Italy Generative Ai Market Size & Outlook, 2024-2030

The generative ai market in Italy is expected to reach a projected revenue of US$ 3,306.0 million by 2030. A compound annual growth rate of 35.9% is expected of Italy generative ai market from 2025 to 2030.
Revenue, 2024 (US$M)
$547.1
Forecast, 2030 (US$M)
$3,306.0
CAGR, 2025 - 2030
35.9%
Report Coverage
Italy

Italy generative ai market highlights

  • The Italy generative ai market generated a revenue of USD 547.1 million in 2024 and is expected to reach USD 3,306.0 million by 2030.
  • The Italy market is expected to grow at a CAGR of 29.1% from 2025 to 2030.
  • In terms of segment, software was the largest revenue generating component in 2024.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.

Generative ai market data book summary

Market revenue in 2024USD 547.1 million
Market revenue in 2030USD 3,306.0 million
Growth rate29.1% (CAGR from 2024 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data2017 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Services
Key market players worldwideAi Holdings Corp, Amazon.com Inc, International Business Machines Corp, Alphabet Inc Class A, Microsoft Corp, Adobe Inc

Other key industry trends

  • In terms of revenue, Italy accounted for 3.2% of the global generative ai market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany generative ai market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 4,892.3 million by 2030.

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Generative AI Market Companies

Name Profile # Employees HQ Website

Italy generative ai market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to generative ai market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 64.85% in 2024. Horizon Databook has segmented the Italy generative ai market based on software, services covering the revenue growth of each sub-segment from 2017 to 2030.


There have been several mergers and acquisitions involving companies working with variational auto-encoders (vaes) in Italy in recent years. Vaes are a type of generative ai model that are widely used in image and video processing.

For instance, athonet is an italian company that develops software-defined mobile networks for public safety, military, and enterprise customers. In 2019, athonet acquired invooz, a startup that had developed a chatbot platform based on vaes.

The acquisition was aimed at enhancing athonet's communication and collaboration capabilities for emergency services. Similarly, d-orbit is an italian company that develops satellite launch and deployment services. In 2020, d-orbit acquired netme, a startup that had developed an ai-based image and video processing platform using vaes. The acquisition was aimed at enhancing dorbit's satellite data processing capabilities.

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Horizon Databook provides a detailed overview of country-level data and insights on the Italy generative ai market , including forecasts for subscribers. This country databook contains high-level insights into Italy generative ai market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Italy generative ai market size, by component, 2017-2030 (US$M)

Italy Generative AI Market Outlook Share, 2024 & 2030 (US$M)

Italy generative ai market size, by component, 2017-2030 (US$M)

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