CCTV Camera Market Outlook:
CCTV Camera Market size was valued at USD 50.36 billion in 2024 and is set to exceed USD 233.92 billion by 2034, registering over 16.6% CAGR during the forecast period i.e., between 2025-2034. In the year 2025, the industry size of CCTV camera is evaluated at USD 57.47 billion.
The CCTV camera market adoption is driven by increasing crime rates in both public and private spaces. According to a report published by World Population Review in 2024, more than 5 countries have a crime index of more than 75 including Venezuela, Papua New Guinea, Afghanistan, Haiti, and South Africa. Additionally, the overall crime rate in the U.S. was 49.2 in the same year. To prevent crimes modern residential security systems, use smart home technology to send email or SMS alerts when an unusual activity is detected, thereby facilitating swift response. There has been a rapid increase in the adoption of surveillance cameras to prevent theft and vandalism fueling the market expansion.
CCTV cameras also ensure real-time monitoring by sending live footage and enabling business owners to supervise. Various business owners are also deploying CCTV cameras to enhance employee productivity. The presence of a camera fosters the accountability of the employee and adheres to company policies. Furthermore, business owners are experiencing enhanced customer experience as they can take a look at buying behavior. Increased purchases from business owners are strengthening the CCTV market proliferation between 2025 and 2034.
