London, United Kingdom, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled “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” in its research database.
“According to the latest research study, the demand of global Online Voting System Market size & share was valued at approximately USD 255 million in 2020 and is expected to reach a value of around USD 582 million by 2026, at a Compound Annual Growth Rate (CAGR) of around 6% between 2021 and 2026.”
The COVID condition and the economic slump have altered the market statistics all over the world. This is a specialized and very comprehensive report about the main and secondary drivers of the online voting system market, as well as production, leading segments, market share, and geographic analysis (such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa.)
What is Online Voting System? How big is the Online Voting System Market?
- Industry Overview & Coverage:
The online voting system involves online registration of voters, casting of votes, vote counting, and declaring of the votes. This system is beneficial as compared to traditional paper voting as the voter is able to cast the votes through the use of any resource like personal computers, smartphones, and systems arranged by the voting institutions. It also helps in the reduction of vote hacking or tampering. Moreover, the system is effective and authentic in comparison to the conventional voting system structure.
Furthermore, the online voting system helps in minimizing corruption and raises the voter turnout with voters able to cast their votes from any remote location or site.
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Our Free Sample Report Includes:
- 2021 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 172+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2021 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
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
Key questions answered in this report:
- What is the size of the online voting system market and what is its expected growth rate?
- What are the primary driving factors that push the Online Voting System Market forward?
- What are the Online Voting System Industry's top companies?
- What are the different categories that the Online Voting System Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Online Voting System Market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2021−2026
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis by Voting Type, by Platform, by Deployment Mode, by Organization Size, by End-User, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Global Online Voting System Market: Dynamics
- The convenience of casting votes to steer the market trends over the forecast period
Ease and voter convenience is set to drive the expansion of the online voting system industry over the forecast timeline. Moreover, persons having laptops and internet access can cast votes online. In addition to this, the system of online voting helps in saving the time of the voters, transportation costs, and helps in reducing the confusion about locating the accurate polling booths & queues. Apparently, the online voting system makes it easy for people with physical disabilities or medical problems to cast their votes online.
Furthermore, a rise in the system proficiency, the exactness of the voting system, and huge voter turnout will further embellish the industry expansion over the forecast timeline. Moreover, the system helps in saving the costs of paper ballots, ink, and paper. Still, the meddling with the online votes can put brakes on the market progress during the period from 2021 to 2026.
Global Online Voting System Market: 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 |
| Purchase Options | Request customized purchase options to meet your research needs. Explore purchase options |
Online Voting System Market: Segmentation
The global online voting system market is segmented based on voting type, platform, deployment mode, organization size, end-user, and regions.
- On-Site online voting to lead the voting type segment from 2021 to 2026
The dominance of the on-site online voting segment is credited to extensive acceptance and security concerns of the voters. The segment is likely to accrue revenue worth nearly USD 523 million by 2026.
- Mobile devices segment to register the highest CAGR of nearly 11.4% over the forecast period
The growth of this segment is attributed to the massive usage of smartphones and mobile through which one can access the internet. Moreover, mobile devices are effective tools of online voting with voters residing at distant places having easy access to the internet for voting purposes. It saves time & travel expenses for the voter.
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Regional Dominance:
- North America to dominate the overall regional market share by 2026
The growth of the regional market over the forecast timespan is due to the massive utilization of mobiles, smartphones, and iPhones for the purpose of online voting in countries like the U.S. and Canada.
Browse the full “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” Report at https://www.fnfresearch.com/online-voting-system-market
This report segments the online voting system market as follows:
Global Online Voting System Market: By Voting Type Segment Analysis
- On-site Online Voting
- Remote Online Voting
Global Online Voting System Market: By Platform Segment Analysis
- Kiosk
- Mobile Device
- Desktop
- Others
Global Online Voting System Market: By Deployment Mode Segment Analysis
- On-Premise
- Cloud-Based
Global Online Voting System Market: By Organization Size Segment Analysis
- Large Enterprises
- Small & Medium Enterprises (SMEs)
Global Online Voting System Market: By End-User Segment Analysis
- Government
- Universities & Colleges
- Corporates
- Others
Key Insights from Primary Research
- As per the analysis shared by our primary respondents, the online voting system market is expected to grow yearly at a CAGR of around 6%.
- Through the primary research, it was established that the online voting system market was valued at roughly USD 255 Million in 2020.
- Based on Voting Type segmentation, On-Site online voting to lead the voting type segment from 2021 to 2026.
- Based on Platform segmentation, the Mobile devices segment register the highest CAGR over the forecast period.
- On the basis of region, “North America” to take over the overall regional market share by 2026.
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