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Tuesday, 20 July 2021 13:25

Omdia names Genetec as the second fastest-growing software provider in the world

By Staff Writer

Software provider Genetec ranked second as the fastest-growing access control software provider globally, two notches up from fourth place in 2019, according to a report by research organisation Omdia.

Genetec has once again been recognised as the fastest-growing access control software provider in the world, according to a report by Omdia.

The report shows Genetec outranked traditional access control vendors, and claimed the number two position globally (climbing from 4th in 2019).

“While the global access control software market was hard hit by the pandemic and declined in 2020, Genetec grew by more than 30% globally, gaining ground in both the Americas region and becoming a top 10 vendor in Europe, Middle East, and Africa,” notes Omdia physical security analyst Bryan Montany.

Genetec owes its growth to its unified security platform, Security Centre, which features access control solutions that easily tie in with video surveillance, automatic licence plate recognition (ALPR), and analytics.

Traditionally a proprietary market, the access control industry has now shifted to a more open one with customers looking to migrate to a cyber-secure open-architecture access control solution that allows them to choose hardware that is best suited to their needs.

Security Centre Synergis connects to a growing selection of third-party access control devices. This allows organisations to choose the hardware that addresses their security needs and objectives, while avoiding the long-term setbacks of closed solutions. Synergis delivers operational and security insights, leading to more informed decisions, and improved operations.

By leveraging Synergis, organisations can upgrade to the latest supported technology at any time, move at their own pace, and work within their available budget. It is designed to evolve with a customer’s changing needs, simplifying their migration process while providing a return on their investment.

“While many traditional access control vendors have gone through mergers and acquisitions to maintain market share, Genetec has grown organically, taking a radically different approach with innovative, non-proprietary solutions that meet the needs of this rapidly transforming market,” says Genetec chief commercial officer Guy Chenard.

According to another recently published Omdia report Video Surveillance & Analytics Market Share Database – 2021, Genetec ranked #1 in video surveillance software globally, outpacing market growth in both VMS and Windows-based recorders categories. These figures, coupled with the company’s global growth in access control software, underscore its market leadership and the benefits of a unified platform.

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