| Product Code: ETC4384947 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Passwordless authentication is gaining traction in Malaysia as a more secure and user-friendly alternative to traditional passwords. This market is growing as organizations look for ways to enhance security without compromising user experience. The adoption of biometrics, smart cards, and other passwordless authentication methods is expected to continue to rise.
The Malaysia passwordless authentication market is being driven by the growing need for more secure and convenient authentication methods. Businesses are increasingly adopting passwordless solutions to reduce the risks associated with traditional password-based systems. Additionally, the rise in cyber threats and data breaches is pushing organizations to seek more advanced authentication methods, boosting the demand for passwordless authentication solutions.
The Malaysia passwordless authentication market encounters challenges as organizations seek to eliminate traditional passwords for more secure and user-friendly alternatives. While passwordless authentication methods like biometrics and token-based solutions offer enhanced security, they also raise concerns about privacy and data protection. Ensuring the widespread adoption of passwordless authentication and integrating these methods seamlessly into existing systems can be a hurdle. User education and acceptance also play a significant role in the market`s success.
The pandemic highlighted the importance of secure, contactless authentication methods. As remote work and digital interactions became the norm, the demand for passwordless authentication solutions in Malaysia surged. Eliminating the need for traditional passwords, these solutions offered a more convenient and secure way for users to access their accounts and data.
In the Malaysia Passwordless Authentication market, Okta is a significant player, offering secure and user-friendly passwordless authentication solutions. Microsoft is also a key player, providing passwordless authentication options as part of their identity and access management services. These companies are helping organizations in Malaysia move towards more convenient and secure authentication methods.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Passwordless Authentication Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Passwordless Authentication Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Passwordless Authentication Market - Industry Life Cycle |
3.4 Malaysia Passwordless Authentication Market - Porter's Five Forces |
3.5 Malaysia Passwordless Authentication Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 Malaysia Passwordless Authentication Market Revenues & Volume Share, By Motility, 2021 & 2031F |
3.7 Malaysia Passwordless Authentication Market Revenues & Volume Share, By Authentication Type, 2021 & 2031F |
3.8 Malaysia Passwordless Authentication Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Malaysia Passwordless Authentication Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing cybersecurity threats and data breaches, driving the demand for more secure authentication methods like passwordless authentication. |
4.2.2 Growing adoption of cloud services and mobile devices, leading to the need for convenient and secure authentication solutions. |
4.2.3 Government regulations and initiatives promoting the use of advanced authentication methods to enhance data protection and privacy. |
4.3 Market Restraints |
4.3.1 Resistance to change and traditional mindset towards password-based authentication methods. |
4.3.2 Concerns about the complexity and cost of implementing passwordless authentication solutions. |
5 Malaysia Passwordless Authentication Market Trends |
6 Malaysia Passwordless Authentication Market, By Types |
6.1 Malaysia Passwordless Authentication Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Passwordless Authentication Market Revenues & Volume, By Offering, 2021-2031F |
6.1.3 Malaysia Passwordless Authentication Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 Malaysia Passwordless Authentication Market Revenues & Volume, By Software, 2021-2031F |
6.1.5 Malaysia Passwordless Authentication Market Revenues & Volume, By Services, 2021-2031F |
6.2 Malaysia Passwordless Authentication Market, By Motility |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Passwordless Authentication Market Revenues & Volume, By Fixed/Rack Mounted, 2021-2031F |
6.2.3 Malaysia Passwordless Authentication Market Revenues & Volume, By Mobile/Portable, 2021-2031F |
6.3 Malaysia Passwordless Authentication Market, By Authentication Type |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Passwordless Authentication Market Revenues & Volume, By Single-factor, 2021-2031F |
6.3.3 Malaysia Passwordless Authentication Market Revenues & Volume, By Multi-factor, 2021-2031F |
6.4 Malaysia Passwordless Authentication Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Passwordless Authentication Market Revenues & Volume, By BFSI, 2021-2031F |
6.4.3 Malaysia Passwordless Authentication Market Revenues & Volume, By IT and ITeS, 2021-2031F |
6.4.4 Malaysia Passwordless Authentication Market Revenues & Volume, By Government and Law Enforcement, 2021-2031F |
6.4.5 Malaysia Passwordless Authentication Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.6 Malaysia Passwordless Authentication Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.7 Malaysia Passwordless Authentication Market Revenues & Volume, By Retail and Consumer Electronics, 2021-2031F |
6.4.8 Malaysia Passwordless Authentication Market Revenues & Volume, By Other Verticals (Education; Energy and Utilities; Aerospace and Defense; Media and Entertainment; Online Gaming; and Transportation and Logistics), 2021-2031F |
6.4.9 Malaysia Passwordless Authentication Market Revenues & Volume, By Other Verticals (Education; Energy and Utilities; Aerospace and Defense; Media and Entertainment; Online Gaming; and Transportation and Logistics), 2021-2031F |
7 Malaysia Passwordless Authentication Market Import-Export Trade Statistics |
7.1 Malaysia Passwordless Authentication Market Export to Major Countries |
7.2 Malaysia Passwordless Authentication Market Imports from Major Countries |
8 Malaysia Passwordless Authentication Market Key Performance Indicators |
8.1 Adoption rate of passwordless authentication solutions among enterprises in Malaysia. |
8.2 Number of cybersecurity incidents reported post-implementation of passwordless authentication. |
8.3 User satisfaction and feedback on the usability and effectiveness of passwordless authentication methods. |
9 Malaysia Passwordless Authentication Market - Opportunity Assessment |
9.1 Malaysia Passwordless Authentication Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 Malaysia Passwordless Authentication Market Opportunity Assessment, By Motility, 2021 & 2031F |
9.3 Malaysia Passwordless Authentication Market Opportunity Assessment, By Authentication Type, 2021 & 2031F |
9.4 Malaysia Passwordless Authentication Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Malaysia Passwordless Authentication Market - Competitive Landscape |
10.1 Malaysia Passwordless Authentication Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Passwordless Authentication Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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