Can this be Hamxaa's market size?- How big is the oppurtunity
The global automotive repair and maintenance industry is projected to reach approximately $1.05 trillion USD in 2025, growing at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2025. ....The Business Research Company⛳ In Canada, the automotive repair and maintenance industry is valued at approximately $12.6 billion CAD in 2025, encompassing over 44,800 businesses nationwide. Statistics Canadađź‘Š Assuming a conservative annual SaaS expenditure of $3,000 per shop for services such as CRM, scheduling, invoicing, and inventory management, the Total Addressable Market (TAM) for a platform like Hamxaa in Canada is estimated at $134 million CAD annually (44,800 shops × $3,000). Focusing on Alberta, which hosts approximately 5,000 auto repair shops, the Serviceable Available Market (SAM) would be $15 million CAD annually (5,000 shops × $3,000). If Hamxaa captures 5% of the Alberta market, equating to 250 shops, the Serviceable Obtainable Market (SOM) would be $750,000 CAD annually (25...