Employment Screening Services (ESS) Market 2019 Size, Key Findings, Regional analysis, Key Players Profiles, Current Trends, Business Development and Upcoming Prospects 2018-2023

The report on the global Employment Screening Services (ESS) market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.

Market Highlights:

According to Market Research Future (MRFR), the global employment screening services market is set to mark a CAGR of 8% during the forecast period 2017 to 2023. The valuation of the global market is estimated to reach approximately USD 4 Bn by the end of 2023. The growth trajectory of the employment screening services market is directed by the government regulations mandating background verification of employees. Furthermore, it is in the best interest of the organizations to have an efficient background check of employees for identifying fraudulent candidates. Thus, large-scale deployment of the screening solutions has been predicted, thus, facilitating the expansion of the employment screening services market.

The rising cases of money laundering and data theft have catalyzed the demand for employee screening, and it is likely to exhibit a similar trend in the upcoming years. Additionally, the technological advancements brought by the key players are prognosticated to uplift the current status of the market. Overall, the employee screening services market is expected to remain highly lucrative over the projection period. However, the use of fake documents and discrepancies in the work process are estimated to hold the growth of the employment screening services market over the next couple of years.

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Major Key players

• Employment Screening Services, Inc (U.S.),
• Automatic Data Processing, Inc (U.S.),
• Capita plc (U.K),
• CareerBuilder (U.S.),
• Experian plc (Ireland),
• First Advantage Corporation (U.S.),
• HireRight, Inc (U.S.),
• Insperity, Inc (U.S.),
• Paycor, Inc (U.S.),
• Paychex, Inc (U.S.), Reed (U.K),

Other vendors include Accurate Background, LLC (U.S.), AuthBridge (India), A-Check America, Inc. (U.S.), DataFlow Group (UAE), Pinkerton Corporate Risk Management (U.S.), Sterling Talent Solutions (U.S.), Verity Screening Solutions LLC (U.S.), GoodHire (U.S.), Insperity, Inc (U.S.), Lowers Risk Group (U.S.), among others

According to MRFR, The Employment screening services market is estimated to grow at a CAGR of 8% During Forecast period of 2018 to 2023

Industry News:
Data Facts, a global provider of background screening solutions, announced the successful implementation of SilkRoad integration to benefit their mutual client, Drayer Physical Therapy Institute®, LLC (DPTI), for helping in enhancing hiring experience.
Corra Group, a specialist in employment screening and corporate research, pulled off a marketing strategy to attract a larger customer base by producing Dracula themed employment screening animation spot for Halloween.
Intellicorp Records, Inc., a provider of comprehensive background checks and employment screening solutions, has announced an alliance with iCIMS, which empowers companies to manage their hiring process. The alliance is formed with the aim of simplifying and improving candidate screening.

Segmentation:
By service type, the global employment screening services market is segmented into criminal background check services, education and employment verification services, credit history checks, and drug & health screening.
By end-user, the employment screening services market has been segmented into banking and financial services institute, government, information technology, and industrial.

Regional analysis:
By region, the global employment screening services market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is currently dominating the global market and is projected to emerge as the fastest growing regional market in the forthcoming years. The factors that are projected to contribute towards the proliferation of the employment screening services market in the region include rising count of immigrants applying for jobs, the presence of developed economies, legal enforcement such as the FCRA (Fair Credit Reporting Act), rising investments, etc. Additionally, the region is an IT hub which has intensified the need for employment screening by multiplying the job vacancies. Meanwhile, Asia Pacific is likely to exhibit tremendous growth owing to rapid industrialization, urbanization, government initiatives, etc. These factors are expected to aid the expansion of the employment screening services market in the region over the assessment period.

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Intended Audience
• Financial service providers
• IT organizations
• Government agencies
• Security Agencies
• Advisory firms
• Research firms

LIST OF TABLES
Table 1 World Population by Major Regions (2017 To 2030)
Table 2 Global Employment Screening Services Market: By Region, 2017-2023
Table 3 North America Employment Screening Services Market: By Country, 2017-2023
Table 4 Europe Employment Screening Services Market: By Country, 2017-2023
Table 5 Asia Pacific Employment Screening Services Market: By Country, 2017-2023
Continued……

LIST OF FIGURES
FIGURE 1 Global Employment Screening Services market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Employment Screening Services Market
FIGURE 4 Value Chain of Global Employment Screening Services Market
Continued……

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