The invention discloses a lead-free ceramic dielectric material with high field-induced strain and high energy storage density. The composition is represented as a general formula: [(Bi0.95La0.05)0.5Na0.5](1-x-y)(Bi0.5K0.5)x(Ba0.85Sr0.10Mg0.05)yTi(1-u-v)Cu(A(1/2)B(1/2))vO3, wherein A represents a trivalent metal element and is selected from one or two of Al, Fe, Cr, Mn, Co, Y and Ga; B represents a pentavalent metal element and is selected from one or two of Nb, Sb, Ta and V; C represents a tetravalent metal element and is selected from one of Zr, Mn, Hf and Sn; x, y, u and v represent mole fraction, x is larger than or equal to 0.005 and smaller than or equal to 0.2, y is larger than or equal to 0.005 and smaller than or equal to 0.2, the sum of x and y is smaller than or equal to 0.3, u is larger than or equal to 0.005 and smaller than or equal to 0.3, v is larger than or equal to 0.005 and smaller than or equal to 0.3, and the sum of u and v is smaller than or equal to 0.4. Cold isostatic pressing is adopted, uniform and compact ceramic texture can be acquired, and a preparation process is simple, stable and suitable for industrial popularization and application; the ceramic with high field-induced strain and high energy storage density has excellent energy storage density, energy storage efficiency and high-field strain, the energy storage density can be 1.2 J/cm<3>, the energy storage efficiency can be 59%, the high-field strain can be 0.28%, and the ceramic is environment-friendly, low in energy consumption and good in practicability.