Political sources said a likely candidate was Ms Elisabetta Belloni, a career diplomat who heads the secret services, with Justice Minister Marta Cartabia also in the reckoning.
The president is a powerful figure in Italy, who gets to appoint prime ministers and is often called on to resolve political crises in the euro zone's third-largest economy, where governments survive barely a year on average. The move proved an embarrassing flop, with Ms Casellati securing just 382 ballots, far below the 505 required to win.
"You don't go from the secret service to the Quirinale. Those who don't understand this have no institutional culture," former prime minister Matteo Renzi said on Facebook, announcing that his small Italia Viva party would never vote for her.
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