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Passwordless Authentication Software Market Size, Share, and Outlook, 2025 Report- By Type (Cloud-Based, Web-based), By Organization Size (Small and Medium Enterprise, Large Enterprise), By End-User (BFSI, IT and Telecomm, Healthcare, Government, Defense

Publisher VPA Research
Published Apr 22, 2025
Length 175 Pages
SKU # VPA19974732

Description

Passwordless Authentication Software Market Outlook
The Passwordless Authentication Software Market size is expected to register a growth rate of 23.1% during the forecast period from $12.63 Billion in 2025 to $54.1 Billion in 2032. The Passwordless Authentication Software market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Passwordless Authentication Software segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Cloud-Based, Web-based), By Organization Size (Small and Medium Enterprise, Large Enterprise), By End-User (BFSI, IT and Telecomm, Healthcare, Government, Defense and Surveillance, Consumer Electronics, Others). Over 70 tables and charts showcase findings from our latest survey report on Passwordless Authentication Software markets.

Passwordless Authentication Software Market Insights, 2025
The Passwordless Authentication Software Market is growing with AI-powered automated biometric authentication, automation-enhanced real-time multi-factor security protocols, and machine learning-driven predictive identity verification. Companies such as Okta, Microsoft, HYPR, and Ping Identity are leading in AI-enhanced automated facial and fingerprint recognition, blockchain-backed secure identity authentication, and IoT-integrated real-time access control. The adoption of automation-powered AI-driven adaptive authentication, AI-enhanced cloud-native real-time zero-trust security frameworks, and AI-driven real-time user behavior analysis is fueling cybersecurity advancements. However, challenges in AI-powered compliance with data privacy laws, cybersecurity risks in automation-enhanced authentication mechanisms, and technical limitations in AI-driven real-time identity spoofing prevention persist. Additionally, NIST and FTC cybersecurity regulations on AI-powered authentication, evolving digital identity management standards, and corporate investments in AI-driven passwordless security are shaping market adoption.

Five Trends that will define global Passwordless Authentication Software market in 2025 and Beyond
A closer look at the multi-million market for Passwordless Authentication Software identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Passwordless Authentication Software companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future. The impact of tariffs by the US administration also significantly impact the profitability of Passwordless Authentication Software vendors.

What are the biggest opportunities for growth in the Passwordless Authentication Software industry?
The Passwordless Authentication Software sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Passwordless Authentication Software Market Segment Insights
The Passwordless Authentication Software industry presents strong offers across categories. The analytical report offers forecasts of Passwordless Authentication Software industry performance across segments and countries. Key segments in the industry include- By Type (Cloud-Based, Web-based), By Organization Size (Small and Medium Enterprise, Large Enterprise), By End-User (BFSI, IT and Telecomm, Healthcare, Government, Defense and Surveillance, Consumer Electronics, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Passwordless Authentication Software market size outlook is provided for 22 countries across these regions.

Market Value Chain
The chapter identifies potential companies and their operations across the global Passwordless Authentication Software industry ecosystem. It assists decision-makers in evaluating global Passwordless Authentication Software market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts
Strategic decision-making in the Passwordless Authentication Software industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Passwordless Authentication Software Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with over 4.5 billion population, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Passwordless Authentication Software Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Passwordless Authentication Software with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Passwordless Authentication Software market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Passwordless Authentication Software market Insights- Vendors are exploring new opportunities within the US Passwordless Authentication Software industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Passwordless Authentication Software companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Passwordless Authentication Software market.

Latin American Passwordless Authentication Software market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported in Q1 -2025 and the prospects remain strong for rest of 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Passwordless Authentication Software Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Passwordless Authentication Software markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Passwordless Authentication Software markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Passwordless Authentication Software companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include 1Kosmos, Authentiq BV, Cidaas, Groove id, HYPR, IDEE GmbH, Microsoft, Ping Identity Corp, Secret Double Octopus, Yubico.

Passwordless Authentication Software Market Segmentation

By Type
Cloud-Based
Web-based

By Organization Size
Small and Medium Enterprise
Large Enterprise

By End-User
BFSI
IT and Telecomm
Healthcare
Government
Defense and Surveillance
Consumer Electronics
Others

Leading Companies
1Kosmos
Authentiq BV
Cidaas
Groove id
HYPR
IDEE GmbH
Microsoft
Ping Identity Corp
Secret Double Octopus
Yubico

Reasons to Buy the report
  • Make informed decisions through long and short-term forecasts across 22 countries and segments.
  • Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
  • Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
  • Get an integrated understanding of the entire market ecosystem and companies.
  • Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
  • Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
  • Get free Excel spreadsheet and PPT versions along with the report PDF.

Table of Contents

175 Pages
1. Table of Contents
List of Figures and Tables
2. Executive Summary
2.1 Key Highlights
2.1.1 Passwordless Authentication Software Market Size Outlook, 2018-2024 and 2025-2032
2.1.2 Largest Passwordless Authentication Software Market Types and Applications
2.1.3 Fastest Growing Segments
2.1.4 Potential Markets
2.1.5 Market Concentration
2.2 Market Scope and Segmentation
2.2.1 Market Scope- Segments
2.2.2 Market Scope- Countries
2.2.3 Macroeconomic and Demographic Outlook
2.2.4 Abbreviations
2.2.5 Units and Currency Conversions
3. Research Methodology
3.1 Primary Research Surveys
3.2 Secondary Data Sources
3.3 Data Triangulation
3.4 Forecast Methodology
3.5 Assumptions and Limitations
4. Introduction to Global Passwordless Authentication Software Market in 2025
4.1 Industry Panorama
4.2 Leading Companies Profiled in the Study
4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
4.4 Market Dynamics
4.4.1 Market Dynamics- Trends and Drivers
4.4.2 Market Dynamics- Opportunities and Challenges
4.5 Regional Analysis
4.6 Porter’s Five Force Analysis
4.6.1 Intensity of Competitive Rivalry
4.6.2 Threat of New Entrants
4.6.3 Threat of Substitutes
4.6.4 Bargaining Power of Buyers
4.6.5 Bargaining Power of Suppliers
4.7 Passwordless Authentication Software Industry Value Chain Analysis
4.7.1 Stage of Value Chain
4.7.2 Key Activities of Companies
4.7.3 Companies Included in Each Stage
4.7.4 Key Insights
5. Passwordless Authentication Software Market Outlook to 2032
5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
By Type
Cloud-Based
Web-based
By Organization Size
Small and Medium Enterprise
Large Enterprise
By End-User
BFSI
IT and Telecomm
Healthcare
Government
Defense and Surveillance
Consumer Electronics
Others
6. Global Passwordless Authentication Software Market Outlook across Growth Scenarios
6.1 Low Growth Scenario
6.2 Base/Reference Case
6.3 High Growth Scenario
6. North America Passwordless Authentication Software Market Size Outlook
6.1 Key Market Statistics, 2024
6.2 North America Passwordless Authentication Software Market Trends and Growth Opportunities
6.2.1 North America Passwordless Authentication Software Market Outlook by Type
6.2.2 North America Passwordless Authentication Software Market Outlook by Application
6.3 North America Passwordless Authentication Software Market Outlook by Country
6.3.1 The US Passwordless Authentication Software Market Outlook, 2021- 2032
6.3.2 Canada Passwordless Authentication Software Market Outlook, 2021- 2032
6.3.3 Mexico Passwordless Authentication Software Market Outlook, 2021- 2032
7. Europe Passwordless Authentication Software Market Size Outlook
7.1 Key Market Statistics, 2024
7.2 Europe Passwordless Authentication Software Market Trends and Growth Opportunities
7.2.1 Europe Passwordless Authentication Software Market Outlook by Type
7.2.2 Europe Passwordless Authentication Software Market Outlook by Application
7.3 Europe Passwordless Authentication Software Market Outlook by Country
7.3.2 Germany Passwordless Authentication Software Market Outlook, 2021- 2032
7.3.3 France Passwordless Authentication Software Market Outlook, 2021- 2032
7.3.4 The UK Passwordless Authentication Software Market Outlook, 2021- 2032
7.3.5 Spain Passwordless Authentication Software Market Outlook, 2021- 2032
7.3.6 Italy Passwordless Authentication Software Market Outlook, 2021- 2032
7.3.7 Russia Passwordless Authentication Software Market Outlook, 2021- 2032
7.3.8 Rest of Europe Passwordless Authentication Software Market Outlook, 2021- 2032
8. Asia Pacific Passwordless Authentication Software Market Size Outlook
8.1 Key Market Statistics, 2024
8.2 Asia Pacific Passwordless Authentication Software Market Trends and Growth Opportunities
8.2.1 Asia Pacific Passwordless Authentication Software Market Outlook by Type
8.2.2 Asia Pacific Passwordless Authentication Software Market Outlook by Application
8.3 Asia Pacific Passwordless Authentication Software Market Outlook by Country
8.3.1 China Passwordless Authentication Software Market Outlook, 2021- 2032
8.3.2 India Passwordless Authentication Software Market Outlook, 2021- 2032
8.3.3 Japan Passwordless Authentication Software Market Outlook, 2021- 2032
8.3.4 South Korea Passwordless Authentication Software Market Outlook, 2021- 2032
8.3.5 Australia Passwordless Authentication Software Market Outlook, 2021- 2032
8.3.6 South East Asia Passwordless Authentication Software Market Outlook, 2021- 2032
8.3.7 Rest of Asia Pacific Passwordless Authentication Software Market Outlook, 2021- 2032
9. South America Passwordless Authentication Software Market Size Outlook
9.1 Key Market Statistics, 2024
9.2 South America Passwordless Authentication Software Market Trends and Growth Opportunities
9.2.1 South America Passwordless Authentication Software Market Outlook by Type
9.2.2 South America Passwordless Authentication Software Market Outlook by Application
9.3 South America Passwordless Authentication Software Market Outlook by Country
9.3.1 Brazil Passwordless Authentication Software Market Outlook, 2021- 2032
9.3.2 Argentina Passwordless Authentication Software Market Outlook, 2021- 2032
9.3.3 Rest of South and Central America Passwordless Authentication Software Market Outlook, 2021- 2032
10. Middle East and Africa Passwordless Authentication Software Market Size Outlook
10.1 Key Market Statistics, 2024
10.2 Middle East and Africa Passwordless Authentication Software Market Trends and Growth Opportunities
10.2.1 Middle East and Africa Passwordless Authentication Software Market Outlook by Type
10.2.2 Middle East and Africa Passwordless Authentication Software Market Outlook by Application
10.3 Middle East and Africa Passwordless Authentication Software Market Outlook by Country
10.3.1 Saudi Arabia Passwordless Authentication Software Market Outlook, 2021- 2032
10.3.2 The UAE Passwordless Authentication Software Market Outlook, 2021- 2032
10.3.3 Rest of Middle East Passwordless Authentication Software Market Outlook, 2021- 2032
10.3.4 South Africa Passwordless Authentication Software Market Outlook, 2021- 2032
10.3.5 Egypt Passwordless Authentication Software Market Outlook, 2021- 2032
10.3.6 Rest of Africa Passwordless Authentication Software Market Outlook, 2021- 2032
11. Company Profiles
11.1 Leading 10 Companies
1Kosmos
Authentiq BV
Cidaas
Groove id
HYPR
IDEE GmbH
Microsoft
Ping Identity Corp
Secret Double Octopus
Yubico
11.2 Overview
11.3 Products and Services
11.4 SWOT Profile
12. Appendix
12.1 Subscription Options
12.2 Customization Options
12.3 Publisher Details
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