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Employment Screening Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

November 2022 | 143 pages | ID: E3EBA3BE3135EN
IMARC Group

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The global employment screening services market size reached US$ 4.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2027, exhibiting a growth rate (CAGR) of 8.4% during 2022-2027.

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:
IMARC Group 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 2022-2027. Our 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
Others

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
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
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?
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

LIST OF TABLES

Table 1: Global: Employment Screening Services Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Employment Screening Services Market Forecast: Breakup by Service (in Million US$), 2022-2027
Table 3: Global: Employment Screening Services Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 4: Global: Employment Screening Services Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Employment Screening Services Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Employment Screening Services Market: Competitive Structure
Table 7: Global: Employment Screening Services Market: Key Players

LIST OF FIGURES

Figure 1: Global: Employment Screening Services Market: Major Drivers and Challenges
Figure 2: Global: Employment Screening Services Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Employment Screening Services Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Employment Screening Services Market: Breakup by Service (in %), 2021
Figure 5: Global: Employment Screening Services Market: Breakup by Organization Size (in %), 2021
Figure 6: Global: Employment Screening Services Market: Breakup by Application (in %), 2021
Figure 7: Global: Employment Screening Services Market: Breakup by Region (in %), 2021
Figure 8: Global: Employment Screening Services (Criminal Background Checks) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Employment Screening Services (Criminal Background Checks) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Employment Screening Services (Education and Employment Verification) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Employment Screening Services (Education and Employment Verification) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Employment Screening Services (Credit History Checks) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Employment Screening Services (Credit History Checks) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Employment Screening Services (Drug and Health Screening) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Employment Screening Services (Drug and Health Screening) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Employment Screening Services (Other Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Employment Screening Services (Other Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Employment Screening Services (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Employment Screening Services (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Employment Screening Services (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Employment Screening Services (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Employment Screening Services (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Employment Screening Services (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Employment Screening Services (IT & Technology and Media) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Employment Screening Services (IT & Technology and Media) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Employment Screening Services (Financial Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Employment Screening Services (Financial Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Employment Screening Services (Staffing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Employment Screening Services (Staffing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Employment Screening Services (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Employment Screening Services (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Employment Screening Services (Travel and Hospitality) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Employment Screening Services (Travel and Hospitality) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Employment Screening Services (Government and Education) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Employment Screening Services (Government and Education) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Employment Screening Services (Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Employment Screening Services (Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Employment Screening Services (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Employment Screening Services (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: North America: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: North America: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: United States: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: United States: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Canada: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Canada: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Asia-Pacific: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Asia-Pacific: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: China: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: China: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Japan: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Japan: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: India: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: India: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: South Korea: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: South Korea: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Australia: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Australia: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Indonesia: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Indonesia: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Europe: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Europe: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Germany: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Germany: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: France: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: France: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: United Kingdom: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: United Kingdom: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Italy: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Italy: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Spain: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Spain: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Russia: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Russia: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Latin America: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Latin America: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Brazil: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Brazil: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Mexico: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Mexico: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Middle East and Africa: Employment Screening Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Middle East and Africa: Employment Screening Services Market: Breakup by Country (in %), 2021
Figure 88: Middle East and Africa: Employment Screening Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Global: Employment Screening Services Industry: SWOT Analysis
Figure 90: Global: Employment Screening Services Industry: Value Chain Analysis
Figure 91: Global: Employment Screening Services Industry: Porter's Five Forces Analysis


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