Online Voting System Market By Offering (Solution, Service), By Deployment Model (On-premise, Cloud), By End-user (Government, Universities and Colleges, Enterprises): Global Opportunity Analysis and Industry Forecast, 2021-2031
The online voting system involves online registration of voters, casting of votes, vote counting, and declaring of voting result. This system is beneficial as compared to traditional paper voting as voters can cast votes through the use of any resource such as personal computers, smartphones, and systems arranged by voting institutions. It also helps in reduction of vote hacking or tampering. Moreover, the system is effective and authentic in comparison to conventional voting system structure. Furthermore, online voting system helps in minimizing corruption and raises voter turnout with voters casting their votes from any remote location or site.
High adoption rate of using mobile devices and enhanced voter experience with less infrastructure propels growth of the global online voting system market. In addition, ease in counting and advantages provided to physically disabled people fuel growth of the market. However, lack of understanding about voting software and increase in security concerns of online voting is expected to impede the market growth. Furthermore, increase in adoption of technological advancements in the government sector, coupled with effective government policies is expected to provide lucrative opportunities for the market growth.
The global online voting system market is segmented on the basis of component, deployment model, end user, and region. By component, it is divided into solution and service. In terms of deployment model, it is segregated into on-premise and cloud. In terms of end user, it is classified into government, universities & colleges and enterprise. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in the online voting system market include Avante International Technology, Inc., Australian Electoral Commission, benel Solutions, Clear Ballot Inc, Dominion Voting Systems Corporation, ElectionBuddy Inc, ezvote, Hart InterCivic Inc, Insightrix Research Inc, POLYAS, Skypunch Technology Inc, Smartmatic, nVotes, Votebox, Votem Corp, BallotReady, and Democracy Live Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the online voting system market analysis from 2021 to 2031 to identify the prevailing online voting system market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the online voting system market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global online voting system market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Offering
Solution
Service
Service Type
Professional Service
Managed Service
By Deployment Model
On-premise
Cloud
By End-user
Government
Universities and Colleges
Enterprises
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Switzerland
Rest Of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Avante International Technology, Inc.
Australian Electoral Commission
benel Solutions
Clear Ballot Inc
Dominion Voting Systems Corporation
ElectionBuddy Inc
ezvote
Hart InterCivic Inc
Insightrix Research Inc
POLYAS
Skypunch Technology Inc
Smartmatic
nVotes
Votebox
Votem Corp
BallotReady
Democracy Live Inc
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