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Cloud Fax Market Size, Share Global Analysis Report, 2018 – 2025

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Cloud Fax Market By User Type (Individual & Home Office, Small & Medium Enterprises, and Large Enterprises) and By End-User (Health Sector, Legal Sector, Manufacturing, BFSI, and Transportation & Logistics Sector): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2025

Industry Insights

The report covers the forecast and analysis of the Cloud Fax market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the Cloud Fax market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Cloud Fax market on a global level.

Global Cloud Fax Market Size

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In order to give the users of this report a comprehensive view of the Cloud Fax market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the Cloud Fax market by segmenting the market based on user type, end-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Cloud fax solutions usually operate or function on a fixed and utilization-based monthly payment also encompassing support activities. This has made cloud fax services cost-efficient. Apparently, fax is sent, received, and stored in the digital form in the cloud database, there is no need for physical storage space like office floor. These aspects are expected to prop up the growth of the market over the forecast timeframe.

logoReport Scope

Report Attribute

Details

Market Size in 2018

USD 462 million

Projected Market Size in 2025

USD 947 million

CAGR Growth Rate

10.69% CAGR

Base Year

2018

Forecast Years

2019-2026

Key Market Players

CenturyLink, Concord Technologies, Documo LLC, eFax Corporate, Esker, GFI Software, Integra LTC Solutions, OpenText Corporation, Retarus Group, TELUS, and Xmedius.

Key Segment

By User Type, By End-User, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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Based on the user type, the industry is divided into Individual & Home Office, Small & Medium Enterprises, and Large Enterprises. In terms of end-user, the market for cloud fax is classified into the Health Sector, Legal Sector, Manufacturing, BFSI, and Transportation & Logistics Sector.

logoCompetitive Analysis

  • CenturyLink
  • Concord Technologies
  • Documo LLC
  • eFax Corporate
  • Esker
  • GFI Software
  • Integra LTC Solutions
  • OpenText Corporation
  • Retarus Gro

Industry Major Market Players

  •  CenturyLink,
  •  Concord Technologies,
  •  Documo LLC,
  •  eFax Corporate,
  •  Esker,
  •  GFI Software,
  •  Integra LTC Solutions,
  •  OpenText Corporation,
  •  Retarus Group,
  •  TELUS,
  •  Xmedius.

Frequently Asked Questions

Cloud fax is used to receive, send, and store the fax. It requires a desktop or a laptop or a mobile instrument with connectivity to send the information to some type of receiving instrument like smartphone, tablet, or computer at the other end. Additionally, cloud faxing operates more rapidly as compared to other traditional fax machines. It saves time, expenditure on ink & paper, and is eco-friendly.
According to the report, the global Cloud Fax market was valued at approximately USD 462 million in 2018 and is expected to reach a value of around USD 947 million by 2025, at a CAGR of around 10.69% between 2019 and 2025.
Cloud fax is a kind of faxing solution that assists the employees in receiving & sending faxes in the form of electronic messages directly through their currently configured emails.
North America to contribute majorly towards the overall market revenue share by 2025
CenturyLink, Concord Technologies, Documo LLC, eFax Corporate, Esker, GFI Software, Integra LTC Solutions, OpenText Corporation, Retarus Group, TELUS, and Xmedius.