Global and Japan Fax Machines Market Insights, Forecast to 2027

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In many corporate environments, freestanding fax machines have been replaced by fax servers and other computerized systems capable of receiving and storing incoming faxes electronically, and then routing them to users on paper or via an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.

USA is the largest Fax Machines market with about 33% market share. Europe is follower, accounting for about 26% market share.
The key players are Panasonic, Canon, BROTHER, Philips, SAMSUNG, Sharp, Ricoh, Fuji Xerox, lenovo, TOEC, Xoceco, Lexmark, HP, Muratec, Sagemcom, EPSON, kyocera, Cimsun tech, Jinheng Technology etc. Top 3 companies occupied about 40% market share.

Market Analysis and Insights: Global and Japan Fax Machines Market
This report focuses on global and Japan Fax Machines market.
In 2020, the global Fax Machines market size was US$ 1004.6 million and it is expected to reach US$ 698.2 million by the end of 2027, with a CAGR of -5.0% during 2021-2027. In Japan the Fax Machines market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Fax Machines Scope and Market Size
Fax Machines market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Fax Machines market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Fax Machines market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.


Segment by Type
Laser Fax Machine
Inkjet Facsimile Machine
Thermal Transfer Fax Machine


Segment by Application
Office
Government
Household
Others


By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E


By Company
Panasonic
Canon
BROTHER
Philips
SAMSUNG
Sharp
Ricoh
Fuji Xerox
Lenovo
TOEC
Xoceco
Lexmark
HP
Muratec
Sagemcom
EPSON
Kyocera
Cimsun tech
Jinheng Technology