Description
Passwordless Authentication Market Share, Size, Trends, Industry Analysis Report, By Offering (Hardware, Software, and Services); By Authentication Type; By Motility; By End-Use; By Region; Segment Forecast, 2023 - 2032 The global passwordless authentication market size is expected treach USD 78.92 billion by 2032, according ta new study by Polaris Market Research. The report “Passwordless Authentication Market Share, Size, Trends, Industry Analysis Report, By Offering (Hardware, Software, and Services); By Authentication Type; By Motility; By End-Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
Presently, many organizations are using conventional authentication security systems that requires simple password taccess the services and portals, which might contain many sophisticated information like personal and financial data, that means these conventional alphanumeric password systems can be easily nullified ttrespass the security systems. Thus, ttackle this kind of issues key market players are highly implementing on the development and innovation of more secure and advanced authentication systems, which in turn creating high demand and growth opportunities for the global market.
For instance, 1Password, introduced its latest passwordless authentication for Chrome, Firefox, Brave, & Edge, mainly designed thelp the users automatically save, store, & auto-fill logins with a wide range of 3rd party providers. The newly developed extension will reduce the risk of credential theft by allowing users tlogin without using password and simplify the sign-in experience.
Right now, only few firms and business organizations are using AI tverify identity, but AI will soon play a very crucial role for variety of businesses across applications that are more serious about their security systems access. In the coming years, we are going tsee a tremendous rise in the adoption of AI or machine learning-based authentication technologies and alsbehavior metric authentication, which would further impact the overall market growth and open new opportunities.
Passwordless Authentication Market Report Highlights
Hardware segment accounted for largest market share in 2022, which is mainly driven by high adoption of advanced hardware authentication solutions among large enterprises
Multi-factor authentication segment is expected tgrow at fastest CAGR over the projected period on account of extensive rise in the number of online theft and breaches
Fixed segment held the highest market revenue share in 2022 owing tits large utilization across industrial sector and in businesses tefficiently operate attendance systems and its easy availability in both developed and developing regions
Government and enforcement segment dominated the global market in 2022, due trapidly growing investments in R&D and widespread use of digital programs for variety of government activities
Asia Pacific region is expected temerge fastest at a CAGR throughout the forecast period, owing tsignificant adoption of several advanced authentication technologies in the region
The global key market players include Microsoft Corporation, DuSecurity, Secret Double Octopus, Beyond Identity, and HID Global Corporation
Polaris Market Research has segmented the passwordless authentication market report based on offering, authentication type, mobility, end-use, and region:
Passwordless Authentication, Offering Outlook (Revenue - USD Billion, 2019 - 2032)
Hardware
Software
Services
Passwordless Authentication, Authentication Type Outlook (Revenue - USD Billion, 2019 - 2032)
Single-factor Authentication
Multi-factor Authentication
Passwordless Authentication, Mobility Outlook (Revenue - USD Billion, 2019 - 2032)
Mobile
Fixed
Passwordless Authentication, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
BFSI
IT and ITeS
Government and Enforcement
Manufacturing
Healthcare
Retail and Consumer Electronics
Travel and Hospitality
Others
Passwordless Authentication, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
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Table of Contents
1. Introduction 1.1. Report Description 1.1.1. Objectives of the Study 1.1.2. Market Scope 1.1.3. Assumptions 1.2. Stakeholders 2. Executive Summary 2.1. Market Highlights 3. Research Methodology 3.1. Overview 3.1.1. Data Mining 3.2. Data Sources 3.2.1. Primary Sources 3.2.2. Secondary Sources 4. Global Passwordless Authentication Market Insights 4.1. Passwordless Authentication – Industry Snapshot 4.2. Passwordless Authentication Market Dynamics 4.2.1. Drivers and Opportunities 4.2.1.1. Increasing Use Of Smartphones And Other Consumer Electronics 4.2.1.2. An Increasing Need For An Additional Layer Of Protection Beyond Passwords 4.2.2. Restraints and Challenges 4.2.2.1. High Cost Of Establishment 4.3. Porter’s Five Forces Analysis 4.3.1. Bargaining Power of Suppliers (Moderate) 4.3.2. Threats of New Entrants: (Low) 4.3.3. Bargaining Power of Buyers (Moderate) 4.3.4. Threat of Substitute (Moderate) 4.3.5. Rivalry among existing firms (High) 4.4. PESTLE Analysis 4.5. Passwordless Authentication Industry Trends 4.6. Value Chain Analysis 4.7. COVID-19 Impact Analysis 5. Global Passwordless Authentication Market, by Offering 5.1. Key Findings 5.2. Introduction 5.2.1. Global Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 5.3. Hardware 5.3.1. Global Passwordless Authentication Market, by Hardware, by Region, 2019-2032 (USD Billion) 5.4. Software 5.4.1. Global Passwordless Authentication Market, by Software, by Region, 2019-2032 (USD Billion) 5.5. Services 5.5.1. Global Passwordless Authentication Market, by Services, by Region, 2019-2032 (USD Billion) 6. Global Passwordless Authentication Market, by Motility 6.1. Key Findings 6.2. Introduction 6.2.1. Global Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 6.3. Mobile 6.3.1. Global Passwordless Authentication Market, by Mobile, by Region, 2019-2032 (USD Billion) 6.4. Fixed 6.4.1. Global Passwordless Authentication Market, by Fixed, by Region, 2019-2032 (USD Billion) 7. Global Passwordless Authentication Market, by End-Use 7.1. Key Findings 7.2. Introduction 7.2.1. Global Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 7.3. BFSI 7.3.1. Global Passwordless Authentication Market, by BFSI, by Region, 2019-2032 (USD Billion) 7.4. IT and ITeS 7.4.1. Global Passwordless Authentication Market, by IT and ITeS, by Region, 2019-2032 (USD Billion) 7.5. Government and Enforcement 7.5.1. Global Passwordless Authentication Market, by Government and Enforcement, by Region, 2019-2032 (USD Billion) 7.6. Manufacturing 7.6.1. Global Passwordless Authentication Market, by Manufacturing, by Region, 2019-2032 (USD Billion) 7.7. Healthcare 7.7.1. Global Passwordless Authentication Market, by Healthcare, by Region, 2019-2032 (USD Billion) 7.8. Retail and Consumer Electronics 7.8.1. Global Passwordless Authentication Market, by Retail and Consumer Electronics, by Region, 2019-2032 (USD Billion) 7.9. Travel and Hospitality 7.9.1. Global Passwordless Authentication Market, by Travel and Hospitality, by Region, 2019-2032 (USD Billion) 7.10. Others 7.10.1. Global Passwordless Authentication Market, by Others, by Region, 2019-2032 (USD Billion) 8. Global Passwordless Authentication Market, by Authentication Type 8.1. Key Findings 8.2. Introduction 8.2.1. Global Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 8.3. Single-factor Authentication 8.3.1. Global Passwordless Authentication Market, by Single-factor Authentication, by Region, 2019-2032 (USD Billion) 8.4. Multi-factor Authentication 8.4.1. Global Passwordless Authentication Market, by Multi-factor Authentication, by Region, 2019-2032 (USD Billion) 9. Global Passwordless Authentication Market, by Geography 9.1. Key findings 9.2. Introduction 9.2.1. Passwordless Authentication Market Assessment, By Geography, 2019-2032 (USD Billion) 9.3. Passwordless Authentication Market – North America 9.3.1. North America: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.3.2. North America: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.3.3. North America: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.3.4. North America: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.3.5. Passwordless Authentication Market – U.S. 9.3.5.1. U.S.: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.3.5.2. U.S.: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.3.5.3. U.S.: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.3.5.4. U.S.: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.3.6. Passwordless Authentication Market – Canada 9.3.6.1. Canada: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.3.6.2. Canada: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.3.6.3. Canada: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.3.6.4. Canada: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.4. Passwordless Authentication Market – Europe 9.4.1. Europe: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.4.2. Europe: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.4.3. Europe: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.4.4. Europe: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.4.5. Passwordless Authentication Market – UK 9.4.5.1. UK: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.4.5.2. UK: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.4.5.3. UK: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.4.5.4. UK: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.4.6. Passwordless Authentication Market – France 9.4.6.1. France: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.4.6.2. France: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.4.6.3. France: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.4.6.4. France: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.4.7. Passwordless Authentication Market – Germany 9.4.7.1. Germany: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.4.7.2. Germany: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.4.7.3. Germany: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.4.7.4. Germany: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.4.8. Passwordless Authentication Market – Italy 9.4.8.1. Italy: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.4.8.2. Italy: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.4.8.3. Italy: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.4.8.4. Italy: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.4.9. Passwordless Authentication Market – Spain 9.4.9.1. Spain: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.4.9.2. Spain: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.4.9.3. Spain: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.4.9.4. Spain: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.4.10. Passwordless Authentication Market – Netherlands 9.4.10.1. Netherlands: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.4.10.2. Netherlands: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.4.10.3. Netherlands: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.4.10.4. Netherlands: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.4.11. Passwordless Authentication Market – Russia 9.4.11.1. Russia: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.4.11.2. Russia.: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.4.11.3. Russia: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.4.11.4. Russia: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.5. Passwordless Authentication Market – Asia Pacific 9.5.1. Asia Pacific: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.5.2. Asia Pacific: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.5.3. Asia Pacific: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.5.4. Asia Pacific: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.5.5. Passwordless Authentication Market – China 9.5.5.1. China: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.5.5.2. China.: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.5.5.3. China: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.5.5.4. China: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.5.6. Passwordless Authentication Market – India 9.5.6.1. India: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.5.6.2. India.: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.5.6.3. India: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.5.6.4. India: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.5.7. Passwordless Authentication Market – Japan 9.5.7.1. Japan: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.5.7.2. Japan.: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.5.7.3. Japan: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.5.7.4. Japan: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.5.8. Passwordless Authentication Market – Malaysia 9.5.8.1. Malaysia: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.5.8.2. Malaysia.: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.5.8.3. Malaysia: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.5.8.4. Malaysia: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.5.9. Passwordless Authentication Market – Indonesia 9.5.9.1. Indonesia: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.5.9.2. Indonesia.: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.5.9.3. Indonesia: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.5.9.4. Indonesia: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.5.10. Passwordless Authentication Market – South Korea 9.5.10.1. South Korea: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.5.10.2. South Korea.: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.5.10.3. South Korea: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.5.10.4. South Korea: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.6. Passwordless Authentication Market – Middle East & Africa 9.6.1. Middle East & Africa: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.6.2. Middle East & Africa: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.6.3. Middle East & Africa: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.6.4. Middle East & Africa: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.6.5. Passwordless Authentication Market – Saudi Arabia 9.6.5.1. Saudi Arabia: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.6.5.2. Saudi Arabia: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.6.5.3. Saudi Arabia: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.6.5.4. Saudi Arabia: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.6.6. Passwordless Authentication Market – South Africa 9.6.6.1. South Africa: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.6.6.2. South Africa: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.6.6.3. South Africa: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.6.6.4. South Africa: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.6.7. Passwordless Authentication Market – Israel 9.6.7.1. Israel: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.6.7.2. Israel: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.6.7.3. Israel: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.6.7.4. Israel: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.6.8. Passwordless Authentication Market – UAE 9.6.8.1. UAE: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.6.8.2. UAE: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.6.8.3. UAE: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.6.8.4. UAE: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.7. Passwordless Authentication Market – Latin America 9.7.1. Latin America: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.7.2. Latin America: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.7.3. Latin America: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.7.4. Latin America: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.7.5. Passwordless Authentication Market – Mexico 9.7.5.1. Mexico: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.7.5.2. Mexico: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.7.5.3. Mexico: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.7.5.4. Mexico: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.7.6. Passwordless Authentication Market – Brazil 9.7.6.1. Brazil: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.7.6.2. Brazil: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.7.6.3. Brazil: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.7.6.4. Brazil: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 9.7.7. Passwordless Authentication Market – Argentina 9.7.7.1. Argentina: Passwordless Authentication Market, by Offering, 2019-2032 (USD Billion) 9.7.7.2. Argentina: Passwordless Authentication Market, by Authentication Type, 2019-2032 (USD Billion) 9.7.7.3. Argentina: Passwordless Authentication Market, by Motility, 2019-2032 (USD Billion) 9.7.7.4. Argentina: Passwordless Authentication Market, by End-Use, 2019-2032 (USD Billion) 10. Competitive Landscape 10.1. Expansion and Acquisition Analysis 10.1.1. Expansion 10.1.2. Acquisitions 10.2. Partnerships/Collaborations/Agreements/Exhibitions 11. Company Profiles 11.1. Microsoft Corporation 11.1.1. Company Overview 11.1.2. Financial Performance 11.1.3. Product Benchmarking 11.1.4. Recent Development 11.2. Duo Security 11.2.1. Company Overview 11.2.2. Financial Performance 11.2.3. Product Benchmarking 11.2.4. Recent Development 11.3. Secret Double Octopus 11.3.1. Company Overview 11.3.2. Financial Performance 11.3.3. Product Benchmarking 11.3.4. Recent Development 11.4. Thales 11.4.1. Company Overview 11.4.2. Financial Performance 11.4.3. Product Benchmarking 11.4.4. Recent Development 11.5. Beyond Identity 11.5.1. Company Overview 11.5.2. Financial Performance 11.5.3. Product Benchmarking 11.5.4. Recent Development 11.6. HID Global Corporation 11.6.1. Company Overview 11.6.2. Financial Performance 11.6.3. Product Benchmarking 11.6.4. Recent Development 11.7. NEC Corporation 11.7.1. Company Overview 11.7.2. Financial Performance 11.7.3. Product Benchmarking 11.7.4. Recent Development 11.8. Safran 11.8.1. Company Overview 11.8.2. Financial Performance 11.8.3. Product Benchmarking 11.8.4. Recent Development 11.9. East Shore Technology LLC 11.9.1. Company Overview 11.9.2. Financial Performance 11.9.3. Product Benchmarking 11.9.4. Recent Development 11.10. DERMALOG Identification Systems GmbH 11.10.1. Company Overview 11.10.2. Financial Performance 11.10.3. Product Benchmarking 11.10.4. Recent Development 11.11. ASSA ABLOY 11.11.1. Company Overview 11.11.2. Financial Performance 11.11.3. Product Benchmarking 11.11.4. Recent Development 11.12. Fujitsu 11.12.1. Company Overview 11.12.2. Financial Performance 11.12.3. Product Benchmarking 11.12.4. Recent Development 11.13. N2SYS Technology 11.13.1. Company Overview 11.13.2. Financial Performance 11.13.3. Product Benchmarking 11.13.4. Recent Development 11.14. Accu-Time Systems Inc 11.14.1. Company Overview 11.14.2. Financial Performance 11.14.3. Product Benchmarking 11.14.4. Recent Development 11.15. Cognitec Systems 11.15.1. Company Overview 11.15.2. Financial Performance 11.15.3. Product Benchmarking 11.15.4. Recent Development 11.16. Eyeverify Inc 11.16.1. Company Overview 11.16.2. Financial Performance 11.16.3. Product Benchmarking 11.16.4. Recent Development 11.17. Okta Inc 11.17.1. Company Overview 11.17.2. Financial Performance 11.17.3. Product Benchmarking 11.17.4. Recent Development 11.18. Prove 11.18.1. Company Overview 11.18.2. Financial Performance 11.18.3. Product Benchmarking 11.18.4. Recent Development