Based on what I have seen, which is bits and pieces of summer league, G-League, and NBA garbage time, I would say that he projects as a solid back up point guard, who will have a decent NBA career (say 5 or more NBA seasons as a bench player). But he is only 20. No doubt he could raise his ceiling. He seems like a hard worker, good attitude.
One limitation is his size, 6'-1" and 195 lbs is small. About the same as Pritchard. He is probably faster than Pritchard (maybe not quicker), but he does not shoot like Pritchard, at least not so far. And Pritchard can maintain his quickness while dribbling due to his high end handles.
So in other words, Davison is doing great for a second round pick. Projecting to be a solid pick.