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Voting Management Software Market is expected to reach US$ 593.15 million by 2030

The voting management software market size is projected to grow at a CAGR of 9.2% during 2022-2030, to surpass USD 593.15 million by 2030, from USD 292.51 million in 2022

By The Insight Partners

Increase in Government Rules and Regulations Regarding Online Voting Boosts Voting Management Software Market Growth

According to our latest study on “Voting Management Software Market Forecast to 2030 – Market Size and Forecast (2020–2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage – by Deployment Type, Offering, and End User,” the voting management software market size was valued at US$ 292.51 million in 2022 and is expected to reach US$ 593.15 million by 2030. The voting management software market is expected to record a CAGR of 9.2% from 2022 to 2030.

Governments of different countries have several rules and regulations regarding online voting. For example, in the US, the Uniformed and Overseas Citizens Absentee Voting Act (UOCAVA) has been authorized by Congress. Through this act, the government allowed specific groups of citizens to register and vote absentee in elections for Federal offices. Moreover, most states and territories have permitted citizens to register and vote absentee in local and state elections as well. Also, the Secretary of Defense has administrative obligations for UOCAVA. Within the Department of Defense, the Secretary designated these duties to the Federal Voting Assistance Program (FVAP). The FVAP actively examines the voter registration and absentee voting prospects provided to US citizens, members of the Armed Forces, and their family members living overseas. It works thoroughly with the States to guarantee that citizens covered by UOCAVA have a complete opportunity to participate in Federal elections.

Voting Management Software Market – By Region, 2022 and 2030

To get free sample copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/brochure/TIPRE00013258

Source: The Insight Partners Analysis

Furthermore, a small group of councils in India planned to test online voting at the local elections in 2019, and consultation was accepted on draft regulations for the trial. The Department of Internal Affairs has been working on a planned regulatory framework to support an online voting trial. The proposed framework specifies the safeguards, procedures, and outcomes that the voting operation method must achieve. There are numerous requirements that a local authority needs to meet before it can use the regulations of online voting. These requirements include an independent audit of the online voting system and a report from the Chief Executive to ensure it is secret, accurate, available, reliable, auditable, verifiable, secure, and accessible. Therefore, the increase in rules and regulations regarding online voting is driving the voting management software market.

The voting management software market is segmented into deployment type, end users, and offering. Based on deployment type, the voting management software market is segmented into cloud-based and on-premise. In terms of end-users, the voting management software market is segmented into government, enterprise, association, and others. Based on offering, the voting management software market is segmented into platform performance, platform ballot management, audience engagement, event support, and others. Based on geography, the voting management software market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).

BigPulse Voting Pty Ltd, ElectionBuddy Inc., Simply Voting Inc., Civix GCR Inc., Civica UK Ltd., Polyas GmbH, Scytl Election Technologies SLU, Seasia Infotech, Assembly Voting Aps, and eBallot are among the key players operating in the voting management software market.

 

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