- Posted September 24, 2013 by
This iReport is part of an assignment:
Faxing: The "Dinosaur" That Just Won't Die
While the fax machine sitting in the corner of your office may be dying a slow death, online faxing is alive and well.
According to ResearchandMarkets.com, the computer-based faxing market was worth 350 million dollars in 2010. In 2015, that number is projected to increase to $620 million.
A recent infographic produced by online fax service Fax87.com highlights current online interest in faxing: http://fax87.com/fax-machines-dead-online-faxing-alive/
Online search trends show steady interest in “online fax” and a steady decline in interest for “fax machine”. According to FaxAuthority.com, “… the business world has seen a major decline in the volume of fax transmissions, as volume moves to other internet-based methods.”
Globally, some markets and industries will continue to use traditional faxing due to unreliable and expensive internet access.
For many that use online faxing domestically, security is key. Online faxing is, generally speaking, more secure than email so it’s better for things like medical records and legal documents. Legality and the desire to have a “paper trail” may be among the top reasons faxing still exists today.
Digital signatures posed the biggest threat to both traditional and online faxing, but users failed to embrace this technology. According to NBCNews.com, “… there remains a level of societal skepticism over the viability of digitally certified documents.”
While the end of faxing has been predicted for over a decade, faxing as a communication medium has managed to adapt with the times rather than become a victim of technological advancement.