1. Understanding the TAM:
- Total Addressable Market (TAM): The global media and entertainment agency market is estimated at $335 billion.
- Geographic Focus:
- The UK and US together account for 76% of this market:
TAM (UK & US) = 76% * $335Bn = 254.6 billion USD
2. Number of Agencies in Target Regions:
- UK: There are over 17,000 media agencies in the UK.
- US: There are approximately 54,000 media agencies in the US.
- Total Agencies in the UK and US:
Total Agencies = 17,000 + 54,000 = 71,000 Agencies
3. Calculating Average Revenue per Agency:
- Based on UK data
Average Revenue per Agency = £35 billion / 17,000 agencies = £2.06 million Turnover per agency (Conservative)
- Assuming a similar average revenue for US agencies:
Total Revenue for UK + US Agencies ≈ 71,000×£2.06 million ≈ £146.3 billion
- Converting to USD (assuming an exchange rate of 1.3):
Total Revenue ≈ 146.3 × 1.3 = 190.2 billion USD
4. Estimating the SAM:
- Target Market Focus: Let's assume MONET can realistically target 40-60% of this revenue segment due to our specific offering in tech-driven financing, campaign management, and back-office. Taking a conservative approach with 50% penetration:
- SAM= 50% × 190.2 billion USD ≈ 95.1 billion USD
Conclusion:
A reasonable estimate for MONET’s Serviceable Available Market (SAM) is around $95.1 billion. This SAM represents the revenue potential from media and entertainment agencies in the UK and US that align with MONET’s capabilities in financial operations, campaign management, and tech-driven financing solutions. This refined calculation better illustrates the significant market opportunity that MONET can tap into.