Calculate TAM, SAM and SOM without making them up

Top-down vs. bottom-up market sizing, with worked examples.

7 min read intermediateUpdated Apr 6, 2025
BI
Reviewed by the editorial team · Apr 6, 2025

Step by step

  1. 01

    Define each layer

    TAM = total demand. SAM = the slice you can serve. SOM = realistic 3-year capture.

  2. 02

    Top-down

    Industry report × your % share. Fast, less defensible.

  3. 03

    Bottom-up

    Number of customers × ACV. Slower, much more credible.

  4. 04

    Triangulate

    If top-down and bottom-up differ by 10x, your assumptions are off.

  5. 05

    Cite sources

    Investors will check. Use Gartner, Statista, government data.

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