The market for security cameras worldwide is growing quickly as more businesses, governments, and individuals focus on safety and monitoring. In 2024, the market is valued at about $13.4 billion. Experts predict it will expand to around $85.2 billion by 2035. This growth is driven by rising concerns about security and the development of new technologies, especially artificial intelligence, which improves camera capabilities.
Security cameras are becoming more common in public spaces, workplaces, and homes to help prevent crime and enhance operational efficiency. Advances in AI allow these systems to better detect unusual activities and provide real-time alerts. This makes security solutions more effective and appealing to a wide range of users.
Why this matters:
As security threats evolve, the demand for smarter surveillance tools grows. Understanding this market trend highlights how technology is shaping safety measures globally and influencing investments in security infrastructure.
Source: NewsData