The Italy AI CCTV market size is projected to grow at a CAGR of 16.50% between 2025 and 2034, aided by their increasing application in security and surveillance systems.
In 2021, crime-related incidences in Italy recorded a year-on-year surge of 6.78%. The rate of burglary in Italy also surged from 210.5 cases to 226.6 cases per 100,000 people. This indicates the demand for advanced security cameras that can deter criminals and increase the sense of security among people.
By 2028, the use of AI services in the retail sector is expected to reach USD 31 billion in value. As per the Italy AI CCTV market analysis, the increasing focus of businesses on analysing consumer behaviour and their shopping patterns within retail stores is expected to contribute to the market growth. Moreover, Italy’s manufacturing industry grew by nearly 9.1% between 2021 and 2022. The adoption of AI CCTV cameras can further boost its prospects, by enabling it to enhance its operational efficiencies and monitor the production line.
Other players included in the Italy AI CCTV market report are Teledyne FLIR LLC, Motorola Solutions, Inc., Hanwa Vision Co. Ltd., Tiandy Technologies CO.,LTD., and Zhejiang Uniview Technologies Co., Ltd, among others.
Italy AI CCTV Market Growth
The demand for AI tools in Italy has recently witnessed a growth of 52% to reach nearly EUR 760 million. Large organisations account for nearly 90% of the market share, while nearly 11% of all large Italian organisations are vanguards in utilising AI tools for driving business growth. Besides, 18% of all small and medium enterprises have begun experimenting with AI tools. This is creating a promising Italy AI CCTV market outlook for enhancing the security and surveillance facilities at important public and private sites.In 2021, crime-related incidences in Italy recorded a year-on-year surge of 6.78%. The rate of burglary in Italy also surged from 210.5 cases to 226.6 cases per 100,000 people. This indicates the demand for advanced security cameras that can deter criminals and increase the sense of security among people.
By 2028, the use of AI services in the retail sector is expected to reach USD 31 billion in value. As per the Italy AI CCTV market analysis, the increasing focus of businesses on analysing consumer behaviour and their shopping patterns within retail stores is expected to contribute to the market growth. Moreover, Italy’s manufacturing industry grew by nearly 9.1% between 2021 and 2022. The adoption of AI CCTV cameras can further boost its prospects, by enabling it to enhance its operational efficiencies and monitor the production line.
Key Trends and Developments
Advanced object detection features; emergence of facial recognition technology; detection of behavioural anomaly; and development of smart cities are trends impacting the Italy AI CCTV market growth.August 2022
Major market players are manufacturing AI CCTV cameras for enhancing road safety in Italy. Hanwha Vision’s Wisenet CCTV cameras integrated with Sprinx’s “traffix.ai” solution have effectively minimised traffic incidents on the Pedemontana Veneta highway on Italy. This is fuelling the Italy AI CCTV market development.May 2022
Motorola Solutions acquired a leading provider of ruggedised security cameras in Italy known as Videotec S.p.A. This move added to its existing portfolio of fixed line cameras while its technological expertise drove innovation in the market.July 2021
Istituzione Bologna Musei and the National Agency for New Technologies, Energy and Sustainable Economic Development (ENEA) in Italy jointly developed and implemented “ShareArt Project” in museums to analyse visitor behaviour through AI cameras and optimise the layout of paintings to drive revenues. The increasing application of AI CCTV cameras in museums is expected to favourably shape the Italy AI CCTV market share.July 2021
Sony Group Corporation integrated AI processing functionalities into its IMX500 image sensors to enable smart city residents of Rome to find open parking spots, adjust to different traffic situations, and upgrade their lifestyle by boosting their access to information.Availability of Advanced Object Detection Features
AI CCTV cameras have become increasingly sophisticated in distinguishing between various objects, which has improved their capability to accurately monitor and record events. This is driving their widespread adoption, thereby leading to the growth of Italy AI CCTV market revenue.Facial Recognition Technology
Such technology is enabling AI CCTV cameras to identify individuals, send alerts for unknown people, and assist the discovery of wanted criminals.Detection of Behavioural Anomaly
AI algorithms can be trained to detect unusual behaviour such as identification of suspicious activities and notifying security personnel in real-time.Development of Smart Cities
AI CCTV cameras facilitate traffic management and resource optimisation in smart cities, thereby ensuring public safety. This is increasing road safety and thus, contributing to the growth of Italy AI CCTV market value.Italy AI CCTV Market Trends
AI CCTV cameras equipped with facial recognition technology can easily monitor large areas with great efficiency. They can rapidly detect unusual activities and respond to them, while reducing the constant need for human supervision. They can also restrict unauthorised access to important areas, thereby heightening security and surveillance in critical areas. In commercial settings, such cameras can significantly boost purchase experience by enabling retailers to provide personalised service to VIP consumers. Thus, the Italy AI CCTV market dynamics are being influenced favourably by rising demand for AI-based video surveillance systems.Italy AI CCTV Industry Segmentation
The report titled “Italy AI CCTV Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Offering:
- Solution
- Services
Market Breakup by Camera Type:
- PTZ Camera
- Dome Camera
- Bullet Camera
- Box Camera
- Others
Market Breakup by End Use:
- Residential
- Commercial
- Industrial
Market Breakup by Region:
- North-West Region
- North-East Region
- Central Region
- South Region
Italy AI CCTV Market Share
Based on region, the market is segmented into the north-west region, the north-east region, the central region, and the south region. The central region is projected to dominate the market, representing 13% of the overall market share. Over the forecast period, north-west region is expected to grow at a CAGR of 18.4% because of rapid technological advancements in AI CCTV design and development.Leading Companies in the Italy AI CCTV Market
Major players are capitalising on the increasing need of businesses to cut costs and increase operational security by designing cameras equipped with AI technology. This is expected to drive the Italy AI CCTV market growth over the forecast period.Hangzhou Hikvision Digital Technology Co., Ltd
Hangzhou Hikvision Digital Technology Co., Ltd. was founded in 2001 and is headquartered in Zhejiang, China. It manufactures a wide range of physical security solutions, including alarm systems, access control, and video security. It is present in over 150 countries worldwide.Dahua Technology Co., Ltd
Dahua Technology Co., Ltd is a Chinese company which is headquartered in Hangzhou, Zhejiang. It was founded in 2001 and specialises in the production of IP cameras, and video surveillance systems, among other products.Axis Communications AB
Axis Communications AB is a Swedish company which was founded in 1984 and is headquartered in Lund, Skåne. It specialises in the production of computer networking products, such as security cameras, CCTVs, and IP cameras, among other products.Honeywell International Inc.
Honeywell International Inc. is an American company which was founded in 1906 and is headquartered in Charlotte, North Carolina. It is primarily engaged in manufacturing electronic appliances for households, apart from safety solutions and aerospace technologies.Other players included in the Italy AI CCTV market report are Teledyne FLIR LLC, Motorola Solutions, Inc., Hanwa Vision Co. Ltd., Tiandy Technologies CO.,LTD., and Zhejiang Uniview Technologies Co., Ltd, among others.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Europe AI CCTV Market Overview
6 Italy AI CCTV Market Overview
7 Italy AI CCTV Market by Offering
8 Italy AI CCTV Market by Camera Type
9 Italy AI CCTV Market by End Use
10 Italy AI CCTV Market by Region
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Dahua Technology Co., Ltd.
- Axis Communications AB
- Teledyne FLIR LLC
- Honeywell International Inc.
- Motorola Solutions, Inc.
- Hanwa Vision Co. Ltd.
- Tiandy Technologies Co., Ltd.
- Zhejiang Uniview Technologies Co., Ltd.