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# Euclidean volume of the unit ball of matrices under the matrix norm

The matrix norm for an n-by-n matrix A is defined as |A|=max(|Ax|) where x ranges over all vectors with |x|=1, and the norm on the vectors in R^n is the usual Euclidean one. This is also called the induced (matrix) norm, the operator norm, or the spectral norm. The unit ball of matrices under this norm can be considered as a subset of R^(n^2). What is the Euclidean volume of this set? I'd be interested in the answer even in just the 2-by-2 case.