Back

Ansh Kadam

Founder & CEO at Bui...ย โ€ขย 8m

If you are a business owner and think that we are a market of 1.2 Billion Indians, then you are wrong. Why I say this is because the TAM (Total Addressable Market), which is the area that you operate in, says some different data. As per Google in India, there are - 700 million smartphones 850 million internet subscriptions 104 million credit cards 864 million Indians have a bank account 384 million Indians can afford basic needs like food, clothing & shelter 713 million Indians will be there in the middle class till 2030 The above is just an example, and this will segment down even further as per the TAM your business operates in. So the lesson is that whenever you are looking at a business to get into or already have a business, you should always check the TAM as that will decide how much growth potential you have. Share the value with someone who may need it.

2 Replies
1
1
Replies (2)

More like this

Recommendations from Medial

Mahendra Lochhab

Content creatorย โ€ขย 5m

In 2024, Indians bought 883 million movie tickets, 6 per cent fewer than in the previous year. They spent over Rs 11,800 crore on those tickets, about 3 per cent less than in 2023.

Reply
3
Image Description

Sagar Motwani

Hey I am on Medialย โ€ขย 9m

To enter a market, understanding three key metrics is most important in any business field: 1) TAM (Total Addressable Market): The total demand for a product or service without limitations. Example: If 10 million people worldwide might buy $100 he

See More
2 Replies
15
10
Image Description
Image Description

Setu

Student | Freelancer...ย โ€ขย 1y

As per the new reports Blinkit have Collected More revenue than Zomato. This proves that Indians need everything quickly. Including me.

10 Replies
1
16
Image Description
Image Description

Tarun Suthar

ย โ€ขย 

The Institute of Chartered Accountants of Indiaย โ€ขย 2m

How to calculate your Total Addressable Market (TAM)โ“๏ธ Market Size: 9 out of 10 Startups are doing it wrong ๐Ÿ˜ It is not: โŒ๏ธ The total size of the problem โŒ๏ธ The TAM of your competitors โŒ๏ธ The size of the entire industry Example: Wrong Marke

See More
Reply
10
18
2
Image Description
Image Description

Aarihant Aaryan

Prev- Founder & CEO ...ย โ€ขย 4m

Every month 1 Million Indians enter the workforce and we only have 275k open job opportunities

3 Replies
1
21

Sameer Patel

Work and keep learni...ย โ€ขย 1y

Business Terms TAM stands for Total Addressable Market, a key metric in business. It estimates the total revenue possible by selling your product to everyone in the market who could potentially benefit from it.Businesses use TAM to gauge market size,

See More
Reply
4
Image Description

Vivek kumar

On medialย โ€ขย 4m

Indians react to US offering 'gold card' for $5 million: 'Called my broker at 8am to sell the.

2 Replies
1

Mahendra Lochhab

Content creatorย โ€ขย 1y

In 2021, Indians spent $5โ€“10 per person on virtual purchases, which is lower than the global average of $130โ€“140 per person in 2020.

Reply
2
Image Description
Image Description

Havish Gupta

Figuring Outย โ€ขย 5m

OpenAI has booked a 30 second ad at the Super Bowl for $8 million (Forbes). While that may sound massive, considering the 200 million Super Bowl viewers, the cost per person comes down to just $0.04. Your thoughts?

7 Replies
4
32

Download the medial app to read full posts, comements and news.