POTENTIAL
1.4 billion global tourists annually
Americans drive approximately 3.2 trillion miles each year.
100 million Americans take vacations every year
About 50 million Americans take at least one car trip of more than 500 miles each year.
Roughly 200 million English-speaking tourists are expected to travel outside their home country in 2024
Potential Business Models
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Subscription
Offer the app as a subscription service with a monthly or yearly fee.
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Commission Based
Local businesses who promote their products and services through the app pay a commission on any bookings or sales that result from the app.
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Freemium
Offer the app for free to all users with basic features, but charge a premium for advanced features.
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Advertising Model
Use programmatic advertising to display ads within the app based on users' location.
Subscription
ADDRESSABLE MARKET: ~200 million English-speaking tourists are expected to travel outside their home country in 2024
SERVICEABLE MARKET: 10% of the addressable market, or about 20 million tourists
ANNUAL SUBSCRIPTION: $20
ANNUAL REVENUE: $400 million
COMMERCIAL USES
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Individuals and businesses can enter points of interest or create tours.
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Real estate agents can load listings and distribute the app to homebuyers.
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Colleges can create campus tours for prospective students and their families.
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Chambers of commerce and historical societies can highlight businesses and history.
FUTURE
Site:See can be an indispensable component of the infotainment ecosystem in autonomous vehicles.
The autonomous vehicle industry is expected to reach a market value of $7 trillion by 2050.
Site:See is positioned to integrate seamlessly with the advanced driver assistance systems of autonomous vehicles.