Press release
Employment Screening Services Market to grow up to US$ 7.1 billion by 2031 | Accurate Background, AuthBridge Research Services Pvt. Ltd., A-Check America, Inc, DataFlow Group
Global Employment Screening Services Market was valued at US$ 4.4 billion in 2021 and it is anticipated to grow up to US$ 7.1 billion by 2031, at a CAGR of 4.9% during the forecast period.The global employment screening services market report from Global Insight Services is the single authoritative source of intelligence on Employment Screening Services Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Read more about Employment Screening Services Market here: https://www.globalinsightservices.com/reports/employment-screening-services-market
Employment screening is the process of examining a candidate to protect an organization from a fraudulent employee. It examines the candidate's behavior, verifies credentials, verifies criminal histories, examines social media, and drug screening activity, which benefits the firm by reducing workplace violence, and preventing incorrect hiring. It is widely used in the banking & financial sectors, IT, and other industries, such as government agencies, healthcare, manufacturing, and retail.
Market Drivers and Trends
Due to the increasing number of job applicants, the demand for employment screening services is due to time-efficient selection systems. The modern era has witnessed a huge population influx in the urban cities of developing and developed economies, searching for a better life. Higher job opportunities, higher living standards, and access to modern amenities & services are a few primary factors that have contributed to the migration of the rural population to urban areas worldwide. Thus, there was a rise in the disposable incomes of consumers. As urbanization will continue to grow in the coming years, the need for job creation in urban areas will also grow at full throttle. A competitive region enables industries and firms to create job opportunities, raise productivity, and increase citizens' incomes.
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Global Employment Screening Services Market Segmentation
By Services
• Background Screening
• Verification
• Medical & Drug Testing
By End-Use Industry
• IT & Telecom
• BFSI
• Government Agencies
• Travel & Hospitality
• Manufacturing
• Retail
• Healthcare
• Others
By Region
• North America
• Europe
• Asia Pacific
Major Players in the Global Employment Screening Services Market
The key players studied in the global employment screening services market are Accurate Background (US), AuthBridge Research Services Pvt. Ltd. (India), A-Check America, Inc. (US), DataFlow Group (UAE), Capita PLC (UK), First Advantage Corporation (US), HireRight, LLC (US), Pinkerton Consulting & Investigations, Inc. (US), Sterling (US), and Triton Inc. (Canada).
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