Employment Screening Services Market 2023 Global Outlook, Latest Trends, Business Growth And Forecast To 2032 | Major Players Are Automatic Data Processing Inc., Capita plc, CareerBuilder, Experian PLC, First Advantage

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Employment Screening Services Global Market Report 2023 identifies rising need to reduce fraudulent activities as the major driver for the Employment Screening Services Market's growth in the forecast period. Fraudulent activities refer to deliberate acts with the intention of obtaining an unauthorized benefit, such as money or property. The rising need to reduce fraudulent activities by newly hired employees with the intent of preventing financial and reputational loss to the organization.
The global employment screening services market size grew from $4.46 billion in 2022 to $4.82 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The employment screening services market size is expected to grow to $6.46 billion in 2027 at a CAGR of 7.6%.

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Major competitors in the employment screening services market are Automatic Data Processing Inc., Capita plc, CareerBuilder, Experian PLC, First Advantage, HireRight, Insperity Inc., Paychex Inc., Paycor, Reed Screening, Sterling, Triton, Verity Screening Solutions, GoodHire, and Employee Crossings.

A key trend in the Employment Screening Services Market includes technological advancement. Major companies operating in the market are developing technologically advanced offerings to streamline the customer and candidate experience. For instance, in May 2021, HireRight, a US-based group background screening company, launched its Applicant Center and offered its vaccination history questionnaire. This service allows employers to receive candidate or employee vaccination records quickly and conveniently. The service features a series of four questionnaires, namely the vaccination history questionnaire, the respirator medical questionnaire, the tuberculosis exposure questionnaire, and the COVID-19 vaccination questionnaire. This service offers employers the ability to efficiently screen the health records of employees. The questionnaire is based on the guidelines of various government regulatory bodies.

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The Employment Screening Services Market is segmented -
By Services: Background Screening, Verification, Driver Management, Medical, and Drug Testing
By Verification: Qualification, Employment History Verification, Reference, Other Verifications
By Background Screening: Credit Check, Criminal Record
By Application: Healthcare, IT/Technology/Media, Financial Services, Staffing, Retail, Industrial, Travel and Hospitality, Government and Education, Transportation, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Employment Screening Services Market.

The Business Research Company's "Global Employment Screening Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Employment Screening Services Market Include:
1. Executive Summary
2. Employment Screening Services Market Characteristics
3. Employment Screening Services Market Trends And Strategies
4. Employment Screening Services Market - Macro Economic Scenario
5. Employment Screening Services Market Size And Growth
……
26. Africa Employment Screening Services Market
27. Employment Screening Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Employment Screening Services Market
29. Employment Screening Services Market Future Outlook and Potential Analysis
30. Appendix

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