Cloud Fax Market-New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
Los Angeles, CA -- (SBWIRE) -- 10/02/2018 -- This report focuses on the global Cloud Fax status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cloud Fax development in United States, Europe and China.
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.
Cloud Fax is mainly used by three groups: Individual and home office?Small and Medium Enterprises?Large Enterprises Issuers and Investors. And Large Enterprises are the most widely used group which takes up about 49.48% of the global market in 2016.
North America is the largest sales region of Cloud Fax market in the world in the past few years. North America market took up about 56.91% the global market in 2016, while Europe was 22.26%.
North America is now the key developers of Cloud Fax market. There are several companies?such as OpenText?CenturyLink?eFax Corporate and TELUS.
OpenText?CenturyLink?Esker?eFax Corporate?Biscom?TELUS and Retarus are the key suppliers in the global Cloud Fax market. Top 3 took up about 56.59% of the global market in 2016.
In 2017, the global Cloud Fax market size was 420 million US$ and it is expected to reach 920 million US$ by the end of 2025, with a CAGR of 10.3% during 2018-2025.
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The key players covered in this study
Market segment by Type, the product can be split into
Fax from the Desktop
Fax from Email
Fax from Web
Market segment by Application, split into
Individual and Home Office
Small and Medium Enterprises
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