Market Size & Trends

Total Addressable Market (TAM)

The TAM is defined as the global market for errand services, benchmarked against the worldwide taxi and food delivery markets:

• Taxi and Ride-Hailing Market: Valued at approximately $150 billion in 2023, led by platforms such as Uber and Bolt.

• Food Delivery Market: Estimated at $200 billion in 2023, with key players including Glovo and Wolt.

• Errand Services Market: Encompassing a broad range of on-demand personal and business errands, this market is comparable in size to the combined ride-hailing and food delivery sectors.

  TAM Estimate: $300–350 billion globally, representing the full potential market for Sanity United’s AI-controlled, renewable energy-powered errand fleet.

Serviceable Available Market (SAM)

The SAM focuses on the global cryptocurrency mining market, which Sanity United integrates as a core operational component:

• Cryptocurrency Mining Market: Valued at approximately $40 billion in 2023, driven by blockchain adoption and institutional investment.

• Sustainable Mining Segment: Growing demand for green energy-powered mining solutions, currently estimated at $5–7 billion globally.

  SAM Estimate: $5–7 billion globally for sustainable cryptocurrency mining solutions.

Serviceable Obtainable Market (SOM)

The SOM represents the realistic market share Sanity United can capture within Denmark, combining the errand services and cryptocurrency mining sectors:

• Denmark’s Market Context: Denmark is a leader in renewable energy adoption, with over 50% of electricity generated from wind and solar power, supported by strong regulatory incentives.

• Errand Services Market in Denmark: Estimated at $500 million annually, with increasing consumer preference for sustainable, zero-emission services.

• Cryptocurrency Mining Market in Denmark: An emerging sector valued at approximately $50 million, with growing interest in green mining solutions.

  SOM Estimate: Approximately $550 million combined market in Denmark, with significant growth potential as green energy integration and AI automation gain traction.