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What is the size of the Q&A (Question and Answer) market in the US? For example, Quora, WikiHow, Whale (app), Jelly, Askers (App), Yahoo Answers are all Q&A platforms.
Hi there! Thank you for your question on the size of the Question and Answer (Q&A) market in the United States. The short version is that, after searching extensively through company websites, news articles, data sites, and other relevant industry-related websites, I have determined that the information you requested is not publicly available because there is simply not enough information to arrive at a conclusive answer to your question. However, I was able to gather information on some of the more prominent companies (e.g. Quora, WikiHow, Reddit) within the market as well as emerging companies, including revenue estimates and traffic data. As requested, information found will be presented in bullet point format. Below is a deep dive into my research and methodology.
METHODOLOGY
To answer your question, I used Google and Wonder's resources database as my primary research tools. Through these tools, I conducted a thorough search for relevant websites and news articles (e.g. Forbes, TechCrunch). I did find some, however, none of the sources found provided any insight that either offered a direct answer to your question or offered a pathway to triangulating a potential answer.
However, I can provide you with a list of some of the key players:
HELPFUL FINDINGS
While I could not find a direct answer to your question, I was able to gather some information about this topic, which I think will be helpful for your project.
- Quora was valued at approximately US$900 million when it closed its Series C funding, having raised US$80 million, in 2014.
- There are approximately 100 million monthly visitors, 50% of which are from the U.S. and 15% are from India.
- The company recently began using ads, which may have influenced its recent increase in monthly visitors (the site is up by 20 million since January).
- For 2017, Quora plans to make changes in its review process, focusing on diminishing content that is spam and harassment. Anonymous users will only be able to ask and share answers rather than submit answers.
- WikiHow specializes in community-fed and carefully curated answers to variety of questions.
- In 2016, the company acquired Dublin start-up Guidecentral, which should have the effect of increasing WikiHow's mobile traffic. Guidecentral gets approximately 83% of its traffic from mobile (WikiHow gets approximately 63%).
- The website receives approximately 150 million global users who ask more than 18 billion questions annually (~4 million questions daily)
- The site focuses on drawing millennial users.
- Brainly, a Polish school education-oriented Q&A startup, is used in 35 countries across Europe, South America and Asia.
- The website receives approximately 30 million visitors per month, with a total of 8 million questions answered.
Q&A COMPANY OF INTEREST (NON-US)
I decided to include information on the Q&A app by Chinese news site Quokr.com because of its highlight on Forbes.com, unique approach and valuation.
- Fen Da is an Q&A app that allows users to submit inquiries to celebrities and experts from a variety of fields.
- Celebrities that have answered questions include Bill Gates, President Barack Obama, and rapper Snoop Dog.
POSSIBLE CONTINUED RESEARCH
In understanding what types of information are and are not publicly available on this topic, I’ve suggested a few other routes you may be interested in researching:
1. Exploring how the top 3 Q&A websites differentiate themselves.
2. Exploring how non-US Q&A websites are or will impact the current market.
CONCLUSION
To wrap it up, after searching extensively through company websites, news articles, data sites, and other relevant industry-related websites, I have determined that the information you requested is not publicly available because there is simply not enough information to arrive at a conclusive answer to your question. However, I learned that some of the key players within the market are 1) WikiHow, 2) Quora, and 3) Reddit. If you’d like to continue research on any of the other topics I’ve outlined above, just let us know!
Thanks for using Wonder!