Fax Machines Market

A facsimile (commonly referred to as a fax) is a production of an exact copy of a document by electronic scanning, and the subsequent transmission of the resulting data. Faxes are transmitted over ordinary phone lines using fax machines.

In a typical fax transmission, the document to be faxed is placed in the document feeder of a fax machine and the telephone number of the destination fax machine is dialed. In a very short time, a replica of the document is received at the destination fax machine. By their very nature, faxes can contain any information that appears in written form.

Although businesses usually maintain some kind of fax capability, the technology has faced increasing competition from Internet-based alternatives. In some countries, because electronic signatures on contracts are not yet recognized by law, while faxed contracts with copies of signatures are, fax machines enjoy continuing support in business.

In many corporate environments, freestanding fax machines have been replaced by fax servers and other computerized systems capable of receiving and storing incoming faxes electronically, and then routing them to users on paper or via an email (which may be secured). Such systems have the advantage of reducing costs by eliminating unnecessary printouts and reducing the number of inbound analog phone lines needed by an office.

The once ubiquitous fax machine has also begun to disappear from the small office and home office environments. Personal computers have also long been able to handle incoming and outgoing faxes using analogue modems or ISDN, eliminating the need for a stand-alone fax machine. These solutions are often ideally suited for users who only very occasionally need to use fax services.

Fax Machines Market contains market size and forecasts of Fax Machines in global, including the following market information:

Global Fax Machines Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Fax Machines Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Fax Machines companies in 2021 (%)

The global Fax Machines market was valued at 977.3 million in 2021 and is projected to reach US$ 693.4 million by 2028, at a CAGR of -4.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Laser Fax Machine Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Fax Machines include Panasonic, Canon, BROTHER, Philips, SAMSUNG, Sharp, Ricoh, Fuji Xerox and Lenovo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Fax Machines manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Fax Machines Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Fax Machines Market Segment Percentages, by Type, 2021 (%)

Laser Fax Machine

Inkjet Facsimile Machine

Thermal Transfer Fax Machine

Global Fax Machines Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Fax Machines Market Segment Percentages, by Application, 2021 (%)

Office

Government

Household

Others

Global Fax Machines Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Fax Machines Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Fax Machines revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Fax Machines revenues share in global market, 2021 (%)

Key companies Fax Machines sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Fax Machines sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Panasonic

Canon

BROTHER

Philips

SAMSUNG

Sharp

Ricoh

Fuji Xerox

Lenovo

TOEC

Xoceco

Lexmark

HP

Muratec

Sagemcom

EPSON

Kyocera

Cimsun tech

Jinheng Technology