Global Online Fax Market (2020 to 2027) - Featuring Opentext, Docusign and Esker Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Online Fax Market Size By Product, By Application, By Geographic Scope And Forecast" report has been added to ResearchAndMarkets.com's offering.

The global online fax market was valued at USD 3,174.16 Million in 2019 and is projected to reach USD 8,340.58 Million by 2027, growing at a CAGR of 13.06% from 2020 to 2027.

The Global Online Fax Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Online Fax Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.

Fax still remains a significant piece of the technology landscape and continues to play an important communications role in various industries that include finance, healthcare, and manufacturing among others.

This report provides an all-inclusive environment of the analysis for the Global Online Fax Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global Online Fax Market growth.

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter's Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Global Online Fax Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global Online Fax Market.

Market Dynamics

Drivers

• Increasing Application of Online Fax in Different Industries
• Increasing Need of Cost-Effective Faxing Solutions

Restraints

• Not Ideal for Use in Places With Limited or Poor Internet Connections
• Lack of Skilled Workforce to Utilize All the Features and Applications

Opportunities

• Rising Demand of Online Fax Solution from Healthcare Industry
• Increased Focus on the Usage of Environmentally Friendly Products

Companies Profiled

• Centurylink, Inc. (Lumen Technologies, Inc.)
• Opentext
• Efax Corporate (J2 Global, Inc.)
• Ringcentral Inc.
• Docusign
• Esker
• Otelco, Inc.
• Onespan
• Softlinx, Inc.
• Biscom, Inc.
• Concord Technologies, Inc.
• Retarus
• Hellofax, Inc.
• Rpost

For more information about this report visit https://www.researchandmarkets.com/r/k7abui