Passwordless Authentication login Software Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 10.5 Billion by 2030, growing at a CAGR of 32.0% from 2024 to 2030.
The global Passwordless Authentication Login Software market was valued at approximately USD 6.6 billion in 2022, and it is projected to grow at a compound annual growth rate (CAGR) of around 19.8% from 2022 to 2030. This growth is driven by the increasing demand for enhanced security measures in both consumer and enterprise applications, where traditional password-based systems are becoming increasingly vulnerable to cyber-attacks. Passwordless authentication methods, including biometrics, hardware tokens, and multi-factor authentication, are gaining traction as more organizations look to strengthen their identity verification processes and reduce friction for end-users. Factors such as the rising incidence of data breaches and regulatory requirements for stronger security standards further fuel the adoption of passwordless solutions across various industries, including finance, healthcare, and government sectors.In terms of opportunities, emerging markets across the Asia-Pacific and Latin American regions are expected to experience significant growth in passwordless authentication adoption, owing to the rapid digital transformation and increasing internet penetration in these regions. Additionally, advancements in artificial intelligence (AI) and machine learning (ML) technologies are enhancing the effectiveness and user experience of passwordless systems, creating further opportunities for innovation in this space. The market is also expected to benefit from the growing trend of remote working and the need for secure access to cloud-based services, which continues to push demand for efficient, user-friendly authentication solutions. Moreover, the rise of decentralized identity management and blockchain-based authentication systems presents further potential for the development of innovative, secure, and scalable passwordless authentication models.
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Ping Identity
Yubico
Secret Double Octopus
Microsoft
Authentiq
1Kosmos
Duo Security
cidaas
HYPR
Groove id
Thales
IDEE
IdRamp
Locurity
Fortmatic
Identite
OARO
Privakey
ReachFive
Trusona
Veridium
OneLogin
Okta
CyberArk
Entrust
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Passwordless Authentication login Software Market
SMEs
Large Enterprises
Based on Types the Market is categorized into Below types that held the largest Passwordless Authentication login Software market share In 2023.
Cloud Based
On-premises
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Passwordless Authentication login Software Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Passwordless Authentication login Software Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Passwordless Authentication login Software Market, By Type
6. Global Passwordless Authentication login Software Market, By Application
7. Global Passwordless Authentication login Software Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Passwordless Authentication login Software Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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