Genetec announced it continues to be the leading provider in the global video surveillance software market, as cited in the latest report from research firm Omdia.
The scope of Omdia’s “Video Surveillance & Analytics Market Share Database – 2022” was expanded to include Video Surveillance as a Service (VSaaS) for the first time. 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 said it retained its leading position for the 11th consecutive year and recorded the greatest market share gain over the last three years. In EMEA, the Montreal-based company maintained its market position and in the Asia Pacific region (excluding China) the company posted significant year-on-year growth, and advanced to the No. 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, according to the announcement.
"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.”