Mexico - North America Passwordless Authentication Market Size & Outlook
The passwordless authentication market in Mexico - North America is expected to reach a projected revenue of US$ 1,740.1 million by 2030. A compound annual growth rate of 17.1% is expected of Mexico - North America passwordless authentication market from 2025 to 2030.
- Enterprise Technology & Automation
- Cybersecurity & Digital Risk
- Passwordless Authentication Market Outlook
- Cybersecurity & Digital Risk
Revenue, 2024 (US$M)
$657.1
Forecast, 2030 (US$M)
$1,740.1
CAGR, 2025 - 2030
17.1%
Report Coverage
Mexico
Global Market
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Mexico passwordless authentication market highlights
- The Mexico passwordless authentication market generated a revenue of USD 657.1 million in 2024 and is expected to reach USD 1,740.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 17.1% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Passwordless authentication market data book summary
| Market revenue in 2024 | USD 657.1 million |
| Market revenue in 2030 | USD 1,740.1 million |
| Growth rate | 17.1% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Assa Abloy AB Class B, DERMALOG, Fujitsu Ltd, HID Global, M2SYS Technology, Microsoft Corp, NEC Corp, Safran SA, Thales |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.1% of the global passwordless authentication market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. passwordless authentication market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,740.1 million by 2030.
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Publish Date: Jul 16, 2025
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Passwordless Authentication Market Scope
Passwordless Authentication Market segmentation & scope
Others
Passwordless Authentication Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fujitsu Ltd | View profile | 124,055 | Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 | www.fujitsu.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| NEC Corp | View profile | 118,527 | 7-1, Shiba 5-chome, Minato-ku, Tokyo, Japan, 108-8001 | www.nec.com |
| Thales | View profile | 81,000 | 4, rue de la Verrerie, Meudon, France, 92190 | www.thalesgroup.com |
| Safran SA | View profile | 83,278 | 2, boulevard du General-Martial-Valin, Paris, France, 75015 | www.safran-group.com |
| Assa Abloy AB Class B | View profile | 61,282 | Klarabergsviadukten 90, P.O. Box 70340, Stockholm, Sweden, SE-107 23 | www.assaabloy.com |
| M2SYS Technology | View profile | 101-250 | Atlanta, Georgia, United States, North America | www.m2sys.com/ |
| DERMALOG | View profile | 101-250 | Hamburg, Hamburg, Germany, Europe | www.dermalog.com/ |
| HID Global | View profile | 1001-5000 | Irvine, California, United States, North America | www.hidglobal.com |
Mexico - North America Passwordless Authentication Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Passwordless Authentication Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 66.28% in 2024.
Horizon Databook has segmented the Mexico - North America passwordless authentication market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Mexico - North America Passwordless Authentication Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- Mexico - North America Passwordless Authentication Market Type Outlook (Revenue, USD Million , 2018-2030)
- Fingerprint Authentication
- Palm Print Recognition
- Iris Recognition
- Face Recognition
- Voice Recognization
- Smart Card
- Others
- Mexico - North America Passwordless Authentication Market Authentication Type Outlook (Revenue, USD Million , 2018-2030)
- Single-factor Authentication
- Multi-factor Authentication
- Mexico - North America Passwordless Authentication Market Portability Outlook (Revenue, USD Million , 2018-2030)
- Fixed
- Mobile
- Mexico - North America Passwordless Authentication Market End Use Outlook (Revenue, USD Million , 2018-2030)
- IT & Telecom
- Retail
- Transportation & Logistics
- Aerospace & Defence
- BFSI
- Healthcare
- Government
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Passwordless Authentication Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Passwordless Authentication Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - North America Passwordless Authentication Market, 2018-2030 (US$M)
Mexico Component - Passwordless Authentication Market Statistics, 2024 - 2030 (US$M)
