Global Passwordless Authentication Market Size & Outlook
The global passwordless authentication market size was estimated at USD 21,071.7 million in 2024 and is projected to reach USD 55,702.8 million by 2030, growing at a CAGR of 17.1% from 2025 to 2030.
Revenue, 2024 (US$M)
$21,071.7
Forecast, 2030 (US$M)
$55,702.8
CAGR, 2025 - 2030
17.1%
Report Coverage
Worldwide
Global passwordless authentication market, 2018-2030 (US$M)
Related Markets
Global passwordless authentication market highlights
- The global passwordless authentication market generated a revenue of USD 21,071.7 million in 2024 and is expected to reach USD 55,702.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 17.1% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 15,634.2 million in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 21,071.7 million |
| Market revenue in 2030 | USD 55,702.8 million |
| Growth rate | 17.1% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 38.4% of the global passwordless authentication market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 1,590.9 million by 2030.
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Passwordless Authentication Market Scope
Passwordless authentication market segmentation & scope
Others
Passwordless Authentication Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HID Global | View profile | 1001-5000 | Irvine, California, United States, North America | http://www.hidglobal.com |
| DERMALOG | View profile | 101-250 | Hamburg, Hamburg, Germany, Europe | http://www.dermalog.com/ |
| M2SYS Technology | View profile | 101-250 | Atlanta, Georgia, United States, North America | http://www.m2sys.com/ |
| Assa Abloy AB Class B | View profile | 61282 | Klarabergsviadukten 90, P.O. Box 70340, Stockholm, Sweden, SE-107 23 | https://www.assaabloy.com |
| Safran SA | View profile | 83278 | 2, boulevard du General-Martial-Valin, Paris, France, 75015 | https://www.safran-group.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| NEC Corp | View profile | 118527 | 7-1, Shiba 5-chome, Minato-ku, Tokyo, Japan, 108-8001 | https://www.nec.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Fujitsu Ltd | View profile | 124055 | Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 | http://www.fujitsu.com |
Global passwordless authentication market size, by regions, 2018-2030 (US$M)
Top 10 countries: Passwordless authentication market size, 2024 (US$M)
Global passwordless authentication market share, by component, 2024 & 2030 (%, US$M)
Passwordless authentication market: Opportunity assessment by country
Global passwordless authentication market, by region, 2024 (US$M)
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