Market PositionMotorola Solutions is the largest vendor in the video surveillance analytics market with 10.6% share.
Revenue GrowthSales of $2.628B exceeded consensus of $2.587B, with Non-GAAP EPS totaling $3.24, which surpassed Street expectations.
Video Security GrowthVideo security represents Motorola Solutions’ fastest-growing segment, growing at a 35.2% CAGR between 2018 to 2023, with the software portion growing at a 56.5% CAGR.