Axon Enterprise's stock price saw a significant increase in 2024, receiving high praise from the market. The year-to-date performance has increased by 137.03%, recording a return of 176.35% over the past year.
A revenue growth rate of 25-30% is determined to be sustainable in the long term. The introduction of artificial intelligence technology is expected to lead to the offering of premium packages and the expansion of market share. Axon's total potential market is estimated at 77 billion dollars, with a large portion still untapped.
Analysts highly value Axon's innovative product lineup, leadership in public safety technology market, and growth potential through the integration of AI technology.
Axon Enterprise's introduction of AI is expected to bring innovative effects to law enforcement and public safety sectors.
With an AI-powered software called Draft One, high-quality police report drafts can be created within seconds from the audio of body cameras. As a result, it is expected that police officers' administrative work time will be reduced by more than one hour per day.
By analyzing past crime data with machine learning algorithms and predicting future crime occurrences, effective personnel deployment becomes possible.
AI analyzes body camera footage in real-time to identify aggressive behaviors, persons of interest, and detect potential threats.
AI detects gunfire in urban environments and notifies law enforcement in real-time, enabling a reduction in response time.
Utilizing AI for data analysis visualizes crime trends, hotspots, and regional concerns, enabling more transparent law enforcement activities.
The automatic video editing feature enables the creation of quickly publishable videos while protecting individuals' privacy.
The introduction of the AI Era Plan utilizing artificial intelligence (ai) could potentially generate annual operating income of 1.8 billion dollars.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
アキバのヨッシー OP : The adoption of the new product TASER 10 has increased the revenue of the TASER department by 36% compared to the same period last year.
Axon Cloud service has also achieved 46% growth, successfully shifting to a global strategy in the software and service fields.