Market Overview:
The global cloud fax services market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based fax services from large enterprises, individual and home office users, and SMEs. Additionally, the growing trend of Bring Your Own Device (BYOD) is also contributing to the growth of this market. However, lack of awareness about cloud fax services among end users is restraining the growth of this market. On the basis of type, subscription-based service accounted for a major share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its low cost as compared with other types of service models available in this market.
Product Definition:
Cloud faxing is the process of sending and receiving faxes electronically, via the internet. Rather than using a traditional fax machine, cloud faxing allows users to send and receive faxes through their email account or a web-based interface. This can be done from any computer or mobile device with an internet connection.
Subscription-Based Service:
Subscription-based service is a type of cloud fax that allows customers to sign up for services and receive notifications regarding new documents. The notification system can be used to obtain information from various sources such as company databases, websites, e-mails and instant messaging. It also helps in getting data from multiple providers through one interface by connecting them with an API (Application Programming Interface).
Pay-Per-Use Fax Service:
Pay-Per-Use Fax Service is a model where the fax service provider allows customers to use their services without any upfront payment. The customer makes an initial investment in Pay-Per-Use Fax Service and then uses the service as and when required. The main aim of this system is to reduce capital expenditure for companies by avoiding purchasing new equipment or paying rental fees on devices.
Application Insights:
The large enterprises segment held the largest market share in 2017. Larger organizations require cloud fax solutions as a part of their communication infrastructure to facilitate efficient internal and external communications. The need forfax services is increasing with an increase in the number of documents being created and transmitted through email, word processors, spreadsheets, presentations that are required to be printed for various purposes such as annual reports, brochures & pamphlets etc. Cloud fax services enable large organizations to reduce the cost associated with printing by utilizing high-speed internet connections along with advanced technology platforms that offer flexibility in choosing from a wide range of device types (PCs/Laptops, Tablets & Smartphones) and print modes (color or B&W). Furthermore, these solutions also help large organizations avoid complex set-ups involving multiple devices accessing different networks which can lead to expensive failures.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well, owing to factors such as increasing adoption of cloud fax services and high demand for wireless connectivity. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to increasing number of smartphone users and rising penetration of broadband internet services in this region. Moreover, growing adoption of subscription-based cloud fax service by enterprises will drive growth over the next eight years. Additionally, increased use cases such as remote working are further propelling growth across this region.
Latin America has witnessed significant growth since 2016 with Brazil being a major contributor towards overall revenue generation within LAMDA space; however, economic slowdown in Argentina along with other South American countries has hampered industry expansion over last few years (2016 - 2017).
Growth Factors:
- Increasing demand for cloud-based fax services from small and medium businesses (SMBs) due to the growing trend of moving business operations to the cloud.
- Rapid proliferation of mobile devices and BYOD policies in enterprises, which is driving the need for secure and reliable fax communications that can be accessed from anywhere.
- The increasing popularity of online fax services among consumers due to their convenience, affordability, and security features.
- Growing demand forFax over IP (FoIP) services as businesses move away from traditional analog phone lines and switch to VoIP systems for cost savings and enhanced communication capabilities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Fax Services Market Research Report
By Type
Subscription-Based Service, Pay-Per-Use Fax Service, Cloud Fax Service
By Application
Large Enterprises, Individual and Home Office, SMEs
By Companies
j2 Global, OpenText, Softlinx, CenturyLink, Biscom, Esker, Concord Technologies, XMedius, Retarus, Otelco, TELUS Business, CallTower, Nex-Tech, Integra Group, Xerox Corporation, Cloud Fax Service
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Fax Services Market Report Segments:
The global Cloud Fax Services market is segmented on the basis of:
Types
Subscription-Based Service, Pay-Per-Use Fax Service, Cloud Fax Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, Individual and Home Office, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- j2 Global
- OpenText
- Softlinx
- CenturyLink
- Biscom
- Esker
- Concord Technologies
- XMedius
- Retarus
- Otelco
- TELUS Business
- CallTower
- Nex-Tech
- Integra Group
- Xerox Corporation
- Cloud Fax Service
Highlights of The Cloud Fax Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Subscription-Based Service
- Pay-Per-Use Fax Service
- Cloud Fax Service
- By Application:
- Large Enterprises
- Individual and Home Office
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud Fax Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud Fax Services is a cloud-based fax service that allows users to send and receive faxes from anywhere in the world. The service offers a variety of features, including automatic document scanning and delivery, secure transmission, and easy access from any device.
Some of the major players in the cloud fax services market are j2 Global, OpenText, Softlinx, CenturyLink, Biscom, Esker, Concord Technologies, XMedius, Retarus, Otelco, TELUS Business, CallTower, Nex-Tech, Integra Group, Xerox Corporation, Cloud Fax Service.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cloud Fax Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cloud Fax Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cloud Fax Services Market - Supply Chain
4.5. Global Cloud Fax Services Market Forecast
4.5.1. Cloud Fax Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cloud Fax Services Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cloud Fax Services Market Absolute $ Opportunity
5. Global Cloud Fax Services Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cloud Fax Services Market Size and Volume Forecast by Type
5.3.1. Subscription-Based Service
5.3.2. Pay-Per-Use Fax Service
5.3.3. Cloud Fax Service
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cloud Fax Services Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cloud Fax Services Market Size and Volume Forecast by Application
6.3.1. Large Enterprises
6.3.2. Individual and Home Office
6.3.3. SMEs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cloud Fax Services Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cloud Fax Services Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cloud Fax Services Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cloud Fax Services Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cloud Fax Services Demand Share Forecast, 2019-2026
9. North America Cloud Fax Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cloud Fax Services Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cloud Fax Services Market Size and Volume Forecast by Application
9.4.1. Large Enterprises
9.4.2. Individual and Home Office
9.4.3. SMEs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cloud Fax Services Market Size and Volume Forecast by Type
9.7.1. Subscription-Based Service
9.7.2. Pay-Per-Use Fax Service
9.7.3. Cloud Fax Service
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cloud Fax Services Demand Share Forecast, 2019-2026
10. Latin America Cloud Fax Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cloud Fax Services Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cloud Fax Services Market Size and Volume Forecast by Application
10.4.1. Large Enterprises
10.4.2. Individual and Home Office
10.4.3. SMEs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cloud Fax Services Market Size and Volume Forecast by Type
10.7.1. Subscription-Based Service
10.7.2. Pay-Per-Use Fax Service
10.7.3. Cloud Fax Service
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cloud Fax Services Demand Share Forecast, 2019-2026
11. Europe Cloud Fax Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cloud Fax Services Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cloud Fax Services Market Size and Volume Forecast by Application
11.4.1. Large Enterprises
11.4.2. Individual and Home Office
11.4.3. SMEs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cloud Fax Services Market Size and Volume Forecast by Type
11.7.1. Subscription-Based Service
11.7.2. Pay-Per-Use Fax Service
11.7.3. Cloud Fax Service
11.8. Basis Point Share (BPS) Analysis by Tye
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cloud Fax Services Demand Share, 2019-2026
12. Asia Pacific Cloud Fax Services Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cloud Fax Services Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cloud Fax Services Market Size and Volume Forecast by Application
12.4.1. Large Enterprises
12.4.2. Individual and Home Office
12.4.3. SMEs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cloud Fax Services Market Size and Volume Forecast by Type
12.7.1. Subscription-Based Service
12.7.2. Pay-Per-Use Fax Service
12.7.3. Cloud Fax Service
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cloud Fax Services Demand Share, 2019-2026
13. Middle East & Africa Cloud Fax Services Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cloud Fax Services Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cloud Fax Services Market Size and Volume Forecast by Application
13.4.1. Large Enterprises
13.4.2. Individual and Home Office
13.4.3. SMEs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cloud Fax Services Market Size and Volume Forecast by Type
13.7.1. Subscription-Based Service
13.7.2. Pay-Per-Use Fax Service
13.7.3. Cloud Fax Service
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cloud Fax Services Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cloud Fax Services Market: Market Share Analysis
14.2. Cloud Fax Services Distributors and Customers
14.3. Cloud Fax Services Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. j2 Global
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OpenText
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Softlinx
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CenturyLink
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Biscom
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Esker
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Concord Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. XMedius
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Retarus
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Otelco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TELUS Business
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CallTower
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nex-Tech
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Integra Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Xerox Corporation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Cloud Fax Service
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook