Introduction of Internet Fax Services
An Internet Fax Service is a service that allows you to send and receive faxes over the Internet without the need for a fax machine or a dedicated phone line. Instead of a physical fax machine, you use an online platform or software to send and receive faxes using your email or a web interface.
With an Internet Fax Service, you can send and receive faxes from anywhere worldwide, as long as you have an Internet connection. This makes it a convenient option for businesses and individuals who need to send and receive faxes regularly, especially if they work remotely or need to send faxes to international destinations.
Modernisation and Cloud-Based Adoption to Drive Growth in Internet Fax Services Market
Despite the digitalisation of communication technologies, conventional fax machines continue to be used by organisations, accounting for approximately 10% of fax usage worldwide.
However, modernisation in fax services has resulted in the development of digital technology, enabling the transmission of high data rates across standard phone lines through the digitisation and compression of analogue signals from scanners. Although large enterprises continue to prefer on-premises FOIP solutions, adopting cloud-based VOIP services is anticipated to drive growth in hybrid fax services.
Online Fax Services to Drive Market Growth in North America and the Middle East
The Canadian market is expected to experience significant growth in the coming years, as the leading Canadian online fax provider reports at least 1,000 new customers for its services each month in the North American region. As a result, North America will remain a major revenue-generating region for the fax service market during the forecasted period.
In addition, adopting online fax services is expected to accelerate in the Middle East and Africa, driven by integrating fax solutions with document management or cloud communication software. This integration is anticipated to boost the market for fax services in the region, leading to an increase in demand for online fax solutions.
Conclusion
The fax services market is projected to experience significant growth over the next five years, driven by the adoption of modernised technology and cloud-based solutions. The North American region is expected to remain a major revenue-generating region for the fax service market. At the same time, the Middle East and Africa are predicted to see growth in adopting online fax services by integrating fax solutions with document management or cloud communication software.
Author's Detail:
Supriya R Ghadge, LinkedIn
I am working as a Senior Research Analyst, mainly involved in conducting market research in the Information and Communication, and Technology domain. Skilled in Secondary Research, Primary Research, Data Analytics Research approaches with extensive experience providing first-class results. Highly focused, have analytical skills, and synergetic with positive energizers. Meets job demands and deadlines through diligent work-ethic and dedication to quality. Works with clients to determine requirements and provide excellent service.
Author's Detail:
Supriya Jagtap /
LinkedIn
I am working as a Senior Research Analyst, mainly involved in conducting market research in the Information and Communication, and Technology domain. Skilled in Secondary Research, Primary Research, Data Analytics Research approaches with extensive experience providing first-class results. Highly focused, have analytical skills, and synergetic with positive energizers. Meets job demands and deadlines through diligent work-ethic and dedication to quality. Works with clients to determine requirements and provide excellent service.