Passwordless authentication is a type of muti-factor authentication (MFA) that eliminates a password as an authentication type. Instead of using passwords (something the user knows), passwordless authentication relies on authenticating a user via other means, such as something a user has (like a trusted mobile device or a hardware security key) and something that they are (for example, scanning their fingerprint).

Market Analysis and Insights: Global Passwordless Authentication Software Market
The global Passwordless Authentication Software market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
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Global Passwordless Authentication Software Scope and Market Size
Passwordless Authentication Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Passwordless Authentication Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Cloud -Based
Web-based

Segment by Application
BFSI
IT and Telecomm
Healthcare
Government
Defense and Surveillance
Consumer Electronics
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Ping Identity
Yubico
Secret Double Octopus
Microsoft
Authentiq
1Kosmos
cidaas
Groove id
HYPR
IDEE GmbH
IdRamp
Locurity
Fortmatic
Identite
OARO
Privakey
ReachFive
Trusona
Veridium