Global Online Election Voting Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Online Election Voting Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Online Election Voting Software allows groups to securely conduct votes and elections. High-qualify Online Election Voting Software balance ballot security, accessibility, and the overall requirements of an organization's voting event. As a digital platform, they eliminate the need to gather in-person, cast votes using paper, or by any other means (e.g., email, insecure survey software).

Market Overview:

The latest research study on the global Online Election Voting Software market finds that the global Online Election Voting Software market reached a value of USD 302.91 million in 2022. It’s expected that the market will achieve USD 472.97 million by 2028, exhibiting a CAGR of 7.71% during the forecast period.

Market Drivers


By automating the entire election process, Online Election Voting Software no longer uses paper documents and manual counting of votes. This will reduce human errors, such as incorrect registration of voters' details, missing or misplaced documents or incorrect counting of votes.
Online voting software provides various built-in functions to ensure voting safety and prevent voter fraud. Voter authentication (to ensure that only verified people vote), anonymous voting (only voters know who they voted for) and access restrictions (only auditors can access voting data) are some security control measures that help to ensure that the voting process meets the data protection and security requirements.
By transferring the whole voting process to the Internet, Online Election Voting Software reduces the costs related to manpower and paper. Voting is anonymous, and the votes are calculated electronically, which helps the organizers to save time and money, otherwise they will spend it on managing entity elections. These advantages will promote the growth of Online Election Voting Software industry demand.
In any organization, the board of directors is a very important role, because its decisions will affect thousands of members. Whether it is a homeowner's association, a housing cooperative, a trade union, an educational or financial institution or any other type of member organization, members of the board of directors participate according to the wishes of qualified voting members.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Smartmatic, Votem, Scytl, OpaVote and POLYAS GmbH  are the five key players in the global Online Election Voting Software market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Online Election Voting Software market in the past 5 years.

Smartmatic is the global leader in secure, auditable election technologies & services for election management bodies and voting jurisdictions. In addition to voting technology and services, Smartmatic also provide e-government solutions that help cities become smarter, safer and better connected.

Smartmatic is an approved US Department of Defense vendor and a founding member of the Department of Homeland Security Council for the Election Infrastructure Subsector. Smartmatic are headquartered in London and employ over hundreds of people in the US, the UK and other countries around the world.

Votem Corp. provides software solutions. The Company designs and develops an online mobile voting platform designed to securely cast votes in elections. Votem serves customers worldwide.

Segmentation Overview:

Among different product types, Cloud Based segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Government segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Online Election Voting Software market covered in Chapter 3:

Scytl
Smartmatic
Votem
NVOTES
eBallot
BigPulse
POLYAS GmbH 
Simply Voting Inc.
BALLOTEER
YesElections
ezVote
Insightrix
OpaVote

In Chapter 4 and Chapter 14.2, on the basis of types, the Online Election Voting Software market from 2018 to 2029 is primarily split into:

Cloud Based
On Premises

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Online Election Voting Software market from 2018 to 2029 covers:

Government
Companies
Universities
Bar Associations
Award Shows
Unions
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)