Man working on computer at desk

Genetec Expands Global Market Share in Video Management Software

Independent research reveals Genetec outpaced sector growth to secure top rankings across key global security regions.

Enterprise physical security software provider Genetec Inc. expanded its global market share in video management software and software as a service, according to independent industry research published by Omdia and Novaira Insights.

Data from Omdia indicates Genetec achieved 20% growth in the video software and video surveillance as a service market, outperforming the overall sector's 13.3% expansion. During the same period, major competitors holding the second and third positions in global market share saw revenue results remain flat or decline.

Market analysts credit the momentum to shifting enterprise requirements. Organizations updating physical security infrastructure are increasingly favoring flexible open platforms that unify on-premises, cloud and hybrid architecture under a single management system rather than relying on proprietary, single-deployment models.

Independent findings from Novaira Insights further positioned Genetec as the top global provider of video surveillance software and service agreements. The firm's regional data showed Genetec maintained its position as the top supplier in the Americas for the 15th consecutive year.

The report also highlighted momentum in international regions, noting Genetec recorded the highest market share growth among the top 10 vendors across Europe, the Middle East and Africa, while securing a top-three placement across the Asia-Pacific region, excluding China.

About the Author

Jesse Jacobs is assistant editor of SecurityToday.com.

Featured

New Products

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities

  • GroundAware® GA1360LH 2D 360-Degree Radar

    Protect up to 750 acres with a single sensor, delivering extended 1 km+ target detection, all-weather tracking and automated intrusion deterrence for critical infrastructure.

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.