Employment Screening Services Market Valued at USD 5.1 Billion in 2022, Expected to Grow at a CAGR of 10.2% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Employment Screening Services market size accounted for USD 5.1 Billion in 2022, growing at a CAGR of 10.2% from 2023 to 2033. The Employment Screening Services market refers to the global market for services that help employers verify and assess the background, qualifications, and suitability of potential job candidates. Employment screening services play a crucial role in the hiring process by providing employers with accurate and comprehensive information about candidates, ensuring a safe and reliable workforce. One of the key drivers of the Employment Screening Services market is the growing need for security and risk mitigation in the hiring process. Organizations across various industries are increasingly concerned about hiring individuals with a criminal history, falsified credentials, or other risks that may pose a threat to the workplace. Employment screening services help mitigate these risks by conducting thorough background checks, including criminal record checks, employment verification, educational verification, and drug testing. The rising emphasis on safety and risk management in the hiring process drives the demand for employment screening services.
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Key Highlights:
• The global Employment Screening Services Market size was valued at USD 5.1 billion in 2022 growing at a CAGR of 10.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Employment Screening Services Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Employment Screening Services market report also includes the following data points:
• COVID19 Impact on Employment Screening Services market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Employment Screening Services market
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Key Players
Some of the major Employment Screening Services players holding high market share include ADP LLC, Capita PLC, CareerBuilder LLC, and Experian. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• ADP LLC
• Capita PLC
• CareerBuilder LLC
• Experian
• First Advantage
• HireRight LLC
• Insperity
• Paychex, Inc.
• Paycor, Inc.
• REED
• Sterling
Segmental Analysis
Market Segment By Services with focus on market share, consumption trend, and growth rate of Employment Screening Services Market:
o Criminal Background Checks
o Education & Employment Verification
o Credit History Checks
o Drug & Health Screening
o Others services
Market Segment By application with a focus on market share, consumption trend, and growth rate of the Employment Screening Services Market:
o Healthcare
o IT/Technology/Media
o Financial Services
o Staffing
o Retail
o Industrial
o Travel/Hospitality
o Government/Education
o Transportation
o Others
Parameters Details
Market Size (2022) $ 5.1 Billion
CAGR (2023 to 2033) 10.2%
Market Segmentation Services, Application
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Employment Screening Services Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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