πMarket Analysis
What is the size of the Opportunity?
Last updated
What is the size of the Opportunity?
Last updated
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.