This page was last updated on March 18, 2026.
Password manager software stores and controls user passwords through an encrypted vault, accessible via desktop, mobile, or browser extensions, allowing users to create strong, unique passwords for every account without needing to memorize them, while enabling businesses to securely share, monitor, and manage credentials at scale. The best password managers help protect personal data by securing and strengthening passwords across every website and application.
Core Capabilities of Password Manager Software
To qualify for inclusion in the Password Manager category, a product must:
- Store and save passwords for websites and applications
- Automate the filling of password forms or logins
- Provide tools for securely sharing credentials
- Integrate with browsers or function atop applications
- Allow users to create, change, or randomize passwords
Common Use Cases for Password Manager Software
Password managers are used by individuals and organizations to strengthen credential security and reduce the risk of breaches. Common use cases include:
- Securing and centralizing employee credentials across business applications
- Enforcing strong password policies and randomized password changes
- Sharing credentials securely across teams without exposing plain-text passwords
How Password Manager Software Differs from Other Tools
Password managers are a focused subset of identity management software, providing essential credential storage and autofill capabilities. However, they typically offer less advanced functionality than identity and access management (IAM) software, single sign-on (SSO) solutions, and user provisioning and governance tools, which provide broader access control and lifecycle management.
Insights from G2 Reviews on Password Manager Software
According to G2 review data, users highlight browser integration and secure credential sharing as the most valued features. Businesses frequently cite improved security posture and reduced password-related support tickets as primary outcomes of adoption.