Passwordless Authentication Market Industry Trends, Revenue, Key...

Passwordless Authentication Market Industry Trends, Revenue, Key Players, Growth, Share

Posted 2024-02-09 06:32:51

10 minutes

Global Passwordless Authentication Market Research Report and Forecast is an investigative report providing an extensive study of the global Passwordless Authentication market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Passwordless Authentication market on the global and regional scale, along with a thorough forecast estimation.

The global passwordless authentication market size is expected to reach USD 68.50 Billion in 2032 and register a steady revenue CAGR of 26.3% over the forecast period, according to the latest analysis by Emergen Research. Increasing need for innovative user convenience is driving the market revenue growth. The usage of weak passwords or practice of repeating passwords across several accounts can result from the strain that conventional password-based authentication places on users. Multiple password management becomes inefficient and difficult to remember. In addition, employees frequently find it difficult to change a forgotten password. Passwordless solutions, on the other hand, provide a simplified login procedure that improves user-friendliness and reduces user friction. Password-less authentication frees users from having to create and remember their passwords. Instead, people can confirm their identity using techniques such as email, phone, or biometrics which is driving revenue growth of the market.

In the Global Passwordless Authentication Market Research Report published by Emergen Research, key business details are analyzed along with a geographical overview of the Passwordless Authentication industry, which provides extensive analysis of this sector. This study provides a comprehensive look at the Passwordless Authentication market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.

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In view of the current COVID-19 pandemic, the growth of the Passwordless Authentication industry is expected to be significantly affected, especially due to movement restrictions and lockdowns affecting supply and demand. There has been a significant impact of the COVID-19 pandemic on several sectors of the global market. The Passwordless Authentication sector is expected to be affected too. The economic slowdown and dynamic changes in the demands will also adversely affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Passwordless Authentication industry.

Key Companies Profiled in the Report:

HID Global Corporation, NEC Corporation, Microsoft, Fujitsu, Okta, Duo, Thales, Beyond Identity, Entrust Corporation, Ping Identity

Report Highlights:

Besides offering a vivid depiction of the global Passwordless Authentication business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Key regions in the market include:

North America
- S.
- Canada
Europe
- K.
- Italy
- Germany
Asia Pacific
- India
- Japan
- China
Latin America
- Chile
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- A.E.

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Passwordless Authentication Market Segmentation:

Offering Outlook (Revenue, USD Billion; 2019–2032)
- Hardware
- Software
- Service

Authentication Method Outlook (Revenue, USD Billion; 2019–2032)
- Biometric Authentication
- Token-Based Authentication
- Magic links
- Email or SMS-Based Authentication

Type Outlook (Revenue, USD Billion; 2019–2032)
- Single-factor authentication
- Multi-factor authentication

Key Benefits for Stakeholders:

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A detailed analysis of the factors that drive and restrict the growth of the minimally invasive surgical systems market is provided.
Extensive analysis of key segments demonstrates the types of energy devices, access equipment, and visualization & documentation systems used in minimally invasive surgeries.
A comprehensive analysis of the geographical landscape provides detailed information about various regions across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report offers a competitive landscape of the minimally invasive surgical systems market to assist players to gain insights into the competition scenario. Key companies operating in the market are profiled to provide valuable insights.

The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

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Our reports will help you solve the following issues: –

Insecurity about the future:

Our research and insights help our clients to anticipate upcoming revenue compartments and growth ranges. This help our client to invest or divest their assets.

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It is extremely vital to have an impartial understanding of market opinions for a strategy. Our insights help to have a keen view on a market sentiment. We keep this reconnaissance by engaging with Key Opinion Leaders of a value chain of each industry we track.

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Our research ranks investments centers of market by considering their future demands, returns and profit margins. Our clients can focus on most prominent investment centers by procuring our market research.

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Our research and insights help our clients in identifying compatible business partners.

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