Genetec Achieves Top Global Market Share Rankings

Andrew Elvish, Vice President at Genetec.
Andrew Elvish, Vice President at Genetec.
7 years ago

Genetec has emerged as the only security and public safety solutions developer to hold a place in the top-10 global rankings for video management software (VMS), access control software, and automatic license plate recognition (ALPR) software, according to recently published market research reports by IHS Markit. The IHS Markit reports include 2017 Video Surveillance Market Share Database, 2017 Access Control Intelligence Database, and 2017 ANPR & Detection Sensors Report.

“Customers are trusting us in ever greater numbers to deliver on our promise of true unification, and we are honored to be able to develop the software and appliances that bring that promise to life” comments Andrew Elvish, Vice President at Genetec.

With its open platform Synergis line of software, Genetec entered into the top-5 ranking for access control software developers in the Americas, and achieved a global top-7 rank. The Synergis software grew its market share in the Americas from 4.5% to 6.1%, while all other traditional access control incumbents in the top-5 reported either <1% or negative year over year market share growth. The same holds true for global rankings, with Genetec showing stronger market share growth than the entire top-5 access control vendors combined. “We are especially thrilled to see the strength and growth of our access control products as they challenge legacy proprietary offerings. Today, customers are seeking flexible, open, and modern solutions that can unify all of the core activities of a customer’s physical security system without locking them into a single-supplier solution," said Elvish.