But I think the space and market is too wide. And demand is increasing and will be increasing as per TAM. So why not.
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Why so much emphasis on TAM?
This is why..
TAM's Importance for Founders:
1. Market assessment baseline
2. Investor communication tool
3. Business planning guide
4. Strategic thinking catalyst
5. Growth opportunity identifier
6. Adaptability promo
Validating the Idea: Affordable Space-Saving Furniture Business:
With rising urbanization and in rural areas shrinking living spaces, the demand for space-saving furniture is increasing globally. Small apartments, co-living spaces, and compact offic
