Global Cloud Fax Market Growth (Status and Outlook) 2023-2029

Global Cloud Fax Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Cloud Fax Industry Forecast” looks at past sales and reviews total world Cloud Fax sales in 2022, providing a comprehensive analysis by region and market sector of projected Cloud Fax sales for 2023 through 2029. With Cloud Fax sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cloud Fax industry.

This Insight Report provides a comprehensive analysis of the global Cloud Fax landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cloud Fax portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cloud Fax market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cloud Fax and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cloud Fax.

The global Cloud Fax market size is projected to grow from US$ 619.5 million in 2022 to US$ 1260.9 million in 2029; it is expected to grow at a CAGR of 10.7% from 2023 to 2029.

Global Cloud Fax main players are OpenText, CenturyLink, eFax Corporate, Xmedius, etc. Global top four manufacturers hold a share over 60%. North America is the largest market, with a share nearly 55%.

This report presents a comprehensive overview, market shares, and growth opportunities of Cloud Fax market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Fax from the Desktop
Fax from Email
Fax from Web

Segmentation by application
Individual and Home Office
Small and Medium Enterprises
Large Enterprises
Global

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
OpenText
CenturyLink
Esker
eFax Corporate
Concord
Biscom
Xmedius
TELUS
GFI Software
Integra
Retarus

Please note: The report will take approximately 2 business days to prepare and deliver.