Global Employment Screening Services Market Size study & Forecast, by Service and Application and Regional Analysis, 2022-2029

Description

List of Tables

Global Employment Screening Services Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Employment Screening Services to process of accessing credibility of information submitted by a candidate seeking job in an organization. Organizations collaborate with employment screening service providers to conduct background verification to access different information including criminal background check, educational certificate verification and family & police verification among others. The increasing hiring rate and stringent compliances from regulatory authorities as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to Statista - in 2019, the rate of hiring among graduates in India was estimated at 22% and it further increased to 26% in 2020. Moreover, as per the US Bureau of Labor Statics estimates - in September 2022, the total nonfarm payroll employment increased by 263,000 whereas unemployment rate reduced to 3.5 percent from around 5 percent in September 2021. Furthermore, the number of unemployed persons reduced to 5.8 million. Also, growing incidences of fake documents submission to seek employment and increasing penetration of screening service providers in emerging markets. However, lack of penetration from SMEs due to budget constraints impedes the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Employment Screening Services Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of leading service providers as well as stringent regulations from government authorities in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising expansion of labor-intensive industries such as retail and healthcare as well as increasing incidences of fake information submission in during job interviews in the region.

Major market players included in this report are:

ADP Llc

Capita Plc

Careerbuilder Llc

Experian

First Advantage

Hireright Llc

Insperity

Paychex, Inc

Paycor, Inc

Reed

Recent Developments in the Market:

In December 2021, USA based ClearStar, Inc. a leader in background and medical screening services acquired California, USA based Employment Screening Resources (ESR), a leading provider of background screening services.
In April 2022, California, USA based provider of compliant, background checks, drug and health screening, and monitoring solutions Accurate Background, announced global expansion with commencement of two new office in Thane and Hyderabad, India. This expansion is intended to enhance its background screening services in South Asia region.

Global Employment Screening Services Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Service, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Service

Criminal Background Checks

Education & Employment Verification

Credit History Checks

Drug & Health Screening

Others

By Application

Healthcare

IT/Media

Financial Services

Staffing

Retail

Other

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Employment Screening Services Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Employment Screening Services Market, by Service, 2019-2029 (USD Billion)
- 1.2.3. Employment Screening Services Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Employment Screening Services Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Employment Screening Services Market Dynamics

3.1. Employment Screening Services Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing hiring rate.
  - 3.1.1.2. Stringent compliances from regulatory authorities.
  - 3.1.1.3. Strategic initiatives from leading market players.
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of penetration from SMEs due to budget constraints.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing incidences of fake documents submission to seek employment.
  - 3.1.3.2. Increasing penetration of screening service providers in emerging markets.

Chapter 4. Global Employment Screening Services Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Employment Screening Services Market, by Service

6.1. Market Snapshot
6.2. Global Employment Screening Services Market by Service, Performance - Potential Analysis
6.3. Global Employment Screening Services Market Estimates & Forecasts by Service 2019-2029 (USD Billion)
6.4. Employment Screening Services Market, Sub Segment Analysis
- 6.4.1. Criminal Background Checks
- 6.4.2. Education & Employment Verification
- 6.4.3. Credit History Checks
- 6.4.4. Drug & Health Screening
- 6.4.5. Other services

Chapter 7. Global Employment Screening Services Market, by Application

7.1. Market Snapshot
7.2. Global Employment Screening Services Market by Application, Performance - Potential Analysis
7.3. Global Employment Screening Services Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Employment Screening Services Market, Sub Segment Analysis
- 7.4.1. Healthcare,
- 7.4.2. IT/Media
- 7.4.3. Financial Services
- 7.4.4. Staffing
- 7.4.5. Retail
- 7.4.6. Other

Chapter 8. Global Employment Screening Services Market, Regional Analysis

8.1. Employment Screening Services Market, Regional Market Snapshot
8.2. North America Employment Screening Services Market
- 8.2.1. U.S. Employment Screening Services Market
  - 8.2.1.1. Service breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Employment Screening Services Market
8.3. Europe Employment Screening Services Market Snapshot
- 8.3.1. U.K. Employment Screening Services Market
- 8.3.2. Germany Employment Screening Services Market
- 8.3.3. France Employment Screening Services Market
- 8.3.4. Spain Employment Screening Services Market
- 8.3.5. Italy Employment Screening Services Market
- 8.3.6. Rest of Europe Employment Screening Services Market
8.4. Asia-Pacific Employment Screening Services Market Snapshot
- 8.4.1. China Employment Screening Services Market
- 8.4.2. India Employment Screening Services Market
- 8.4.3. Japan Employment Screening Services Market
- 8.4.4. Australia Employment Screening Services Market
- 8.4.5. South Korea Employment Screening Services Market
- 8.4.6. Rest of Asia Pacific Employment Screening Services Market
8.5. Latin America Employment Screening Services Market Snapshot
- 8.5.1. Brazil Employment Screening Services Market
- 8.5.2. Mexico Employment Screening Services Market
8.6. Rest of The World Employment Screening Services Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. ADP LLC
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Capita Plc
- 9.2.3. Careerbuilder Llc
- 9.2.4. Experian
- 9.2.5. First Advantage
- 9.2.6. Hireright Llc
- 9.2.7. Insperity
- 9.2.8. Paychex, Inc
- 9.2.9. Paycor, Inc
- 9.2.10. Reed

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Employment Screening Services Market, report scope
TABLE 2. Global Employment Screening Services Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Employment Screening Services Market estimates & forecasts by Service 2019-2029 (USD Billion)
TABLE 4. Global Employment Screening Services Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Employment Screening Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Employment Screening Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Employment Screening Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Employment Screening Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Employment Screening Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Employment Screening Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Employment Screening Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Employment Screening Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Employment Screening Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Employment Screening Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Employment Screening Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Employment Screening Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Employment Screening Services Market
TABLE 70. List of primary sources, used in the study of global Employment Screening Services Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Employment Screening Services Market, research methodology
FIG 2. Global Employment Screening Services Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Employment Screening Services Market, key trends 2021
FIG 5. Global Employment Screening Services Market, growth prospects 2022-2029
FIG 6. Global Employment Screening Services Market, porters 5 force model
FIG 7. Global Employment Screening Services Market, pest analysis
FIG 8. Global Employment Screening Services Market, value chain analysis
FIG 9. Global Employment Screening Services Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Employment Screening Services Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Employment Screening Services Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Employment Screening Services Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Employment Screening Services Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Employment Screening Services Market, regional snapshot 2019 & 2029
FIG 15. North America Employment Screening Services Market 2019 & 2029 (USD Billion)
FIG 16. Europe Employment Screening Services Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Employment Screening Services Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Employment Screening Services Market 2019 & 2029 (USD Billion)
FIG 19. Global Employment Screening Services Market, company Market share analysis (2021)