Security Camera Market Size

Global Security Camera market size was valued at USD 35.43 Billion in 2023 and is poised to grow from USD 39.25 Billion in 2024 to USD 89.17 Billion by 2032, growing at a CAGR of 10.8% during the forecast period (2025-2032).

The primary force currently driving the market for global security cameras is the increased concern for public safety as well as urbanization and technological advances. These forces are complemented by new technologies such as high-definition imaging and night vision, which can be additionally augmented with thermal imaging and AI analytics, to enhance the efficiency of surveillance systems.

Driving all of this is a proliferation of security cameras that are increasingly equipped with artificial intelligences and machine learning capabilities for facial recognition, behavior analysis, or automated alerting, making preemptive threat detection and incident management more effective. The trend is also toward going completely wireless or cloud-based, which offers flexibility and scalability, making very complex surveillance systems much more affordable and possible for a larger audience.

Adopting AI and Machine Learning for use in security cameras might be one of the major drivers for the developments in this equipment, including the importance of facial recognition, analysis of behavior, and automatic alerts. This eventually leads to detection and management of threats proactively. At the same time, thanks to their mobility and scalability, wireless and cloud-based systems prove cost-effective to almost every class of user

Why Are Cloud-Based Surveillance Solutions Gaining Momentum?

Cloud-based surveillance is the new trend that not only organizations, but also individual consumers will experience in the management of security infrastructures. With such systems, users can remotely access live and recorded video footage through mobile apps or web platforms with improved response times and situational awareness. Deployment is actual and easy because it absolutely eliminates the hassle of managing complicated on-premises servers that suit small enterprises, retail chains, and home users. But there's more, as cloud platforms provide features such as automated updates, end-to-end encryption, and even analysis by artificial intelligence, all of which add up to an environment that is much smarter and more secure for surveillance.

For example, a portable wireless camera, the Ulticam Dot, packed with seven days of free cloud storage and plug-and-play installation, was launched in early 2025 by Xthings. It signals that the market is gradually moving toward systems that are smaller, more scalable, and easier to use. It is expected that, with improvements in internet bandwidth everywhere, cloud-based surveillance will soon become most important in the future infrastructure of smart cities and connected homes.