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Global Employment Screening Services Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 146 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5912044
The global employment screening services market size reached US$ 5.3 Billion in 2022. Looking forward, the market is expected to reach US$ 8.5 Billion by 2028, exhibiting a growth rate (CAGR) of 8.19% during 2022-2028.

Employment screening services are used in the recruitment process to investigate the credit, criminal, driving, educational, and other background information of job applicants. They also offer location records, work experience, drug screening, address confirmation, bankruptcy checks, behavior assessments, and personal and professional reference checks. As these services are economical and fast, they are widely adopted by organizations around the world to test the applicant’s skills for the position and streamline and enhance the effectiveness of the hiring process. Presently, automated employment screening services are also available to help employers comply with employment screening laws formulated by governing agencies of numerous countries.

Employment Screening Services Market Trends

Using traditional background solutions to recruit new employees can be a time-consuming and extensive process. As a result, various organizations from different industry verticals are increasingly relying on employment screening services to improve the effectiveness and expedite the hiring process. These services assure employers that the details mentioned in the resume are accurate and validated. They help them protect negligent hiring, identify the authenticity of a candidate, and reduce the risk of workplace thefts, abuse, and violence. Moreover, a significant rise in the number of startups, along with the increasing focus on enhanced quality of workforce and improved regulatory compliance, is propelling the market growth. Besides this, due to rising digitization in the education sector, educational institutions are adopting employment screening services to ensure a safe environment. Furthermore, several companies are offering customized solutions to assist hospitals and medical facilities in hiring and retaining productive workforces. This, along with the growing volume of medical data and the resulting need for additional staff, is catalyzing the demand for employment screening services in the healthcare industry worldwide.

Key Market Segmentation

This research provides an analysis of the key trends in each sub-segment of the global employment screening services market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on service, organization size and application.

Breakup by Service:

  • Criminal Background Checks
  • Education and Employment Verification
  • Credit History Checks
  • Drug and Health Screening

Breakup by Organization Size:

  • Small and Medium Enterprises
  • Large Enterprises

Breakup by Application:

  • Healthcare
  • IT & Technology and Media
  • Financial Services
  • Staffing
  • Retail
  • Travel and Hospitality
  • Government and Education
  • Transportation

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Latin America
  • Brazil
  • Mexico
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being A-Check America Inc, ADP Inc., Capita PLC, CareerBuilder LLC, Experian plc, First Advantage, HireRight LLC, Insperity, Paychex Inc., Paycor Inc., REED and Sterling.

Key Questions Answered in This Report:

  • How has the global employment screening services market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global employment screening services market?
  • What are the key regional markets?
  • What is the breakup of the market based on the service?
  • What is the breakup of the market based on the organization size?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global employment screening services market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Employment Screening Services Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Service
6.1 Criminal Background Checks
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Education and Employment Verification
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Credit History Checks
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Drug and Health Screening
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Organization Size
7.1 Small and Medium Enterprises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Large Enterprises
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Healthcare
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 IT & Technology and Media
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Financial Services
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Staffing
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Retail
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Travel and Hospitality
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Government and Education
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Transportation
8.8.1 Market Trends
8.8.2 Market Forecast
8.9 Others
8.9.1 Market Trends
8.9.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 A-Check America Inc
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 ADP Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Capita PLC
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 CareerBuilder LLC
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Experian plc
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 First Advantage
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 HireRight LLC
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Insperity
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Paychex Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Paycor Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 REED
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Sterling
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio

Companies Mentioned

  • A-Check America Inc
  • ADP Inc.
  • Capita PLC
  • CareerBuilder LLC
  • Experian plc
  • First Advantage
  • HireRight LLC
  • Insperity
  • Paychex Inc.
  • Paycor Inc.
  • REED
  • Sterling

Methodology

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Table Information