Europe Passwordless Authentication Market Size, Share & Industry Trends Analysis Report By Product Type, By Component (Hardware, Software, and Services), By Authentication Type, By Portability (Fixed and Mobile), By End User, By Country and Growth Forecast, 2022 - 2028

The Europe Passwordless Authentication Market would witness market growth of 17.5% CAGR during the forecast period (2022-2028).

Enterprise IT companies are conscious of the numerous compelling arguments against password authentication. Supporting and maintaining passwords is typically the biggest burden for many IT departments. In order to prevent password theft, it is customary to encourage the usage of long, secure passwords and to demand frequent password changes.

However, these tactics frequently result in unsatisfactory user behavior and can raise the costs of the IT helpdesk due to frequent password resets. Most importantly, this strategy is insufficient to overcome contemporary cybersecurity threats and falls short of organizational information security needs. By focusing on multifactor authentication (MFA) and robust threat detection instead of password rules, significant security improvements can be realized.

Recent times have witnessed the emergence of social engineering, which refers to a very broad variety of techniques used by cybercriminals to trick victims into disclosing their login information. Social networking platforms frequently offer the ideal setting for hackers to pose as potential victims and contact them for information. Certain social engineering techniques don't even demand the attackers to interact with the victims directly.

The use of biometrics is growing within the various departments of government. For identity verification and identification, the EU's centralized information systems for borders and security are becoming more dependent on biometric technologies. The Schengen Information System, the European Dactyloscopy Database (Eurodac), and the Visa Information System all currently use automated fingerprint identification technology, the Entry/Exit System and the European Criminal Record Information System for third-country nationals will use it as well. As such, the region is propelling the growth of authentication technology in biometrics and significantly expanding the passwordless authentication market.

The Germany market dominated the Europe Passwordless Authentication Market by Country in 2021; thereby, achieving a market value of $2,364.5 million by 2028. The UK market is exhibiting a CAGR of 16.6% during (2022 - 2028). Additionally, The France market would experience a CAGR of 18.4% during (2022 - 2028).

Based on Product Type, the market is segmented into Fingerprint Authentication, Palm Recognition, Iris Recognition, Face Recognition, Voice Recognition, Smart Card, and Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Authentication Type, the market is segmented into Single-factor and Multi-factor. Based on Portability, the market is segmented into Fixed and Mobile. Based on End User, the market is segmented into Government, BFSI, IT & Telecom, Retail, Transportation & Logistics, Healthcare, Aerospace & Defense, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Passwordless Authentication Market will Hit $37.1 Billion by 2028, at a CAGR of 18%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Assa Abloy AB, Dermalog Identification Systems Gmbh, East Shore Technology, LLC, Fujitsu Limited, M2SYS Technology, Inc., Microsoft Corporation, NEC Corporation, Okta, Inc. and Thales Group S.A.

Scope of the Study

Market Segments Covered in the Report:

By Product Type

• Fingerprint Authentication
• Palm Recognition
• Iris Recognition
• Face Recognition
• Voice Recognition
• Smart Card
• Others

By Component

• Hardware
• Software
• Services

By Authentication Type

• Single-factor
• Multi-factor

By Portability

• Fixed
• Mobile

By End User

• Government
• BFSI
• IT & Telecom
• Retail
• Transportation & Logistics
• Healthcare
• Aerospace & Defense
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Assa Abloy AB
• Dermalog Identification Systems Gmbh
• East Shore Technology, LLC
• Fujitsu Limited
• M2SYS Technology, Inc.
• Microsoft Corporation
• NEC Corporation
• Okta, Inc.
• Thales Group S.A.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Passwordless Authentication Market, by Product Type
1.4.2 Europe Passwordless Authentication Market, by Component
1.4.3 Europe Passwordless Authentication Market, by Authentication Type
1.4.4 Europe Passwordless Authentication Market, by Portability
1.4.5 Europe Passwordless Authentication Market, by End User
1.4.6 Europe Passwordless Authentication Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Europe Passwordless Authentication Market by Product Type
3.1 Europe Fingerprint Authentication Market by Country
3.2 Europe Palm Recognition Market by Country
3.3 Europe Iris Recognition Market by Country
3.4 Europe Face Recognition Market by Country
3.5 Europe Voice Recognition Market by Country
3.6 Europe Smart Card Market by Country
3.7 Europe Other Product Type Market by Country

Chapter 4. Europe Passwordless Authentication Market by Component
4.1 Europe Hardware Market by Country
4.2 Europe Software Market by Country
4.3 Europe Services Market by Country

Chapter 5. Europe Passwordless Authentication Market by Authentication Type
5.1 Europe Single-factor Market by Country
5.2 Europe Multi-factor Market by Country

Chapter 6. Europe Passwordless Authentication Market by Portability
6.1 Europe Fixed Market by Country
6.2 Europe Mobile Market by Country

Chapter 7. Europe Passwordless Authentication Market by End User
7.1 Europe Government Market by Country
7.2 Europe BFSI Market by Country
7.3 Europe IT & Telecom Market by Country
7.4 Europe Retail Market by Country
7.5 Europe Transportation & Logistics Market by Country
7.6 Europe Healthcare Market by Country
7.7 Europe Aerospace & Defense Market by Country
7.8 Europe Others Market by Country

Chapter 8. Europe Passwordless Authentication Market by Country
8.1 Germany Passwordless Authentication Market
8.1.1 Germany Passwordless Authentication Market by Product Type
8.1.2 Germany Passwordless Authentication Market by Component
8.1.3 Germany Passwordless Authentication Market by Authentication Type
8.1.4 Germany Passwordless Authentication Market by Portability
8.1.5 Germany Passwordless Authentication Market by End User
8.2 UK Passwordless Authentication Market
8.2.1 UK Passwordless Authentication Market by Product Type
8.2.2 UK Passwordless Authentication Market by Component
8.2.3 UK Passwordless Authentication Market by Authentication Type
8.2.4 UK Passwordless Authentication Market by Portability
8.2.5 UK Passwordless Authentication Market by End User
8.3 France Passwordless Authentication Market
8.3.1 France Passwordless Authentication Market by Product Type
8.3.2 France Passwordless Authentication Market by Component
8.3.3 France Passwordless Authentication Market by Authentication Type
8.3.4 France Passwordless Authentication Market by Portability
8.3.5 France Passwordless Authentication Market by End User
8.4 Russia Passwordless Authentication Market
8.4.1 Russia Passwordless Authentication Market by Product Type
8.4.2 Russia Passwordless Authentication Market by Component
8.4.3 Russia Passwordless Authentication Market by Authentication Type
8.4.4 Russia Passwordless Authentication Market by Portability
8.4.5 Russia Passwordless Authentication Market by End User
8.5 Spain Passwordless Authentication Market
8.5.1 Spain Passwordless Authentication Market by Product Type
8.5.2 Spain Passwordless Authentication Market by Component
8.5.3 Spain Passwordless Authentication Market by Authentication Type
8.5.4 Spain Passwordless Authentication Market by Portability
8.5.5 Spain Passwordless Authentication Market by End User
8.6 Italy Passwordless Authentication Market
8.6.1 Italy Passwordless Authentication Market by Product Type
8.6.2 Italy Passwordless Authentication Market by Component
8.6.3 Italy Passwordless Authentication Market by Authentication Type
8.6.4 Italy Passwordless Authentication Market by Portability
8.6.5 Italy Passwordless Authentication Market by End User
8.7 Rest of Europe Passwordless Authentication Market
8.7.1 Rest of Europe Passwordless Authentication Market by Product Type
8.7.2 Rest of Europe Passwordless Authentication Market by Component
8.7.3 Rest of Europe Passwordless Authentication Market by Authentication Type
8.7.4 Rest of Europe Passwordless Authentication Market by Portability
8.7.5 Rest of Europe Passwordless Authentication Market by End User

Chapter 9. Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Fujitsu Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 SWOT Analysis
9.3 Thales Group S.A.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research and Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.4 Assa Abloy AB
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Research & Development Expense
9.5 NEC Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.6 Okta, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisition and Mergers:
9.7 M2SYS Technology, Inc.
9.7.1 Company Overview
9.8 Dermalog Identification Systems Gmbh
9.8.1 Company Overview
9.9 East Shore Technology, LLC
9.9.1 Company Overview

TABLE 1 Europe Passwordless Authentication Market, 2018 - 2021, USD Million
TABLE 2 Europe Passwordless Authentication Market, 2022 - 2028, USD Million
TABLE 3 Europe Passwordless Authentication Market by Product Type, 2018 - 2021, USD Million
TABLE 4 Europe Passwordless Authentication Market by Product Type, 2022 - 2028, USD Million
TABLE 5 Europe Fingerprint Authentication Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Fingerprint Authentication Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Palm Recognition Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Palm Recognition Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Iris Recognition Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Iris Recognition Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Face Recognition Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Face Recognition Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Voice Recognition Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Voice Recognition Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Smart Card Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Smart Card Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Other Product Type Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Other Product Type Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Passwordless Authentication Market by Component, 2018 - 2021, USD Million
TABLE 20 Europe Passwordless Authentication Market by Component, 2022 - 2028, USD Million
TABLE 21 Europe Hardware Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Hardware Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Software Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Software Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Passwordless Authentication Market by Authentication Type, 2018 - 2021, USD Million
TABLE 28 Europe Passwordless Authentication Market by Authentication Type, 2022 - 2028, USD Million
TABLE 29 Europe Single-factor Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Single-factor Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Multi-factor Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Multi-factor Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Passwordless Authentication Market by Portability, 2018 - 2021, USD Million
TABLE 34 Europe Passwordless Authentication Market by Portability, 2022 - 2028, USD Million
TABLE 35 Europe Fixed Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Fixed Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Mobile Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Mobile Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Passwordless Authentication Market by End User, 2018 - 2021, USD Million
TABLE 40 Europe Passwordless Authentication Market by End User, 2022 - 2028, USD Million
TABLE 41 Europe Government Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Government Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe BFSI Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe BFSI Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe Retail Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe Retail Market by Country, 2022 - 2028, USD Million
TABLE 49 Europe Transportation & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 50 Europe Transportation & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 51 Europe Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 52 Europe Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 53 Europe Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 54 Europe Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 55 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 56 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 57 Europe Passwordless Authentication Market by Country, 2018 - 2021, USD Million
TABLE 58 Europe Passwordless Authentication Market by Country, 2022 - 2028, USD Million
TABLE 59 Germany Passwordless Authentication Market, 2018 - 2021, USD Million
TABLE 60 Germany Passwordless Authentication Market, 2022 - 2028, USD Million
TABLE 61 Germany Passwordless Authentication Market by Product Type, 2018 - 2021, USD Million
TABLE 62 Germany Passwordless Authentication Market by Product Type, 2022 - 2028, USD Million
TABLE 63 Germany Passwordless Authentication Market by Component, 2018 - 2021, USD Million
TABLE 64 Germany Passwordless Authentication Market by Component, 2022 - 2028, USD Million
TABLE 65 Germany Passwordless Authentication Market by Authentication Type, 2018 - 2021, USD Million
TABLE 66 Germany Passwordless Authentication Market by Authentication Type, 2022 - 2028, USD Million
TABLE 67 Germany Passwordless Authentication Market by Portability, 2018 - 2021, USD Million
TABLE 68 Germany Passwordless Authentication Market by Portability, 2022 - 2028, USD Million
TABLE 69 Germany Passwordless Authentication Market by End User, 2018 - 2021, USD Million
TABLE 70 Germany Passwordless Authentication Market by End User, 2022 - 2028, USD Million
TABLE 71 UK Passwordless Authentication Market, 2018 - 2021, USD Million
TABLE 72 UK Passwordless Authentication Market, 2022 - 2028, USD Million
TABLE 73 UK Passwordless Authentication Market by Product Type, 2018 - 2021, USD Million
TABLE 74 UK Passwordless Authentication Market by Product Type, 2022 - 2028, USD Million
TABLE 75 UK Passwordless Authentication Market by Component, 2018 - 2021, USD Million
TABLE 76 UK Passwordless Authentication Market by Component, 2022 - 2028, USD Million
TABLE 77 UK Passwordless Authentication Market by Authentication Type, 2018 - 2021, USD Million
TABLE 78 UK Passwordless Authentication Market by Authentication Type, 2022 - 2028, USD Million
TABLE 79 UK Passwordless Authentication Market by Portability, 2018 - 2021, USD Million
TABLE 80 UK Passwordless Authentication Market by Portability, 2022 - 2028, USD Million
TABLE 81 UK Passwordless Authentication Market by End User, 2018 - 2021, USD Million
TABLE 82 UK Passwordless Authentication Market by End User, 2022 - 2028, USD Million
TABLE 83 France Passwordless Authentication Market, 2018 - 2021, USD Million
TABLE 84 France Passwordless Authentication Market, 2022 - 2028, USD Million
TABLE 85 France Passwordless Authentication Market by Product Type, 2018 - 2021, USD Million
TABLE 86 France Passwordless Authentication Market by Product Type, 2022 - 2028, USD Million
TABLE 87 France Passwordless Authentication Market by Component, 2018 - 2021, USD Million
TABLE 88 France Passwordless Authentication Market by Component, 2022 - 2028, USD Million
TABLE 89 France Passwordless Authentication Market by Authentication Type, 2018 - 2021, USD Million
TABLE 90 France Passwordless Authentication Market by Authentication Type, 2022 - 2028, USD Million
TABLE 91 France Passwordless Authentication Market by Portability, 2018 - 2021, USD Million
TABLE 92 France Passwordless Authentication Market by Portability, 2022 - 2028, USD Million
TABLE 93 France Passwordless Authentication Market by End User, 2018 - 2021, USD Million
TABLE 94 France Passwordless Authentication Market by End User, 2022 - 2028, USD Million
TABLE 95 Russia Passwordless Authentication Market, 2018 - 2021, USD Million
TABLE 96 Russia Passwordless Authentication Market, 2022 - 2028, USD Million
TABLE 97 Russia Passwordless Authentication Market by Product Type, 2018 - 2021, USD Million
TABLE 98 Russia Passwordless Authentication Market by Product Type, 2022 - 2028, USD Million
TABLE 99 Russia Passwordless Authentication Market by Component, 2018 - 2021, USD Million
TABLE 100 Russia Passwordless Authentication Market by Component, 2022 - 2028, USD Million
TABLE 101 Russia Passwordless Authentication Market by Authentication Type, 2018 - 2021, USD Million
TABLE 102 Russia Passwordless Authentication Market by Authentication Type, 2022 - 2028, USD Million
TABLE 103 Russia Passwordless Authentication Market by Portability, 2018 - 2021, USD Million
TABLE 104 Russia Passwordless Authentication Market by Portability, 2022 - 2028, USD Million
TABLE 105 Russia Passwordless Authentication Market by End User, 2018 - 2021, USD Million
TABLE 106 Russia Passwordless Authentication Market by End User, 2022 - 2028, USD Million
TABLE 107 Spain Passwordless Authentication Market, 2018 - 2021, USD Million
TABLE 108 Spain Passwordless Authentication Market, 2022 - 2028, USD Million
TABLE 109 Spain Passwordless Authentication Market by Product Type, 2018 - 2021, USD Million
TABLE 110 Spain Passwordless Authentication Market by Product Type, 2022 - 2028, USD Million
TABLE 111 Spain Passwordless Authentication Market by Component, 2018 - 2021, USD Million
TABLE 112 Spain Passwordless Authentication Market by Component, 2022 - 2028, USD Million
TABLE 113 Spain Passwordless Authentication Market by Authentication Type, 2018 - 2021, USD Million
TABLE 114 Spain Passwordless Authentication Market by Authentication Type, 2022 - 2028, USD Million
TABLE 115 Spain Passwordless Authentication Market by Portability, 2018 - 2021, USD Million
TABLE 116 Spain Passwordless Authentication Market by Portability, 2022 - 2028, USD Million
TABLE 117 Spain Passwordless Authentication Market by End User, 2018 - 2021, USD Million
TABLE 118 Spain Passwordless Authentication Market by End User, 2022 - 2028, USD Million
TABLE 119 Italy Passwordless Authentication Market, 2018 - 2021, USD Million
TABLE 120 Italy Passwordless Authentication Market, 2022 - 2028, USD Million
TABLE 121 Italy Passwordless Authentication Market by Product Type, 2018 - 2021, USD Million
TABLE 122 Italy Passwordless Authentication Market by Product Type, 2022 - 2028, USD Million
TABLE 123 Italy Passwordless Authentication Market by Component, 2018 - 2021, USD Million
TABLE 124 Italy Passwordless Authentication Market by Component, 2022 - 2028, USD Million
TABLE 125 Italy Passwordless Authentication Market by Authentication Type, 2018 - 2021, USD Million
TABLE 126 Italy Passwordless Authentication Market by Authentication Type, 2022 - 2028, USD Million
TABLE 127 Italy Passwordless Authentication Market by Portability, 2018 - 2021, USD Million
TABLE 128 Italy Passwordless Authentication Market by Portability, 2022 - 2028, USD Million
TABLE 129 Italy Passwordless Authentication Market by End User, 2018 - 2021, USD Million
TABLE 130 Italy Passwordless Authentication Market by End User, 2022 - 2028, USD Million
TABLE 131 Rest of Europe Passwordless Authentication Market, 2018 - 2021, USD Million
TABLE 132 Rest of Europe Passwordless Authentication Market, 2022 - 2028, USD Million
TABLE 133 Rest of Europe Passwordless Authentication Market by Product Type, 2018 - 2021, USD Million
TABLE 134 Rest of Europe Passwordless Authentication Market by Product Type, 2022 - 2028, USD Million
TABLE 135 Rest of Europe Passwordless Authentication Market by Component, 2018 - 2021, USD Million
TABLE 136 Rest of Europe Passwordless Authentication Market by Component, 2022 - 2028, USD Million
TABLE 137 Rest of Europe Passwordless Authentication Market by Authentication Type, 2018 - 2021, USD Million
TABLE 138 Rest of Europe Passwordless Authentication Market by Authentication Type, 2022 - 2028, USD Million
TABLE 139 Rest of Europe Passwordless Authentication Market by Portability, 2018 - 2021, USD Million
TABLE 140 Rest of Europe Passwordless Authentication Market by Portability, 2022 - 2028, USD Million
TABLE 141 Rest of Europe Passwordless Authentication Market by End User, 2018 - 2021, USD Million
TABLE 142 Rest of Europe Passwordless Authentication Market by End User, 2022 - 2028, USD Million
TABLE 143 key information – Microsoft Corporation
TABLE 144 Key Information – Fujitsu Limited
TABLE 145 key information – Thales Group S.A.
TABLE 146 Key Information – Assa Abloy AB
TABLE 147 KEY INFORMATION – NEC Corporation
TABLE 148 Key Information – Okta, Inc.
TABLE 149 Key Information – M2SYS Technology, Inc.
TABLE 150 Key Information – Dermalog Identification Systems Gmbh
TABLE 151 Key Information – East Shore Technology, LLC

List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Microsoft Corporation
FIG 3 SWOT Analysis: Fujitsu Limited