Middle East & Africa Passwordless Authentication Market Size & Outlook
The passwordless authentication market in Middle East & Africa is expected to reach a projected revenue of US$ 3,342.2 million by 2030. A compound annual growth rate of 18.7% is expected of Middle East & Africa passwordless authentication market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,167.1
Forecast, 2030 (US$M)
$3,342.2
CAGR, 2025 - 2030
18.7%
Report Coverage
Middle East & Africa
Related Markets
MEA passwordless authentication market highlights
- The MEA passwordless authentication market generated a revenue of USD 1,167.1 million in 2024.
- The market is expected to grow at a CAGR of 18.7% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 1,167.1 million |
| Market revenue in 2030 | USD 3,342.2 million |
| Growth rate | 18.7% (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 |
| Key market players worldwide | Assa Abloy AB Class B, DERMALOG, Fujitsu Ltd, HID Global, M2SYS Technology, Microsoft Corp, NEC Corp, Safran SA, Thales |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.5% of the global passwordless authentication market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,151.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
MEA passwordless authentication market size, by country, 2018-2030 (US$M)
Middle East & Africa Passwordless Authentication Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
