Genetec solidifies # 1 position in expanding global VMS market, and increases worldwide market share, according to latest Omdia report
  • KBI.Media
  • $
  • Posts
  • $
  • Press Release
  • $
  • Genetec solidifies # 1 position in expanding global VMS market, and increases worldwide market share, according to latest Omdia report

Company maintains top spot in Americas for the 11th consecutive year and continues rapid growth in Asia

Sydney, AUSTRALIA, July 22, 2022— According to the latest report from research organisation OmdiaGenetec Inc. (“Genetec”), a leading technology provider of unified security, public safety, operations, and business intelligence solutions, continues to be recognised as the leader in global video surveillance software. The scope of this year’s report was expanded to include VSaaS (Video Surveillance as a Service) for the first time, and Genetec credits its continued market leadership to the development of innovative and flexible cloud solutions, and the strength of its unified security platform, Security Center.

“Genetec takes the trust and confidence the global market has shown in our products very seriously,” said Guy Chenard, Chief Commercial Officer, Genetec. “Our open and unified security platform underpins some of the world’s most sophisticated and demanding video management systems. Our end users, integrators, and our ecosystem of technology partners demand purposeful and reliable innovation from a trusted software developer.”

In the Americas, Genetec retained its leading position for the 11th consecutive year and recorded the greatest market share gain over the last three years. In EMEA, Genetec maintained its market position and in the Asia Pacific region (excluding China) the company posted significant year-on-year growth, and advanced to the #2 position in this diverse market.

In the Windows-based recorders category, Genetec sales growth continued to outpace the market, and the company maintained its top-two global ranking. This reflects the company’s leadership in ready-to-deploy security infrastructure, fueled by an increasing need for hardened appliances that address the growing demand for solutions that offer privacy and cybersecurity by default.

“Genetec was once again ranked as the largest software developer in the video surveillance software market, as well as achieving top-two ranking in worldwide Windows-based recorders sales,” said Oliver Philippou, Research Manager, Physical Security Technologies, Omdia. “As the video surveillance software market rebounded strongly in 2021 after the impact of COVID, Genetec continued to maintain its leading global position.”

–ends–

About Genetec

Genetec Inc. is a global technology company that has been transforming the physical security industry for over 25 years. Today, the company develops solutions designed to improve security, intelligence, and operations for enterprises, governments, and the communities in which we live. Its flagship product, Security Center, is an open-architecture platform that unifies IP-based video surveillance, access control, automatic license plate recognition (ALPR), communications, and analytics. Founded in 1997, and headquartered in Montreal, Canada, Genetec serves its customers via an extensive network of certified channel partners and consultants in over 159 countries.

For more information about Genetec, visit: www.genetec.com

© Genetec Inc., 2022. Genetec, and the Genetec logo are trademarks of Genetec Inc. and may be registered or pending registration in several jurisdictions. Other trademarks used in this document may be trademarks of the manufacturers or vendors of the respective product.

Press Contact:
Carlotta Vittori
Einsteinz Communications
Ph: +61 02 8905 0995
carlotta@einsteinz.com.au 

New Media Releases

Verizon Threat Research Advisory Center (VTRAC) celebrates 20th anniversary

Cybersecurity Awareness Month kicks off next week, and with the continued rise in cyberthreats worldwide, for businesses to help protect their assets, they need a fail-proof security architecture, and the expert insights and partner to help stay ahead of bad actors. For the past two decades the Verizon Threat Research Center (VTRAC), a specialised division within the company’s cyber security consulting organisation, celebrating 20 years, has been at the forefront in the battle against cyberthreat actors.

Recent Podcast Episodes

The Production Team

The KBI Production Team write and hunt down the information security professionals need to know. They present news updates and thought-piece articles designed to provide educational content and insights for the industry. You can reach out with any ideas or requests for subject coverage to production@kbi.media with your message.

Share This