SingularityNET enters the market of API for AI marketplace. Blockchain in API economy is on its rise and will reach plateau in the next 2-5 years, according to Gartner. Hundreds more APIs get published every month; therefore, this market is highly competitive. There are both big players (Amazon, Google, Facebook, IBM, Microsoft), as well as the small ones (Nara Logics, Clarifai, Algorithmia, Bonseyes), trying to capture the market of AI for all. The hype around the API economy is still growing, but it might reach the Peak of Inflated Expectations in the next couple of years. AI could contribute up to $15.7 trillion to the global economy in 2030, more than the current output of China and India combined, according to PwC. As SingularityNET is aiming to create marketplace for AI, it should consider the sectors that will gain maximum growth rates among AI spheres. The most beneficial areas are healthcare, automotive, financial services. In this regards, it might be beneficial for SingularityNET to focus on Biomedical research in the first 2 years of development. To sum up, the market for SingularityNET has growth potential. However, the competition might be harsh as large players have significant power and existing solutions in this area.