Security Cameras Market Analysis

Type Segment Analysis

By the conclusion of forecast duration, infrared bullet cameras will command the largest revenue share of 38.7% in the security cameras market. The camera offers superior low-light performance and wider adoption across residential, commercial, and public safety.  For instance, in November 2024, i-PRO Co. Ltd. announced that it has launched a new line of high-zoom bullet cameras, which feature advanced edge AI, long-range IR LEDs, and 10x/30x zoom for precise monitoring in environments such as highways, ports, and stadiums. The cameras leverage long-range (up to 250m/820ft) infrared LED capabilities and offer 2MP, 5MP, and 4K resolutions across 20 models in the X- and S-series. Further, these cameras are especially designed for mission-critical applications, and they enhance city surveillance, transportation hubs, and critical infrastructure security, hence denoting a wider segment scope.

Application Segment Analysis

In the application segment, indoor cameras are expected to capture a significant revenue share in the security cameras market. The widespread utilization in homes, offices, and the commercial sector, coupled with smart connectivity features, is propelling the extensive growth of the segment. In October 2024, the Ministry of Consumer Affairs declared that the Food Corporation of India will upgrade its analog CCTV system to a modern IP-based surveillance network across 561 depots, with approximately 23,750 cameras, with a collective goal of enhancing high-resolution monitoring, scalability, and remote access. It also mentioned that the system will feature advanced video analytics, motion detection, trip wire, and camera tampering alerts, along with a centralized command control centre and network operating centre for real-time oversight.  Besides, pilot installations of environmental and humidity sensors will also improve the monitoring of indoor conditions in storage depots.

Professional Service Segment Analysis

In the security cameras market, the consulting services segment will grow with a lucrative revenue share over the discussed timeframe. The segment’s growth is highly subject to its capability in offering security assessments, customized solutions, and strategic guidance to enterprises. In addition, the rising complexity of security threats and regulatory compliance requirements is encouraging organizations to opt for expert guidance for surveillance system design and implementation. These services also help enterprises to optimize camera placement, integrate AI and analytics, and ensure interoperability with existing IT infrastructure. Moreover, there has been a growing adoption of smart city projects and critical infrastructure monitoring, efficiently boosting demand for professional security consulting. Since businesses increasingly prioritize proactive risk management, the consulting segment is expected to witness the utmost revenue over the years ahead.

Our in-depth analysis of the security cameras market includes the following segments: