Music Metric Launches Music Industry Trend-Analysis Software

There has been a lot of music industry trend-analysis software launched into the market in the past few months, Big Champagne and Next Big Sound. The newest one to enter the market is UK based MusicMetric.

MusicMetric tracks real-time music trends within the music industry. The software itself uses semantic analysis to track which bands and record labels are fall or increasing. Once gathered, this data is then compiled and archived, letting customers plot trends, locate negative and positive opinions and establish demographic and geographic popularity, too.

I think MusicMetric has a good chance in this market, but they are going to have the biggest competition from Big Champagne who I think are the leaders.

Tags: music music analysis music industry trend analysis music metric music metrics music trends software