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2021
Employment Screening Services Market

Employment Screening Services Market by Service (Criminal Background Checks, Education & Employment Verification, Credit History Checks, Drug & Health Screening, and Others) and Application (Healthcare, IT/Technology/Media, Financial Services, Staffing, Retail, Industrial, Travel/Hospitality, Government/ Education, Transportation, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2028

A04204
Pages: 170
May 2021 | 17627 Views
   
Author(s) : Aarti Goswami, Pramod Borasi , Vineet Kumar
Tables: 112
Charts: 39
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Employment Screening Services Market Outlook 2028

The global employment screening services market was valued at $4.95 billion in 2020, and is projected to reach $9.92 billion by 2028, growing at a CAGR of 9.2% from 2021 to 2028. Employment screening services help in identifying the authenticity of a candidate for the security of the organization and to safeguard the organization from fraudulent candidates. Numerous benefits provided by the employment screening services include reduced workforce violence, protect negligent hiring, and meet the regulatory, insurance, and customer requirements of the organization. 

Employment screening services help to discover counterfeit and misrepresented information early and inhibit future risks and elevated hiring costs. Moreover, workplace risks such as thefts, abuse, criminal activity, and workplace violence, can be potentially reduced to a great extent by adoption of employment screening services. In addition, growing focus on enhanced quality of workforce and improved regulatory compliance are some of the major factors that propel the employment screening services market growth. However, growing technology risks and discrimination concerns are some of the factors that limit the market growth. Furthermore, developing economies offer significant opportunities for employment screening services to expand & develop their offerings, especially among emerging economies such as Australia, China, India, Singapore, and South Korea. This is attributed to developing economies such as India and China, are highly populated & therefore, possess high prospects of employment, which is further expected to provide lucrative opportunities to the employment screening services market in the coming years.

Employment-Screening-Services-Market-2021-2028

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The report focuses on growth prospects, restraints, and trends of the employment screening services market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the employment screening services market.

Segment review

The employment screening services market is segmented on the basis of service, application, and region. By service, it is segregated into criminal background checks, education & employment verification, credit history checks, drug & health screening, and others. By application, it is segmented into healthcare, IT/technology/media, financial services, staffing, retail, industrial, travel/hospitality, government/ education, transportation, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The report analyses the profiles of key players operating in the employment screening services market such as ADP LLC, Capita PLC, CareerBuilder LLC, Experian, First Advantage, HireRight LLC, Insperity, Paychex, Inc., Paycor, Inc., REED, and Sterling. These players have adopted various strategies to increase their market penetration and strengthen their position in the employment screening services industry.  

COVID-19 impact analysis

The COVID-19 pandemic has affected employment screening in several industry verticals such as IT & telecom, transportation, industrial, and among others, due to stringent implementation of the lockdown policies across the globe. However, healthcare & retail sectors which involves heavy workforce and have been in operation throughout the pandemic has increased the background screening & health screening for their employees. 

Employment Screening Services Market
By Coverage

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Criminal Background Checks accounted for the highest market share in 2020

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Top impacting factors

Improved regulatory compliance

During each step of employment screening, an employment screening provider helps with implementation of a compliant screening program. A provider with in-house, efficient compliance expertise, and intelligent built-in compliance tools can aid an organization to meet industry standards and state and federal requirements, which can differ from state-to-state and by job position, thereby creating added complexity for employers. With stringent regulations for employment screening, e.g., Fair Credit Reporting Act in the U.S., the HR professionals are expected to be aware about potential compliance challenges, especially during the employment screening procedures. An institute or organization could face possibly fine, legal damages, and loss of privilege without an efficient employment screening program.   

Discrimination concerns

An increasing number of cities and states, especially in the U.S., limit employers to enquire into criminal records and convictions. They also restrict employers to use other employment screening services, such as credit history, to evaluate candidates. Discrimination concerns are also associated with the adoption of employment screening services, for instance, if a particular credit history would disqualify an applicant, it must disqualify applicants of all races. Furthermore, employers are also expected to be careful to circumvent any use of background reports that may result in rejecting or hiring any class of employees based on gender, race, and other protected categories. 

Employment Screening Services Market
By Region

2028
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 11.4% during 2021-2028

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Key benefits for stakeholders 

  • The study provides in-depth analysis of the global employment screening services market share along with current & future trends to illustrate the imminent investment pockets.
  • Information about key drivers, restrains, & opportunities and their impact analysis on the global employment screening services market size are provided in the report.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the employment screening services market.
  • An extensive analysis of the key segments of the industry helps to understand the global employment screening services market trends.
  • The quantitative analysis of the global employment screening services market size from 2021 to 2028 is provided to determine the market potential.

Key Market Segments

  • BY APPLICATION
    • HEALTHCARE
    • IT/TECHNOLOGY/MEDIA
    • FINANCIAL SERVICES
    • STAFFING
    • RETAIL
    • INDUSTRIAL
    • TRAVEL/HOSPITALITY
    • GOVERNMENT/EDUCATION
    • TRANSPORTATION
    • OTHERS
  • BY SERVICE
    • Criminal Background Checks
    • Education & Employment Verification
    • Credit History Checks
    • Drug & Health Screening
    • Others services
  • BY REGION
    • NORTH AMERICA
      • US
      • CANADA
      • Mexico
    • EUROPE
      • UK
      • GERMANY
      • FRANCE
      • ITALY
      • SPAIN
      • REST OF EUROPE
    • ASIA-PACIFIC
      • CHINA
      • INDIA
      • JAPAN
      • SOUTH KOREA
      • AUSTRALIA
      • TAIWAN
      • REST OF ASIA-PACIFIC
    • LAMEA
      • BRAZIL
      • SAUDI ARABIA
      • SOUTH AFRICA
      • REST OF LAMEA


Key Market Players

  • ADP LLC
  • CAPITA PLC
  • CAREERBUILDER LLC
  • EXPERIAN
  • FIRST ADVANTAGE
  • HIRERIGHT LLC
  • INSPERITY
  • PAYCHEX, INC
  • PAYCOR, INC
  • REED
  • STERLING
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY MARKET SEGMENTS
1.3.KEY BENEFITS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:MARKET LANDSCAPE

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.PORTER'S FIVE FORCES ANALYSIS

3.3.1.Bargaining power of suppliers
3.3.2.Threat of new entrants
3.3.3.Threat of substitutes
3.3.4.Competitive rivalry
3.3.5.Bargaining power among buyers

3.4.MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 2020
3.5.MARKET DYNAMICS

3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities

3.6.COVID-19 IMPACT ANALYSIS ON EMPLOYMENT SCREENING SERVICES MARKET 

3.6.1.Impact on employment screening services market size 
3.6.2.Change in end user trends, preferences, and budget impact due to COVID-19
3.6.3.Regulatory framework for solving market challenges faced by 
employment screening service providers

3.6.4.Economic impact on employment screening service providers
3.6.5.Key player strategies to tackle negative impact in the industry
3.6.6.Opportunity analysis for companies providing employment screening services

CHAPTER 4:EMPLOYMENT SCREENING SERVICES MARKET BY SERVICE

4.1.OVERVIEW
4.2.CRIMINAL BACKGROUND CHECKS

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region 
4.2.3.Market share analysis, by country

4.3.EDUCATION & EMPLOYMENT VERIFICATION

4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region 
4.3.3.Market share analysis, by country

4.4.CREDIT HISTORY CHECKS

4.4.1.Key market trends, growth factors and opportunities
4.4.2.Market size and forecast, by region 
4.4.3.Market share analysis, by country

4.5.DRUG & HEALTH SCREENING

4.5.1.Key market trends, growth factors and opportunities
4.5.2.Market size and forecast, by region 
4.5.3.Market share analysis, by country

4.6.OTHERS

4.6.1.Key market trends, growth factors and opportunities
4.6.2.Market size and forecast, by region 
4.6.3.Market share analysis, by country

CHAPTER 5:EMPLOYMENT SCREENING SERVICES MARKET BY APPLICATION

5.1.OVERVIEW
5.2.HEALTHCARE

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region 
5.2.3.Market share analysis, by country

5.3.IT/TECHNOLOGY/MEDIA

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region 
5.3.3.Market share analysis, by country

5.4.FINANCIAL SERVICES

5.4.1.Key market trends, growth factors and opportunities
5.4.2.Market size and forecast, by region 
5.4.3.Market share analysis, by country

5.5.STAFFING

5.5.1.Key market trends, growth factors and opportunities
5.5.2.Market size and forecast, by region 
5.5.3.Market share analysis, by country

5.6.RETAIL

5.6.1.Key market trends, growth factors and opportunities
5.6.2.Market size and forecast, by region 
5.6.3.Market share analysis, by country

5.7. INDUSTRIAL

5.7.1.Key market trends, growth factors and opportunities
5.7.2.Market size and forecast, by region 
5.7.3.Market share analysis, by country

5.8. TRAVEL/HOSPITALITY

5.8.1.Key market trends, growth factors and opportunities
5.8.2.Market size and forecast, by region 
5.8.3.Market share analysis, by country

5.9. GOVERNMENT/EDUCATION

5.9.1.Key market trends, growth factors and opportunities
5.9.2.Market size and forecast, by region 
5.9.3.Market share analysis, by country

5.10.TRANSPORTATION

5.10.1.Key market trends, growth factors and opportunities
5.10.2.Market size and forecast, by region 
5.10.3.Market share analysis, by country

5.11. OTHERS

5.11.1.Key market trends, growth factors and opportunities
5.11.2.Market size and forecast, by region 
5.11.3.Market share analysis, by country

CHAPTER 6:EMPLOYMENT SCREENING SERVICES MARKET BY REGION

6.1.OVERVIEW
6.2.NORTH AMERICA

6.2.1.Key market trends and opportunities
6.2.2.Market size and forecast, by service
6.2.3.Market size and forecast, by application
6.2.4.Market size and forecast, by Country
6.2.5.U.S.

6.2.5.1.Market size and forecast, by service
6.2.5.2.Market size and forecast, by application

6.2.6.Canada

6.2.6.1.Market size and forecast, by service
6.2.6.2.Market size and forecast, by application

6.2.7.Mexico

6.2.7.1.Market size and forecast, by service
6.2.7.2.Market size and forecast, by application

6.3.EUROPE

6.3.1.Key market trends and opportunities
6.3.2.Market size and forecast, by service
6.3.3.Market size and forecast, by application
6.3.4.Market size and forecast, by Country
6.3.5.UK

6.3.5.1.Market size and forecast, by service
6.3.5.2.Market size and forecast, by application

6.3.6.Germany

6.3.6.1.Market size and forecast, by service
6.3.6.2.Market size and forecast, by application

6.3.7.France

6.3.7.1.Market size and forecast, by service
6.3.7.2.Market size and forecast, by application

6.3.8.Italy

6.3.8.1.Market size and forecast, by service
6.3.8.2.Market size and forecast, by application

6.3.9.Spain

6.3.9.1.Market size and forecast, by service
6.3.9.2.Market size and forecast, by application

6.3.10.Rest of Europe

6.3.10.1.Market size and forecast, by service
6.3.10.2.Market size and forecast, by application

6.4.ASIA-PACIFIC

6.4.1.Key market trends and opportunities
6.4.2.Market size and forecast, by service
6.4.3.Market size and forecast, by application
6.4.4.Market size and forecast, by Country
6.4.5.China

6.4.5.1.Market size and forecast, by service
6.4.5.2.Market size and forecast, by application

6.4.6.India

6.4.6.1.Market size and forecast, by service
6.4.6.2.Market size and forecast, by application

6.4.7.Japan

6.4.7.1.Market size and forecast, by service
6.4.7.2.Market size and forecast, by application

6.4.8.South Korea

6.4.8.1.Market size and forecast, by service
6.4.8.2.Market size and forecast, by application

6.4.9.Australia

6.4.9.1.Market size and forecast, by service
6.4.9.2.Market size and forecast, by application

6.4.10.Taiwan

6.4.10.1.Market size and forecast, by service
6.4.10.2.Market size and forecast, by application

6.4.11.Rest of Asia-Pacific

6.4.11.1.Market size and forecast, by service
6.4.11.2.Market size and forecast, by application

6.5.LAMEA

6.5.1.Key market trends and opportunities
6.5.2.Market size and forecast, by service
6.5.3.Market size and forecast, by application
6.5.4.Market size and forecast, by Country
6.5.5.Brazil

6.5.5.1.Market size and forecast, by service
6.5.5.2.Market size and forecast, by application

6.5.6.Saudi Arabia

6.5.6.1.Market size and forecast, by service
6.5.6.2.Market size and forecast, by application

6.5.7.South Africa

6.5.7.1.Market size and forecast, by service
6.5.7.2.Market size and forecast, by application

6.5.8.Rest of LAMEA

6.5.8.1.Market size and forecast, by service
6.5.8.2.Market size and forecast, by application

CHAPTER 7:COMPANY PROFILES

7.1. ADP LLC 

7.1.1.Company overview
7.1.2.Key Executives
7.1.3.Company snapshot
7.1.4.Operating business segments
7.1.5.Product portfolio
7.1.6.Business performance
7.1.7.Key strategic moves and developments

7.2.CAPITA PLC

7.2.1.Company overview
7.2.2.Key Executives
7.2.3.Company snapshot
7.2.4.Operating business segments
7.2.5.Product portfolio
7.2.6.Business performance
7.2.7.Key strategic moves and developments

7.3. CAREERBUILDER LLC. 

7.3.1.Company overview
7.3.2.Key Executives
7.3.3.Company snapshot
7.3.4.Operating business segments
7.3.5.Product portfolio
7.3.6.Business performance
7.3.7.Key strategic moves and developments

7.4.EXPERIAN 

7.4.1.Company overview
7.4.2.Key Executives
7.4.3.Company snapshot
7.4.4.Operating business segments
7.4.5.Product portfolio
7.4.6.Business performance
7.4.7.Key strategic moves and developments

7.5.FIRST ADVANTAGE

7.5.1.Company overview
7.5.2.Key Executives
7.5.3.Company snapshot
7.5.4.Operating business segments
7.5.5.Product portfolio
7.5.6.Business performance
7.5.7.Key strategic moves and developments

7.6.HIRERIGHT LLC  

7.6.1.Company overview
7.6.2.Key Executives
7.6.3.Company snapshot
7.6.4.Operating business segments
7.6.5.Product portfolio
7.6.6.Business performance
7.6.7.Key strategic moves and developments

7.7. INSPERITY

7.7.1.Company overview
7.7.2.Key Executives
7.7.3.Company snapshot
7.7.4.Operating business segments
7.7.5.Product portfolio
7.7.6.Business performance
7.7.7.Key strategic moves and developments

7.8.PAYCHEX, INC.

7.8.1.Company overview
7.8.2.Key Executives
7.8.3.Company snapshot
7.8.4.Operating business segments
7.8.5.Product portfolio
7.8.6.Business performance
7.8.7.Key strategic moves and developments

7.9. PAYCOR, INC.

7.9.1.Company overview
7.9.2.Key Executives
7.9.3.Company snapshot
7.9.4.Operating business segments
7.9.5.Product portfolio
7.9.6.Business performance
7.9.7.Key strategic moves and developments

7.10. REED

7.10.1.Company overview
7.10.2.Key Executives
7.10.3.Company snapshot
7.10.4.Operating business segments
7.10.5.Product portfolio
7.10.6.Business performance
7.10.7.Key strategic moves and developments

7.11. STERLING

7.11.1.Company overview
7.11.2.Key Executives
7.11.3.Company snapshot
7.11.4.Operating business segments
7.11.5.Product portfolio
7.11.6.Business performance
7.11.7.Key strategic moves and developments

LIST OF TABLES

TABLE 1.GLOBAL EMPLOYMENT SCREENING SERVICES MARKET, BY SERVICE 2020-2028 ($MILLION)
TABLE 2.EMPLOYMENT SCREENING SERVICES MARKET FOR CRIMINAL BACKGROUND CHECKS, BY REGION,  2020-2028 ($MILLION)
TABLE 3.EMPLOYMENT SCREENING SERVICES MARKET FOR EDUCATION & EMPLOYMENT VERIFICATION, BY REGION,  2020-2028 ($MILLION)
TABLE 4.EMPLOYMENT SCREENING SERVICES MARKET FOR CREDIT HISTORY CHECKS, BY REGION,  2020-2028 ($MILLION)
TABLE 5.EMPLOYMENT SCREENING SERVICES MARKET FOR DRUG & HEALTH SCREENING, BY REGION,  2020-2028 ($MILLION)
TABLE 6.EMPLOYMENT SCREENING SERVICES MARKET FOR OTHERS, BY REGION,  2020-2028 ($MILLION)
TABLE 7.GLOBAL EMPLOYMENT SCREENING SERVICES MARKET, BY APPLICATION 2020-2028 ($MILLION)
TABLE 8.EMPLOYMENT SCREENING SERVICES MARKET FOR HEALTHCARE, BY REGION,  2020-2028 ($MILLION)
TABLE 9.EMPLOYMENT SCREENING SERVICES MARKET FOR IT/TECHNOLOGY/MEDIA, BY REGION,  2020-2028 ($MILLION)
TABLE 10.EMPLOYMENT SCREENING SERVICES MARKET FOR FINANCIAL SERVICES, BY REGION,  2020-2028 ($MILLION)
TABLE 11.EMPLOYMENT SCREENING SERVICES MARKET FOR STAFFING, BY REGION,  2020-2028 ($MILLION)
TABLE 12.EMPLOYMENT SCREENING SERVICES MARKET FOR RETAIL, BY REGION,  2020-2028 ($MILLION)
TABLE 13.EMPLOYMENT SCREENING SERVICES MARKET FOR INDUSTRIAL, BY REGION,  2020-2028 ($MILLION)
TABLE 14.EMPLOYMENT SCREENING SERVICES MARKET FOR TRAVEL/HOSPITALITY, BY REGION,  2020-2028 ($MILLION)
TABLE 15.EMPLOYMENT SCREENING SERVICES MARKET FOR GOVERNMENT/EDUCATION, BY REGION,  2020-2028 ($MILLION)
TABLE 16.EMPLOYMENT SCREENING SERVICES MARKET FOR TRANSPORTATION, BY REGION,  2020-2028 ($MILLION)
TABLE 17.EMPLOYMENT SCREENING SERVICES MARKET FOR OTHERS, BY REGION,  2020-2028 ($MILLION)
TABLE 18.EMPLOYMENT SCREENING SERVICES MARKET FOR , BY REGION, 2020-2028 ($MILLION)
TABLE 19.NORTH AMERICA EMPLOYMENT SCREENING SERVICES, BY SERVICE 2020-2028 ($MILLION)
TABLE 20.NORTH AMERICA EMPLOYMENT SCREENING SERVICES, BY APPLICATION 2020-2028 ($MILLION)
TABLE 21.NORTH AMERICA EMPLOYMENT SCREENING SERVICES, BY REGION,  2020-2028 ($MILLION)
TABLE 22.EUROPE EMPLOYMENT SCREENING SERVICES, BY SERVICE 2020-2028 ($MILLION)
TABLE 23.EUROPE EMPLOYMENT SCREENING SERVICES, BY APPLICATION 2020-2028 ($MILLION)
TABLE 24.EUROPE EMPLOYMENT SCREENING SERVICES, BY REGION,  2020-2028 ($MILLION)
TABLE 25.ASIA-PACIFIC EMPLOYMENT SCREENING SERVICES, BY SERVICE 2020-2028 ($MILLION)
TABLE 26.ASIA-PACIFIC EMPLOYMENT SCREENING SERVICES, BY APPLICATION 2020-2028 ($MILLION)
TABLE 27.ASIA-PACIFIC EMPLOYMENT SCREENING SERVICES, BY REGION,  2020-2028 ($MILLION)
TABLE 28.LAMEA EMPLOYMENT SCREENING SERVICES, BY SERVICE 2020-2028 ($MILLION)
TABLE 29.LAMEA EMPLOYMENT SCREENING SERVICES, BY APPLICATION 2020-2028 ($MILLION)
TABLE 30.LAMEA EMPLOYMENT SCREENING SERVICES, BY REGION,  2020-2028 ($MILLION)
TABLE 31.ADP LLC : COMPANY SNAPSHOT
TABLE 32.ADP LLC : OPERATING SEGMENTS
TABLE 33.CAPITA PLC: COMPANY SNAPSHOT
TABLE 34.CAPITA PLC: OPERATING SEGMENTS
TABLE 35.CAREERBUILDER LLC. : COMPANY SNAPSHOT
TABLE 36.CAREERBUILDER LLC. : OPERATING SEGMENTS
TABLE 37.EXPERIAN : COMPANY SNAPSHOT
TABLE 38.EXPERIAN : OPERATING SEGMENTS
TABLE 39.FIRST ADVANTAGE: COMPANY SNAPSHOT
TABLE 40.FIRST ADVANTAGE: OPERATING SEGMENTS
TABLE 41.HIRERIGHT LLC  : COMPANY SNAPSHOT
TABLE 42.HIRERIGHT LLC  : OPERATING SEGMENTS
TABLE 43.INSPERITY: COMPANY SNAPSHOT
TABLE 44.INSPERITY: OPERATING SEGMENTS
TABLE 45.PAYCHEX, INC.: COMPANY SNAPSHOT
TABLE 46.PAYCHEX, INC.: OPERATING SEGMENTS
TABLE 47.PAYCOR, INC.: COMPANY SNAPSHOT
TABLE 48.PAYCOR, INC.: OPERATING SEGMENTS
TABLE 49.REED: COMPANY SNAPSHOT
TABLE 50.REED: OPERATING SEGMENTS
TABLE 51.STERLING: COMPANY SNAPSHOT
TABLE 52.STERLING: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1.GLOBAL EMPLOYMENT SCREENING SERVICES MARKET SEGMENTATION
FIGURE 2.TOP INVESTMENT POCKET
FIGURE 3.TOP WINNING STRATEGIES (%)
FIGURE 4.EMPLOYMENT SCREENING SERVICES MARKET FOR CRIMINAL BACKGROUND CHECKS, 2020-2028 ($MILLION)
FIGURE 5.EMPLOYMENT SCREENING SERVICES MARKET FOR EDUCATION & EMPLOYMENT VERIFICATION, 2020-2028 ($MILLION)
FIGURE 6.EMPLOYMENT SCREENING SERVICES MARKET FOR CREDIT HISTORY CHECKS, 2020-2028 ($MILLION)
FIGURE 7.EMPLOYMENT SCREENING SERVICES MARKET FOR DRUG & HEALTH SCREENING, 2020-2028 ($MILLION)
FIGURE 8.EMPLOYMENT SCREENING SERVICES MARKET FOR OTHERS, 2020-2028 ($MILLION)
FIGURE 9.EMPLOYMENT SCREENING SERVICES MARKET FOR HEALTHCARE, 2020-2028 ($MILLION)
FIGURE 10.EMPLOYMENT SCREENING SERVICES MARKET FOR IT/TECHNOLOGY/MEDIA, 2020-2028 ($MILLION)
FIGURE 11.EMPLOYMENT SCREENING SERVICES MARKET FOR FINANCIAL SERVICES, 2020-2028 ($MILLION)
FIGURE 12.EMPLOYMENT SCREENING SERVICES MARKET FOR STAFFING, 2020-2028 ($MILLION)
FIGURE 13.EMPLOYMENT SCREENING SERVICES MARKET FOR RETAIL, 2020-2028 ($MILLION)
FIGURE 14.EMPLOYMENT SCREENING SERVICES MARKET FOR INDUSTRIAL, 2020-2028 ($MILLION)
FIGURE 15.EMPLOYMENT SCREENING SERVICES MARKET FOR TRAVEL/HOSPITALITY, 2020-2028 ($MILLION)
FIGURE 16.EMPLOYMENT SCREENING SERVICES MARKET FOR GOVERNMENT/EDUCATION, 2020-2028 ($MILLION)
FIGURE 17.EMPLOYMENT SCREENING SERVICES MARKET FOR TRANSPORTATION, 2020-2028 ($MILLION)
FIGURE 18.EMPLOYMENT SCREENING SERVICES MARKET FOR OTHERS, 2020-2028 ($MILLION)
FIGURE 19.GLOBAL EMPLOYMENT SCREENING SERVICES, BY REGION,  2020 (%)
FIGURE 20.U.S. EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 21.CANADA EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 22.MEXICO EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 23.UK EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 24.GERMANY EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 25.FRANCE EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 26.ITALY EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 27.SPAIN EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 28.REST OF EUROPE EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 29.CHINA EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 30.INDIA EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 31.JAPAN EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 32.SOUTH KOREA EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 33.AUSTRALIA EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 34.TAIWAN EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 35.REST OF ASIA-PACIFIC EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 36.BRAZIL EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 37.SAUDI ARABIA EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 38.SOUTH AFRICA EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)
FIGURE 39.REST OF LAMEA EMPLOYMENT SCREENING SERVICES MARKET, 2020-2028 ($MILLION)

 
 

An effective and simplified candidate experience for both remote & onsite applicants will continue to be a top priority for employers around the globe in 2021. Further, the adoption of employment screening services has increased over time to boost the decision-making capability of the employer and to improve the hiring process of the organization. In addition, the popularity of employment screening services among the enterprises is accelerating owing to improved workplace safety and to reduce the hiring risk of incapable personnel. With an unprecedented COVID-19 pandemic situation, 147 million people became unemployed, leading to global loss of an estimated $3.8 trillion, including job losses of 147 million full-time positions, as well as a loss of $2.1 trillion in wages and salaries. 

Moreover, in 2020, a survey conducted by the Professional Background Screening Association (PBSA) projected that in several organizations, 12% are conducting background checks annually or more frequently, compared to 9% in 2019. In addition, with the unique workforce landscape in 2021, ongoing screening will accelerate agility & enhanced safety for remote, onsite and contingent workers. As a result, these are becoming major trends in the market. 

North America is expected to dominate the market during the forecast period, owing to increased adoption and availability of these services in the U.S., followed by Europe and Asia-Pacific. In addition, employment screening service providers have focused on expanding their presence in the emerging economies, which is estimated to drive the market growth. Some of the key players profiled in the report include ADP LLC, Capita PLC, CareerBuilder LLC, Experian, First Advantage, HireRight LLC, Insperity, Paychex, Inc., Paycor, Inc., REED, and Sterling. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

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