GITNUXREPORT 2026

Security Cameras Industry Statistics

The global security camera market is growing rapidly, driven by strong residential adoption and AI technology.

Rajesh Patel

Rajesh Patel

Team Lead & Senior Researcher with over 15 years of experience in market research and data analytics.

First published: Feb 13, 2026

Our Commitment to Accuracy

Rigorous fact-checking · Reputable sources · Regular updatesLearn more

Key Statistics

Statistic 1

55% of US households own at least one security camera in 2023.

Statistic 2

Retail sector accounts for 32% of global security cameras revenue 2023.

Statistic 3

Transportation hubs use 18% of all installed security cameras worldwide 2023.

Statistic 4

Healthcare facilities increased camera installations by 28% in 2023.

Statistic 5

Education sector security cameras grew 19% to 12 million units globally 2023.

Statistic 6

Critical infrastructure like power plants have 95% camera coverage 2023.

Statistic 7

Hospitality industry cameras per property averaged 45 in 2023.

Statistic 8

Manufacturing plants saw 25% rise in AI cameras adoption 2023.

Statistic 9

Banking sector has 4 cameras per branch on average globally 2023.

Statistic 10

Residential smart doorbells with cameras sold 40 million units 2023.

Statistic 11

Logistics warehouses average 150 cameras per large facility 2023.

Statistic 12

42% of global cameras in commercial buildings 2023.

Statistic 13

Airports worldwide average 500 cameras per major hub 2023.

Statistic 14

Oil & gas sector cameras up 32% for perimeter security 2023.

Statistic 15

Government buildings 25% of public sector cameras 2023.

Statistic 16

Sports stadiums average 350 cameras per venue 2023.

Statistic 17

Hikvision held 18.5% market share in global security cameras in 2023.

Statistic 18

Dahua Technology captured 12.3% of the global security camera market in 2023.

Statistic 19

Axis Communications accounted for 7.8% market share in network cameras segment 2023.

Statistic 20

Bosch Security Systems had 5.2% share in professional security cameras market 2023.

Statistic 21

Honeywell's security cameras revenue reached USD 1.2 billion in 2023, 4% market share.

Statistic 22

Uniview grew its market share by 2.1% in 2023 to reach 6.4% globally.

Statistic 23

Pelco by Motorola Solutions held 3.7% share in high-end security cameras 2023.

Statistic 24

Tiandy Technologies increased share to 4.1% in Asia-Pacific security cameras 2023.

Statistic 25

Hanwha Techwin (Samsung) retained 5.9% global share despite competition in 2023.

Statistic 26

Arecont Vision had niche 2.3% share in megapixel cameras market 2023.

Statistic 27

Axis top in Europe with 15% share in IP cameras 2023.

Statistic 28

Avigilon (Motorola) 4.5% global share in video management 2023.

Statistic 29

FLIR Systems thermal cameras 22% share in that segment 2023.

Statistic 30

Vivotek grew 18% revenue in security cameras 2023.

Statistic 31

Suprema biometric cameras 3.2% niche share 2023.

Statistic 32

The global security cameras market size was valued at USD 16.36 billion in 2023 and is projected to grow to USD 46.83 billion by 2032 at a CAGR of 12.48%.

Statistic 33

In 2023, North America dominated the security cameras market with a share of over 35% due to high adoption in smart cities.

Statistic 34

The IP camera segment accounted for 62% of the global security cameras market revenue in 2023.

Statistic 35

Asia-Pacific is expected to register the highest CAGR of 14.2% in the security cameras market from 2024 to 2030.

Statistic 36

The commercial sector held 45% market share in security cameras installations worldwide in 2022.

Statistic 37

Global security cameras shipments reached 145 million units in 2023, up 8% from 2022.

Statistic 38

Wireless security cameras market was valued at USD 7.2 billion in 2023, growing at 13.5% CAGR.

Statistic 39

Residential security cameras adoption grew by 22% year-over-year in 2023 globally.

Statistic 40

The 4K security cameras segment is projected to grow at 15.8% CAGR through 2030.

Statistic 41

Europe security cameras market size was EUR 4.5 billion in 2023.

Statistic 42

The security cameras market in the US is projected to grow at a CAGR of 11.8% from 2024 to 2030.

Statistic 43

Latin America security cameras market valued at USD 2.8 billion in 2023.

Statistic 44

Dome cameras held 38% share in indoor security applications 2023.

Statistic 45

Bullet cameras popular in outdoor, 42% share globally 2023.

Statistic 46

Turkey security cameras installations reached 2.5 million in 2023.

Statistic 47

Global security cameras market expected to reach USD 120 billion by 2030 at 13% CAGR.

Statistic 48

AI-powered security cameras forecast to hold 75% market by 2028.

Statistic 49

Wireless cameras projected to grow from 25% to 45% share by 2030.

Statistic 50

Asia-Pacific security cameras CAGR forecasted at 15.5% to 2030.

Statistic 51

Cloud storage for cameras expected to triple to 60% adoption by 2027.

Statistic 52

8K cameras to capture 5% market share by 2030 from <1% now.

Statistic 53

Residential segment CAGR 14.2% projected through 2032.

Statistic 54

Edge computing in cameras to reduce latency by 70% by 2028.

Statistic 55

Global installations to hit 2 billion cameras by 2030.

Statistic 56

Privacy-enhancing tech in cameras to be mandatory in 40% markets by 2027.

Statistic 57

Hikvision projected to maintain 20% share through 2030.

Statistic 58

Cybersecurity threats to cameras expected to rise 50% annually to 2030.

Statistic 59

Market to grow 12% CAGR to USD 75B by 2029.

Statistic 60

Dahua forecast 14% revenue growth annually to 2030.

Statistic 61

North America has 45 million installed security cameras as of 2023.

Statistic 62

China leads with over 600 million surveillance cameras installed in 2023.

Statistic 63

UK public space CCTV cameras number 6.3 million in 2023, one per 11 people.

Statistic 64

India added 10 million new security cameras in urban areas in 2023.

Statistic 65

Germany has 5.2 million security cameras, with 40% in retail 2023.

Statistic 66

Brazil's security cameras market saw 25% growth, reaching 15 million units 2023.

Statistic 67

Australia residential security cameras penetration at 28% households in 2023.

Statistic 68

Middle East security cameras installations hit 8 million, up 20% in 2023.

Statistic 69

South Korea has one camera per 4.3 people, totaling 13 million in 2023.

Statistic 70

Africa security cameras market grew 30% to 4.5 million units in 2023.

Statistic 71

Japan enterprise security cameras replacement rate 22% in 2023.

Statistic 72

France has 4.8 million CCTV cameras, 70 per 1000 people 2023.

Statistic 73

Saudi Arabia invested USD 1.5B in security cameras 2023.

Statistic 74

Canada 12 million cameras, 30% growth in residential 2023.

Statistic 75

Over 70% of security cameras shipped in 2023 featured AI analytics capabilities.

Statistic 76

4K ultra-HD resolution cameras grew to 28% of total shipments in 2023.

Statistic 77

Cloud-based security cameras adoption surged 35% in 2023 globally.

Statistic 78

Thermal imaging cameras market within security grew 18% to USD 2.1B in 2023.

Statistic 79

360-degree fisheye cameras captured 12% market share in indoor security 2023.

Statistic 80

Edge AI processing in cameras reduced bandwidth by 40% on average in 2023 deployments.

Statistic 81

PoE (Power over Ethernet) cameras accounted for 65% of professional installations 2023.

Statistic 82

PTZ (Pan-Tilt-Zoom) cameras saw 15% growth in outdoor applications 2023.

Statistic 83

Biometric facial recognition integration in cameras reached 22% penetration 2023.

Statistic 84

5G-enabled security cameras deployments tripled to 500,000 units in 2023.

Statistic 85

82% of new cameras support H.265+ compression 2023.

Statistic 86

NDAA-compliant cameras sales up 40% in US 2023.

Statistic 87

Varifocal lenses in 55% of professional cameras 2023.

Statistic 88

IR night vision range averaged 40m in mid-range cameras 2023.

Statistic 89

Smart cameras with object detection 48% of shipments 2023.

Sources
Trusted by 500+ publications
Harvard Business ReviewThe GuardianFortune+497
With eyes in nearly every corner of our world and a market on track to explode from $16 billion to over $46 billion in less than a decade, the security camera industry is not just watching—it's undergoing a radical transformation driven by AI, connectivity, and unprecedented global demand.

Key Takeaways

  • The global security cameras market size was valued at USD 16.36 billion in 2023 and is projected to grow to USD 46.83 billion by 2032 at a CAGR of 12.48%.
  • In 2023, North America dominated the security cameras market with a share of over 35% due to high adoption in smart cities.
  • The IP camera segment accounted for 62% of the global security cameras market revenue in 2023.
  • Hikvision held 18.5% market share in global security cameras in 2023.
  • Dahua Technology captured 12.3% of the global security camera market in 2023.
  • Axis Communications accounted for 7.8% market share in network cameras segment 2023.
  • Over 70% of security cameras shipped in 2023 featured AI analytics capabilities.
  • 4K ultra-HD resolution cameras grew to 28% of total shipments in 2023.
  • Cloud-based security cameras adoption surged 35% in 2023 globally.
  • North America has 45 million installed security cameras as of 2023.
  • China leads with over 600 million surveillance cameras installed in 2023.
  • UK public space CCTV cameras number 6.3 million in 2023, one per 11 people.
  • 55% of US households own at least one security camera in 2023.
  • Retail sector accounts for 32% of global security cameras revenue 2023.
  • Transportation hubs use 18% of all installed security cameras worldwide 2023.

The global security camera market is growing rapidly, driven by strong residential adoption and AI technology.

End-User Segments

  • 55% of US households own at least one security camera in 2023.
  • Retail sector accounts for 32% of global security cameras revenue 2023.
  • Transportation hubs use 18% of all installed security cameras worldwide 2023.
  • Healthcare facilities increased camera installations by 28% in 2023.
  • Education sector security cameras grew 19% to 12 million units globally 2023.
  • Critical infrastructure like power plants have 95% camera coverage 2023.
  • Hospitality industry cameras per property averaged 45 in 2023.
  • Manufacturing plants saw 25% rise in AI cameras adoption 2023.
  • Banking sector has 4 cameras per branch on average globally 2023.
  • Residential smart doorbells with cameras sold 40 million units 2023.
  • Logistics warehouses average 150 cameras per large facility 2023.
  • 42% of global cameras in commercial buildings 2023.
  • Airports worldwide average 500 cameras per major hub 2023.
  • Oil & gas sector cameras up 32% for perimeter security 2023.
  • Government buildings 25% of public sector cameras 2023.
  • Sports stadiums average 350 cameras per venue 2023.

End-User Segments Interpretation

America has become a transparent society, watching ourselves from our doorbells to our power plants, with retail stores leading the charge as the world’s most eager spectators.

Key Players and Shares

  • Hikvision held 18.5% market share in global security cameras in 2023.
  • Dahua Technology captured 12.3% of the global security camera market in 2023.
  • Axis Communications accounted for 7.8% market share in network cameras segment 2023.
  • Bosch Security Systems had 5.2% share in professional security cameras market 2023.
  • Honeywell's security cameras revenue reached USD 1.2 billion in 2023, 4% market share.
  • Uniview grew its market share by 2.1% in 2023 to reach 6.4% globally.
  • Pelco by Motorola Solutions held 3.7% share in high-end security cameras 2023.
  • Tiandy Technologies increased share to 4.1% in Asia-Pacific security cameras 2023.
  • Hanwha Techwin (Samsung) retained 5.9% global share despite competition in 2023.
  • Arecont Vision had niche 2.3% share in megapixel cameras market 2023.
  • Axis top in Europe with 15% share in IP cameras 2023.
  • Avigilon (Motorola) 4.5% global share in video management 2023.
  • FLIR Systems thermal cameras 22% share in that segment 2023.
  • Vivotek grew 18% revenue in security cameras 2023.
  • Suprema biometric cameras 3.2% niche share 2023.

Key Players and Shares Interpretation

Despite Hikvision and Dahua leading the global security camera market by a significant margin, the 2023 landscape reveals a fiercely competitive and fragmented arena where numerous companies are aggressively carving out dominance in their specific niches, from Axis in European IP cameras to FLIR in thermal imaging.

Market Size and Growth

  • The global security cameras market size was valued at USD 16.36 billion in 2023 and is projected to grow to USD 46.83 billion by 2032 at a CAGR of 12.48%.
  • In 2023, North America dominated the security cameras market with a share of over 35% due to high adoption in smart cities.
  • The IP camera segment accounted for 62% of the global security cameras market revenue in 2023.
  • Asia-Pacific is expected to register the highest CAGR of 14.2% in the security cameras market from 2024 to 2030.
  • The commercial sector held 45% market share in security cameras installations worldwide in 2022.
  • Global security cameras shipments reached 145 million units in 2023, up 8% from 2022.
  • Wireless security cameras market was valued at USD 7.2 billion in 2023, growing at 13.5% CAGR.
  • Residential security cameras adoption grew by 22% year-over-year in 2023 globally.
  • The 4K security cameras segment is projected to grow at 15.8% CAGR through 2030.
  • Europe security cameras market size was EUR 4.5 billion in 2023.
  • The security cameras market in the US is projected to grow at a CAGR of 11.8% from 2024 to 2030.
  • Latin America security cameras market valued at USD 2.8 billion in 2023.
  • Dome cameras held 38% share in indoor security applications 2023.
  • Bullet cameras popular in outdoor, 42% share globally 2023.
  • Turkey security cameras installations reached 2.5 million in 2023.

Market Size and Growth Interpretation

Despite North America's current lead and IP cameras' dominance, the rapid residential adoption and Asia-Pacific's surging growth prove we're not just watching our property anymore, but quite literally investing in a high-definition, global anxiety feed valued to nearly triple to $47 billion in less than a decade.

Projections and Trends

  • Global security cameras market expected to reach USD 120 billion by 2030 at 13% CAGR.
  • AI-powered security cameras forecast to hold 75% market by 2028.
  • Wireless cameras projected to grow from 25% to 45% share by 2030.
  • Asia-Pacific security cameras CAGR forecasted at 15.5% to 2030.
  • Cloud storage for cameras expected to triple to 60% adoption by 2027.
  • 8K cameras to capture 5% market share by 2030 from <1% now.
  • Residential segment CAGR 14.2% projected through 2032.
  • Edge computing in cameras to reduce latency by 70% by 2028.
  • Global installations to hit 2 billion cameras by 2030.
  • Privacy-enhancing tech in cameras to be mandatory in 40% markets by 2027.
  • Hikvision projected to maintain 20% share through 2030.
  • Cybersecurity threats to cameras expected to rise 50% annually to 2030.
  • Market to grow 12% CAGR to USD 75B by 2029.
  • Dahua forecast 14% revenue growth annually to 2030.

Projections and Trends Interpretation

The world is feverishly wiring itself with increasingly smart, watchful eyes, yet this relentless march toward a projected $120 billion panopticon must carefully balance its impressive growth with the parallel urgency of securing our data and privacy from the very surveillance it sells.

Regional Adoption

  • North America has 45 million installed security cameras as of 2023.
  • China leads with over 600 million surveillance cameras installed in 2023.
  • UK public space CCTV cameras number 6.3 million in 2023, one per 11 people.
  • India added 10 million new security cameras in urban areas in 2023.
  • Germany has 5.2 million security cameras, with 40% in retail 2023.
  • Brazil's security cameras market saw 25% growth, reaching 15 million units 2023.
  • Australia residential security cameras penetration at 28% households in 2023.
  • Middle East security cameras installations hit 8 million, up 20% in 2023.
  • South Korea has one camera per 4.3 people, totaling 13 million in 2023.
  • Africa security cameras market grew 30% to 4.5 million units in 2023.
  • Japan enterprise security cameras replacement rate 22% in 2023.
  • France has 4.8 million CCTV cameras, 70 per 1000 people 2023.
  • Saudi Arabia invested USD 1.5B in security cameras 2023.
  • Canada 12 million cameras, 30% growth in residential 2023.

Regional Adoption Interpretation

While North America observes from the porch with its 45 million cameras, China, with over 600 million, is writing the definitive surveillance novel—and the rest of the world is hastily buying bookshelves.

Technology Trends

  • Over 70% of security cameras shipped in 2023 featured AI analytics capabilities.
  • 4K ultra-HD resolution cameras grew to 28% of total shipments in 2023.
  • Cloud-based security cameras adoption surged 35% in 2023 globally.
  • Thermal imaging cameras market within security grew 18% to USD 2.1B in 2023.
  • 360-degree fisheye cameras captured 12% market share in indoor security 2023.
  • Edge AI processing in cameras reduced bandwidth by 40% on average in 2023 deployments.
  • PoE (Power over Ethernet) cameras accounted for 65% of professional installations 2023.
  • PTZ (Pan-Tilt-Zoom) cameras saw 15% growth in outdoor applications 2023.
  • Biometric facial recognition integration in cameras reached 22% penetration 2023.
  • 5G-enabled security cameras deployments tripled to 500,000 units in 2023.
  • 82% of new cameras support H.265+ compression 2023.
  • NDAA-compliant cameras sales up 40% in US 2023.
  • Varifocal lenses in 55% of professional cameras 2023.
  • IR night vision range averaged 40m in mid-range cameras 2023.
  • Smart cameras with object detection 48% of shipments 2023.

Technology Trends Interpretation

It seems security cameras are no longer just watchful eyes but have become a whole brainy neighborhood, obsessively clarifying every 4K pixel, whispering cloud secrets, feeling the heat, counting faces, and wisely saving their bandwidth breath for the truly important stuff.

Sources & References

Logos provided by Logo.dev