Jul 02, 2020 (AB Digital via COMTEX) --
Employment Screening Services Market 2020
Global Employment Screening Services Market is estimated to expand at a steady growth rate of CAGR of 7.8% during the forecast period. Employment screening is a system used to identify and verify the records of an individual, often before their employment. It consists of different types of verifications such as contractor screening, drug, and alcohol screening, sex offender checks, motor vehicle checks, employment eligibility verifications, fingerprint screening, global screening, medical compliance, resident monitoring, and rental payment history. It provides accurate and authentic information of the employees to avoid risks occurring in the selection process.
In 2018, the global employment screening services market was valued at USD 2,972.0 Million and is to reach USD 4,914.6 Million during the forecast period 2019–2025. The growth of the global market is propelled by growing urbanization, well-established infrastructures, wide-scale adoption of these solutions and services, and the presence of multinational companies worldwide. However, the rising prevalence regarding illegal activities and concerns regarding data theft and data loss are also fueling the market. The main restraining factor can be discrepancies in the work process during the review period.
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Major Key Players of Employment Screening Services Industry:
The major companies studied to analyze the Global Employment Screening Services Market are Employment Screening Services, First Advantage Corporation (US), HireRight, Inc. (US), Paycor, Inc. (US), Capita PLC (UK), Experian Plc. (UK), Insperity, Inc. (US), InfoMart, Inc. (US), Paychex, Inc. (US), GoodHire (US), Peopletrail (US), BackgroundReport.com (US), Accurate Now (US), and Sterling (US) Inc. (the US), Automatic Data Processing, Inc. (the US), Employment Background Investigations, Inc (US), CareerBuilder Employment Screening, LLC (US), Sentinel Background Checks (US).
The global Employment Screening Servicesmarket is analyzed in detail in the latest research report from WiseGuy Reports (WGR). The report contains a detailed overview of the global Employment Screening Servicesmarket’s historical growth trajectory, a detailed analysis of the market’s current position, and forecasts for the market’s likely growth trajectory over the forecast period. The historical growth of the global Employment Screening Servicesmarket is presented in detail in the report, including an in-depth analysis of the market’s growth patterns over the historical review period. The major drivers and restraints affecting the market’s movements are also studied in detail in the report in this context, to understand the historical impact these drivers and restraints have had on the market.
The present condition of the market is further studied in detail in the report, including a detailed view of the major segments of the market. The granular composition of the Employment Screening Servicesmarket is thus studied in great detail in the report. The hierarchy of the major segments of the Employment Screening Servicesmarket is presented in detail in the report, providing readers with a clear overview of the granular composition of the market. Leading players dominating the global Employment Screening Servicesmarket at present are also studied in the report to give readers a clear overview of the competitive landscape of the market.
The future growth prospects of the global Employment Screening Servicesmarket are also studied in detail in the report. The various factors affecting the global market’s growth trajectory are studied in detail in the report and the level of their impact on the market in the short, medium, and long term is presented in the report. Major competitive strategies being used by players in the Employment Screening Servicesmarket are also studied in the report and their promise in the future is also assessed objectively. Future growth prospects of major players in the Employment Screening Servicesmarket are assessed in the report in order to provide readers a clear overview of who is likely to dominate the market in the coming years.
Primary as well as secondary research is used in the report to present a detailed overview of the Employment Screening Servicesmarket to readers. Primary research is gathered from major industry giants, as well as secondary information collected from white papers and reports, to provide a comprehensive overview of the report. Reliable industry information sources are used in the report to ensure the accuracy and utility of the information presented in the report.