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Phase 02 · Customer & Market Understanding
TAM / SAM / SOM
Size the total, serviceable, and obtainable market
Venture capital / strategy tradition · 1980s-1990s ★ Must Know

TAM/SAM/SOM is a market sizing framework. TAM (Total Addressable Market) is the full market if you had 100% share. SAM (Serviceable Addressable Market) is the segment you can reach. SOM (Serviceable Obtainable Market) is your realistic near-term capture.


Business cases, investment decisions, roadmap prioritisation across opportunities, and when presenting to leadership or investors.


  1. TAM: Total global market for this category — use both top-down (industry reports) and bottom-up (customers × spend)
  2. SAM: Portion of TAM you can actually serve given geography, product fit, and go-to-market
  3. SOM: Realistic capture in 1-3 years given resources and competition
  4. Sanity check: SOM should be 1-5% of SAM for early-stage products
  5. Document your assumptions explicitly — they matter more than the numbers

🎵 Spotify

TAM = global music consumption spend (~$25B streaming market). SAM = markets where smartphone penetration and disposable income support a subscription model. SOM = Spotify's realistic subscriber growth in a new market like India in year 1-2, accounting for price sensitivity and local competition. Each layer requires different pricing and product decisions.

📊 Trade Surveillance

Please contact the author for more information on these examples at linkedin.com/in/kshitijrege



Venture capital / strategy tradition 1980s-1990s


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