Security Cameras Market Outlook:
Security Cameras Market size was valued at USD 16.9 billion in 2025 and is projected to reach USD 81.4 billion by the end of 2035, rising at a CAGR of 19.1% during the forecast period, i.e., 2026-2035. In 2026, the industry size of security cameras is estimated at USD 20.1 billion.
The global security cameras market is poised for tremendous growth, highly propelled by rising urbanization, smart city initiatives, stringent security regulations, and heightened demand for AI-based surveillance systems. In this regard, the Ministry of Electronics and Information Technology (MeitY) in April 2024 mandated compulsory testing for essential security parameters for CCTV cameras under the STQC scheme and counseled all the government agencies to follow these updated procurement guidelines to ensure proper system security, thereby addressing concerns towards foreign-origin devices. Simultaneously, security advisories are strongly focused on encryption, penetration testing, and controlled access protocols to protect data, whereas the laws strictly prohibit privacy infringements through any type of unauthorized surveillance, thus positively impacting security cameras market growth.
The security cameras market also benefits from significant incentives and safety protocols amended by the governments to enhance safety across commercial, industrial, and public infrastructure. In this context, OVSJG disclosed that the Private Security Camera Rebate Program (PSCRP) in Washington, D.C., offers rebates up to USD 500 for residential and USD 750 for non-residential properties to cover the cost of security cameras and glass break sensors, requiring registration with the Metropolitan police department. It became effective from May 15, 2024, wherein individuals can reapply for additional rebates after four years or if vandalism occurs. It also mentioned that from October 1, 2025, nonprofits and small businesses that have below USD 2.5 million in sales can claim rebates for interior cameras and sensors, hence denoting a positive market outlook.