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Global Online Election Voting Software Market is Expected to Grow at a CAGR of 5.78% over the Forecast Period, With Rising Digital Initiatives and Internet Penetration, says Absolute Market Insights

Published On 02 Jun 2021 02:08 AM


The introduction of smart devices and increasing presence of market players through distributed channels has offered opportunities for the growth of global online election voting software market. An online election voting software is a platform that allows groups to securely cast votes and conduct elections. Increasing internet penetration, easy accessibility and growing smart device users across the globe is creating a rising demand for online election voting software market. Online voting softwares designed for mobile devices permits voters to access these softwares from web browser or an application, providing high flexibility and convenience of one’s location and time. Voters can cast their votes via text messaging (SMS) or by responding online. For instance, National Conference of State Legislatures states that West Virginia offers a mobile voting application since 2018, which is based on blockchain technology. Additionally, the surge in demand for online voting softwares across various end-users, such as industrial organizations, government parties, educational universities and colleges, along with rapid urbanisation across the globe are the major factors anticipating the growth of the global online election voting software market. The recent COVID-19 pandemic has demanded to practise safety procedures in upcoming elections to break the chain of the deadly virus. This is further encouraging end-users to adopt online election voting software solutions

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Continuous evolution in the voting system technology along with the rising number of industrial organizations and government parties worldwide that compete for different types of polls and the growing population, increasing globalization and awareness for voting system amongst consumers are few factors that are further propelling the global online election voting software market. Colleges and universities often hold multiple elections for student associations to decide representatives, for staffs to elect departmental heads, for alumni associations to elect the coordinator and for board of trustees. Students and staff face multiple challenges in conducting an election in a traditional ways as they have to allocate dedicated time of their schedule to these elections which hamper their academic performance. Similarly, trustees and alumni of the universities have to travel and spend a lot of time for their respective elections. These challenges associated with traditional voting system are encouraging colleges and universities to adopt online election voting solutions. Foothill College of California, provides a single screen solution for all the elections conducted by the college where students, staff, alumni, and trustees can cast their votes online through any device with an internet connection. With growing number of colleges and universities adopting online ballots, the global online election voting software market is gaining more traction

The detailed research study provides qualitative and quantitative analysis of global online election voting software market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

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 Key Findings of the Report:

  • In terms of revenue, global online election voting software market was valued at US$ 278.65 Mn in 2020 and is anticipated to reach US$ 366.79 Mn by 2025 growing at a CAGR of 5.78% over the forecast period (2021 – 2029).
  • By offerings, software segment accounted for the highest market share in the global online election voting software market in 2020.
  • By deployment type, on premise accounted for the highest market share in the global online election voting software market 2020.
  • With high adoption of smart devices such as laptops, smartphones, tablets remote online voting is the expected to be fastest growing segment over the forecasted period (2021-2029) under voting location category.
  • By application, vote integrity registered for the highest market share in the global online election voting software market 2020.
  • By platform, smartphones accounted for the highest market share in the global online election voting software market in 2020. As consumers across the globe are adopting advanced and innovative technologies to upgrade their lifestyle, smartphones segment will continue to maintain is dominance over the forecast period (2021-2029).
  • By end-user, government segment registered the highest market share in the global online election voting software market in 2020.
  • In 2020, North America accounted for the highest market share in the global online election voting software market.
  • Some of the players operating in the global online election voting software market are AGORA VOTING SL, AO Kaspersky Lab, AssociationVoting .com, LLC, BALLOTEER, eBallot, Eko Internet Marketing, LLC, Election-America, ElectionBuddy, Inc., Insightrix Research Services, Paragon Customer Communications, Print Image Network Ltd., Scytl Election Technologies S.L., Vero Engagements & Voting Solutions Pty Ltd. and other market participants.


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Global Online Election Voting Software Market

  • By Offerings
    • Software
      • Standalone
      • Integrated and Customized
    • Services
      • Managed Elections
      • Design and Strategy Services
      • Implementation Services
      • Others
  • By Deployment Type
    • Cloud-Based
    • On-Premise
  • By Voting Location
    • On Polling Site Online Voting
    • Remote Online Voting 
  • By Voting Type
    • Anonymous Voting
    • Weighted Voting
    • Proxy Voting
    • Others
  • By Application
    • Vote Integrity
      • One-to-One Voting  
      • Voter Authentication
      • Real-Time Turnout Analytics
      • Ballot Testing and Quality Control
    • Voter Management Services
    • Voter Upload Modules
    • Scheduling Options
    • Email Deliverability Reports
    • Third Party Scans
    • GDPR
    • Data Storage and Backups
    • Auditing, Security and Vote Customization
    • Others
  • By Platform
    • Smartphone
    • PC
    • Tablet
    • Kiosks
    • Others
  • By End Users
    • Governments
    • Membership Organizations and Associations
    • Corporate Organizations.
    • Bar Associations
    • Universities
    • Healthcare and Hospitals
    • Unions
    • Housing Societies, Cooperatives and Socials Groups 
    • Award Shows
    • HOAs
    • Credit Unions
    • Law Firms
    • K-12 Schools
    • Sports
    • Others (NGOs, Charities, PTAs, Country Clubs, Booster Clubs, Churches, SGA Elections, Civic Organizations, Sororities, etc.)
  • By Region
  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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Press Release Provided By: Absolute Markets Insights