The Fax over IP (FoIP) market will grow during the five-year forecast period, from $130 million in 2009 to $415 million in 2014, a 26.1% compound annual growth rate (CAGR).
Newport Beach, CA (PRWEB) June 14, 2011
Davidson Consulting, lead by Peter Davidson fax server industry expert analyst, has published a new report on FoIP Server Markets, that states the fax over IP (FoIP) market will grow during the five-year forecast period, from $130 million in 2009 to $415 million in 2014, a 26.1% compound annual growth rate (CAGR). Companies are converting their conventional fax servers to FoIP servers and increasing adoption of Internet-based fax services and Cloud Faxing technologies. Mr. Davidson indicates market growth will also be driven by server virtualization, centralization of fax operations, enhanced IP infrastructures, VoIP initiatives requiring an IP fax strategy, the ability to FoIP enable both multifunction peripherals (MFPs) and traditional fax machines while preserving audit trails and satisfying compliance regulations.
Overall, FoIP servers generated 88% of 2010 revenues, while hardware-based sales accounted for 12%. The report further predicts by 2013, hardware sales will be flat and will start to decline.
About The Report
The full FoIP Server market report is 76-pages in length, profiles 45 fax server vendors and 6 fax board vendors, and provides market shares for fax servers, IP fax servers, production fax, regional fax servers, fax boards, fax boards in the US and Europe, and regional fax servers. The report also provides forecasts for 12 different aspects of the computer-based fax industry. This report is the ideal sales, support and product management tool for fax technology ISV’s and FoIP resellers, VoIP ISV’s, VoIP Resellers, and enterprise class resellers. Additional FoIP information can be located at http://www.AllAboutFoIP.com. The full report is available for $3,500 and can be purchased by sending a Document Request to:
About One Touch Global And All About FoIP
One Touch Global Tech (OTGT) is a 21 year veteran of fax server product or cloud service selection, implementation and ongoing support services. Based in Newport Beach, California, OTGT serves Enterprise and SMB customers primarily in North America. OTGT is founder and publisher of http://www.AllAboutFoIP.com. AllAboutFoIP is the dedicated industry-wide “voice” for the Fax over IP industry. If you are planning a deployment of Fax over IP or Cloud Faxing, contact One Touch at 800-233-3619 or browse to http://www.otgt.com.
Document Request: http://www.allaboutfoip.com/document-request.html.
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