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.
Cloud Fax is mainly used by three groups: Individual and home office?Small and Medium Enterprises?Large Enterprises Issuers and Investors. And Large Enterprises are the most widely used group which takes up about 49.48% of the global market in 2016.
North America is the largest sales region of Cloud Fax market in the world in the past few years. North America market took up about 56.91% the global market in 2016, while Europe was 22.26%.
North America is now the key developers of Cloud Fax market. There are several companies?such as OpenText?CenturyLink?eFax Corporate and TELUS.
OpenText?CenturyLink?Esker?eFax Corporate?Biscom?TELUS and Retarus are the key suppliers in the global Cloud Fax market. Top 3 took up about 56.59% of the global market in 2016.

According to this study, over the next five years the Cloud Fax market will register a 10.4% CAGR in terms of revenue, the global market size will reach USD 760 million by 2024, from USD 420 million in 2019. In particular, this report presents the global revenue market share of key companies in Cloud Fax business, shared in Chapter 3.

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

This study considers the Cloud Fax value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Fax from the Desktop
Fax from Email
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Individual and Home Office
Small and Medium Enterprises
Large Enterprises
Global

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
OpenText
CenturyLink
Esker
eFax Corporate
Concord
Biscom
Xmedius
TELUS
GFI Software
Integra
Retarus

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Cloud Fax market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cloud Fax market by identifying its various subsegments.
Focuses on the key global Cloud Fax players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cloud Fax with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Cloud Fax submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.