Market Opportunity
Replace passwords and 2FA with a tap-to-confirm identity-first login targets a $30.0B = global Identity & Access Management market (~$30B annual spend on IAM, SSO, authentication services, and identity platforms across enterprises) total addressable market with medium saturation and a year-over-year growth rate of 12-18% CAGR for IAM and passwordless adoption over next 3–5 years.
Key trends driving demand: Passkeys/WebAuthn adoption -- platform-level support from Apple, Google, Microsoft and major browsers reduces fragmentation and enables uniform passwordless UX.; Phishing & account takeover surge -- rising fraud drives demand for phishing-resistant authentication alternatives, making passwordless more attractive.; Developer-first security tooling -- demand for SDKs and quick demos that reduce integration time so product teams can ship secure login faster..
Key competitors include Auth0 (Okta), Firebase Authentication (Google), Stytch, Magic (magic.link), WebAuthn / Passkeys (platforms & standards).