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

Description

List of Tables

The North America employment screening services market is expected to grow from US$ 2,809.45 million in 2023 to US$ 4,204.88 million by 2028. It is estimated to grow at a CAGR of 8.4% from 2023 to 2028.

Demand for Time-Efficient Selection Systems Owing to Rising Number of Job Applicants Fuels North America Employment Screening Services Market

In the 21st century, there has been an enormous influx of population in urban cities in developed and developing countries in search of a better life. High standards of living, better job opportunities, and access to modern amenities and services are a few major factors driving the migration of the rural population to urban areas. The steady growth of developing economies in the post-recession era has led to a rise in the disposable income of consumers. With continued urbanization, the need for jobs in urban areas would grow at full throttle in the coming years. With a subsequent upsurge in the number of candidates applying for a single job position in any organization, selecting the most suitable candidate for a particular profile has become more tedious. Conventional interview methods for job screening prove time-consuming and inefficient. Thus, the demand for efficient and quicker employee screening systems triggers the adoption of employment screening services.

North America Employment Screening Services Market Overview

The employment screening services market in North America is segmented into the US, Canada, and Mexico. Employers across the US consider background checking as an integral part of their recruitment process. As per a recent study, around 70% of the companies based in the US perform background checks, and ~80% of these companies scrutinize the criminal records of their potential candidates. The employment screening tests is performed based on the type of employer. For instance, for a job application not for a middle or high-level position, an employer might select low-cost screening options such as Google searches, social media reviews, and calling references. However, for managerial or top-level positions, an in-depth background check is required, which includes a credit report. Criminal record considerations vary from state to state in the US. For instance, some state governments significantly limit the degree to which an employer considers an employee's criminal record. In Pennsylvania, an employer may consider criminal records only to the extent that they should not be related to a potential employee's employment suitability.

North America Employment Screening Services Market Revenue and Forecast to 2028 (US$ Million)

North America Employment Screening Services Market Segmentation

The North America employment screening services market is segmented into services, end-user industry, organization size, and country.

Based on services, the North America employment screening services market is segmented into background check, verification, and medical & drug testing. The verification segment held the largest share of the North America employment screening services market in 2023.

Based on end-user industry, the North America employment screening services market is segmented into IT & Telecom, BFSI, government agencies, travel & hospitality, manufacturing, retail, healthcare, and others. The IT & Telecom segment held the largest share of the North America employment screening services market in 2023.

Based on organization size, the North America employment screening services market is segmented into SMEs and large enterprise. The large enterprise segment held a larger share of the North America employment screening services market in 2023.

Based on country, the North America employment screening services market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America employment screening services market in 2023.

Accurate Background Holdings LLC; A-Check America Inc; First Advantage Corp; HireRight holdings Corp; Inflection Risk Solutions LLC; Insperity Inc; Pinkerton Consulting & Investigations Inc; Sterling Check Corp; Triton Inc; and Verity Screening Solutions LLC are the leading companies operating in the North America employment screening services market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America employment screening services market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in North America employment screening services market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

Product Code: TIPRE00023488

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 North America Employment Screening Services Market - By Services
- 1.3.2 North America Employment Screening Services Market - By Application
- 1.3.3 North America Employment Screening Services Market - By Organization Size
- 1.3.4 North America Employment Screening Services Market - By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. North America Employment Screening Services Market Landscape

4.1 Market Overview
4.2 North America: PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. North America 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 Increase in Job Immigrants Amid Globalization
- 5.1.3 Need to Mitigate Risks Associated with Fraudulent Activities of Applicants
5.2 Market Restraints
- 5.2.1 Concerns Related to Confidentiality of Candidate Data
5.3 Market Opportunities
- 5.3.1 Introduction of Big Data
5.4 Future Trends
- 5.4.1 Demand for Enterprise-Level Software and Database
- 5.4.2 Adoption of Blockchain and Other Advanced Technologies in Employee Screening
- 5.4.3 Modifications in Background Screening Processes
5.5 Impact Analysis of Drivers and Restraints

6. Employment Screening Services Market - North America Analysis

6.1 North America Employment Screening Services Market Overview
6.2 North America Employment Screening Services Market - Revenue and Forecast to 2028 (US$ Million)

7. North America Employment Screening Services Market Analysis - By Services

7.1 Overview
7.2 North America Employment Screening Services Market, By Services (2022 and 2028)
7.3 Background Screening
- 7.3.1 Overview
- 7.3.2 Background Screening: North America Employment Screening Services Market - Revenue, and Forecast to 2028 (US$ Million)
- 7.3.3 Credit Check
  - 7.3.3.1 Overview
  - 7.3.3.2 Credit Check: North America Employment Screening Services Market - Revenue, and Forecast to 2028 (US$ Million)
- 7.3.4 Criminal Record Check
  - 7.3.4.1 Overview
  - 7.3.4.2 Criminal Record Check: North America Employment Screening Services Market - Revenue, and Forecast to 2028 (US$ Million)
7.4 Verification
- 7.4.1 Overview
- 7.4.2 Verification: North America Employment Screening Services Market - Revenue, and Forecast to 2028 (US$ Million)
- 7.4.3 Qualification
  - 7.4.3.1 Overview
  - 7.4.3.2 Qualification: North America Employment Screening Services Market - Revenue, and Forecast to 2028 (US$ Million)
- 7.4.4 Employment History Verification
  - 7.4.4.1 Overview
  - 7.4.4.2 Employment History Verification: North America Employment Screening Services Market - Revenue, and Forecast to 2028 (US$ Million)
- 7.4.5 Reference
  - 7.4.5.1 Overview
  - 7.4.5.2 Reference: North America Employment Screening Services Market - Revenue, and Forecast to 2028 (US$ Million)
- 7.4.6 Others
  - 7.4.6.1 Overview
  - 7.4.6.2 Others: North America Employment Screening Services Market - Revenue, and Forecast to 2028 (US$ Million)
7.5 Medical and Drug Testing
- 7.5.1 Overview
- 7.5.2 Medical and Drug Testing: North America Employment Screening Services Market - Revenue, and Forecast to 2028 (US$ Million)

8. North America Employment Screening Services Market Analysis - By End User Industry

8.1 Overview
8.2 North America Employment Screening Services Market, By End User Industry (2022 and 2028)
8.3 IT and Telecom
- 8.3.1 Overview
- 8.3.2 IT and Telecom: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.4 BFSI
- 8.4.1 Overview
- 8.4.2 BFSI: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.5 Government Agencies
- 8.5.1 Overview
- 8.5.2 Government Agencies: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.6 Travel and Hospitality
- 8.6.1 Overview
- 8.6.2 Travel and Hospitality: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.7 Manufacturing
- 8.7.1 Overview
- 8.7.2 Manufacturing: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.8 Retail
- 8.8.1 Overview
- 8.8.2 Retail: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.9 Healthcare
- 8.9.1 Overview
- 8.9.2 Healthcare: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.10 Others
- 8.10.1 Overview
- 8.10.2 Others: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)

9. North America Employment Screening Services Market - By Organization Size

9.1 Overview
9.2 North America 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 Small and Medium Sized Enterprises: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Large Enterprises
- 9.4.1 Overview
- 9.4.2 Large Enterprises: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)

10. North America Employment Screening Services Market - Country Analysis

10.1 Overview
- 10.1.1 North America Employment Screening Services Market Breakdown, by Country
  - 10.1.1.1 US: North America Employment Screening Services Market, Revenue and Forecast to 2028
    - 10.1.1.1.1 US: North America Employment Screening Services Market Breakdown, By Services
    - 10.1.1.1.2 US: North America Employment Screening Services Market Breakdown, By Background Screening
    - 10.1.1.1.3 US: North America Employment Screening Services Market Breakdown, By Verification
    - 10.1.1.1.4 US: North America Employment Screening Services Market Breakdown, By End User Industry
    - 10.1.1.1.5 US: North America Employment Screening Services Market Breakdown, By Organization Size
  - 10.1.1.2 Canada: North America Employment Screening Services Market, Revenue and Forecast to 2028
    - 10.1.1.2.1 Canada: North America Employment Screening Services Market Breakdown, By Services
    - 10.1.1.2.2 Canada: North America Employment Screening Services Market Breakdown, By Background Screening
    - 10.1.1.2.3 Canada: North America Employment Screening Services Market Breakdown, By Verification
    - 10.1.1.2.4 Canada: North America Employment Screening Services Market Breakdown, By End User Industry
    - 10.1.1.2.5 Canada: North America Employment Screening Services Market Breakdown, By Organization Size
  - 10.1.1.3 Mexico: North America Employment Screening Services Market, Revenue and Forecast to 2028
    - 10.1.1.3.1 Mexico: North America Employment Screening Services Market Breakdown, By Services
    - 10.1.1.3.2 Mexico: North America Employment Screening Services Market Breakdown, By Background Screening
    - 10.1.1.3.3 Mexico: North America Employment Screening Services Market Breakdown, By Verification
    - 10.1.1.3.4 Mexico: North America Employment Screening Services Market Breakdown, By End User Industry
    - 10.1.1.3.5 Mexico: North America Employment Screening Services Market Breakdown, By Organization Size

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Product Development

12. Company Profiles

12.1 Accurate Background Holdings LLC
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 A-Check America Inc
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 First Advantage Corp
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 HireRight holdings Corp
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Insperity Inc
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Sterling Check Corp
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Inflection Risk Solutions LLC
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Pinkerton Consulting & Investigations Inc
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Triton Inc
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Verity Screening Solutions LLC
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index