Online Fax Statistics 2023: Facts about Online Fax outlines the context of what’s happening in the tech world.
LLCBuddy editorial team did hours of research, collected all important statistics on Online Fax, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂
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Top Online Fax Statistics 2023
☰ Use “CTRL+F” to quickly find statistics. There are total 10 Online Fax Statistics on this page 🙂Online Fax “Latest” Statistics
- Sending online fax could save up to 1 million trees or 10 billion pages of paper after shifting fax machines use by 5%.[1]
- The market for virtual fax services is expected to grow at a CAGR of 15.2%.[1]
- Other industry experts predict the VoIP market will expand by around 15.3% annually in the next four years.[1]
- Certain industries in Japan see over 50% of information exchanged through fax.[2]
- 88% of data breaches result from human mistakes, which is concerning for companies that still utilize older fax machines.[2]
- Each year, considering energy and water, reducing paper by 5% would save 360 million gallons of water.[1]
- Forecast global online fax market was estimated to be worth 3,174.16 million in 2019 and is expected to reach 8,340.58 million by 2027, increasing at a CAGR of 13.06% from 2020 to 2027.[3]
- The drug enforcement administration didn’t permit electronic signatures for schedule II medicines like Ritalin and opiates, which make up roughly 10% of all prescriptions, until 2010.[4]
- 82% of 200 large firms with over 500 employees saw workers send the same faxes daily.[4]
- 89% of 1,513 respondents from an online forum for IT experts said they still sent faxes.[4]
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How Useful is Online Fax
Online fax, also known as internet fax or digital fax, allows users to send faxes directly from their computers or mobile devices without the need for a dedicated fax machine or phone line. This convenient method of transmitting documents has made it easier for individuals and businesses to communicate efficiently and securely.
One of the main advantages of online fax is its convenience. By eliminating the need for a physical fax machine, users can save time and money on maintenance, paper, and ink. Instead of being tied to a physical location, online fax allows users to send and receive faxes from anywhere with an internet connection. This flexibility is particularly beneficial for individuals who work remotely or travel frequently.
Online fax also offers improved organization and security features compared to traditional faxing methods. Faxes can be digitally stored, categorized, and easily retrieved, reducing the risk of misplacing important documents. With encryption technology, online fax services can also ensure that sensitive information is transmitted securely, protecting against unauthorized access or interception.
Furthermore, online fax is environmentally friendly, as it reduces paper waste and energy consumption associated with traditional fax machines. By switching to digital faxing, businesses can contribute to sustainability efforts and reduce their carbon footprint.
Despite its many advantages, some may argue that online fax is unnecessary in a world dominated by email and instant messaging. While it is true that electronic communication methods have largely replaced traditional faxing, there are still situations where faxing remains relevant. Certain industries, such as healthcare, legal, and government, often require the use of fax for regulatory compliance or legal reasons. In these cases, online fax provides a modern and efficient alternative to traditional fax machines.
In conclusion, online fax is a useful tool for both individuals and businesses looking to streamline their communication processes. Its convenience, organization, security, and environmental benefits make it a valuable addition to modern workplaces. While traditional fax machines may be on the decline, online fax offers a practical and efficient solution for those who still require the use of faxing in their day-to-day operations.
Reference
- bebusinessed – https://bebusinessed.com/online-fax/impressive-stats-of-online-fax/
- efax – https://www.efax.com/uk/blog/is-fax-still-used
- verifiedmarketresearch – https://www.verifiedmarketresearch.com/product/online-fax-market/
- washingtonpost – https://www.washingtonpost.com/national/health-science/faxing-is-old-tech-so-why-is-it-also-growing-in-popularity/2019/03/08/d01c638a-2f0b-11e9-86ab-5d02109aeb01_story.html