Genetec Ranked #1 VMS Vendor in Americas by New IMS Research Study

  • Jul 20, 2012

According to an industry report recently published by IMS Research, recently acquired by IHS (NYSE: IHS), the leading provider of market research and consultancy to the global electronics industry, Genetec was the leading vendor of Video Management Software (VMS) in the Americas in 2011. Additionally, IMS' World Market for CCTV and Video Surveillance – 2012 Edition report, shows that Genetec rose into the top-three vendors in the EMEA territory, and maintained its position as the world’s second largest VMS vendor.

"Genetec’s rise to become the leading vendor of VMS in the Americas market in 2011 is particularly noteworthy as the former number one had previously occupied the position for three consecutive years," commented Gary Wong, senior analyst at IMS Research.

In 2011, Genetec's overall VMS revenue grew 33% worldwide. Revenue increased significantly across all regions with a 37.3% increase in the Americas, 20% in EMEA, and 40% in the APAC region. These figures confirm the Company's continued year on year growth trend with a 74% overall revenue increase for its VMS business between 2009 and 2011.

"Last year, we solidified and secured our leadership position in the Americas, which represents the world's largest market for VMS. We helped customers of all sizes in the retail, transportation, and government sectors realize the benefits of a truly integrated security platform. Building on our successes in our home territory, we are now expanding our leadership into other markets to take advantage of a growing demand for easily scalable systems that allow customers to focus on their jobs and not software integration," explains Genetec's CEO Pierre Racz.

In its report, IMS also forecasts that the world market for video surveillance equipment will grow in excess of 12% in 2012.

"We are currently undertaking a significant expansion of our EMEA, APAC and Latin American operations to support strong market growth and enhance customer support. We have recently expanded our offices in Paris and Dubai with state-of-the-art training facilities and hi-tech solutions centers, opened new subsidiaries in the UK and Brazil, and expanded our footprint in Mexico. With our talented and dedicated employees and partners around the world, our new facilities, and our continued investment in technological innovation, there are no limits to the road ahead," concludes Racz.

 

Featured

  • The Key to Wellbeing in the Office

    A few years ago, all we saw in the news was the ‘great resignation.’ Now we have another ‘great’ to deal with. According to CBRE, 2023 was the start of the ‘great return’ as office workers returned to their normal offices after working from home. The data shows that two-thirds of all U.S office buildings were more than 90% leased as of Q2 2023. Read Now

  • Failed Cybersecurity Controls Costing U.S. Businesses $30 Billion Yearly

    Panaseer recently released ControlWatch and the Continuous Controls Battle: Panaseer 2025 Security Leaders Report examining the cost of cybersecurity control failures and the impact of growing personal liability for security failings on security leaders. The report analyzes the findings of a survey of 400 security decision makers (SDMs) across the US and UK. It shows that security leaders feel under increasing pressure to provide assurances around cybersecurity, exposing them to greater personal risk – yet many lack the data and resources to accurately report and close cybersecurity gaps. Read Now

  • The Business Case for Video Analytics: Understanding the Real ROI

    For security professionals who may be hesitant to invest in video analytics, now's the time to reconsider. In a newly released Omdia report commissioned by BriefCam (now Milestone Systems), the research firm uncovered a compelling story: more than 85% of North American and European organizations that use video analytics achieve a return on investment within just one year. The study, which surveyed 140 end users across multiple industries, demonstrates that security technology is no longer just for security — it's a cross-organizational tool that delivers measurable business value far beyond traditional safety applications. Read Now

  • Survey: 54% of Organizations Cite Technical Debt as Top Hurdle to Identity System Modernization

    Modernizing identity systems is proving difficult for organizations due to two key challenges: decades of accumulated Identity and Access Management (IAM) technical debt and the complexity of managing access across multiple identity providers (IDPs). These findings come from the new Strata Identity-commissioned report, State of Multi-Cloud Identity: Insights and Trends for 2025. The report, based on survey data from the Cloud Security Alliance (CSA), highlights trends and challenges in securing cloud environments. The CSA is the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment. Read Now

Most   Popular

Featured Cybersecurity

Webinars

New Products

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings. 3

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file. 3

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening. 3