The paper presents the assessment of the possibility and reliability of the digital image correlation (DIC) system for engineering and scientific purposes. The studies were performed with the use of samples made of the three different materials—mild S235JR + N steel, microalloyed fine‑grain S355MC steel, and high strength 41Cr4 steel subjected to different heat‑treatment. The DIC studies were focused on determinations of dangerous zones with large stress concentrations, plastic deformation growth, and prediction of the failure zone. Experimental tests were carried out for samples with different notches (circular, square, and triangular openings). With the use of the DIC system and microstructure analyses, the influence of different factors (laser cutting, heat treatment, material type, notch shape, and manufacturing quality) on the material behavior were studied. For all studied cases, the stress concentration factors (SCF) were estimated with the use of the analytical formulation and the finite element analysis. It was observed that the theoretical models for calculations of the influence of the typical notches may result in not proper values of SCFs. Finally, the selected results of the total strain distributions were compared with FEM results, and good agreement was observed. All these allow the authors to conclude that the application of DIC with a common digital camera can be effectively applied for the analysis of the evolution of plastic zones and the damage detection for mild high‑strength steels, as well as those normalized and quenched and tempered at higher temperatures.