Security Cameras Market Size

Security Cameras Market size was over USD 13.33 billion in 2024 and is poised to exceed USD 113.37 billion by 2037, witnessing over 17.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of security cameras is evaluated at USD 15.24 billion.

Technology advancements are causing the global security camera market for CCTV cameras to grow. To ensure security against shoplifting, threats, and terrorism, new security camera technology, including 4K cameras, is being deployed in a variety of industries. As of 2023, El Salvador was the deadliest nation in the world for this form of crime, with a murder rate of 52.02 per 100,000 people. The most murderous city at the time was Celaya in Mexico.

As the demand for physical security grows, businesses are using CCTV cameras far more frequently. The desire to improve safety and security across many industries fuels the expansion of the security cameras market. Technology advancements have made video surveillance alternatives more affordable, scalable, and customized than ever before. For instance, 20% of the world's market for physical security is made up of CCTV cameras.