Passwordless Authentication Market Size

Market Size in USD Bn

CAGR15.45%

Study Period	2024 - 2031
CAGR	15.45%
Market Concentration	High
Major Players	Microsoft Corporation, Google LLC (Alphabet), IBM Corporation, Thales Group, HID Global Corporation and Among Others

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Passwordless Authentication Market Analysis

The passwordless authentication market is estimated to be valued at USD 19.14 Bn in 2024 and is expected to reach USD 52.33 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 15.45% from 2024 to 2031. The passwordless authentication market is driven by the increasing instances of high-profile security breaches and growing regulatory pressure on organizations to secure access.