Company?s development of unified access control solutions that ?look beyond the door? pays off: research reveals that Genetec access control revenue grew at almost 5 times the pace of the market
According to Omdia (Informa)?s latest access control report, Genetec is the fastest-growing access control software provider in the world.
The report showed Genetec rising to 4th position globally (up from 6th and 8th positions in 2018 and 2017 respectively) with a growth rate of nearly 5 times the pace of the market.
?Genetec was the fastest-growing software provider in the Americas in 2019, increasing by over 1 percentage point to reach over a 9% share and maintaining its 3rd place ranking in this region.
The company?s rise over the past several years has been emblematic of a broader trend favoring vendors that actively sell first-party access control and video surveillance solutions. The Genetec Synergis access control software readily supports integrations with VMS software and video analytics,? said Bryan Montany, Physical Security Analyst at Omdia.
Enterprise, government, education, and public safety organizations are moving away from proprietary solutions in favor of secure access control solutions that are part of a unified physical security platform.
This allows them to make clear, timely decisions based on a richer understanding of their security and operational environment. Delivering on this requirement has resulted in Genetec not only outpacing market growth for access control but also continuing to be recognized as the global leader in video surveillance software according to another recent Omdia research report.
?While much of the industry has been concerned with traditional access control needs, Genetec has taken a radically different approach that looks beyond the door,? said L Source: genetec.com