Smart Home Security Camera growing at a CAGR of 21.7% from 2025 to 2033

The global smart home security camera market size was estimated at USD 9.98 billion in 2024 and is projected to reach USD 56.47 billion by 2033, growing at a CAGR of 21.7% from 2025 to 2033. The growing need for safer homes and dependable surveillance is driving steady growth in the global smart home security market.

The increase in thefts and break-ins has many people searching for smarter ways to protect their homes, with smart security cameras becoming a popular choice. As property crimes rise in urban areas, both homeowners and business owners are paying closer attention to security. The possibility of losing valuable belongings or suffering damage has made it clear that taking precautions is essential. Smart cameras offer live monitoring, help discourage criminals, and provide peace of mind, which is why their demand continues to grow among those looking to safeguard their properties. According to SafeHome.org, published in February 2025, about 26% U.S. consumers considered purchasing a home security camera.

Ongoing advancements in technology are driving forward the smart home security camera market. Innovations such as AI-powered facial recognition and enhanced image quality are quickly gaining popularity, making these cameras more reliable and appealing to users. For instance, in June 2024, OMNIVISION, a semiconductor manufacturing firm, announced a single intelligent sensor designed for presence detection, facial recognition, and always-on applications. This sensor combines advanced technologies such as mono-IR and AON to enhance security and user experience in various devices. Its applications include home security cameras, doorbells, monitors & webcams.

The rising trend of home automation has also played a part, with more people wanting security systems that work smoothly with their other smart devices. At the same time, the popularity of DIY security options, known for being both convenient and affordable, has helped smart cameras catch the interest of a wider audience. Plus, growing awareness about the importance of security, especially following high-profile incidents, is driving more people to invest in these solutions. According to the Deep Sentinel Corp. data published in January 2025, homes without security systems in place are 300% more likely to be targeted by burglars.

Smart Home Security Camera Market Report Scope