/the-market

The Market

Status: draft Owner: Gregorio Reviewer: Robbie Confidence: medium Source: market-estimate Updated: 2026-05-28

TAM, SAM, SOM — disciplined, not inflated.

The mistake would be sizing Lightbulb against the entire AI market. The better frame is a layered market: AI agents as TAM, North American AI-agent adoption as SAM, and a Canada-led controlled-AI-operations wedge as SOM.

Market sizing

MetricEstimateMethodConfidence
TAM$10.91BGlobal AI agents market estimate for 2026Medium-high
SAM~$4.32BNorth America share estimate of global AI-agent categoryMedium
SOM$1.5M–$4.3MDirectional 3-year obtainable wedge from pilots, implementation, and expansionLow until validated

Interpretation

LayerMeaningStrategic useRisk
TAMGlobal AI-agent software demandShows category momentumToo broad for GTM
SAMNorth American AI-agent opportunitySupports Canada/US expansion storyStill generic unless tied to controlled operations
SOMReachable revenue from first wedgeUseful for VC milestones and founder execution planDepends on pilots, pricing, conversion, and implementation capacity

Important caveat

SOM is not a fact. It is an assumption model. It must be validated through pricing, pilot conversion, implementation capacity, sales cycle, and customer willingness to pay.