Genealogy Products and Services Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market For
The global 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 self-discovery 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 same-sex 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. Established players of the market are Sorenson Molecular Genealogy Foundation, RootsWeb.com, Family History Library, DNAPrint Genomics, Inc. Request a Sample Report @https://www.futurewiseresearch.com/request-sample.aspx?id=1273&page=requestsample Global Genealogy Products and Services Market Segmentation By Category u2022 Family Records u2022 Family Tree u2022 Forum u2022 Cemetry u2022 Newspaper u2022 Blogs u2022 Links u2022 DNA Testing u2022 Others By Products & Services u2022 FamilySearch u2022 Archives u2022 MyHeritage u2022 FindMyPast By Region: u2022 Europe u2022 North America u2022 APAC u2022 Latin America u2022 Rest of World Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/request-sample.aspx?id=1273&page=askfordiscount Competitive Landscape: u2022 Tier 1 players- established companies in the market with a major market share u2022 Tier 2 players u2022 Emerging players which are growing rapidly u2022 New Entrants FutureWise Takeaways: u2022 Growth prospects u2022 SWOT analysis u2022 Key trends u2022 Key data points affecting market growth Objectives of the Study: u2022 To provide with an exhaustive analysis on the genealogy products and services market based on the category, products and services, and region u2022 To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) u2022 To evaluate and forecast micro-markets and the overall market u2022 To predict the market size, in key regions (along with countries)u2014North America, Europe, Asia Pacific, Latin America, and the Middle East u2022 To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions u2022 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 u2022tMarket Taxonomy u2022tMarket Definition 2. Executive Summary u2022tGlobal Market dynamics u2022tTrend Analysis u2022tOpportunity Assessment 3. Global Genealogy Products and Services Market Analysis, by Category, 2019 to 2029 u2022tFamily Records u2022tFamily Tree u2022tForum u2022tCemetry u2022tNewpaper u2022tBlogs u2022tLinks u2022tDNA Testing u2022tOthers 4. Genealogy Products & Services Comparison u2022tFamilySearch u2022tArchives u2022tMyHeritage u2022tFindMyPast 5. Genealogy Products & Services Market Background u2022tHistorically Genetic Testing was limited by Cost u2022tChanging Cost Structure of the Industry u2022tKEY Regulations u2013Regional Analysis u2022tPESTLE Analysis u2022tMarket Positioning Assessment by Region u2022tInvestment Feasibility Matrix u2022tGlobal Healthcare Sector Outlook 6. Global Genealogy Products and Services Market Analysis by Region 2019 to 2029 u2022tNorth America u2022tLatin America u2022tEurope u2022tSouth Asia u2022tEast Asia u2022tOceania u2022tMiddle East and Africa u2022tEmerging Countries 7. Competition Analysis u2022tFamilysearch u2022tGeneanet u2022tWikiTree u2022tAncestry.com u2022tFindmyPast u2022tFamily Tree DNA u2022tBillion Graves u2022t23 and Me u2022tLiving DNA u2022tGenealogyBank u2022tMyHeritage Inquire further details about this report at: sales@futurewiseresearch.com 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 u2013 a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: sales@futurewiseresearch.com Phone: 44 141 628 9353 / 1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
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