Keeper Security has been named the best password manager in CHIP Magazine’s 2026 Password Manager Test, earning the publication’s “Test Winner” award for the fourth consecutive
The Gartner Market Share Analysis: Security Software, Worldwide, 2025 report mentions Keeper Security as the second fastest-growing security company worldwide, trailing only Google. Keeper grew revenue 53.42% to reach $143 million. We believe this is a number that reflects more than strong sales; it reflects the direction enterprise security is heading. The full report is available on the Gartner site for subscribers.
Gartner is the world’s leading technology research and advisory firm, and this report tracks revenue growth across the global security software market annually.
What drove the growth
Organizations are moving away from point solutions and separate tools for password management, secrets management, privileged access and remote connections in favor of integrated platforms that handle all of these capabilities within a single architecture.
Security buyers are also paying closer attention to how AI is actually embedded into products. The vendors gaining ground in 2025 were those that used AI to make security teams faster and more effective, not the ones that applied an “AI-powered” label to existing features without changing the underlying capability.
What this means for organizations evaluating PAM
The PAM market is consolidating. Buyers increasingly want a single vendor that can manage credentials, secrets, privileged sessions and infrastructure access with audit trails, zero-knowledge architecture and enterprise-grade controls built in from the start.
KeeperPAM delivers all of these capabilities through a unified platform. There’s no need to stitch together separate tools, manage fragmented audit logs or deal with gaps where credentials fall through the cracks.
Keeper Forcefield protects Windows endpoints from memory-based attacks. These attacks target application memory directly, where data is temporarily unencrypted during use. Forcefield blocks malicious processes attempting to extract passwords and session tokens at the process level before they can reach that data.
KeeperAI brings real-time AI threat detection and response to privileged sessions by analyzing live session activity, classifying behavior by risk level and terminating sessions when critical threats are detected. Security teams receive detailed forensic summaries without manually reviewing hundreds of session recordings.
Why zero-knowledge architecture matters more now
Traditional password management and PAM tools store encryption keys on their own servers, meaning the vendor can theoretically access your data. Keeper’s zero-knowledge model ensures that encryption keys never leave your control and that no one has access to your unencrypted data except you – not even Keeper itself.
As cyber attacks grow more sophisticated and supply chain risks become a mainstream concern, organizations are scrutinizing the security posture of every vendor in their security stack. A zero-knowledge platform eliminates an entire category of risk.
The market context
Gartner placed Keeper second among the fastest-growing security companies globally, ahead of Fortra and behind only Google. We believe Google’s growth is driven by its scale and breadth across the entire security stack. Keeper’s growth is concentrated in PAM, secrets management and enterprise credential security. In our view, in that specific market, Keeper’s 53.42% revenue growth reflects strong product-market fit.
Want to see how KeeperPAM can protect your organization? Request a custom demo.
Source: Gartner, Market Share Analysis: Security Software, Worldwide, 2025, Rahul Yadav and Deepali, 11 May 2026, G00846661.
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