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Online Voting System Market: By Voting Type (On-site Online Voting and Remote Online Voting), By Platform (Kiosk, Mobile Device, Desktop, and Others), By Deployment Mode (On-Premise and Cloud-Based), By Organization Size (Large Enterprises and Small & Medium Enterprises), By End-User (Government, Universities & Colleges, Corporates, and Others), And By Regions – Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026

Covid-19

Global Online Voting System Market Size, Share

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Insights

According to Facts & Factors, the report on the global online voting system market clarifies the complete market overview along with the statistical information. In the current study, the market with growth at a CAGR of 6% during 2021–2026 is expected to reach a market value of around USD 582 Million by 2026 from an initial value of USD 255 Million in 2020.

logoMarket Overview

The drawbacks related to the traditional voting system such as setting up paper ballots, in-person voting systems, allocating staff, printing ballots, voting booths, secure transportation, etc. are costly affairs as well as time-consuming. Thus, the online voting system which is a software platform helps the government, corporates, and other end-users to virtually manage the elections. Moreover, the use of the Internet to cast a vote when located even in remote regions is likely to bolster the online voting systems market.

logoIndustry Growth Factors

The non-requirement of physical infrastructure such as printing ballots, booths, allocating staff, etc. is known to reduce not only monetary investments but also the dependency on manpower. Thus, the market for online voting systems is anticipated to propel over the forecast period. Furthermore, the advantages provided to the physically disabled or people dealing with other medical conditions further popularize the implementation of online voting systems across the globe. Technological advancements in the government sector coupled with the effective government policies associated with online voting systems are likely to provide better opportunities for market growth.

The use of high-end-to-end encryption or cryptography will further boost the utilization of online voting systems across the globe. the sudden onset of the COVID-19 pandemic has also encouraged the adoption of an online voting system. However, the growing security concerns and low awareness regarding online voting systems will hinder the market development over the forecast period.

Online Voting System Market

logoSegmentation Analysis

The global online voting system market is segmented based on voting type, platform, deployment mode, organization size, end-user, and regions.

Based on voting type, the global online voting system market is divided into on-site online voting and remote online voting. On the basis of platform, the market is categorized into kiosks, mobile devices, desktops, and others. From these, the mobile device segment is projected to dominate the global online voting system market owing to the convenience of location & time. The ease in the utilization through a web browser or application further propels the use of mobile devices for online voting. The rising purchase of mobile phones and penetration of the internet across the globe will further expand the market over the forecast period.

By deployment model, the market is classified into on-premise and cloud-based. Based on the organization size, the market is divided into large enterprises and small & medium enterprises. The large enterprise segment is anticipated to dominate the global online voting system market. The growth is primarily due to the conducting of voting based on some important business decisions. The monetary expenses encourage large enterprises to opt for online voting software instead of the traditional method of voting.

On the basis of end-user, the global online voting system market is fragmented into government, universities & colleges, corporates, and others. The government segment accounts for the highest market share in the global online voting system market. Growing adoption of hi-end technologies and digitalization by the general and local public further enhance the segment growth. The surging involvement of the online voting system in political elections is increasing the market revenue of the government in the global online voting system market.

logo Report Scope

Report Attribute

Details

Market Size in 2020

USD 255 Million

Projected Market Size in 2026

USD 582 Million

CAGR Growth Rate

6% CAGR

Base Year

2020

Forecast Years

2021-2026

Key Market Players

Avante International Technology, Higher Logic, Inc., Delib Ltd., Australian Election Company Corp., Clear Ballot, Inc., Benel Solutions Corp., Association Technology Solutions, Hart Intercivic, Inc., Dominion Voting Systems Corp., Votebox, Microvote General Corp., 21c Consultancy Ltd, Insightrix Research Services, ElectionBuddy, Inc., NVOTES, PollGateway, Voting Solutions Ply Ltd, and others.

Key Segment

By Voting Type, By Platform, By Deployment Mode, By Organization Size, By End-User, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logo Regional Analysis

North America is projected to hold the highest market share in the global online voting system market. The growth is basically due to the rising trend of online voting pilot projects and demand for fair & safe counting. The increasing adoption of online voting in the academic, political, and corporate sectors is propelling the market revenue of North America in the global online voting system market.

logo Competitive Players

Key players dominating the global online voting system market include Avante International Technology, Higher Logic, Inc., Delib Ltd., Australian Election Company Corp., Clear Ballot, Inc., Benel Solutions Corp., Association Technology Solutions, Hart Intercivic, Inc., Dominion Voting Systems Corp., Votebox, Microvote General Corp., 21c Consultancy Ltd, Insightrix Research Services, ElectionBuddy, Inc., NVOTES, PollGateway, Voting Solutions Ply Ltd, SCYTL, Election Runner, BALLOTEER, Meridia Interactive Solutions, OpaVote, Smartmatic, Right2Vote, POLYAS International GmbH, Yes Elections, ezVote, eBallot, and Scytl Secure Electronic Voting, among others.

logo By Voting Type Segment Analysis

  • On-site Online Voting
  • Remote Online Voting

logo By Platform Segment Analysis

  • Kiosk
  • Mobile Device
  • Desktop
  • Others

logo By Deployment Mode Segment Analysis

  • On-Premise
  • Cloud-Based

logo By Organization Size Segment Analysis

  • Large Enterprises
  • Small & Medium Enterprises

logo By End-User

  • Government
  • Universities & Colleges
  • Corporates
  • Others

logo By Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Covid-19

Online Voting System Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Avante International Technology
  • Higher Logic Inc.
  • Delib Ltd.
  • Australian Election Company Corp.
  • Clear Ballot Inc.
  • Benel Solutions Corp.
  • Association Technology Solutions
  • Hart Intercivic Inc.
  • Dominion Voting Systems Corp.
  • Votebox
  • Microvote General Corp.
  • 21c Consultancy Ltd
  • Insightrix Research Services
  • ElectionBuddy Inc.
  • NVOTES
  • PollGateway
  • Voting Solutions Ply Ltd
  • SCYTL
  • Election Runner
  • BALLOTEER
  • Meridia Interactive Solutions
  • OpaVote
  • Smartmatic
  • Right2Vote
  • POLYAS International GmbH
  • Yes Elections
  • ezVote
  • eBallot
  • Scytl Secure Electronic Voting

Frequently Asked Questions

The factors propelling the growth of the global online voting system market include rising for security of votes, low physical infrastructure, and minimal monetary investment. Additionally, the ease in counting, managing, and advantage for the physically disabled is likely to fuel the online voting system market.
According to Facts & Factors, global demand for the online voting system market is expected to generate revenue of around USD 582 Million by end of 2026, growing at a CAGR of around 6% between 2021 and 2026.
North America accounts for the largest market share in the global online voting system market due to the rising trend of online voting pilot projects and demand for fair & safe counting. Moreover, the increasing implementation of online voting the academic, political, and corporate sector will further drive the global online voting system market in this region.
The key players dominating the global online voting system market include Avante International Technology, Higher Logic, Inc., Delib Ltd., Australian Election Company Corp., Clear Ballot, Inc., Benel Solutions Corp., Association Technology Solutions, Hart Intercivic, Inc., Dominion Voting Systems Corp., Votebox, Microvote General Corp., 21c Consultancy Ltd, Insightrix Research Services, ElectionBuddy, Inc., NVOTES, PollGateway, Voting Solutions Ply Ltd, SCYTL, Election Runner, BALLOTEER, Meridia Interactive Solutions, OpaVote, Smartmatic, Right2Vote, POLYAS International GmbH, Yes Elections, ezVote, eBallot, and Scytl Secure Electronic Voting, among others.
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