According to FutureWise analysis the market for Genealogy Products and Services in 2023 was US$ 5.4 billion, and is expected to reach US$ 12.9 billion by 2031 at a CAGR of 11.2%.
Genealogy research is the process of tracing ancestors and researching a family's past to determine their lineage. Numerous service providers in the genealogy industry make use of different types of analysis. Oral interviews, genetic testing, historical records, and other techniques are used to collect data on the concerned family. By compiling information about the family, genealogists can determine a person's ancestry as well as the link between family members. In recent years, this field has become more and more well-liked in many regions of the world. This has sparked an increase in the demand for genealogical products worldwide.
The process of tracing a family's lineage and researching its history in order to do so is referred to as genealogy. Family history is another name for genealogy. A few factors driving the industry are the lack of official records and growing interest in culture and history. In the area of genealogy, there are numerous service providers who employ different types of analysis. These services do their research using a range of techniques and genealogical resources, such as oral interviews, historical documents, birth certificates, death certificates, marriage certificates, genetic testing, etc. It assists individuals who desire to learn about the history of their ancestors.
According to the research study conducted by FutureWise research analysts, the Genealogy Products and Services Market is anticipated to attain substantial growth by the end of the forecast period.
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Genealogy Products and Services Market Segmentation:
By Products & Services
- Family Records
- Family Tree
- Forum
- Cemetery
- Newspaper
- Blogs
- Links
- DNA Testing
- Others
By Application
- Household
- Institution
By Region
- Europe
- North America
- Asia-Pacific
- Latin America
- Middle East and Africa
Competitive Landscape in Genealogy Products and Services Market:
- Familysearch
- Geneanet
- Wikitree
- Ancestry
- Findmypast
- Family Tree DNA
- Billion Graves
- 23 And Me
- Living DNA
- Genealogy Bank
- Myheritage
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Genealogy Products and Services Market By Products & Services, By Application and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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