The brief
MIDiA were tasked with completing an all-encompassing industry study for a music platform seeking investment.
The approach
We developed a creator and fan market sizing forecast model, creating a TAM, SAM, SOM model for each market. In conjunction, we evaluated the platform’s position in the marketplace through competitor analysis, a bespoke creator survey and qualitative interviews with creators, fans, and music industry professionals. The combination of approaches delivered a thorough understanding of the platform’s current and future position in the market which underpinned the conclusion of our strategic fit analysis.
The impact
MIDiA delivered comprehensive analysis with market and creator insights, outlining the platform’s key competitive advantages and highlighting opportunities and recommendations to shape the platform's future growth strategy that were featured in the platform’s investor pack.