Online Election Voting Software Market Scope
Online Election Voting Software is a digital platform offerings election voting services and allow for the elections to be conducted over the internet, providing both on site and remote voting solutions. Such services reduce costs of hosting voting, increases accountability and reduces chances of fraud. Pandemic Situation has triggered the growth of this market. As well as increased internet penetration and rising smart phone users too has contributed to rise of the industry. With improvised and innovative secure solutions, the existing suspicion about online election voting software will be reduced and similarly, the credibility of such software will also be increased substantially. Geographically, North America has emerged as largest market of Online Election Voting Software.
The Online Election Voting Software market study is segmented by Type (On Polling Site and Remote Online Voting) and major geographies with country level break-up.
Increasing Internet Penetration and Web Based Applications has resulted in innovation of various Software such as Online Election Voting Software. The emergence of improvised and secure online election voting software has improved the potential for the growth of the online election voting software market
Avante International Technology (United States), Delib Ltd (United Kingdom), eBallot (United States), Dominion Voting Systems Corporation (United Kingdom), Clear Ballot Inc. (United States), Hart Intercivic Inc. (United States), Benel Solutions Corp. (United States), Microvote General Corp. (United States), Higher Logic Inc. (United States), 21c Consultancy Ltd. (United Kingdom) and Everyone Counts Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Cybernetica AS (Estonia), Berninger Software GmbH (Germany) and DRS Data Services Limited (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Online Election Voting Software market by Type, Application and Region.
On the basis of geography, the market of Online Election Voting Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
One of the regulators or Certifiers of Online Election Voting systems include the directorate general of democracy and Political affairs under the Council of Europe, which prescribes the GGIS (2010) 3 fin. E for Certification of e-voting systems.
Market Trend
- Exploration in Use of Blockchain technology in Online Election Voting Software
Market Drivers
- Increasing Investment, Research and Development in Internet Based Solutions
- Surge in Connectivity Infrastructure and Internet Penetration
- Rise in Mobile Phone Users
Opportunities
- Remote Location Accessibility, thus Pandemic has Presented Opportunity for Expansion of Market
Restraints
- Rise in Cyber Attacks and Data Breach Incidents
- Poor IT and Telecom Infrastructure in Developing Countries
Challenges
- Suspicion in Stakeholders about Legitimacy and Credibility of Such Software
- Bugs and Glitches May Act as Hindrances
Key Target Audience
Online Election Voting Software Developers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries