What is Fax Card Market?
A fax card is an electronic device that allows users to send and receive documents using fax machines or telephone modems. The fax/modem card is a device used to route fax messages and connect to the Internet, that is no longer typically used in modern computers. The document might be in the form of an image or text, and it is sent to the recipient using the phone number provided. Increased ICT expenditures and digitalization of business operations are projected to drive significant growth in the worldwide fax card market in the near future. However, obstacles such as growing Internet penetration and a lack of awareness are projected to limit market expansion.
The market study is being classified by Type (32-bit and 64-bit), by Application (PC, Server and Printer) and major geographies with country level break-up.
Mainpine Inc. (United States), Mitsubishi Electric Corporation (Japan), Dialogic Corporation (United States), MEDIA5 CORPORATION (Canada), GFI Software (Malta), USRobotics (United States), Aculab (United Kingdom), Synaptics Incorporated (United States), D-Link Corporation (Taiwan) and Xerox Corporation (United States) are some of the key players profiled in the study.
The market is highly competitive with several local and global players present in the market. The major players are trying various product innovation and marketing techniques to gain a competitive edge in the market. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Fax Card market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Fax Card market by Type, Application and Region.
On the basis of geography, the market of Fax Card has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Reduced Capital and Operational Expenditure through Internet Fax Service
- Increasing Demand for Flexibility and Scalability of Internet Fax
Market Trend
- Rising Adoption of Automation of Fax Workflow
Opportunities
- Increased Adoption of Cloud-Based Communication and Collaboration Platform
- Rising ICT Spending and Digitalisation of Business Processes
Challenges
- Various Other Better Alternatives Present in the Market
Key Target Audience
Technology Providers, Software Providers, IT Companies and Fax Card Companies