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Addressable Market

From the US Economy to a Defensible Addressable Market

Four levels separate underlying economic activity from software expenditure, from filtered addressable demand and from an obtainable customer base. Overlapping published categories are discounted rather than summed.

Level 1 — Total Economic Context

Published

Underlying Economic Activity

US$93.17B

US maintenance, repair and operations market, 2025. This is not software TAM and is never treated as TorqueSpec AI revenue opportunity.

Level 2 — Relevant Software Market Envelope

Published US EAM, predictive maintenance and FSM values plus user-entered connected-compliance expenditure, with pairwise overlap discounts and a multi-category residual adjustment.

EAM versus predictive maintenance overlap
25%
EAM versus FSM overlap
20%
Predictive maintenance versus FSM overlap
10%
Multi-category residual adjustment
10%
US$

Illustrative assumption — editable. No published figure is asserted for this layer.

US EAM (2025, published)US$2.90B
US predictive maintenance (2026, published)US$3.83B
US FSM (2025, published)US$1.38B
Connected-compliance allowance (modelled)US$600.0M
Simple unadjusted totalUS$8.71B
Less: EAM ∩ Predictive maintenance− US$725.0M
Less: EAM ∩ Field service management− US$276.4M
Less: Predictive maintenance ∩ Field service management− US$138.2M
Less: Multi-category residual adjustment− US$757.3M
Total overlap deduction− US$1.90B
Overlap-adjusted software envelopeUS$6.82B

Modelled output based on selected assumptions. Published categories are reported at their source geography and base year; overlap discounts are internal assumptions.

Level 3 — Serviceable Addressable Market

Filters narrow the software envelope to demand TorqueSpec AI can serve. Some filters are correlated, so a weighted-score method is offered alongside multiplication.

Industry relevance
55%
Compliance sensitivity
40%
Digital readiness
45%
Connected-tool availability
35%
Suitable execution workflows
35%
US industry weighting (geographic and enterprise-size focus)
100%
Overlap-adjusted software envelopeUS$6.82B
Multiplicative method resultUS$236.1M
Weighted-score method resultUS$3.03B
Selected SAM (multiplicative)US$236.1M

Filters are not multiplied blindly. Where criteria are correlated — for example digital readiness and connected-tool availability — the weighted-score method avoids compounding the same restriction twice.

Level 4 — Serviceable Obtainable Market

Customer count, contract value, adoption schedule, churn and implementation capacity convert the SAM into an obtainable revenue position.

US$
Adoption schedule
5 years
Annual logo churn
5%
Implementation capacity per year
40 customers
Sales-cycle duration
9 months
Calculated
Annual recurring revenueUS$6.65M
Cumulative contracted revenueUS$21.6M
Enterprise customers40
Users18,000
Assets360,000
Annual evidenced workflows7.20M
Calculated
SAM (selected method)US$236.1M
Capture percentage0.50%
SOM at selected captureUS$1.18M
Implied customers at current ACV7
Average annual contract valueUS$175,000

Addressable under selected assumptions. No particular market share is asserted or implied.

From economy to modelled revenue

Each bar restates the prior figure after the stated adjustment. Colour and pattern label distinguish published, modelled and calculated values.

Calculated
◆ Published figure▲ Assumption applied● Calculated output

Logarithmic horizontal scale is used because the stages differ by several orders of magnitude.

Source: Composite: published market sources plus internal modelling assumptions · Base year 2025–2026 · Accessed 2 August 2026