How Big Is the Threat Axon Enterprise Faces From Motorola Solutions?

Rich Duprey, The Motley Fool
·4-min read
How Big Is the Threat Axon Enterprise Faces From Motorola Solutions?

Axon Enterprise (NASDAQ: AXON) may finally have a competitor that can't be easily beat. Motorola Solutions (NYSE: MSI) is launching a new video-as-a-service (VaaS) platform with a suite of products and services that could eat into the Taser maker's dominating market share because it has some of the same attributes that enabled Axon to earn so many contract wins. Since Motorola is also a financially bigger and arguably stronger rival that is now targeting the heart of Axon's business, let's see how big of a threat the competition is to the Taser-maker's standing.