Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 293.5 Million | USD 737.2 Million | 9.9% | 2022 |
FrequentlyAsked Questions
Online voting is a way of casting a vote or opinion online, via electronic means. It is a preferred voting channel for many organizations running board, council, or committee elections, referendums, polls, or AGMs, due to its ease and flexibility. With voter encryption and one, two, or three-factor authentication, our online voting system offers the most secure system on the market. Online election voting management software ensures efficient election, privacy protection, encourages participation, and ultimately reduces the election cost. The platform offers multiple ways to vote, and that includes mail, physical voting, or by telephonic voting. It verifies every vote to prevent any fraudulent activities. It offers an indisputable result declaration process and suggests a future improvement.
The global online election voting software market is predicted to increase at a CAGR of 9.9% during the forecast period.
The global online election voting software market was worth around USD 293.5 million in 2022 and is expected to reach USD 737.2 million by 2030.
The global online election voting software market is being driven by several factors, including the COVID-19 pandemic, rising adoption of technology, rise in internet penetration, and a growing emphasis on voter accessibility and engagement.
Asia-Pacific held a notable share in the global online election voting software market in 2022 and is likely to grow the fastest during the forecast period. The growth of the online election voting software market in Asia-Pacific is being driven by factors such as increasing demand for secure and convenient voting options, along with the rise of e-governance initiatives and technological advancements. Countries such as India, Australia, and Japan have already implemented online voting systems in some capacity, paving the way for further market expansion in the region
Some of the major companies operating in the online election voting software market include Agora Voting, Clear Ballot, Democracy Live, Dominion Voting Systems, Election Runner, ElectionBuddy, ElectionGuard, Electoral Reform Services, Everyone Counts, Follow My Vote, Free and Fair, Get Voting, iVote, Nemo-Q, Scytl, Simply Voting, Smartmatic, Voatz, Votem, and VotingWorks.
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