The problem of structural deformation monitoring has always been a research hotspot in engineering architecture. Research on structural deformation monitoring is the main way to solve the risk of engineering construction. Based on using close-range photogrammetry technology to monitor structural deformation, combining with image recognition technology to collect and process image data, and using the conditions of direct linear transformation and collinear equation to calculate based on the extracted coordinates of the measuring point, finally, according to the coordinates of the measuring point and the deflection value of the bridge structure, the study is carried out. Experiment: first, five sets of data are used to calibrate the close-range photogrammetry equipment of measurement point accuracy are analyzed, then the bridge piers and the measurement point coordinates, the lasso, under different load on the accuracy of close-range photogrammetry technology is analyzed, according to the relevant data of the error of the close-range photogrammetry technology are analyzed, and through the calculation of different measurement methods to analyze the direct linear transformation manifested in the article. The final results show that the X-axis coordinate range of the measured points in the auxiliary spatial coordinate system is 25∼40, Y-axis coordinate range is 8∼36, and Z-axis coordinate range is 10∼35. The coordinates of measuring points of bridge cables are distributed in the fourth quadrant of the spatial coordinate system. The accuracy values of all coordinates of the measuring points under the close-range photogrammetry equipment are less than 0.1 mm, indicating that the close-range photogrammetry equipment has a good effect on the calibration of measuring points, and the error generated when the load action of each measuring point of the bridge cable is 10 N is greater than that generated when the load action is 20 N. In different calculation and measurement methods, the results obtained by total station measurement and calculation method are reduced by about 0.04∼0.07 m compared with the actual value; the results obtained by direct linear transformation method are increased by about 0.02∼0.04 m compared with the actual value; and the results obtained by other measurement and calculation methods are increased by about 0.04∼0.06 m compared with the actual value.