Markets, industries & categories · Core
Addressable market
Also called: reachable market
ELI5
The customers the company could actually serve.
Used in conversation
“The addressable market is smaller than the headline industry number.”
Definition
The portion of a broad market a company could realistically serve given its offer and constraints.
Here “Addressable market” means: The portion of a broad market a company could realistically serve given its offer and constraints.
Pitch context
You will see “Addressable market” in strategy decks, market analyses, business plans and planning workshops when the discussion reaches markets, industries & categories.
Why it matters: It helps a reader interpret markets, industries & categories without confusing the measure, decision, role or evidence being discussed.
Sources & evidence · 5
Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.
- Strategyzer — Business Model Canvas resourcesSupporting source family · practitioner · checked 2026-08-16
- Strategyzer — Value Proposition Canvas resourcesSupporting source family · practitioner · checked 2026-08-16
- LEANSTACK — Lean CanvasSupporting source family · practitioner · checked 2026-08-16
- U.S. Department of Justice Antitrust Division — Herfindahl-Hirschman IndexSupporting source family · primary · checked 2026-08-16
- U.S. Census Bureau — Business and economy dataSupporting source family · primary · checked 2026-08-16