How Big is the Passwordless Authentication Market | Security Trends. Size & Growth 2025

Code: MTA7811 Publication Date: Aug 2025

What is the size of Passwordless Authentication Market?

According to 6Wresearch internal database and industry insights, Global Passwordless Authentication Market was estimated at USD 900 billion in 2024 and is projected to reach USD 2000 billion by 2031, expanding at a CAGR of 18.10% during the forecast period 2025-2031.

There are numbers of factors which are helping to expand the landscape of Passwordless Authentication Market include increasing cybersecurity threats, growing adoption of multi-factor and biometric authentication, and rising demand for seamless user experiences across digital platforms.

Key Growth Drivers of the Passwordless Authentication Market

  • Increasing adoption of cloud-based and mobile authentication solutions
  • Rising concerns over password-related security breaches and data theft
  • Growing integration of biometric technologies such as fingerprint and facial recognition
  • Demand for frictionless and fast authentication in enterprises and consumer applications
  • Pressurize the regulatory bodies to maintain the stronger identity verification methods

Passwordless Authentication Market Trends

Passwordless Authentication Market is moving forward with robust trends include the rising shift towards more widespread use of biometrics and behavioural analytics for authentication. This market is integrated with mobile devices and wearables is increasing to enhance user convenience. Passwordless methods like FIDO2 and WebAuthn are gaining traction across industries. Further, this market has noticed the growing adoption of decentralized identity frameworks to improve privacy and security.

Emerging Developments in the Passwordless Authentication Market

Passwordless Authentication Market is developing exceptionally with innovations include AI-powered risk-based authentication systems that adapt in real-time to user behavior. The adoption of blockchain technology for secure identity verification is emerging. Passwordless authentication is being embedded into IoT devices and smart home ecosystems. Moreover, the development of frictionless, invisible authentication techniques that require no user interaction is underway.

List of Leading Companies in the Passwordless Authentication Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Microsoft Corporation

Company NameMicrosoft Corporation
Established Year1975
HeadquartersRedmond, Washington, USA
Official WebsiteClick Here

Focuses on cloud integration & delivers passwordless solutions integrated with Azure Active Directory & Windows Hello.

2. IBM Corporation

Company NameIBM Corporation
Established Year1911
HeadquartersArmonk, New York, USA
Official WebsiteClick Here

Known for robust enterprise security, offering passwordless authentication within its identity & access management portfolio.

3. Okta, Inc.

Company NameOkta, Inc.
Established Year2009
HeadquartersSan Francisco, California, USA
Official WebsiteClick Here

Specializes in identity management with cloud-first passwordless authentication solutions for enterprises.

4. Duo Security

Company NameDuo Security
Established Year2009
HeadquartersAnn Arbor, Michigan, USA
Official WebsiteClick Here

Provides passwordless authentication as part of multi-factor solutions, focusing on user-friendly security.

5. HYPR Corp.

Company NameHYPR Corp.
Established Year2015
HeadquartersNew York, New York, USA
Official WebsiteClick Here

Dedicated to decentralized passwordless authentication with biometric & device-based solutions to eliminate passwords across enterprises.

6. Auth0 (An Okta Company)

Company NameAuth0
Established Year2013
HeadquartersBellevue, Washington, USA
Official WebsiteClick Here

Provides developer-friendly APIs & identity platforms for passwordless authentication, enhancing flexibility for enterprises & developers.

7. Ping Identity Corporation

Company NamePing Identity Corporation
Established Year2002
HeadquartersDenver, Colorado, USA
Official WebsiteClick Here

Delivers enterprise-grade passwordless authentication, emphasizing adaptive access & AI-driven identity security.

8. Google LLC

Company NameGoogle LLC
Established Year1998
HeadquartersMountain View, California, USA
Official WebsiteClick Here

Integrates passwordless authentication in Google Workspace & Android ecosystems, prioritizing convenience & security.

How Big is the Passwordless Authentication Market : FAQ's

The Passwordless Authentication market was estimated at USD 900 billion in 2024 and is projected to reach USD 2000 billion by 2031.
Growth is driven by cybersecurity concerns, biometric adoption, cloud migration, and regulatory requirements.
IT & telecom, BFSI, healthcare, government, and retail sectors are leading adopters.
Major companies include Microsoft, IBM, Okta, Duo Security, HYPR, Auth0, Ping Identity, and Google.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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