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Europe Employment Screening Services Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Services, End-User Industry, and Organization Size

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    Report

  • 110 Pages
  • July 2021
  • Region: Europe
  • The Insight Partners
  • ID: 5416549
UP TO OFF until Sep 30th 2023
IT & Telecom Segment to Dominate Europe Employment Screening Services during 2020-2028.

According to a new market research study on “Europe Employment Screening Services to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Services, End-user Industry, and Organization size,” is expected to reach US$ 1457.39 million by 2028 from US$ 1053.28 million in 2021. The market is estimated to grow at a CAGR of 4.7% from 2021 to 2028. The report provides trends prevailing in the Europe employment screening services along with the drivers and restraints pertaining to the market growth. Demand for time efficient selection systems owing to rising number of job applicants are the major factor driving the growth of the Europe employment screening services. However, inadequacy of defined regulations in certain countries hinder the growth of Europe employment screening services.

In Europe, the COVID-19 pandemic has a different impact on different countries, as only selective countries have witnessed the rise in the number of cases and subsequently attracted strict, as well as prolonged, lockdown periods or social isolation norms. However, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their growth activities because of the robust healthcare systems. According to a new study from Eurostat, the European Union's statistical office, the unemployment rate remained relatively constant from September to December in 2020, with an annual increase of 7.5% percent in 2020 compared to that of 6.5% in 2019. According to a Eurostat report In December 2020, 16 million men and women were unemployed, which indicates a surge of 2 million over that in the previous year. This had a negative impact on the European employment screening services market. However, with the declining COVID-19 cases across the country on average as well as manufacturing units, hospitality sector, and retail stores resuming their normal course of business have propelled the demand for employees across the European countries. This has led to the increase in recruitment across the region in many industries, thereby bolstering the employment screening services market growth.

The market for employment screening services is segmented into services, End-user, organization size, and country. Based on services the employment screening services market has been segmented on the basis of service into background screening, verification, and medical and drug testing. The verification segment dominated the employment screening services market in 2020. Based on background screening services the employment screening services market has been segmented into credit check, criminal record. Based on verification services the employment screening services market has been segmented into qualification, employment history verification, reference, others. Based on End-user industry the employment screening services market has been segmented into IT & telecom, BFSI, government agencies, travel & hospitality, manufacturing, retail, healthcare, and others. The IT & telecom segment dominated the employment screening services market in 2020. Based on organization size the employment screening services market has been segmented into large-size enterprise and SMEs. The large-size enterprise segment dominated the employment screening services market in 2020.

CAPITA PLC; FIRST ADVANTAGE; HIRERIGHT, LLC; PINKERTON CONSULTING & INVESTIGATIONS, INC; STERLING TALENT SOLUTIONS; TRITON INC; are among the leading companies in the Europe employment screening services. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2017, The UK’s national qualifications agency UK NARIC has launched a new initiative to combat fraud in academic credentials, through an agreement with The DataFlow Group, a company specializing in document verification, background screening and immigration compliance.

The report segments the Europe Employment Screening Services as follows:


Europe Employment Screening Services - By Services

  • Background Screening
  • Credit Check
  • Criminal Record
  • Verification
  • Qualification
  • Employment History Verification
  • Reference
  • Others
  • Medical & Drug Testing

Europe Employment Screening Services - By End-user Industry

  • IT & Telecom
  • BFSI
  • Government Agencies
  • Travel & Hospitality
  • Manufacturing
  • Retail
  • Healthcare
  • Others

Europe Employment Screening Services - By Organization Size

  • SMEs
  • Large Enterprises

Europe Employment Screening Services - By Country

  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Rest of Europe

Reasons to buy:

  • To understand the Europe employment screening services landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe employment screening services
  • Efficiently plan M&A and partnership deals in Europe employment screening services by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe employment screening services
  • Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region
Frequently Asked Questions about the European Employment Screening Services Market

What is the estimated value of the European Employment Screening Services Market?

The European Employment Screening Services Market was estimated to be valued at $1053.28 Million in 2021.

What is the growth rate of the European Employment Screening Services Market?

The growth rate of the European Employment Screening Services Market is 4.7%, with an estimated value of $1457.39 Million by 2028.

What is the forecasted size of the European Employment Screening Services Market?

The European Employment Screening Services Market is estimated to be worth $1457.39 Million by 2028.

Who are the key companies in the European Employment Screening Services Market?

Key companies in the European Employment Screening Services Market include CAPITA PLC, FIRST ADVANTAGE, GOODHIRE, HIRERIGHT, LLC, PINKERTON CONSULTING & INVESTIGATIONS, INC and STERLING TALENT SOLUTIONS.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Employment Screening Services Market - By Services
1.3.2 Europe Employment Screening Services Market - By Background Screening
1.3.3 Europe Employment Screening Services Market - By Verification
1.3.4 Europe Employment Screening Services Market - By Application
1.3.5 Europe Employment Screening Services Market - By Organization Size
1.3.6 Europe Employment Screening Services Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Employment Screening Services Market Landscape
4.1 Market Overview
4.1.1 Europe PEST Analysis
4.2 Expert Opinion
5. Europe Employment Screening Services Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Demand for time efficient selection systems owing to rising number of job applicants
5.1.2 Growing mobile workforce and job immigrants owing to globalization
5.1.3 Need to mitigate risks for an organization on account of increasing fraudulent applications
5.2 Market Restraints
5.2.1 Inadequacy of defined regulations in certain countries
5.2.2 Worry related to confidentiality of individuals
5.3 Market Opportunities
5.3.1 Introduction of Big Data
5.4 Future Trends
5.4.1 Legal compliance
5.4.2 Demand of enterprise level software and database
5.4.3 Increasing adoption of advanced technologies such as blockchain in employee screening industry
5.4.4 Modifications in background screening processes
5.4.5 Boom in Continuous Screening Processes Among Organizations
5.5 Impact Analysis of Drivers and Restraints
6. Employment Screening Services Market - Europe Analysis
6.1 Europe Employment Screening Services Market Overview
7. Europe Employment Screening Services Market Analysis - By Services
7.1 Overview
7.2 Europe Employment Screening Services Market Breakdown, By Services, 2020 & 2028
7.3 Background Screening
7.3.1 Overview
7.3.2 Background Screening Market Revenue and Forecasts to 2028 (US$ Mn)
7.3.3 Credit Check
7.3.3.1 Overview
7.3.3.2 Credit Check Market Revenue and Forecasts to 2028 (US$ Mn)
7.3.4 Criminal Record Check
7.3.4.1 Overview
7.3.4.2 Criminal Record Market Revenue and Forecasts to 2028 (US$ Mn)
7.4 Verification
7.4.1 Overview
7.4.2 Verification Market Revenue and Forecasts to 2028 (US$ Mn)
7.4.3 Qualification
7.4.3.1 Overview
7.4.3.2 Qualification Market Revenue and Forecasts to 2028 (US$ Mn)
7.4.3.3 Employment History Verification
7.4.3.3.1 Overview
7.4.3.3.2 Employment History Verification Market Revenue and Forecasts to 2028 (US$ Mn)
7.4.3.4 Reference
7.4.3.4.1 Overview
7.4.3.4.2 Reference Market Revenue and Forecasts to 2028 (US$ Mn)
7.4.3.5 Others
7.4.3.5.1 Overview
7.4.3.5.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
7.5 Medical & Drug Testing
7.5.1 Overview
7.5.2 Medical & Drug Testing Market Revenue and Forecasts to 2028 (US$ Mn)
8. Europe Employment Screening Services Market Analysis - By End-User Industry
8.1 Overview
8.2 Europe Employment Screening Services Market Breakdown, By End-User Industry, 2020 & 2028
8.3 IT & Telecom
8.3.1 Overview
8.3.2 IT & Telecom Market Forecast and Analysis
8.4 BFSI
8.4.1 Overview
8.4.2 BFSI Market Forecast and Analysis
8.5 Government Agencies
8.5.1 Overview
8.5.2 Government Agencies Market Forecast and Analysis
8.6 Travel & Hospitality
8.6.1 Overview
8.6.2 Travel & Hospitality Market Forecast and Analysis
8.7 Manufacturing
8.7.1 Overview
8.7.2 Manufacturing Market Forecast and Analysis
8.8 Retail
8.8.1 Overview
8.8.2 Retail Market Forecast and Analysis
8.9 Healthcare
8.9.1 Overview
8.9.2 Healthcare Market Forecast and Analysis
8.10 Others
8.10.1 Overview
8.10.2 Others Market Forecast and Analysis
9. Europe Employment Screening Services Market - By Organization Size
9.1 Overview
9.2 Europe Employment Screening Services Market Breakdown, by Organization Size, 2020 & 2028
9.3 Small and Medium-Sized Enterprises (SMEs)
9.3.1 Overview
9.3.2 SMEs Market Revenue and Forecasts to 2028 (US$ Mn)
9.4 Large Enterprises
9.4.1 Overview
9.4.2 Large Enterprises Market Revenue and Forecasts to 2028 (US$ Mn)
10. Europe Employment Screening Services Market - Country Analysis
10.1 Overview
10.1.1 Europe Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
10.1.2 Europe Employment Screening Services Market Breakdown, By Country
10.1.2.1 France Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
10.1.2.1.1 France Employment Screening Services System Market Breakdown, By Services
10.1.2.1.2 France Employment Screening Services Market Breakdown, By End-user Industry
10.1.2.1.3 France Employment Screening Services Market Breakdown, By Organization Size
10.1.2.2 Germany Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
10.1.2.2.1 Germany Employment Screening Services System Market Breakdown, By Services
10.1.2.2.2 Germany Employment Screening Services Market Breakdown, By End-user Industry
10.1.2.2.3 Germany Employment Screening Services Market Breakdown, By Organization Size
10.1.2.3 UK Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
10.1.2.3.1 UK Employment Screening Services System Market Breakdown, By Services
10.1.2.3.2 UK Employment Screening Services Market Breakdown, By End-user Industry
10.1.2.3.3 UK Employment Screening Services Market Breakdown, By Organization Size
10.1.2.4 Italy Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
10.1.2.4.1 Italy Employment Screening Services System Market Breakdown, By Services
10.1.2.4.2 Italy Employment Screening Services Market Breakdown, By End-user Industry
10.1.2.4.3 Italy Employment Screening Services Market Breakdown, By Organization Size
10.1.2.5 Spain Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
10.1.2.5.1 Spain Employment Screening Services System Market Breakdown, By Services
10.1.2.5.2 Spain Employment Screening Services Market Breakdown, By End-user Industry
10.1.2.5.3 Spain Employment Screening Services Market Breakdown, By Organization Size
10.1.2.6 Rest of Europe Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
10.1.2.6.1 Rest of Europe Employment Screening Services System Market Breakdown, By Services
10.1.2.6.2 Rest of Europe Employment Screening Services Market Breakdown, By End-user Industry
10.1.2.6.3 Rest of Europe Employment Screening Services Market Breakdown, By Organization Size
11. Impact of COVID-19 Pandemic on Europe Employment Screening Services Market
11.1 Europe: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Market Initiatives
12.2 Mergers and Acquisitions
12.3 New Developments
13. Europe Employment Screening Services Market - Company Profile
13.1 CAPITA PLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.3 FIRST ADVANTAGE
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 HIRERIGHT, LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 PINKERTON CONSULTING & INVESTIGATIONS, INC.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 STERLING TALENT SOLUTIONS
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 About
14.2 Glossary of Terms
List of Tables
Table 1. Europe Employment Screening Services Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Europe Employment Screening Services Market Revenue and Forecast to 2028 - By Country (US$ Mn)
Table 3. France Employment Screening Services Market Revenue and Forecast to 2028 - By Services (US$ Mn)
Table 4. France Employment Screening Services Market Revenue and Forecast to 2028 - By Background Screening (US$ Mn)
Table 5. France Employment Screening Services Market Revenue and Forecast to 2028 - By Verification (US$ Mn)
Table 6. France Employment Screening Services Market Revenue and Forecast to 2028 - By End-user Industry (US$ Mn)
Table 7. France Employment Screening Services Market Revenue and Forecast to 2028 - By Organization Size (US$ Mn)
Table 8. Germany Employment Screening Services Market Revenue and Forecast to 2028 - By Services (US$ Mn)
Table 9. Germany Employment Screening Services Market Revenue and Forecast to 2028 - By Background Screening (US$ Mn)
Table 10. Germany Employment Screening Services Market Revenue and Forecast to 2028 - By Verification (US$ Mn)
Table 11. Germany Employment Screening Services Market Revenue and Forecast to 2028 - By End-user Industry (US$ Mn)
Table 12. Germany Employment Screening Services Market Revenue and Forecast to 2028 - By Organization Size (US$ Mn)
Table 13. UK Employment Screening Services Market Revenue and Forecast to 2028 - By Services (US$ Mn)
Table 14. UK Employment Screening Services Market Revenue and Forecast to 2028 - By Background Screening (US$ Mn)
Table 15. UK Employment Screening Services Market Revenue and Forecast to 2028 - By Verification (US$ Mn)
Table 16. UK Employment Screening Services Market Revenue and Forecast to 2028 - By End-user Industry (US$ Mn)
Table 17. UK Employment Screening Services Market Revenue and Forecast to 2028 - By Organization Size (US$ Mn)
Table 18. Italy Employment Screening Services Market Revenue and Forecast to 2028 - By Services (US$ Mn)
Table 19. Italy Employment Screening Services Market Revenue and Forecast to 2028 - By Background Screening (US$ Mn)
Table 20. Italy Employment Screening Services Market Revenue and Forecast to 2028 - By Verification (US$ Mn)
Table 21. Italy Employment Screening Services Market Revenue and Forecast to 2028 - By End-user Industry (US$ Mn)
Table 22. Italy Employment Screening Services Market Revenue and Forecast to 2028 - By Organization Size (US$ Mn)
Table 23. Spain Employment Screening Services Market Revenue and Forecast to 2028 - By Services (US$ Mn)
Table 24. Spain Employment Screening Services Market Revenue and Forecast to 2028 - By Background Screening (US$ Mn)
Table 25. Spain Employment Screening Services Market Revenue and Forecast to 2028 - By Verification (US$ Mn)
Table 26. Spain Employment Screening Services Market Revenue and Forecast to 2028 - By End-user Industry (US$ Mn)
Table 27. Spain Employment Screening Services Market Revenue and Forecast to 2028 - By Organization Size (US$ Mn)
Table 28. Rest of Europe Employment Screening Services Market Revenue and Forecast to 2028 - By Services (US$ Mn)
Table 29. Rest of Europe Employment Screening Services Market Revenue and Forecast to 2028 - By Background Screening (US$ Mn)
Table 30. Rest of Europe Employment Screening Services Market Revenue and Forecast to 2028 - By Verification (US$ Mn)
Table 31. Rest of Europe Employment Screening Services Market Revenue and Forecast to 2028 - By End-user Industry (US$ Mn)
Table 32. Rest of Europe Employment Screening Services Market Revenue and Forecast to 2028 - By Organization Size (US$ Mn)
Table 33. Glossary of Term: Employment Screening Services Market
List of Figures
Figure 1. Europe Employment Screening Services Market Segmentation
Figure 2. Europe Employment Screening Services Market Segmentation - Country
Figure 3. Europe Employment Screening Services Market Overview
Figure 4. UK Held the Largest Share in Europe Employment Screening Services Market in 2020
Figure 5. Europe Employment Screening Services Market, By Services ($Mn)
Figure 6. Europe Employment Screening Services Market, By Organization Size ($Mn)
Figure 7. Europe PEST Analysis
Figure 8. Europe Employment Screening Services Market, Impact Analysis of Drivers and Restraints
Figure 9. Europe Employment Screening Services Market Forecast and Analysis, (US$ Mn)
Figure 10. Europe Employment Screening Services Market Breakdown, By Services, 2020 & 2028 (%)
Figure 11. Europe Background Screening Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. Europe Credit Check Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. Europe Criminal Records Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. Europe Verification Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. Europe Qualification Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. Europe Employment History Verification Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Europe Reference Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Europe Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. Europe Medical & Drug Testing Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. Europe Employment Screening Services Market Breakdown, By End-User Industry, 2020 & 2028 (%)
Figure 21. Europe IT & Telecom Market Revenue and Forecast to 2027(US$ Mn)
Figure 22. Europe BFSI Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. Europe Government Agencies Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. Europe Travel & Hospitality Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. Europe Manufacturing Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. Europe Retail Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 27. Europe Healthcare Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. Europe Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 29. Europe Employment Screening Services Market Breakdown, by Organization Size, 2020 & 2028 (%)
Figure 30. Europe SMEs Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 31. Europe Large Enterprises Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 32. Europe Employment Screening Services Market Revenue by Country to 2028 (US$ Mn)
Figure 33. Europe Employment Screening Services Market Breakdown, By Country, 2018 & 2027(%)
Figure 34. France Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
Figure 35. Germany Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
Figure 36. UK Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
Figure 37. Italy Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
Figure 38. Spain Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
Figure 39. Rest of Europe Employment Screening Services Market Revenue and Forecast to 2028 (US$ Mn)
Figure 40. Impact of COVID-19 Pandemic on Market in European Countries

Companies Mentioned

A selection of companies mentioned in this report includes:

  • CAPITA PLC
  • FIRST ADVANTAGE
  • GOODHIRE
  • HIRERIGHT, LLC
  • PINKERTON CONSULTING & INVESTIGATIONS, INC
  • STERLING TALENT SOLUTIONS