The enterprise password management market is projected to reach $3.2 billion in 2026, growing at 16.8% CAGR through 2033. While passwordless authentication advances, 68% of organizations have adopted password management tools to mitigate credential theft according to CISA. The ongoing transition means enterprises need solutions that manage both traditional passwords and emerging passkeys. Cloud deployment models now command 60% market share.
The 2022 LastPass breaches continue reverberating through the market, with $12.38 million in cryptocurrency stolen from LastPass users in December 2024 and a $24.5 million settlement reached in February 2026. This has elevated security architecture scrutiny across all vendors.
How We Evaluated
We assessed security architecture including zero-knowledge design, encryption implementation, and breach monitoring capabilities. SSO integration with major identity providers like Okta, Azure AD, and Google Workspace was critical. Admin controls covering SCIM provisioning, granular policies, and role-based access mattered. Compliance certifications including SOC 2, ISO 27001, FedRAMP, and HIPAA were evaluated. Enterprise scalability for large deployments with thousands of users counted heavily. Passkey support for the passwordless transition rounded out the criteria.
1. 1Password Business/Enterprise
Score: 95/100
1Password is the enterprise password manager leader with the strongest reputation for security and user experience. The dual-layer encryption combining account passwords with unique Secret Keys provides defense-in-depth that withstood indirect exposure from the October 2023 Okta breach. Named to multiple enterprise best-of lists consistently.
Dual-layer encryption with Secret Key provides additional protection layer beyond master password. Native SSO integrations with Okta, Azure AD, Duo, JumpCloud, Google Workspace, and OneLogin. SSO Unlock allows IdP credentials instead of master password for enterprise convenience. SCIM Bridge for automated user lifecycle management. SOC 2 Type 2 certified with strong security track record. Business at $7.99/user/month with Enterprise tier for custom requirements.
Best for: Enterprises prioritizing security reputation and user experience with strong SSO integration requirements
2. Bitwarden Enterprise
Score: 93/100
Bitwarden provides the leading open-source enterprise password manager with full transparency into security implementation. Ranked #1 in Info-Tech Research Group’s 2024 Business Password Manager Comparison with 9.1 composite score. ISO 27001:2022 certification achieved March 2025 adds to comprehensive compliance portfolio.
Open-source codebase provides complete security transparency. Ranked #1 by Info-Tech Research Group 2024 with 9.1 composite score. ISO 27001:2022, SOC 2 Type 2, HIPAA, GDPR, and CCPA compliant. Self-hosted deployment option for maximum control. SAML 2.0 and OpenID Connect SSO support. Audit trails with 50+ event types retained indefinitely. Most competitive pricing at $4/user/month Teams, $6/user/month Enterprise.
Best for: Security-conscious organizations wanting open-source transparency, self-hosting options, and competitive pricing
3. Keeper Security Enterprise
Score: 91/100
Keeper provides enterprise-grade password management with the strongest compliance certifications including FedRAMP authorization, the only password manager in the FedRAMP marketplace. Multi-layer encryption at vault, folder, and record levels provides granular security. BreachWatch dark web monitoring alerts on exposed credentials.
Only password manager with FedRAMP authorization in FedRAMP marketplace. FIPS 140-2 certified via NIST CMVP with longest-standing SOC 2 and ISO 27001. Multi-layer encryption at vault, folder, and record levels. Keeper SSO Connect with SAML 2.0 for multiple identity providers. SCIM provisioning with just-in-time access. BreachWatch dark web monitoring included. Risk Management Dashboard for security visibility. Volume discounts available for large deployments.
Best for: Government contractors and regulated industries requiring FedRAMP authorization and comprehensive compliance certifications
4. Dashlane Business/Omnix
Score: 88/100
Dashlane combines password management with integrated VPN and dark web monitoring. The Omnix plan launched with Credential Risk Detection, phishing alerts, and automated security reminders via Slack and browser nudges. SOC 2 Type 2 and ISO 27001 certified with patented security architecture.
Omnix tier adds Credential Risk Detection and phishing alerts. Integrated VPN included for each user at no additional cost. SCIM directory sync for automated provisioning. Slack and browser nudges for password update reminders. SOC 2 Type 2 and ISO 27001 certified. Patented zero-knowledge security architecture. Business at $8/user/month, Omnix at $11/user/month.
Best for: Organizations wanting integrated VPN and proactive credential risk detection with user-friendly security nudges
5. NordPass Business/Enterprise
Score: 84/100
NordPass provides modern password management from the NordVPN security company. XChaCha20 encryption with Argon2 key derivation represents more modern cryptography than traditional AES implementations. Clean security track record with no reported breaches through 2025.
XChaCha20 encryption with Argon2 key derivation for modern cryptography. Clean security track record with no major incidents. Rapid 15-minute deployment claims. Entra ID and Okta integration for enterprise identity. SOC 2 Type 2 and ISO 27001 certified. Detailed audit trails for compliance. SSO available in Enterprise tier only. Competitive pricing at $4-5/user/month Business, $5.39/user/month Enterprise.
Best for: Organizations prioritizing modern cryptography and rapid deployment with a clean security track record
6. Zoho Vault Enterprise
Score: 81/100
Zoho Vault provides enterprise password management at the most competitive pricing with a forever-free tier. Strong integration with the broader Zoho ecosystem for organizations already using Zoho products. AD/LDAP, Azure AD, and SAML 2.0 authentication in Enterprise tier.
Most competitive pricing with forever-free tier for small teams. Standard at $1/user/month, Enterprise at $8/user/month. AD/LDAP, Azure AD, and SAML 2.0 authentication (Enterprise). Time-limited password access for temporary sharing. Help desk integration for IT support workflows. SOC 2 Type 2, ISO 27001, and GDPR compliant. Part of broader Zoho ecosystem for existing customers.
Best for: Cost-conscious organizations and Zoho ecosystem customers wanting enterprise password management at minimal cost
7. ManageEngine Password Manager Pro
Score: 79/100
ManageEngine Password Manager Pro provides three-in-one privileged account, remote access, and session management. Strong fit for IT teams managing infrastructure passwords, SSH keys, and SSL certificates. Administrator-based licensing differs from per-user models.
Three-in-one PAM, remote access, and session management. Auto-discovery of privileged accounts across infrastructure. SSH key and SSL certificate lifecycle management. Real-time session monitoring with immediate termination capability. 80+ resource type templates for diverse environments. PCI-DSS, SOX, and HIPAA compliant. Administrator-based licensing: Standard $595/year, Premium $1,395/year, Enterprise $3,995/year.
Best for: IT infrastructure teams needing privileged password management with session recording and remote access capabilities
8. CyberArk Workforce Password Management
Score: 77/100
CyberArk extends its PAM leadership to workforce password management as part of the comprehensive Identity Security Platform. Adaptive MFA with AI-powered behavioral analytics provides contextual authentication. Premium positioning for organizations with existing CyberArk investments.
Part of comprehensive CyberArk Identity Security Platform. Adaptive MFA with AI-powered behavioral analytics. Identity Lifecycle Management and Identity Flows automation. Enterprise vault for business application credentials. FedRAMP High Authorization and FIDO2 certified. Extensive compliance: SOC 2, SOC 3, ISO 9001, Common Criteria, FIPS 140-2. Premium enterprise pricing averaging ~$30,000 for typical deployments.
Best for: Enterprises with existing CyberArk PAM investments wanting unified identity security across privileged and workforce accounts
9. Delinea Secret Server
Score: 75/100
Delinea provides PAM-focused password vaulting with comprehensive session management and automated password rotation. Available on-premises or cloud via the Delinea Platform. Note: Critical authentication bypass vulnerability (CVE) discovered April 2024 was quickly patched with no confirmed exploitation.
Comprehensive PAM vault with automated password rotation. Built-in session recording and monitoring. Available on-premises or cloud via Delinea Platform. Automated discovery of privileged accounts. Role-based access with comprehensive audit trails. SOC 2 Type 2 and ISO 27001 certified. April 2024 authentication bypass vulnerability patched same day for cloud.
Best for: Organizations needing PAM-focused password vaulting with session management and flexible deployment options
10. LastPass Business
Score: 65/100
LastPass provides feature-rich enterprise password management but faces significant trust challenges following the 2022 breaches. The December 2024 cryptocurrency thefts ($12.38M) traced to the breach, UK ICO fine of £1.2M in November 2025 for GDPR violations, and $24.5M settlement in February 2026 have damaged the platform’s security reputation despite comprehensive features.
100+ customizable security policies for enterprise control. Unified command center for password health and compliance. SSO with MFA for up to 3 apps in base plan. Site License option with flat-fee pricing for scalability. Each employee receives personal account plus 5 family licenses. 24/7 live support with dedicated Customer Success Manager (Site License). SIGNIFICANT CONCERN: 2022 breaches resulted in $12.38M cryptocurrency theft December 2024, £1.2M ICO fine November 2025, and $24.5M settlement February 2026.
Best for: Organizations accepting the security history risk in exchange for comprehensive features and flat-fee Site License pricing
Market Outlook
The enterprise password manager market is converging with identity security platforms. The CyberArk-Palo Alto $25B acquisition signals that credential management is becoming part of broader security platforms. Passwordless adoption via passkeys continues growing but password managers remain essential during the multi-year transition, with all leading vendors adding passkey storage and sync capabilities.
Organizations should prioritize vendors with clean security track records, strong zero-knowledge architecture, and comprehensive compliance certifications. The LastPass situation demonstrates that breach impact extends years beyond initial incidents.