Genetec has gained market share over the last six years, solidifying its position as a worldwide market leader, building upon its number 2 global position for access control software, according to the 2024 Access Control report by Omdia.

In the Americas market, access control software has evolved beyond the physical security department to become an essential component of business operations.

Unified security platforms

According to the Omdia report, this broader adoption has increased demand for unified security platforms that allow organisations to manage systems – such as access control, video surveillance and intrusion detection – through a single interface.

By anticipating market needs for access control innovation, Genetec continues to expand its market share, growing at a 28% CAGR over the past six years.

“While many legacy access control vendors rely on acquisitions to expand their market share, Genetec has achieved rapid organic growth through innovation and investment in new technologies,” said Christian Morin, Vice President of Product Engineering, Genetec.

“Over the last year, we introduced Security Center SaaS, HID Mercury Security MP controllers, Axis Powered by Genetec and an I/O module in partnership with STid as part of our European high assurance access control system offering.

“This demonstrates our commitment to expanding our access control portfolio through innovation and partnerships, paving the way for future growth.”

Offering flexibility

In a highly fragmented EMEA market, Genetec remains among the top 10 access control software providers by focusing on open architecture systems that allow users to integrate components from different vendors.

Omdia also reports that end users in the region prefer open systems that offer flexibility and customisation.

This further supports the company’s strategy to provide adaptable solutions tailored to the region, as evidenced by its partnership with STid.

More Security News