Global Voting Management Software Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028

Market Overview

of Global Voting Management Software market:
According to our latest research, the global Voting Management Software market looks promising in the next 5 years. As of 2022, the global Voting Management Software market was estimated at USD 936.68 million, and it?s anticipated to reach USD 1433.53 million in 2028, with a CAGR of 7.35% during the forecast years.

Voting Management Software allows groups to securely conduct votes and elections. Voting management systems are responsible for managing entire election, from nominations and campaigns to voting and tabulating results.

Influence of COVID-19 Outbreak on Voting Management Software Industry Development
Due to the COVID-19 epidemic, people's lives have been shaken: around the world, people are confined to their homes, breaking the normal daily life of families, administrative departments or enterprises in an attempt to reduce the spread of COVID19. Similarly, elections around the world have been or may be delayed. Local elections in Britain and France, as well as those in Basque and Galicia, Spain, were postponed until the crisis improved.

And the Institute for Democracy and Electoral Assistance (IDEA) announced a series of risks. One of the risks is the decline of voter turnout. If fewer people go to vote, no matter which government wins the election, it may damage its legitimacy. In the first round of local elections in France, the turnout rate dropped from 63.5% in 2014 to 45.5% on March 15th, 2020.

In addition, IDEA emphasizes the risk of generation gap. Because the elderly are more vulnerable to the threat of COVID-19, IDEA points out that the elderly and other high-risk groups may be effectively excluded from participation. Finally, many countries may face additional difficulties in ensuring that citizens living abroad can vote.

In the United States, the Democratic primary election is a case of difficulty in organizing voting during the epidemic election. So far, the additional financial resources are needed to ensure the safety of voters on election day. States are now allowed to use more than $800 million in election security funds to buy cleaning supplies. Previously, most of these funds were used for network security.

Some of the most affected countries are trying to find urgent solutions to reduce the influence of COVID-19 on their elections. South Korea will try a remote voting system in hospitals to ensure the participation of sick voters. The COVID-19 epidemic will promote the development of the Voting Management Software industry in the future.

Market Drivers
By automating the entire election process, Voting Management 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, Voting Management 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 Voting Management 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. Each step needs to be carefully planned and executed to ensure the highest possible voter participation and maintain trust in the process.

Government voting requires strict security and protects the confidentiality of votes, which is the basic principle of free and fair elections. With the increase of voters and the variety of government affairs, efficient Voting Management Software is one of the solutions of government voting and election.

It is also very important to ensure the safety and optimization of union elections to increase voter turnout and inspire the confidence of loyal members. There are more than 14 million union members in the United States, union elections comply with all laws and regulations, including the Labor-Management Reporting and Disclosure Act (LMRDA).

One of the most effective ways to ensure safety, compliance and broad participation is through online voting. A full-service election management agency not only provides robust security for internet elections but prioritizes ballot secrecy so no one, not even the election vendor itself can access a particular person's ballot. The growing downstream demand of government, companies, universities, lawyers' associations, awards ceremony, trade unions and other organizations will promote the development of the industry.

Region Overview:
North America had the highest growth rate of all regions.

Company Overview:
Smartmatic is one of the major players operating in the Voting Management Software market, holding a share of 8.25% in 2021.

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.

Election Systems & Software (ES&S) is an Omaha, Nebraska-based company that manufactures and sells voting machine equipment and services. The company's offerings include vote tabulators, direct-recording electronic (DRE) machines, voter registration and election management systems, ballot-marking devices, electronic poll books, Ballot on Demand printing services, and absentee voting-by-mail services.

Segmentation Overview:
By type, Cloud-Based segment accounted for the largest share of market in 2021.

Application Overview:
By application, the Local Governments segment occupied the biggest share from 2017 to 2022.

This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Voting Management Software market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.

Key Takeaways from the Global Voting Management Software Market Report:
Market Size Estimates: Voting Management Software market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Voting Management Software market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Voting Management Software market
Segment Market Analysis: Voting Management Software market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Voting Management Software market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Voting Management Software Market: Revenue and sales volume of major countries in each region
Voting Management Software Market

Competitive Landscape

and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Voting Management Software market in major regions.
Voting Management Software Industry Value Chain: Voting Management Software market raw materials & suppliers, manufacturing process, distributors, downstream customers
Voting Management Software Industry News, Policies & Regulations

Key players in the global Voting Management Software market are covered in Chapter 12:
Intelivote
BigPulse
EZ Vote
Election Systems & Software?
Balloteer
ElectionBuddy
Scytl
POLYAS GmbH?
Clear Ballot
Telescope
eBallot
Smartmatic
Simply Voting
Votem
OpaVote
AVANTE International Technology, Inc.

In Chapter 2 and Chapter 15.1, based on types, the Voting Management Software market from 2018 to 2028 is primarily split into:
Cloud-Based
On Premises

In Chapter 3 and Chapter 15.2, based on applications, the Voting Management Software market from 2018 to 2028 covers:
Local Governments
Corporate and Industry
Associations
Education
Unions
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others

The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.

In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.

Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

Chapter 1 starts the report with an overview of the Voting Management Software market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.

Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.

Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.

Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.

Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.

Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.

Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.

Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.

Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.

Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.

Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2028

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