Wireless Home Security Camera Market Size

Wireless Home Security Camera Market Size

The global wireless home security camera market was valued at USD 9.8 billion in 2024 and is estimated to grow at a CAGR of 13.6% to reach USD 37.5 billion by 2034. The growth of the market is attributed to factors such as the increasing adoption of IoT, AI and ML technologies and advanced devices contributed to the growth of the market.

The rapid proliferation of IoT and AI technologies is one of the leading factors driving the demand for wireless home security camera worldwide. Customers are increasingly demanding comprehensive home security system. Artificial intelligence enabled WiFi cameras can provide high-quality video surveillance and video perception analysis by AI algorithms enable the identification of patterns in video feeds which can be used to alert customers about potential security threats.
 

Furthermore, connected IoT sensors in the camera track motion and send the collected data to the cloud through encrypted channels, enabling detection and alert potential threats, such as unauthorized entry, fire, or carbon monoxide leaks.  This combination of AI and IoT in wireless home security cameras allow home owners to identify patterns, detect potential vulnerabilities, and make informed decision about enhancing the home's security measures. According to Statista, the number of active households adopting wireless home security cameras is expected to reach to 103.2 million by 2029. Such factors are driving the adoption of wireless home security camera market.  
 

Companies operating in the market should shift towards passive monitoring to proactive, self-initiating protection by developing AI-driven autonomous threat response in wireless security cameras such as edge AI for instant action, and blockchain-based threat intelligence sharing for neighborhood-wide security.