GITNUX MARKETDATA REPORT 2024

Security Camera Industry Statistics

The security camera industry is expected to see continued growth due to increasing concerns about safety and security, with a projected global market size of $39.3 billion by 2023.

Statistic 1

"The global security camera market size was USD 1.82 billion in 2019."

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Statistic 2

"The security camera industry is predicted to grow at a CAGR of 10.4% from 2020 to 2027."

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Statistic 3

"The global security camera market is forecasted to reach USD 3.70 billion by 2025."

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Statistic 4

"North America held the largest security camera industry share in 2019."

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Statistic 5

"The presence of key players is primarily concentrated in the Asia Pacific region."

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Statistic 6

"The Chinese security camera market was worth USD 6.94 billion in 2019."

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Statistic 7

"Residential security camera usage is expected to grow with a CAGR of 9.81% during the period 2020-2025."

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Statistic 8

"Dome shaped security cameras make up over 21.51% of the overall security camera market revenue by product type."

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Statistic 9

"Over 62% of residential burglaries had some sign of security camera present."

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Statistic 10

"The IP-based security camera segment is projected to witness a growth rate of 15% from 2020 to 2026."

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Statistic 11

"By 2026, wireless systems are expected to constitute over 70% of market share."

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Statistic 12

"The demand for thermal cameras is expected to grow at around 17% CAGR from 2020 to 2026."

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Statistic 13

"Public spaces held more than 30% of security cameras market share in terms of applications in 2019."

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Statistic 14

"The United States is the leading country in security camera penetration, with around one camera for every 4.6 people."

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Statistic 15

"Around 47% UK’s CCTV cameras are installed in London alone."

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Statistic 16

"Night vision feature holds approximately 22.66% of the global security camera market revenue."

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Statistic 17

"Retail is the largest vertical market for the security camera industry, accounting for 25.8% of the total market in 2019."

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Statistic 18

"HD and megapixel security cameras shipment was 70.1 million units in 2019."

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Statistic 19

"The number of public CCTV cameras in China is expected to reach 626 million units by 2020."

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Statistic 20

"There was an estimated 770 million surveillance cameras installed worldwide in 2019."

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