Absolute Markets Insights offers latest published report ‘Cloud Fax Market by User Type (Individual and Home Office, Small and Medium Enterprises and Large Enterprises); by End User (Health Sector, Banking, Financial Services and Insurance, Legal Sector, Manufacturing and Transportation and Logistics Sector); by Regional Outlook (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018 - 2026’. The author of the report analyzed that the Global Cloud Fax Market accounted for US$ 420.47 million in 2017. Cloud fax is a simple and cost-effective cloud-based solution to traditional fax machines and servers and it is used to send, receive and store faxes. It is faster as compared to old-style fax machines. Cloud fax services usually run on a secure, usage-based monthly subscription which include cost-effective and free solution.

Purchase the complete report titled “Cloud Fax Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018 - 2026” at https://www.absolutemarketsinsights.com/reports/Metal-Facade-Cladding-Market-2018-2026-119

Cloud Fax is a faxing service that enable employees to send and receive faxes as electronic messages straight from their existing email accounts. It eradicates the need for fax servers, fax machines, and associated infrastructure, reducing fax costs and enhancing productivity. Cloud fax has abridged capital and operational expenditure through online fax services. In addition, scalability and flexibility of online fax, mechanization of fax workflow, and improved adoption of cloud-based communication and collaboration platform are the major factors that are going to boost the market growth.

Many companies do not want to shift from traditional fax to cloud fax and there is lack of awareness among the people about this technology these are some of the factors which are limiting the growth of cloud fax market.

Moreover, availability of hybrid fax solutions and automation of fax workflow are expected to generate immense opportunity for global market over the forecast period.

Health Sector is Anticipated to be the Dominant Segment During the Forecast Period, 2018 - 2026

Among end user, health sector segment is accounted to hold the largest market share owing to the growing popularity of cloud-based technology across all specialties as a mechanism to lower costs and improve patient services. Healthcare organizations work smarter than ever to deliver exceptional patient service while optimizing profitability. Healthcare organizations continue to use fax as their primary method of clinical document exchange. 

North America is anticipated to be the Dominant Region During the Forecast Period.

North America is expected to hold the largest market in the aforementioned market with the rapid adoption of technology and with the growth of the small and medium enterprises in this region. Moreover, there are growing presence of several companies such as OpenText Corp. and Telus corporation investing in R&D and technological advancements such as growing 4G and upcoming 5G technology. These are some of the major factors boosting the demand of cloud fax market over the forecast period.  

Cloud Fax Market is Consolidated with the Presence of Global Players

Some of the key participants in global market are BiscomIncorporated, Concord Technologies, DocumoLLC, eFaxCorporate, Esker, GFI Software, Integra LTC Solutions, OpenText Corp., Retarus GmbH, TELUS Corporation, XMedius, amongst others. In January 2018, OpenText Corp. announced that Premier Medical Group will help to enhance security, service, and speed of patient information exchange by using OpenText RightFax with OpenText RightFax Connect. Premier Medical Group will deliver a secure and scalable, hybrid fax solution to OpenTextCorporation.

• Market By User Type:
  • Individual and Home Office
  • Small and Medium Enterprises
  • Large Enterprises
• Cloud Fax Market - By End User:
  • Health Sector
  • Banking, Financial Services and Insurance
  • Legal Sector
  • Manufacturing
  • Transportation and Logistics Sector
• Market By Region:
  • North America
    • U.S.
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
    • Rest of Asia Pacific
  • Middle East and Africa
    • GCC Countries
    • Southern Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Rest of Latin America