How Many People Use LastPass in 2022? (Statistics)

Last Updated: September 25, 2022
How many people use LastPass? Find out in this article.
How Many People Use LastPass
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Quick Answer 🔍

How many people use LastPass in 2022?

LastPass has over 33 million users.

Seeing the headlines recently may have made you wonder how many people use LastPass.

But before you delete your LastPass app on your mobile phone or extension browser, check this article out.

Password managers are lifesavers. There is no question about their usefulness and reliability.

With tens and hundreds of login credentials to remember every time we visit a site, a good platform that can fill in all the details for us in a click is always handy. 

This is exactly the reason why many have been drawn to LastPass, and that includes me!

The recent security incident got us all worried, but is it time to put the curtain down on this crowd’s favorite app? Let’s find out.

How Many People Use LastPass in 2022?

LastPass

Over 33 million people–that is how many people use LastPass today.

Founded in 2008, the Boston, Massachusetts-based enterprise recorded impressive user growth in its past 14 years in the market.

Ten years after its founding in 2018, LastPass reported having 16.8 million users subscribed to its free and paid membership tiers.

This is at a time when password managers have just started gaining market attention. 

Today, lastpass.com records between 11 million to 13 million monthly visits, and ranks #66 among all Computer, Electronics, and Technology websites in the United States.

LastPass 2022 Security Incident

On August 25, CEO Karim Tuobba released a notice informing all customers about a recent security incident they detected two weeks before releasing a statement. 

The breach is said to have compromised the platform’s source code which immediately caused a stir among its customers.

For the record, many users use LastPass for their most private transactions as the platform use encryption technology.

Users’ passwords are remembered in undecipherable texts that cannot be understood to protect their data in case a hacking incident happens.

Are LastPass Users’ Data Compromised?

In the notice, Tuobba opened an FAQ section that answers its users’ most pressing questions.

LastPass claims that users’ master passwords, password vaults, and personal information are not compromised.

The business leverages a Zero Knowledge technical implementation that makes sure only the user has access to his/her decrypt password vault data.

This means it’s time to calm your jitters as there is no need for you to change your LastPass credentials or exit the app for good. 

Yes, you can let out that sigh of relief now. 

65% of  US Internet Users Are Critical About Password Managers

Despite no personal information being compromised, the recent security breach on LastPass is expected to bring some reckoning on the reliability of online password managers again. 

A recent survey from passwordmanager.com and public opinion data authority, YouGov, shows that 65% of all internet users in the United States are second-guessing the reliability and trustworthiness of password managers. 

Moreover, 50% of all survey participants are adamant about not using password managers at present and in the future. 

Password Storage Methods

LastPass

The adoption of password managers like LastPass is still in its infancy.

This comes as users are still not willing to give up trust in their good old digital note file that houses the most important information about their private lives, including passwords.

Here are the most common password storage methods among internet users and their respective share of the total.

  • Digital notepad storage – 35% of internet users use this method to store their passwords
  • Reuse the same login credentials on all accounts for easier identification – 35% of internet users use this method to store their passwords
  • Memorization – 31% of internet users use this method to store their passwords
  • Remembered on browser – 30% of internet users use this method to store their passwords
  • Written on paper – 28% of internet users use this method to store their passwords
  • Using password manager like LastPass – 16% of internet users use this method to store their passwords

LastPass Market Share in the US

Take a look at this data on the biggest password managers in the United States and their individual percentage share of the total.

As can be seen, LastPass dominates the password manager industry in the country, accounting for 21% of the overall market.

  • LastPass – occupies 21% of the entire password manager market in the United States
  • Keeper – occupies 10% of the entire password manager market in the United States
  • McAfee True Key – occupies 8% of the entire password manager market in the United States
  • Bitwarden – occupies 8% of the entire password manager market in the United States
  • Google Chrome Password Manager – occupies 8% of the entire password manager market in the United States
  • Apple Keychain Password Manager – occupies 7% of the entire password manager market in the United States
  • 1Password – occupies 7% of the entire password manager market in the United States
  • Dashlane – occupies 7% of the entire password manager market in the United States
  • Norton – occupies 3% of the entire password manager market in the United States
  • Nordpass – occupies 3% of the entire password manager market in the United States
  • Password Boss – occupies 2% of the entire password manager market in the United States

LastPass Membership Tiers

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Credits: unsplash.com

Aside from the free subscription, LastPass also offers two mainstream membership tiers namely Premium and Families.

We will provide more information about each’s benefits and features.

Free Subscription

  • Allows users to store unlimited passwords
  • Access can only be on one device. Users have to choose between installing the app on a mobile or a personal computer
  • Autofill password + password generator
  • Passwordless login when accessing one’s LastPass account

Premium Subscription – $3 per month

  • Access to all features included in the free subscription
  • No limit on the number of devices used
  • 1GB allowable encrypted file storage
  • Premium subscription users have priority tech support
  • Security dashboard + dark web monitoring

Families Subscription – $4 per month

  • Access to all features included in the free subscription
  • Access to six (6) encrypted individual password vaults
  • Personal security dashboard for all family members
  • Family manager dashboard

Conclusion

LastPass has recently encountered the biggest challenge to its operations to date.

Despite the platform claiming no personal information, master password, and user vault has been compromised, this event is expected to sour sentiment and trickle new user growth, at least in the short term.

Will this be the end of LastPass’ good 14 years in the market? Not quite.

If it manages to reseal its reliability in protecting customers’ data again, it could become bigger than it already is in no time. 

Thanks for reading our article on how many people use LastPass.

Sources

The VergeForbesLastPass
Cyber NewsEnlyftSimilarweb
LastPassSecurityStatista
LastPassLastPassLastPass
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Written by Jason Wise

Hi! I’m Jason. I tend to gravitate towards business and technology topics, with a deep interest in social media, privacy and crypto. I enjoy testing and reviewing products, so you’ll see a lot of that from me here on EarthWeb.