and Geography

All 5 Releases


More Releases for Fax

COSEC VEGA FAX
COSEC VEGA FAX is engineered with careful blend of aesthetics, size, connectivity, reliability and ease of use for modern enterprises. It is a perfect fit for Access Control and Time-Attendance solution for modern organizations. Moreover, COSEC VEGA FAX is an open system allowing integration with third party hardware. Using auxiliary input and output ports, Fire Alarm system and Video Surveillance system can be connected without any need for external hardware modules.
Global Fax Machines Industry Market Analysis & Forecast
In the Global Fax Machines Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of
COSEC VEGA FAX
COSEC VEGA FAX is engineered with careful blend of aesthetics, size, connectivity, reliability and ease of use for modern enterprises. It is a perfect fit for Access Control and Time-Attendance solution for modern organizations. Moreover, COSEC VEGA FAX is an open system allowing integration with third party hardware. Using auxiliary input and output ports, Fire Alarm system and Video Surveillance system can be connected without any need for external hardware modules.
Fax and Unified Messaging for GroupWise 2012
The unified messaging solution IXI-UMS is released for Novell GroupWise 2012 now: serVonic’s fax- and unified messaging-server can also be integrated seamlessly into the latest version of the groupware system. Independent of the client operating system and the mail program, the user can send and receive also faxes, voicemails and SMS – in addition to e-mails – via the regular e-mail client. He administers the additional message types intuitively: Without
serVonic: New AFP Application Fax Printer
Sending Faxes Directly out of CRM and ERP Applications Olching, 15th March 2012: serVonic completely reworked its AFP printer driver and so enables the automated sending of faxes out of CRM, ERP and internally developed applications. The users just have to choose the IXI-UMS AFP printer driver, the further process runs in the background. AFP means Application Fax Printer and provides a client fax printer driver. The new IXI-UMS AFP can
ChooseWhat.com Posts Updated Online Fax Reviews
ChooseWhat.com’s Online Fax section recently updated 32 Internet fax service reviews with the most current information about service offerings, pricing, features and other fax options. After re-reviewing 32 online fax providers, the ChooseWhat.com research team has included new pros, cons and conclusions about each service, based on a new rating system. Among the newly reviewed features are the following: * Number of states in which local fax numbers