Research Methodology – Passwordless Authentication Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Passwordless Authentication Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Passwordless Authentication Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Current number of businesses and users employing passwordless authentication.
- Trends in the digital security sector.
- Pricing models of various passwordless authentication solutions.
- Level of competition in the market.
- Market penetration rate of passwordless technologies.
- Investments in the cybersecurity sector.
- Geographic distribution and growth in different regions.
- Impact of government regulations on the market.
- Technological advancements in the field of authentication.
2 Key Market Indicators
- Annual growth rate of the passwordless authentication market.
- Number of businesses investing in passwordless authentication technologies.
- Market share of leading players in the passwordless authentication market.
- Rate of adoption of passwordless authentication in different sectors like banking, healthcare, e-commerce etc.
- Frequency and type of cybersecurity threats and attacks.
- Rate of technological innovation and product development in the market.
- Investments and funding in the cybersecurity sector.
3 Growth Trends
- Increasing awareness of security risks associated with password-based systems.
- Adoption of biometric-based authentication.
- Incorporation of AI and machine learning in authentication processes.
- Growth of IoT and associated need for robust security.
- Increasing need for remote access security due to rise in remote work and online transactions.
- Government initiatives to improve digital security.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Passwordless Authentication Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Passwordless Authentication Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights