Asia
The current population of Asia is 4,716,448,660 in 2022, based on the latest United Nations estimates. Asia population is equivalent to 59.76% of the total world population.
As per age wise distribution of population we observe that our highly targeted niche of (18-35) year old people makes (42%) of whole population.
Total population of Asia is =4,716,448,660 (4,7 Mrd.)
Total population of Asia at Age group of (18-35) is 42% = 1,980,908,437 (1.98 Mrd.)
Taking out the people who don't have the financial abilities, or other various backgrounds like war, politics , no access to internet in their region etc. enabling them to join (56%)-
Our TAM ( Total Adressable Market) in Asia is around 871.200.000 (871 million).
Marketsize
Our estimated average cart value is 99$ monthly.
Total market size in Asia - (871 million).
Calculation of annual revenue-
Monthly Revenue - (871 million) * $99= 86.248.800.000 (86.2 billion$)
Annual Revenue = 1.034.985.600.000 = (1 trillion)
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