The future of the passwordless authentication market looks promising, with sustained high growth expected over the next decade. Several key growth drivers will continue to shape the market landscape. Technological advancements in biometrics, such as improved accuracy and the integration of newer modalities like vein recognition and behavioral biometrics, will drive further adoption. The increasing emphasis on zero-trust security models, which advocate for continuous verification and least privilege access, will also favor passwordless authentication methods.

According to CoherentMI, passwordless authentication market is estimated to be valued at USD 22.14 Bn in 2025 and is expected to reach USD 61.45 Bn by 2032. It is projected to grow at a compound annual growth rate (CAGR) of 15.7% from 2025 to 2032.

The growing demand for frictionless user experiences will continue to push organizations to adopt Passwordless Authentication Market solutions that streamline the login process without compromising security. The proliferation of IoT devices will also necessitate secure and passwordless authentication mechanisms to protect the expanding digital ecosystem. Furthermore, government initiatives and regulations promoting stronger cybersecurity practices are expected to accelerate the adoption of passwordless authentication across various sectors.

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