Italy Video Surveillance Market Size (2024 - 2029)

Italy Video Surveillance Market Analysis

The Italy Video Surveillance Market size is estimated at USD 699.80 million in 2024, and is expected to reach USD 927.70 million by 2029, growing at a CAGR of 5.80% during the forecast period (2024-2029).

Video surveillance systems constitute a network of cameras, monitoring/display units, and recorders. These systems are installed at diverse locations, such as inside or outside the building, industrial premises, public places, etc., to record movement or activities when necessary. Considering the growing security concerns, surveillance systems with 24/7 operational capability are also available in the market.

Italy has remained among the prominent markets for video surveillance systems owing to the positive outlook of consumers and law enforcement authorities toward advanced surveillance solutions. Demand for sophisticated surveillance and alarm systems in residential, industrial, and commercial environments has also been growing, driven by innovation and the integration of smart technologies.

For instance, recent years have witnessed the proliferation of advanced technologies, such as AI, advanced analytics, video management software, etc., in the video surveillance industry, significantly enhancing the capabilities and use cases of these systems. As a result, consumers and organizations across different sectors have shown a greater interest in advanced video surveillance solutions.

Furthermore, the growing threat of crime and illegal activities is also encouraging law enforcement authorities across the country to adopt advanced video surveillance solutions. For instance, in 2023, the Gardone Val Trompia Police Department in Lombardy, Italy, adopted video surveillance cameras to safeguard a popular community park.

However, the price of advanced video surveillance systems and privacy issues remain among the significant challenges to the growth of the market studied. Recently, action has been taken against organizations that do not adhere to the privacy and security guidelines for surveillance solutions. For instance, in January 2024, the Trento city council was fined for deploying AI-driven urban surveillance projects that violated data protection rules.

The increasing threat of cyberattacks is also a concern for the market's growth, as it prevents consumers from adopting solutions with higher cybersecurity risks. According to the National Cyber Security Agency (ACN) of Italy, in 2023, it dealt with about 1,411 cyberattacks, 29% higher than the previous year.

Italy Video Surveillance Industry Segmentation

Video surveillance systems comprise several components, such as a video camera and recorder, along with other sophisticated elements, such as computer vision and video management and analysis software. These solutions are combined to monitor a building/facility or any public/private place for illegal/unlawful activity.

The Italian video surveillance market is segmented by type (hardware [camera (analog, IP, and hybrid) and storage], software [video analytics and video management software], and services [VSaaS]) and end-user vertical (commercial, infrastructure, institutional, industrial, defense, and residential). The market sizes and forecasts are provided in terms of value (USD) for all the segments.