Genetec Expands Global Access Control Market Share with Six Years of Growth 

Genetec Inc., a global enterprise physical security software company, has solidified its position in the access control market according to Omdia’s 2024 Access Control report. With six consecutive years of organic growth, Genetec retains its #2 global ranking for access control software and continues to expand its market share worldwide. 

In the Americas, access control software has evolved from being a security measure to a crucial element of business operations. This shift, highlighted in the Omdia report, has driven demand for unified security platforms that integrate access control, video surveillance, and intrusion detection into a single interface. Genetec’s proactive approach to market trends has resulted in a remarkable 28% CAGR over the last six years. 

“Unlike legacy vendors that rely on acquisitions, Genetec’s growth stems from continuous innovation and investments in new technologies,” said Christian Morin, Vice President of Product Engineering at Genetec Inc. “Our recent launches, including Security Center SaaS, HID Mercury Security MP controllers, and the European high-assurance access control system in partnership with STid, underscore our commitment to innovation and partnerships as drivers of growth.” 

Market Success Across Regions 

In the fragmented EMEA market, Genetec is among the top 10 access control software providers. Its focus on open-architecture systems, which allow integration of components from multiple vendors, aligns with the regional preference for customizable solutions. Partnerships, such as the collaboration with STid, further support this strategy. 

In the Asia-Pacific region (excluding China), Genetec’s market share has surged, propelling the company to the #6 position, up from #10 in 2021. As enterprises modernize access control systems, they increasingly favor Genetec’s feature-rich, cyber-secure solutions with robust integration capabilities. The open-architecture design of Genetec’s access control solutions allows businesses to enhance security, streamline operations, and upgrade at their own pace. 

Driving Hybrid Cloud Adoption 

The Omdia report highlights a growing shift toward hybrid cloud deployments in the access control market. Genetec’s Security Center SaaS leads this transformation, offering a physical security solution that integrates access control and video management in the cloud. With flexibility for hybrid or full-cloud deployments, organizations can adapt their infrastructure at their convenience while preserving existing investments.