During the five years to 2013, this industry saw high growth rates in terms of demand and revenue. High unemployment gave people more leisure time, leading them to use ancestry research services more often. In the next five years, demand will continue to rise but at a slower rate. As the unemployment rate starts to fall, people will have less time to spend using industry services; however, as the baby-boomer population retires, they will start to use more ancestry research services.
This industry provides genealogy research services. Industry operators typically provide a study of an individual's ancestral roots through access to historical records.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.