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  • Passwordless Authentication Market to grow at a CAGR of 26.3 percent during the forecast period

    (I-SoftwareNews.Com, May 15, 2023 ) Maximize Market research expects, the Passwordless Authentication Market to grow from USD 6.5 Bn in 2022 to USD 23 Bn by 2029 at a CAGR of 26.3 percent.

    Passwordless Authentication Market Report Scope and Research Methodology

    The objective of the study analyze and forecast the Passwordless Authentication Market size. The report includes strategic profiling of significant market participants in order to accurately depict the competitive environment for the global Passwordless Authentication market. SWOT analysis was used to provide the strengths, weaknesses, opportunities and threats in the Passwordless Authentication industry.

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    Passwordless Authentication Market Dynamics

    Demand for enhanced user experience in the banking sector is expected to boost the Passwordless Authentication Market growth. Enhanced user experience to acquire a competitive edge enterprises are concentrating due to a decrease in login friction and contributing for the growth of the market.

    Passwordless Authentication Market Regional Insights

    North America region is expected to dominate the Passwordless Authentication Market over the forecast period. Adoption of Passwordless Authentication technology with ongoing research and development activities is expected to boost the market growth.

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    Passwordless Authentication Market Segmentation

    By Component




    By Type

    Fingerprint Authentication

    Palm Recognition

    Iris Recognition

    Face Recognition

    Voice Recognition

    Smart Card

    By Authentication Type

    Single-factor Authentication

    Multi-factor Authentication

    By End-user

    IT & Telecom


    Transportation & Logistics

    Aerospace & Defense




    By Portability



    Passwordless Authentication Market Key Competitors include:


    NEC Corporation

    M2SYS Technology


    HID Global Corporation


    HID Global

    Duo Security



    Log Me Once

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    Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

    Password Management Market : The market size is expected to grow at a CAGR of 19.40 percent during the forecast period and is expected to reach USD 5.07 Bn by 2029.

    Security threads Market : The market size is expected to grow at a CAGR of 5.5 percent over the forecast period and is expected to reach USD 13.26 Bn by 2029.

    About Maximize Market Research:

    Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.


    Dnyaneshwari Yevale

    +91 9607365656

    Source: EmailWire.Com


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