Jul 01, 2020 (The Expresswire) -- Global Employment Screening Services Market 2020 Research Report offers up-to-date information and historical data on Employment Screening Services market. The study provides historic data of 2019 along with a forecast from 2020 to 2025 based on both sales and revenue. keyword Market Report is a proficient and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific). It covers the market landscape and its growth prospects over the coming years.
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The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the Employment Screening Services market.
Global Employment Screening Services Market Research Report: Forecast to 2025
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 20192025. 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.
The global employment screening services market has been segregated based on service type and end-user and region.
In terms of service type, the market has been bifurcated into criminal background check services, education and employment verification services, credit history checks, and drug and health screening. As per the study, the criminal background check service is estimated to lead the market by the end of the review period
Based on the end-user category the global market has been segmented into BFSI, Government, Information Technology, Industrial, and Others. The BFSI sector has led the global market in 2018 and is accounted to exhibit USD 1,517.6 million during the assessment period.
The region-specific analysis of the employment screening services market has been segmented into five different regions North America, Europe, Asia-Pacific, and the rest of the world.
In 2017, North America was the largest market employment screening services market followed by Europe. The regional market attributes are the presence of major sector companies, well-established infrastructures, and favorable adoption of these services. The second-largest market contribution is gripped by Europe owing to the presence of a large number of employers and employees. Asia-Pacific is evaluated to be the fastest-growing market from 2019 to 2025 due to the presence of densely populated emerging countries like China and India.
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).
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Key Features of Employment Screening Services Market Research Report:
This report provides detail analysis of the market and have a comprehensive understanding of the Employment Screening Services market and its commercial landscape.
Learn about the various market strategies that are being adopted by leading companies.
It provides a five-year forecast assessed based on how the Employment Screening Services market is predicted to grow.
It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.
To understand the future scope and outlooks for the Employment Screening Services market.
Geographically , this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Employment Screening Services in these regions, from 2015 to 2024, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Employment Screening Services Market Research/Analysis Report Contains Answers to your following Questions
Which Manufacturing Technology is used for Employment Screening Services? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Employment Screening Services Market? What are Their Company Profile, Their Product Information, and Contact Information?
What Was Global Market Status of Employment Screening Services Market? What Was Capacity, Production Value, Cost and PROFIT of Employment Screening Services Market?
What Is Current Market Status of Employment Screening Services Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Employment Screening Services Market by Taking Applications and Types in Consideration?
What Are Projections of Global Employment Screening Services Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
What Is Employment Screening Services Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is Economic Impact On Employment Screening Services Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Employment Screening Services Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Employment Screening Services Industry?
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Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Total Chapters in Employment Screening Services Market Report are:
Chapter 1 Overview of Employment Screening Services Market
Chapter 2 Global Market Status and Forecast by Regions
Chapter 3 Global Market Status and Forecast by Types
Chapter 4 Global Market Status and Forecast by Downstream Industry
Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 10 Market Driving Factor Analysis of Low End Servers
Chapter 11 Employment Screening Services Market Competition Status by Major Manufacturers
Chapter 12 Employment Screening Services Major Manufacturers Introduction and Market Data
Chapter 13 Upstream and Downstream Market Analysis of Employment Screening Services Market
Chapter 14 Cost and Gross Margin Analysis of Employment Screening Services Market
Some of Major Points From Toc :
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 MARKET SUMMARY 13
1.2 MARKET ATTRACTIVENESS ANALYSIS 15
1.2.1 GLOBAL EMPLOYMENT SCREENING SERVICES MARKET, BY SERVICE TYPE 15
1.2.2 GLOBAL EMPLOYMENT SCREENING SERVICES MARKET, BY END USER 15
2 MARKET INTRODUCTION
2.1 DEFINITION 16
2.2 SCOPE OF THE STUDY 16
2.3 MARKET STRUCTURE 16
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 17
3.2 PRIMARY RESEARCH 18
3.3 SECONDARY RESEARCH 18
3.4 MARKET SIZE ESTIMATION 19
3.5 FORECAST MODEL 20
3.6 LIST OF ASSUMPTIONS 21
4 MARKET DYNAMICS
4.1 INTRODUCTION 22
4.2 DRIVERS 23
4.2.1 RISING CASES OF ILLEGAL ACTIVITIES 23
4.2.2 RISING CONCERN FOR DATA THEFT AND LOSS OF CONFIDENTIAL DATA 23
4.2.3 DRIVERS IMPACT ANALYSIS 23
4.3 RESTRAINT 24
4.3.1 DISCREPANCIES IN THE WORK PROCESS 24
4.3.2 RESTRAINT IMPACT ANALYSIS 24
4.4 OPPORTUNITY 24
4.4.1 GROWING NUMBER OF START-UPS AND SMALL ENTERPRISES 24
4.5 TECHNOLOGICAL TRENDS 25
4.5.1 REAL-TIME EMPLOYEE MONITORING 25
4.5.2 SOCIAL MEDIA SCREENING 25
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS 26
5.1.1 APPLICATION/PLATFORM DEVELOPERS 27
5.1.2 ASSEMBLER/SYSTEM INTEGRATORS 27
5.1.3 END USERS 27
5.2 PORTER’S FIVE FORCES MODEL 28
5.2.1 THREAT OF NEW ENTRANTS 28
5.2.2 BARGAINING POWER OF SUPPLIERS 29
5.2.3 BARGAINING POWER OF BUYERS 29
5.2.4 THREAT OF SUBSTITUTES 29
5.2.5 INTENSITY OF RIVALRY 29
5.3 REGULATORY LANDSCAPES 30
5.3.1 NORTH AMERICA 30
5.3.2 EUROPE 30
5.3.3 ASIA-PACIFIC 30
5.3.4 MIDDLE EAST and AFRICA 31
5.3.5 SOUTH AMERICA 31
6 GLOBAL EMPLOYMENT SCREENING SERVICES MARKET, BY SERVICE TYPE
6.1 CRIMINAL BACKGROUND CHECK SERVICES 32
6.2 EDUCATION AND EMPLOYMENT VERIFICATION SERVICES 32
6.3 CREDIT HISTORY CHECKS 32
6.4 DRUG and HEALTH SCREENING 33
7 GLOBAL EMPLOYMENT SCREENING SERVICES MARKET, BY END USER
7.1 BFSI 35
7.2 GOVERNMENT 35
7.3 INFORMATION TECHNOLOGY 35
7.4 INDUSTRIAL 36
7.5 OTHERS 36
8 GLOBAL EMPLOYMENT SCREENING SERVICES MARKET, BY REGION
8.1 OVERVIEW 38
8.2 NORTH AMERICA 39
8.2.1 US 43
8.2.2 CANADA 44
8.2.3 MEXICO 45
8.3 EUROPE 46
8.3.1 GERMANY 50
8.3.2 UK 51
8.3.3 FRANCE 52
8.3.4 REST OF EUROPE 53
8.4 ASIA-PACIFIC 54
8.4.1 CHINA 58
8.4.2 INDIA 59
8.4.3 JAPAN 60
8.4.4 SINGAPORE 61
8.4.5 AUSTRALIA 62