PUBLISHER: The Insight Partners | PRODUCT CODE: 1562352
PUBLISHER: The Insight Partners | PRODUCT CODE: 1562352
The Europe voting management software market was valued at US$ 89.63 million in 2022 and is expected to reach US$ 184.67 million by 2030; it is estimated to register a CAGR of 9.5% from 2022 to 2030.
Rise in Adoption by Various Associations Drive Europe Voting Management Software Market
Associations are one of the many organization types that can benefit from online voting. The success of the association depends on member involvement and strategic decision-making. Online voting software helps plan and manage association elections, providing unparalleled accuracy, security, and customer service for efficient and effective elections. Associations can rely on optional additional services designed to modernize online voting, reduce election costs, increase voter participation, and provide valuable voter information. Options, including single sign-on technology and embedded login links, make it easy for association members to cast their votes. The software's focus on ease of use also saves associations time and reduces money and help desk queries. Online voting options for associations are extremely accurate and secure. These factors are important and convenient for the voters, making them more likely to participate. Various companies offer voting management software to various associations. For example, BigPulse Voting provides voting management software to associations such as the British Olympic Association (UK), and Comparative and International Education Society. Therefore, the rising adoption of voting management software by various associations is driving the voting management software market.
Europe Voting Management Software Market Overview
Governments of various countries and several organizations across the globe faced massive challenges in conducting elections during the COVID-19 pandemic. To overcome this challenge, governments and organizations implemented the online voting system with respect to the law, rules, and democratic principles. In 2020, the Bureau of the European Parliament temporarily allowed remote voting by e-mail. Similarly, as per the report by the Congressional Research Service (CRS) in April 2020, Congress suggested altering House or Senate rules to allow floor votes to be cast remotely, where the Members will be present virtually rather than physically.
Furthermore, as casting votes online increases the accessibility to a distributed member base and also increases the participation rate from the voters, its demand is increasing globally. Hence, various countries across the globe are adopting voting management software.
Moreover, various enterprises, universities, associations, and other organizations are adopting voting management software. Assembly Voting, an online voting software and election solutions provider, has provided its voting solutions to DSV, FedEx, Siemens, Deloitte, IDA-Danish Society of Engineers, and AIIC-International Association of Conference Interpreters, among others. Thus, the growing adoption of online voting software by various government organizations, enterprises, and associations is fueling the growth of the Europe voting management software market .
Europe Voting Management Software Market Revenue and Forecast to 2030 (US$ Million)
Europe Voting Management Software Market Segmentation
The Europe voting management software market is categorized into deployment type, offering, end user, and country.
Based on deployment type, the Europe voting management software market is bifurcated into cloud-based and on-premise. The cloud-based segment held a larger Europe voting management software market share in 2022.
In terms of offering, the Europe voting management software market is segmented into platform ballot management, platform performance, event support, audience engagement, and others. The platform ballot management segment held the largest Europe voting management software market share in 2022.
By end user, the Europe voting management software market is divided into association, government, enterprise, and others. The association segment held the largest Europe voting management software market share in 2022.
By country, the Europe voting management software market is segmented into Germany, the UK, France, Italy, Switzerland, Russia, and the Rest of Europe. Germany dominated the Europe voting management software market share in 2022.
BigPulse Voting Pty Ltd, ElectionBuddy Inc, Civica UK Ltd, Polyas GmbH, Scytl Election Technologies SLU, Seasia Infotech, and Assembly Voting Aps are some of the leading companies operating in the Europe voting management software market.