Press release
Employment Screening Services Market Forecast Showing 7.7% CAGR to 2023: First Advantage, HireRight, LLC, Employment Screening Services
Employment Screening Services Market by Service (Criminal Background Checks, Education & Employment Verification, Credit History Checks, Drug & Health Screening, and Others) and Application (Banking & Financial Sector, Government Agencies, Information Technology, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023The Global Employment Screening Services Market accounted for $3,012 million in 2016 and is expected to reach $4,743 million by 2022, registering a CAGR of 7.7% from 2017 to 2022.
Employment screening is the process undertaken by background checking and employment screening providers to check the credibility of an employee before hiring; these services include consolidation, research, and data collection of an array of different verticals such as educational, employment history, credit history, criminal, financial and personal records about an individual for the purpose of evaluation for employment.
Employment screening refers to the credibility check undertaken by different organizations before hiring an employee in an organization. Employers use this service to consolidate an array of employment, financial, criminal, educational, and other records about an individual for employment purpose.
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Companies Profiled in this report includes: First Advantage, HireRight, LLC, Employment Screening Services, Inc., DataFlow Group, Lowers Risk Group, Insperity, GoodHire, Capita PLC, InfoMart, Inc., Employment Screening Resources, PreHire Screening Services, Mintz Global Screening, Verifile Ltd., Triton, Agenda Screening Services, Paychex, Inc., Experian, ADP, LLC., REED, A-Check America, Inc., S2Verify, LLC, CareerBuilder, LLC., Mind Your Business, ClearCare, and Paycor, Inc.
As the hiring and recruitment sector is technology driven, it has led to the development of superior quality services. The employment service provider segment accounted for the largest market share by offering innovative solutions for superior employment screening services. The employment screening services market is highly competitive in nature, owing to presence of numerous companies that provide background screening and employment history checks. At present, employers are highly concerned about the recruitment process, owing to advent of startups and developing organizations.
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KEY BENEFITS
The study provides an in-depth analysis of the global Employment Screening Services market with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends are outlined to determine the overall attractiveness of the market and single out profitable trends to gain a stronger foothold in the market
Quantitative analysis of the current market and forecast from 2016 to 2020 is provided to showcase the financial appetency of the market
Drivers and opportunities are evaluated to highlight the top factors responsible for market growth. Various segments are carefully evaluated to gauge the potential of the market
Porter's Five Forces Model and SWOT analysis of the industry illustrate the potency of the buyers & suppliers participating in the market
Table of Content:
1.Executive Summary
2.Introduction
3.Market Landscape
4.Market by Application, 2012-2022
5.Market by Country, 2012-2022
6.Company Profiles
6.1. First Advantage
6.1.1. Company Profile
6.1.2. Main Business/Business Overview
6.1.3. Products, Services, and Solutions
6.1.4. First Advantage Service Revenue (Million USD) (2012-2017)
Recent Developments
6.2. HireRight, LLC.
6.2.1. Company Profile
6.2.2. Main Business/Business Overview
6.2.3. Products, Services, and Solutions
6.2.4. HireRight, LLC Service Revenue (Million USD) (2012-2017)
6.2.5. Recent Developments
6.3. Employment Screening Services, Inc.
6.3.1. Company Profile
6.3.2. Main Business/Business Overview
6.3.3. Products, Services, and Solutions
6.3.4. Employment Screening Services, Inc. Service Revenue (Million USD) (2012-2017)
6.4. DataFlow Group
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