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Genealogy Products and Services Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029

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Genealogy products and services market is projected to value over US$ 12 Billion and register a CAGR of over 11% from 2019 to 2029. Genealogy is the study and tracing of lineages and history of an individual's family. Many service providers utilize
Genealogy Products and Services Market Global Trends, Market Share, Industry
Size, Growth, Opportunities, and Market Forecast 2019 to 2029
Genealogy products and services market is projected to value over US$ 12 Billion and
register a CAGR of over 11% from 2019 to 2029.
Genealogy is the study and tracing of lineages and history of an individual's family.
Many service providers utilize multiple various analysis methods as historical records,
genetic analysis to gain essential information regarding an individual's family.
Continuous innovations in technology, increasing use of social networking site and
increasing interest towards genealogy remain the main drivers of the market.
Technological advancements have helped genealogy consumers to keep themselves
updated for genealogical research, which has propelled the growth of the market.
Increasing curiosity regarding culture and heritage alongside a lack of formal records
is fueling the growth of the market.
Growing awareness about genealogy alongside technological advancements remain
vital factors behind the growth of the market. The market is expected to grow
rapidly owing to retrieval and efficient data storage. These two factors remain key
priorities for prominent players. A growing number of commercials promoting selfdiscovery is attracting new consumers and thus expanding the size of the market.
The genealogy market is segmented into by category, by product & services, and by
region. Based on the category the market is bifurcated into family records, family
tree, forum, cemetery, newspaper, blogs, links, DNA testing, and others.
Expanding demand for DNA testing is driving the growth of the market. The
reduction in the costs of DNA sequencing also aided in the growth of the market.
Rising demand for family tree and the family record is also likely to have a positive
influence on the growth of the market during the forecast period.
Based on product & service, the market is bifurcated into FamilySearch, archives,
MyHeritage and FindMyPast. To assure accurate and extensive results, FamilySearch
declared that they will be redesigning its database to comprise data regarding samesex families. The design will be completed by 2019. However, misuse of genealogy
products & services has hindered the growth of the market. Genealogy products and
services are also used for making predictive criminal profiles which can restrain the
growth of the market.
In terms of region, North America holds the majority share of the market. High
awareness, rising interest are some of the factors driving the growth of the market in
the region. Affordability of these tests is also fueling the growth of the market in the
region. Asia-Pacific region is also expected to witness the growth of the market in the
coming years. Increasing penetration of prominent players coupled with rising
interest has made Asia-Pacific a lucrative region for the market. Lack of formal
records in a country like China has resulted in increasing curiosity regarding the
ancient past among public thus driving the growth of the market.
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Established players of the market are Sorenson Molecular Genealogy Foundation,
RootsWeb.com, Family History Library, DNAPrint Genomics, Inc.
Global Genealogy Products and Services Market Segmentation
By Category
• Family Records
• Family Tree
• Forum
• Cemetry
• Newspaper
• Blogs
• Links
• DNA Testing
• Others
By Products & Services
• FamilySearch
• Archives
• MyHeritage
• FindMyPast
By Region
• Europe
• North America
• APAC
• Latin America
• Rest of World
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Competitive Landscape
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data points affecting market growth
Objectives of the Study
• To provide with an exhaustive analysis on the genealogy products and services
market based on the category, products and services, and region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Table of Contents
Genealogy Products and Services Market Analysis global assessment for 2019 to
2029.
1. Market Introduction
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Market Taxonomy
Market Definition
2. Executive Summary
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Global Market dynamics
Trend Analysis
Opportunity Assessment
3. Global Genealogy Products and Services Market Analysis, by Category, 2019 to
2029
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Family Records
Family Tree
Forum
Cemetry
Newpaper
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Blogs
Links
DNA Testing
Others
4. Genealogy Products & Services Comparison
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FamilySearch
Archives
MyHeritage
FindMyPast
5. Genealogy Products & Services Market Background
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Historically Genetic Testing was limited by Cost
Changing Cost Structure of the Industry
KEY Regulations –Regional Analysis
PESTLE Analysis
Market Positioning Assessment by Region
Investment Feasibility Matrix
Global Healthcare Sector Outlook
6. Global Genealogy Products and Services Market Analysis by Region 2019 to 2029
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North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa
Emerging Countries
7. Competition Analysis
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Familysearch
Geneanet
WikiTree
Ancestry.com
FindmyPast
Family Tree DNA
Billion Graves
23 and Me
Living DNA
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GenealogyBank
MyHeritage
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
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Country: United Kingdom
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