The study covers a detailed analysis segmented by key business segments i.e. by type (On-premise and Cloud Based) , by application (Individual and Home Office, Small and Medium Enterprises (SMEs) and Large Enterprises) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Online Fax Service market throughout the predicted period.
What is Online Fax Service?
Online fax is also called as e-fax or internet fax acts as a virtual fax machine that uses the internet and internet protocols to transfer fax (facsimile), instead of using a traditional telephone connection and a fax machine. In Online faxing users don’t need to buy and install fax servers, modems, and special applications. Additionally, users subscribe to a third-party Internet faxing service provider that converts e-mails to faxes and faxes to e-mails for you. With help of Internet faxing, any document that can be attached to an e-mail can be faxed to an analog fax machine.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Online Fax Service market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, including:
- RingCentral, Inc. (United States)
- FaxBetter (United States)
- GotFreeFax (Canada)
- SRFax (Canada)
- mFax (United States)
- Biscom (United States)
- FaxZero (United States)
- RapidFAX (United States)
- PamFax (Germany)
- TrustFax (United States)
Market Overview:
In August 2021- J2 Global, Inc. leading online faxing service and clod based services providing company acquiring Australian based Zintel Communications Company. Zintel offers a wide varierty of services for business and personal customers such as email faxing, voice mail and others.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Market Trend
Increasing adoption of environmentally friendly systems
Restraints
- Not Useful in Places where Limited or Poor Internet Connections
Opportunities
Increasing adoption of Online Fax Solution in Healthcare Industry
Key highlights of the Global Online Fax Service market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Online Fax Service market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Online Fax Service market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Online Fax Service Players
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Fax Service market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Online Fax Service market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Online fax services providers, Venture Capitalists and Private Equity Firms, New Entrants/Investors and Analysts and Strategic Business Planners.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.