Press release
Passwordless Authentication Market to reach USD 23 Bn by 2029, emerging at a CAGR of 26.3 percent and forecast 2023-2029
Passwordless Authentication Market
Maximize Market Research Pvt Ltd, a renowned leader in market research, has published an extensive report on the Passwordless Authentication Market. The report provides in-depth insights into the market's competitive landscape, financial performance, product portfolios, and strategies of key players in the industry. It covers major drivers, challenges, and growth prospects worldwide. The report analyzes investment patterns of market players seeking to expand their global presence, making it an invaluable resource for investors. Additionally, it offers growth potential and business forecasts for new market entrants.
The report is based on a comprehensive research methodology that combines primary and secondary research. Primary research was conducted to validate findings from secondary research. The report's market size estimation was established using a bottom-up approach.
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Passwordless Authentication Market Dynamics:
The Passwordless Authentication Market is being driven by the demand for enhanced user experiences in the banking sector. Fingerprint sensors, smartcards, facial recognition, voice analysis, and iris recognition are increasingly used for secure authentication, reducing the reliance on passwords. The banking sector's adoption of passwordless authentication is driven by the need for additional security for customer accounts and the rise of cloud services.
Passwordless Authentication Market Regional Insights:
The Passwordless Authentication Market is expected to witness significant growth across regions. North America leads due to high technology adoption, while Europe benefits from GDPR-driven security measures. The Asia-Pacific region is experiencing growth due to mobile device adoption and data breach concerns. Latin America is also witnessing growth in the Passwordless Authentication Market.
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Passwordless Authentication MarketSegmentation:
by Component
1.Hardware
2. Software
3.Services
by Type
1.Fingerprint Authentication
2.Palm Recognition
3.Iris Recognition
4.Face Recognition
5.Voice Recognition
6.Smart Card
by Authentication Type
1.Single-factor Authentication
2.Multi-factor Authentication
by End-user
1.IT & Telecom
2.Retail
3.Transportation & Logistics
4.Aerospace & Defense
5.BFSI
6.Healthcare
7.Government
by Portability
1.Fixed
2.Mobile
Passwordless Authentication MarketKey Players:
1.Fujitsu
2.NEC Corporation
3.M2SYS Technology
4. Microsoft
5. HID Global Corporation
6. Okta
7. HID Global
8. Duo Security
9.Cisco
10.IBM
11.Log Me Once
12.Trusona
13.PureID
14.Keyless
15.Identite
16.Kosmos
17.Ubisecure
18. Signicat
19. Stytch
20. Hypr
21. Secret Double Octopus
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report :https://www.maximizemarketresearch.com/market-report/passwordless-authentication-market/184628/
Table of content for thePasswordless Authentication Marketincludes:
1. Global Passwordless Authentication Market: Research Methodology
2. Global Passwordless Authentication Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Global Passwordless Authentication Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, SizeandForecast by different segment | 2023-2029
Market Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation A detailed analysis by growth and trend
Competitive Landscape Profiles of selected key players by region from a strategic perspective
Competitive landscape Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTERs analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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