Soundwork Whitepaper
  • 🎼Index
  • 💡Abstract
  • 😖Problem Statement
  • 🪄Solution Overview
  • 📊Market Analysis
    • 🎚️Music Market Landscape
    • 🖼️The Role of NFTs in Music
    • 💎Unique Value Proposition
  • 🎶Platform Deepdive
    • 🎹SNFT - Sound NFT Standard
    • 🛒Soundwork MarketPlace
    • ☁️AI-Powered Developer API
    • 📱AI Music-Maker App
    • 💰Web3 Rewards Engine
  • 🪙$SOUND Token
    • 🧠Rationale
    • ⚒️Utility
    • 🏛️Governance
    • 💸Settlement
    • 🥧Tokenomics
  • 🗺️Roadmap
  • 🎙️Conclusion
  • 🌍Official Links
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Market Analysis

What is the size of the Opportunity?

PreviousSolution OverviewNextMusic Market Landscape

Last updated 1 year ago

Soundwork's platform's integration of Web3, NFTs, and AI technology uniquely positions it to capitalize on the Music-Tech industry trends by transforming music production and distribution

The global music software and sample market is expected to grow exponentially in the coming years, driven by increasing demand for music production software, digital music distribution, and live streaming services.

At Soundwork, we aim to capture a significant percentage of the $3.5 Billion in Serviceable Obtainable Market (SOM), which is derived from a Total Available Market (TAM) of $30.7B, and a Serviceable Available Market (SAM) of $9.5B.

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Total Available Market (TAM) $30.7B Serviceable Available Market (SAM) $9.5B Serviceable Obtainable Market (SOM) $3.5B
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