Mobius

TAM vs SAM vs SOM

These three market-sizing figures narrow from the theoretical maximum down to what a business can realistically capture. Investors expect all three, not just the biggest, most impressive number.

TAM, Definition:

Total demand for a product category if everyone who could buy it did

SAM, Definition:

The portion of TAM reachable given your business model and geography

SOM, Definition:

The portion of SAM you can realistically win given competition and resources

TAM, Typical size:

Largest

SAM, Typical size:

Middle

SOM, Typical size:

Smallest, most realistic

TAM, Used for:

Showing the size of the opportunity

SAM, Used for:

Showing a realistic addressable slice

SOM, Used for:

Showing near-term revenue potential

DefinitionTotal demand for a product category if everyone who could buy it didThe portion of TAM reachable given your business model and geographyThe portion of SAM you can realistically win given competition and resources
Typical sizeLargestMiddleSmallest, most realistic
Used forShowing the size of the opportunityShowing a realistic addressable sliceShowing near-term revenue potential