The adoption of passkeys as a secure authentication method has seen significant growth in 2024, with more than 15 billion online accounts now able to use this technology. The figure represents more than double the number from the previous year, building on the momentum that began when Apple, Google, and Microsoft jointly committed to enabling cross-platform FIDO authentication in 2022.
Google reports that 800 million Google accounts currently use passkeys, resulting in over 2.5 billion passkey sign-ins during the past two years. The widespread adoption follows Google’s decision to make passkeys the default login option for personal accounts. Consumer awareness of passkeys has increased by 50 percent since 2022, reaching 57 percent in 2024.
Major organizations implementing passkeys have reported positive outcomes. Sony Interactive Entertainment documented a 24 percent reduction in sign-in time for passkey users and achieved an 88 percent success rate in customer enrollment. Nikkei Inc. has announced plans to transition its Nikkei ID customers from passwords to passkeys by February 2025 or later, joining a growing list of enterprises embracing FIDO-based authentication standards.
Passkeys’ success stems from their enhanced security features. The technology employs unique credentials for each account, created using strong encryption algorithms, providing phishing-resistant security while delivering a streamlined user experience compared to traditional passwords. Recent developments in Android 15 have further enhanced passkey implementation with improved biometric security and a streamlined user interface.
The widespread adoption has been facilitated by collaboration between the FIDO Alliance and the World Wide Web Consortium (W3C), who have worked to ensure cross-platform compatibility of passkeys. The FIDO Alliance continues to promote adoption through initiatives like its Authenticate 2024 conference, where industry leaders gather to discuss the future of authentication.
Consumer response to passkeys has been notably positive, with 61 percent of users considering them more secure than passwords and 58 percent finding them more convenient. The Asia-Pacific region has demonstrated particularly strong adoption rates, with countries including China, India, Japan, and Singapore showing higher-than-average implementation rates.
Sources: FIDO Alliance, TechTarget, TechRepublic, Infosecurity Magazine, ComplexDiscovery
Follow Us