Market Share of Italy Video Surveillance Industry
Italy has many local and global players operating in the video surveillance segment, which makes the market highly competitive. The increasing proliferation of advanced video surveillance systems among consumers of different segments attracts more customers into the market, which is anticipated to drive the competition index further. Considering this, vendors are adopting innovative business strategies such as product innovation, mergers, and acquisitions to strengthen their market presence further. Some key market players include Honeywell, Teledyne Flir LLC, Bettini SRL, and Esprinet SpA.
In February 2024, Trento city council was fined EUR 50,000 (~USD 54,373) by the the Italian privacy authority for deploying two AI-driven urban surveillance projects, violating the data protection rules.
In February 2024, Vivotek, a provider of network cameras and network video recorders (NVRs), announced that its network cameras and NVRs will be upgraded to a global five-year warranty. According to the company, this will help it meet the highest industry warranty standards.
Italy Video Surveillance Market Leaders
-
Honeywell Security Group
-
Esprinet S.p.A
-
Johnson Controls
-
Teledyne Flir LLC
-
Bettini S.r.l.
*Disclaimer: Major Players sorted in no particular order
