NAICS Code 423420-22 - Facsimile Comm Equipment Systems/Supplies (Wholesale)
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NAICS Code 423420-22 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423420-22
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Tools
Tools commonly used in the Facsimile Comm Equipment Systems/Supplies (Wholesale) industry for day-to-day tasks and operations.
- Fax machines
- Fax modems
- Fax servers
- Fax software
- Toner cartridges
- Ink cartridges
- Paper trays
- Rollers
- Maintenance kits
- Power cords
Industry Examples of Facsimile Comm Equipment Systems/Supplies (Wholesale)
Common products and services typical of NAICS Code 423420-22, illustrating the main business activities and contributions to the market.
- Fax machines
- Fax modems
- Fax servers
- Fax software
- Toner cartridges
- Ink cartridges
- Paper trays
- Rollers
- Maintenance kits
- Power cords
Certifications, Compliance and Licenses for NAICS Code 423420-22 - Facsimile Comm Equipment Systems/Supplies (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Federal Communications Commission (FCC) Certification: This certification is required for all electronic devices that emit radio frequency energy. The FCC regulates the import, sale, and use of these devices in the US. The certification ensures that the device meets the FCC's technical standards and is safe to use.
- Occupational Safety and Health Administration (OSHA) Certification: This certification is required for businesses to ensure that their workplace is safe and healthy for their employees. OSHA sets and enforces safety standards and provides training, outreach, education, and assistance to businesses.
- Environmental Protection Agency (EPA) Certification: This certification is required for businesses that handle hazardous waste. The EPA regulates the generation, transportation, treatment, storage, and disposal of hazardous waste to protect human health and the environment.
- International Organization for Standardization (ISO) Certification: This certification is a globally recognized standard for quality management systems. It ensures that a business has a consistent and effective approach to quality management and customer satisfaction.
- National Association Of Wholesaler-Distributors (NAW) Certification: This certification is designed for wholesale distribution professionals and provides education and training on industry best practices, trends, and issues. It helps businesses improve their operations and profitability.
History
A concise historical narrative of NAICS Code 423420-22 covering global milestones and recent developments within the United States.
- The Facsimile Communication Equipment Systems/Supplies (Wholesale) industry has a long history dating back to the 19th century when the first fax machine was invented. The first commercial fax machine was introduced in the 1960s, and by the 1980s, fax machines had become a standard office tool. The industry experienced significant growth in the 1990s with the introduction of digital fax machines and the internet, which allowed for the transmission of faxes over email. In recent years, the industry has faced challenges due to the increasing use of digital communication methods such as email and messaging apps. In the United States, the industry has seen a decline in revenue in recent years due to the shift towards digital communication methods.
Future Outlook for Facsimile Comm Equipment Systems/Supplies (Wholesale)
The anticipated future trajectory of the NAICS 423420-22 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Shrinking
The facsimile communication equipment systems and supplies wholesale industry is expected to experience a decline in revenue over the next five years. The industry is facing increasing competition from digital communication technologies, such as email and instant messaging, which are replacing traditional fax machines. Additionally, the COVID-19 pandemic has accelerated the shift towards remote work, reducing the need for fax machines and related supplies. However, the industry is expected to continue to serve a niche market of businesses and organizations that require fax machines for legal or regulatory reasons. The industry is also expected to benefit from the growing trend of paperless offices, as businesses will still require digital fax solutions. Overall, the industry is expected to face challenges in the coming years, but will likely continue to serve a niche market of businesses and organizations that require fax machines for specific purposes.
Industry Innovations for NAICS Code 423420-22
Recent groundbreaking advancements and milestones in the Facsimile Comm Equipment Systems/Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Cloud-Based Fax Services: Cloud-based fax services have become increasingly popular in recent years, allowing businesses to send and receive faxes digitally without the need for a physical fax machine. These services offer a range of features, such as document management and integration with other business software.
- Multifunction Printers: Many modern printers now include fax capabilities, allowing businesses to send and receive faxes without the need for a separate machine. These printers often include additional features, such as scanning and copying, making them a versatile option for businesses.
- Digital Signature Solutions: Digital signature solutions have become increasingly popular in recent years, allowing businesses to sign and send documents digitally. This has reduced the need for physical fax machines and related supplies, as businesses can now sign and send documents digitally.
- Mobile Fax Apps: Mobile fax apps have become increasingly popular in recent years, allowing businesses to send and receive faxes from their mobile devices. These apps offer a range of features, such as document management and integration with other business software.
- Online Fax Services: Online fax services have been around for many years, but have become increasingly popular in recent years as businesses look for digital solutions. These services allow businesses to send and receive faxes digitally, without the need for a physical fax machine.
NAICS Code 423420-22 - Facsimile Comm Equipment Systems/Supplies (Wholesale)
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