De la Nuez named several companies as operating in adjacent or overlapping spaces, though none of the figures he cited about those companies should be taken as those companies' confirmed data. He described Pendo as a partner and ally rather than a direct competitor, characterizing it as focused on product analytics and the question of what is happening, while UserZoom addresses why and how users behave. He noted that UserZoom's own product team uses Pendo internally.
Regarding Hotjar, which was acquired by Contentsquare on the morning of the September 2021 interview, de la Nuez estimated, in his own words and explicitly asking not to be quoted on it, that Hotjar's revenue was probably in the range of $10 million to $20 million, based on his read of the company's SMB focus and the fact that the acquisition announcement did not disclose terms. This is de la Nuez's personal guess, not a figure Hotjar or Contentsquare confirmed. He said UserZoom was not interested in acquiring Hotjar because Hotjar operates in post-launch analytics rather than pre-production user research.
De la Nuez also referenced Qualtrics, Momentive (formerly SurveyMonkey), and Contentsquare as participants in the broader experience management market, and predicted ongoing convergence across the UX research, CX feedback, and product analytics categories.