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Background Check Services in the US - Industry Market Research Report

  • ID: 2510473
  • Report
  • Region: United States
  • 32 pages
  • IBISWorld
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Back story: Improvements in the labor market are expected to sustain demand for industry services

FEATURED COMPANIES

  • First Advantage
  • SterlingBackcheck
  • MORE

Background Check Services

Over the five years to 2019, the Background Check Services industry has performed well. Improvements in the labor market and a decline in rental vacancy rates over the past five years have boosted demand for background check services, as more people were offered jobs and the rental market became more competitive. The growth of online services has enabled start-ups to more easily enter this industry; however, a higher number of traditional operators have been forced out of the industry as they have been slow to respond to the changing environment. Over the five years to 2024, industry operators are expected to benefit from continued success in the labor market, as well as a low unemployment rate, which will propel revenue as increased hiring prompts businesses to use industry services. However, strong growth may be mitigated by an anticipated increase in vacancy rates, which will diminish demand from apartment leasing companies.

Operators in this industry offer tenant and employment background screening to consumers, landlords, corporations and other organizations.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • First Advantage
  • SterlingBackcheck
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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  • First Advantage
  • SterlingBackcheck
Note: Product cover images may vary from those shown
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