Genetec expands its participation in the global access control market

The latest report from the consulting firm Omdia situate a Genetec in the second position worldwide in the global access control market, after six consecutive years of organic growth in this segment.

He access control software has evolved beyond the area of ​​electronic security to become an essential component of business operations. According to the report of Omdia Access control 2024, This has increased the demand for unified security platforms that allow organizations to manage video surveillance systems, access and detection from a single interface.

The Omdia report points in this sense to the market share increase from electronic security provider Genetec, which has been constant in the last six years and which has placed it in second place in the world ranking of access control software, with a compound annual growth rate of 28%.

“While many traditional access control vendors rely on acquisitions to expand their market share, “Genetec has achieved rapid organic growth through innovation and investment in new technologies”, explains Christian Morin, vp. of product engineering of this company.

As part of its European offer, Genetec introduced to the market during the past year Security Center SaaS, the drivers HID Mercury Security MP, Axis Powered by Genetec and an I/O module in association with Shame (more details in Digital Security), “demonstrating our commitment to expanding our access control portfolio through innovation and partnerships.”, paving the way for future growth”, Morin says..

In a EMEA market very fragmented, Genetec remains among the top ten access control software providers by focusing on open architecture systems that allow users to integrate third-party components.

Omdia also reveals in its report that end users in the region prefer open systems that offer flexibility and customization, which supports Genetec's strategy of offering solutions “adaptable and adapted to each region”, as demonstrated by its association with STid.

In the Asia-Pacific region (excluding China), Genetec continues to expand its market share, reaching sixth position (from the tenth in 2021). As enterprise users and multinationals modernize their access control infrastructures, They also look for systems with a wide variety of functions and with strong integration capabilities.

An open architecture solution, like Genetec's access control solution, makes it easier for organizations to insure people and assets, improve business operations and easily upgrade technology at your own pace.

The Omdia report also indicates that the access control market is increasingly adopting hybrid cloud deployments. In this environment, Security Center SaaS solution brings the power of Genetec access control and video management to the cloud, with hybrid or full implementations, so companies can move components and more based on their needs.

In addition to its success in the access control segment, Genetec has retained the world's first position in the vms market, as well as in the combined video management software (VMS) y video surveillance as a service (VSaaS), as stated in the recently published Omdia report Video Surveillance & analytics database 2024.