In 2005, the Junk Fax Prevention Act amended the TCPA to permit the sending of unsolicited facsimile advertisements to individuals and businesses with which the sender has an established business relationship (EBR) and to provide a process by which any sender must cease sending such advertisements upon the request of the recipient. On April 5, 2006, the Commission adopted rules to implement the Junk Fax Prevention Act. It requires the sender of fax advertisements to provide notice and contact information on the fax that allows recipients to opt-out of future fax transmissions from the sender and requires senders to honor opt-out requests within the shortest reasonable period of time, not to exceed 30 days.
According to the report, Continuation of Federal Security Requirement towards Fax Services is one of the primary growth factors for the market. Surging Shifting of Industries towards Cloud-Based Fax Services
is also expected to contribute significantly to the Fax Services market. Overall, Healthcare
applications of Fax Services, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Deployment Mode, such as On-Premises, is boosting the Fax Services market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Enterprise Size, such as Small and Medium Enterprises (SMEs), is boosting the Fax Services market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Fax Services market identified that the demand is rising in many different parts of the world as "Rising Focus on the Internet Infrastructure in Developing Region".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Fax Services market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Fax Services market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.