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Global Online Voting System Market to reach USD XX million by 2028.

Global Online Voting System Market Size study, By Component Type (Solutions, Services, Hardware), Platform Type (Kiosk, Mobile devices, Personal computers), By Voting Type (On –site, Online voting, Remote online voting), By Organizational Size (small and medium enterprise, large enterprise), By End user (Government. Universities, Companies, Colleges), and Regional Forecasts 2022-2028

Product Code: ICTEITS-20468704
Publish Date: 14-10-2022
Page: 200

Global Online Voting System Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Online Voting System can be defined as software based secure online voting solution with automatic electronic calculation of ballot & votes with immediate results. In addition, there are various voting platform vendors provide supportive vote management consulting services that help organizations design and implement their voting procedures. The rising Spending on digital Technologies and flexibility associated with online voting system as well as Strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – In 2022, Globally the spending on digital transformation (DX) is reached to USD 1.8 trillion and by 2025, global digital transformation spending is forecast to reach USD 2.8 trillion U.S. dollars. Moreover, leading market players are coming up with innovative products to capitalize the growing demand for online voting solutions. For instance, in June 2021, Votechain, a tech startup focused on blockchain based online digital solutions rolled out India’s blockchain-based online voting platform named eazyvc.com. This solution has application across elections of IBC/IRPs, housing societies, education institutes, NGOs, government bodies, clubs, associations and more. Also, increasing number of policies towards online voting in the government sectors and growing Online Voting System applications across network segments are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, Security concern associated with online voting impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Online Voting System Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing digitalization and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of IT sector and favorable government initiatives, would create lucrative growth prospects for the Online Voting System Market across the Asia Pacific region.

Major market players included in this report are:
VoteBox
Avante International Technology
Delib Ltd
Association Technology Solutions and Dominion Voting Systems Corp.
Clear Ballot Inc.
Benel Solutions Corp.
Higher Logic Inc
Australian Election Company Corp.
Hart Intercivic Inc
Microvote General Corp.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component Type
Solutions
Services
Hardware
By Platform Type
Kiosk
Mobile devices
Personal computers

By Voting Type
On –site
Online voting
Remote online voting
By Organizational Size
Small and Medium Enterprise
large enterprise
By End user
Government
Universities
Companies
Colleges
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Online Voting System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Online Voting System Market, by Region, 2020-2028 (USD Million)
1.2.2. Global Online Voting System Market, by Component Type, 2020-2028 (USD Million)
1.2.3. Global Online Voting System Market, by Platform Type, 2020-2028 (USD Million)
1.2.4. Global Online Voting System Market, by Voting Type, 2020-2028 (USD Million)
1.2.5. Global Online Voting System Market, by Organizational Size, 2020-2028 (USD Million)
1.2.6. Global Online Voting System Market, by End User, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Online Voting System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Online Voting System Market Dynamics
3.1. Online Voting System Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing Spending on digital Technologies.
3.1.1.2. Flexibility associated with online voting system.
3.1.1.3. Strategic initiatives from leading market players.
3.1.2. Market Challenges
3.1.2.1. Security concerns associated with online voting.
3.1.3. Market Opportunities
3.1.3.1. Growing number of policies towards online voting in the government sectors
3.1.3.2. Increasing Online Voting System applications across network segments
Chapter 4. Global Online Voting System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Online Voting System Market, by Component Type
6.1. Market Snapshot
6.2. Global Online Voting System Market by Component Type, Performance – Potential Analysis
6.3. Global Online Voting System Market Estimates & Forecasts by Component Type 2018-2028 (USD Million)
6.4. Online Voting System Market, Sub Segment Analysis
6.4.1. Solutions
6.4.2. Services
6.4.3. Hardware
Chapter 7. Global Online Voting System Market, by Platform Type
7.1. Market Snapshot
7.2. Global Online Voting System Market by Platform Type, Performance – Potential Analysis
7.3. Global Online Voting System Market Estimates & Forecasts by Platform Type 2018-2028 (USD Million)
7.4. Online Voting System Market, Sub Segment Analysis
7.4.1. Kiosk
7.4.2. Mobile devices
7.4.3. Personal computers
Chapter 8. Global Online Voting System Market, by Voting Type
8.1. Market Snapshot
8.2. Global Online Voting System Market by Voting Type, Performance – Potential Analysis
8.3. Global Online Voting System Market Estimates & Forecasts by Voting Type 2018-2028 (USD Million)
8.4. Online Voting System Market, Sub Segment Analysis
8.4.1. On –site
8.4.2. Online voting
8.4.3. Remote online voting
Chapter 9. Global Online Voting System Market, by Organizational Size
9.1. Market Snapshot
9.2. Global Online Voting System Market by organizational Size, Performance – Potential Analysis
9.3. Global Online Voting System Market Estimates & Forecasts by Organizational Size 2018-2028 (USD Million)
9.4. Online Voting System Market, Sub Segment Analysis
9.4.1. Small and Medium Enterprise
9.4.2. Large enterprise
Chapter 10. Global Online Voting System Market, by End User
10.1. Market Snapshot
10.2. Global Online Voting System Market by End User, Performance – Potential Analysis
10.3. Global Online Voting System Market Estimates & Forecasts by End User 2018-2028 (USD Million)
10.4. Online Voting System Market, Sub Segment Analysis
10.4.1. Government
10.4.2. Universities
10.4.3. Companies
10.4.4. Colleges
Chapter 11. Global Online Voting System Market, Regional Analysis
11.1. Online Voting System Market, Regional Market Snapshot
11.2. North America Online Voting System Market
11.2.1. U.S. Online Voting System Market
11.2.1.1. Component Type estimates & forecasts, 2018-2028
11.2.1.2. Platform Type estimates & forecasts, 2018-2028
11.2.1.3. Voting Type estimates & forecasts, 2018-2028
11.2.1.4. Organizational Size estimates & forecasts, 2018-2028
11.2.1.5. End User estimates & forecasts, 2018-2028
11.2.2. Canada Online Voting System Market
11.3. Europe Online Voting System Market Snapshot
11.3.1. U.K. Online Voting System Market
11.3.2. Germany Online Voting System Market
11.3.3. France Online Voting System Market
11.3.4. Spain Online Voting System Market
11.3.5. Italy Online Voting System Market
11.3.6. Rest of Europe Online Voting System Market
11.4. Asia-Pacific Online Voting System Market Snapshot
11.4.1. China Online Voting System Market
11.4.2. India Online Voting System Market
11.4.3. Japan Online Voting System Market
11.4.4. Australia Online Voting System Market
11.4.5. South Korea Online Voting System Market
11.4.6. Rest of Asia Pacific Online Voting System Market
11.5. Latin America Online Voting System Market Snapshot
11.5.1. Brazil Online Voting System Market
11.5.2. Mexico Online Voting System Market
11.6. Rest of The World Online Voting System Market

Chapter 12. Competitive Intelligence
12.1. Top Market Strategies
12.2. Company Profiles
12.2.1. VoteBox
12.2.1.1. Key Information
12.2.1.2. Overview
12.2.1.3. Financial (Subject to Data Availability)
12.2.1.4. Product Summary
12.2.1.5. Recent Developments
12.2.2. Avante International Technology
12.2.3. Delib Ltd
12.2.4. Association Technology Solutions and Dominion Voting Systems Corp.
12.2.5. Clear Ballot Inc.
12.2.6. Benel Solutions Corp.
12.2.7. Higher Logic Inc
12.2.8. Australian Election Company Corp.
12.2.9. Hart Intercivic Inc
12.2.10. Microvote General Corp.
Chapter 13. Research Process
13.1. Research Process
13.1.1. Data Mining
13.1.2. Analysis
13.1.3. Market Estimation
13.1.4. Validation
13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
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Shifts in consumer preferences and behaviors.
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