Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Cloud Fax Services Market by Type (Subscription-Based Service, Pay-Per-Use Fax Service, Cloud Fax Service), By Application (Large Enterprises, Individual and Home Office, SMEs) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Cloud Fax Services Market by Type (Subscription-Based Service, Pay-Per-Use Fax Service, Cloud Fax Service), By Application (Large Enterprises, Individual and Home Office, SMEs) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 172064 3300 IT & Telecom 377 249 Pages 4.9 (31)
                                          

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.


Global Cloud Fax Services Industry Outlook


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:

  1. j2 Global
  2. OpenText
  3. Softlinx
  4. CenturyLink
  5. Biscom
  6. Esker
  7. Concord Technologies
  8. XMedius
  9. Retarus
  10. Otelco
  11. TELUS Business
  12. CallTower
  13. Nex-Tech
  14. Integra Group
  15. Xerox Corporation
  16. Cloud Fax Service

Global Cloud Fax Services Market Overview


Highlights of The Cloud Fax Services Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Subscription-Based Service
    2. Pay-Per-Use Fax Service
    3. Cloud Fax Service
  1. By Application:

    1. Large Enterprises
    2. Individual and Home Office
    3. SMEs
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Cloud Fax Services Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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