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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 🙂
Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.
How much of an impact will Online Fax Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.
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On this page, you’ll learn about the following:
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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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
