인증 서비스 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the authentication services market size is expected to grow from USD 2.29 billion in 2025 to USD 2.88 billion in 2026 and is forecast to reach USD 7.02 billion by 2031 at 19.51% CAGR over 2026-2031.

This report is Segmented by Authentication Type (Passwordless Authentication, and More), Service Type (Compliance Management, and More), Deployment Mode (On-Premises, Public Cloud, Private Cloud, Hybrid), End-User Industry (Healthcare, Manufacturing, and More), Organization Size (Small and Medium Enterprises, and Large Enterprises), and Geography. Market Forecasts are Provided in Terms of Value (USD).

Global Authentication Services Market Trends and Insights

Increasing Cybersecurity Spending for Zero-Trust Initiatives

Federal directives now require phishing-resistant multi-factor authentication for all United States civilian agencies by fiscal 2027, sparking immediate procurement of FIDO2-certified tokens and risk engines. European banks face oversight under the Digital Operational Resilience Act, which classifies identity systems as critical, driving 2025 budgets toward adaptive controls. Enterprises report sharper visibility into credential misuse as zero-trust rollouts cut mean-time-to-detect compromised accounts by one-third, yet hybrid architectures remain complex because legacy directories lack real-time policy hooks. Vendors respond with cloud gateways that translate Security Assertion Markup Language into modern RESTful calls, thereby lowering the migration risk. The driver adds 4.5 percentage points to forecast growth and peaks through 2028 as multiple regulatory deadlines converge.

Emergence of Passkeys and FIDO2 Standards Reducing UX Friction

Apple, Google, and Microsoft activated passkey support on 2.1 billion devices in 2025, embedding cryptographic authenticators inside operating-system credential managers and erasing password fatigue for everyday logins. The WebAuthn Level 3 specification enables cloud-encrypted credential backup, solving the device-loss hurdle that once slowed adoption. E-commerce sites report a 41% decline in cart abandonment after switching from SMS codes to passkeys. Financial regulators in Japan and South Korea now classify passkeys as baseline controls for consumer apps, nudging banks to sunset legacy credentials. The standard's usability boost translates into a 3.6-point lift in CAGR as enterprises retool help desks and migrate credential stores.

High Cost Involved with Matured Authentication Methods

FIDO2 hardware tokens run USD 25-55 per user, a hurdle for price-sensitive small businesses. Biometric sensors embedded in laptops or smartphones can lower costs over time, but early upgrades still require capital expenditure that competes with payroll and marketing expenses. Emerging-market buyers face import tariffs on security modules, which raise the total cost of ownership by double digits. Vendors respond with per-user subscription models starting at USD 3 monthly, yet budget holders often delay refresh cycles until insurance underwriters or regulators force the issue. The cost headwind reduces the anticipated CAGR by 1.9 points until economies of scale drive unit prices below mass-market thresholds.

Other drivers and restraints analyzed in the detailed report include:

1. Growth in the Number of Digital Identities
2. Integration of Authentication APIs into Embedded IoT Modules Enabling Device-Level Revenue Streams
3. User Fatigue and Login Abandonment Due to MFA Complexity

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Multi-Factor Authentication retained 57.24% of the authentication services market share in 2025, underscoring its role as the regulatory minimum for high-value workflows. Passwordless approaches, however, are projected to outpace every other category at a 20.29% CAGR to 2031, signaling management's drive to cut reset tickets and phishing exposure. The authentication services market is expected to benefit from 340 million passkeys registered in 2025, following Google Workspace's introduction of passwordless accounts for 180 million users.

Passwordless growth is not uniform. Healthcare pilots in the United States shaved 18 seconds off each clinician's login time, freeing almost 2.3 hours weekly for patient care. European banks exploit exemptions in the revised Payment Services Directive that allow biometric-only flows below EUR 500, provided devices bind credentials and behavioral analytics confirm identity. Retailers that deploy passkeys have seen a 29% increase in repeat purchases, as smoother checkout experiences foster loyalty. Manufacturing and energy firms still rely on hardware tokens because air-gapped operational technology cannot support frequent firmware updates, thereby delaying widespread passwordless adoption in these verticals.

Managed Public Key Infrastructure generated 39.16% of 2025 revenue, indicating enterprises' desire to outsource certificate lifecycle tasks subject to WebTrust and ETSI audits. Yet Risk-Based Authentication Orchestration is forecast to deliver a 20.63% CAGR, riding insurer and bank appetite for context-aware trust decisions. Adaptive engines now score device health, geolocation anomalies, and micro-behavioral inputs such as keystroke cadence, stepping up verification only when risk indicators spike.

Subscription key management reduces manual rotation time for secrets stored in microservices, a task that consumed 14 engineering hours per month in 2025. Reporting and analytics modules integrate evidence into SOC 2 and ISO 27001 packages, reducing audit preparation by 40%. Financial regulators in Singapore and Hong Kong direct institutions to monitor anomalies in real time, pushing the authentication services market toward SaaS dashboards that expose risk metrics by user, device, and geography. U.S. energy utilities incorporate adaptive controls into their supervisory control and data acquisition (SCADA) layers to meet CISA's cross-sector performance goals.

Complete Report Scope:

• By Authentication Type
  • Single Factor Authentication
  • Multi Factor Authentication
  • Passwordless Authentication
• By Service Type
  • Compliance Management
  • Managed Public Key Infrastructure
  • Subscription Keys Management
  • Reporting and Analytics
  • Risk-Based Authentication Orchestration
• By Deployment Mode
  • On-Premises
  • Public Cloud
  • Private Cloud
  • Hybrid
• By End-User Industry
  • IT and Telecommunications
  • BFSI
  • Government and Defense
  • Healthcare
  • Retail and E-Commerce
  • Energy and Utilities
  • Manufacturing
  • Education
  • Other End-User Industries
• By Organization Size
  • Small and Medium Enterprises
  • Large Enterprises
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Middle East and Africa
    • Middle East
      • Saudi Arabia
      • United Arab Emirates
      • Rest of Middle East
    • Africa
      • South Africa
      • Egypt
      • Rest of Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Geography Analysis

North America accounted for 36.71% of 2025 revenue, as an executive order mandated zero-trust adoption across federal agencies, unlocking USD 420 million for phishing-resistant authenticators. Canada's Treasury Board Secretariat synchronized federal guidance with the Pan-Canadian Trust Framework, creating a common credential backbone across provinces. Mexico's National Digital Strategy emphasized identity for financial inclusion, yet slow backend modernization capped quick wins.

The Asia-Pacific region is forecast to deliver a 20.57% CAGR through 2031, driven by India's Unified Payments Interface, which logged 102 billion authentication calls in 2025, and China's directive that IoT gateways in critical infrastructure be shipped with hardware security modules. Japan and South Korea now require passkey support in mobile banking, and Singapore aligns risk guidelines with real-time scoring. ASEAN's interoperability pilot, involving Singapore, Thailand, and Malaysia, aims for a region-wide credential federation but must still refine attribute schemas.

Europe advances on eIDAS 2.0, aiming to equip digital wallets for 80% of citizens by 2030. Germany's BSI requires providers to host data within the European Economic Area and undergo annual audits. The United Kingdom's exit from the mutual recognition framework forces companies to maintain separate customer flows, which increases costs. Adoption in the Middle East and Africa is mixed: Gulf states are rolling out national IDs linked to banking, while sub-Saharan countries struggle with patchy connectivity. Latin America experiences a moderate uptake as Brazil enforces strong customer authentication for Pix payments, although currency volatility elsewhere moderates spending.

1. Okta Inc.
2. Microsoft Corporation
3. IBM Corporation
4. Thales Group
5. Cisco Systems Inc.
6. Entrust Datacard Corporation
7. Broadcom Inc.
8. Ping Identity Holding Corp.
9. Google LLC
10. OneLogin Inc.
11. CyberArk Software Ltd.
12. Yubico AB
13. ForgeRock Inc.
14. HID Global Corporation
15. SailPoint Technologies Holdings Inc.
16. Trustwave Holdings Inc.
17. Wipro Limited
18. Tata Communications Limited
19. Verizon Communications Inc.
20. Amazon Web Services Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Growth in the Number of Digital Identities
  • 4.2.2 Authentication Needed for Security Compliances and Regulations
  • 4.2.3 Growing Adoption of Bring Your Own Device (BYOD)
  • 4.2.4 Increasing Cybersecurity Spending by Enterprises for Zero-Trust Initiatives
  • 4.2.5 Emergence of Passkeys and FIDO2 Standards Reducing UX Friction
  • 4.2.6 Integration of Authentication APIs into Embedded IoT Modules Enabling Device-Level Revenue Streams
• 4.3 Market Restraints
  • 4.3.1 High Cost Involved with Matured Authentication Methods
  • 4.3.2 User Fatigue and Login Abandonment due to MFA Complexity
  • 4.3.3 Chip Supply Constraints for Hardware Security Modules Post-2025 Tariffs
  • 4.3.4 Fragmentation of National Digital Identity Schemes Hindering Cross-Border Authentication
• 4.4 Impact of Macroeconomic Factors on the Market
• 4.5 Industry Value Chain Analysis
• 4.6 Regulatory Landscape
• 4.7 Technological Outlook
• 4.8 Porter's Five Forces Analysis
  • 4.8.1 Bargaining Power of Suppliers
  • 4.8.2 Bargaining Power of Buyers
  • 4.8.3 Threat of New Entrants
  • 4.8.4 Threat of Substitute Products
  • 4.8.5 Intensity of Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Authentication Type
  • 5.1.1 Single Factor Authentication
  • 5.1.2 Multi Factor Authentication
  • 5.1.3 Passwordless Authentication
• 5.2 By Service Type
  • 5.2.1 Compliance Management
  • 5.2.2 Managed Public Key Infrastructure
  • 5.2.3 Subscription Keys Management
  • 5.2.4 Reporting and Analytics
  • 5.2.5 Risk-Based Authentication Orchestration
• 5.3 By Deployment Mode
  • 5.3.1 On-Premises
  • 5.3.2 Public Cloud
  • 5.3.3 Private Cloud
  • 5.3.4 Hybrid
• 5.4 By End-User Industry
  • 5.4.1 IT and Telecommunications
  • 5.4.2 BFSI
  • 5.4.3 Government and Defense
  • 5.4.4 Healthcare
  • 5.4.5 Retail and E-Commerce
  • 5.4.6 Energy and Utilities
  • 5.4.7 Manufacturing
  • 5.4.8 Education
  • 5.4.9 Other End-User Industries
• 5.5 By Organization Size
  • 5.5.1 Small and Medium Enterprises
  • 5.5.2 Large Enterprises
• 5.6 By Geography
  • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
  • 5.6.2 Europe
    • 5.6.2.1 Germany
    • 5.6.2.2 United Kingdom
    • 5.6.2.3 France
    • 5.6.2.4 Russia
    • 5.6.2.5 Rest of Europe
  • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 Japan
    • 5.6.3.3 India
    • 5.6.3.4 South Korea
    • 5.6.3.5 Australia
    • 5.6.3.6 Rest of Asia-Pacific
  • 5.6.4 Middle East and Africa
    • 5.6.4.1 Middle East
      • 5.6.4.1.1 Saudi Arabia
      • 5.6.4.1.2 United Arab Emirates
      • 5.6.4.1.3 Rest of Middle East
    • 5.6.4.2 Africa
      • 5.6.4.2.1 South Africa
      • 5.6.4.2.2 Egypt
      • 5.6.4.2.3 Rest of Africa
  • 5.6.5 South America
    • 5.6.5.1 Brazil
    • 5.6.5.2 Argentina
    • 5.6.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 Okta Inc.
  • 6.4.2 Microsoft Corporation
  • 6.4.3 IBM Corporation
  • 6.4.4 Thales Group
  • 6.4.5 Cisco Systems Inc.
  • 6.4.6 Entrust Datacard Corporation
  • 6.4.7 Broadcom Inc.
  • 6.4.8 Ping Identity Holding Corp.
  • 6.4.9 Google LLC
  • 6.4.10 OneLogin Inc.
  • 6.4.11 CyberArk Software Ltd.
  • 6.4.12 Yubico AB
  • 6.4.13 ForgeRock Inc.
  • 6.4.14 HID Global Corporation
  • 6.4.15 SailPoint Technologies Holdings Inc.
  • 6.4.16 Trustwave Holdings Inc.
  • 6.4.17 Wipro Limited
  • 6.4.18 Tata Communications Limited
  • 6.4.19 Verizon Communications Inc.
  • 6.4.20 Amazon Web Services Inc.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment