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Education Verification Service Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts

Education Verification Service

Education Verification Service

Our market reports now include the latest updates on global tariffs, trade impacts, and evolving supply chain dynamics._x000D_
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What Is the Expected Education Verification Service Market Size During the Forecast Period?_x000D_
The market size for education verification services has experienced swift expansion in recent times. The market is projected to increase from $1.08 billion in 2024 to $1.24 billion in 2025, reflecting a compound annual growth rate (CAGR) of 14.3%. The historic period's growth has been propelled by the rising demand for adherence to recruitment protocols, amplification of the global workforce, the elevated adoption rates of digital verification technologies, an increasing focus on risk reduction in talent procurement, and the escalating regulatory demands for education verification._x000D_
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Rapid expansion is anticipated within the market for education verification services in the coming years, with projected growth to reach $2.08 billion by 2029, bolstered by a compound annual growth rate (CAGR) of 13.9%. The predicted expansion in the forecast period is due to several factors including the surge in global student mobility, the rise in collaborations between institutions and verification providers, increased use of automation in human resource processes, the uptick in the use of digital verification technologies, and a rise in remote and cross-border employment. During this forecast period, major trends to watch include progress in digital credentialing platforms, the use of advanced analytics for detecting fraud, collaboration with global academic databases, improvements in real-time data access, and the application of blockchain for secure credentialing._x000D_
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What Are the High-Growth Segments in the Education Verification Service Market?_x000D_
The education verification service market covered in this report is segmented -_x000D_
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1) By Service: Degree Verification, Certificate Verification, Transcript Verification, Other Services_x000D_
2) By Verification Method: Direct Verification, Third-Party Verification, Document Verification, Database Verification, Self-Verification_x000D_
3) By Application: Employment Screening, Academic Admissions, Professional Licensing, Other Applications_x000D_
4) By End-User: Employers, Educational Institutions, Government Agencies, Other End-Users_x000D_
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Subsegments:_x000D_
1) By Degree Verification: Undergraduate Degree Verification, Postgraduate Degree Verification, Professional Degree Verification, International Degree Verification_x000D_
2) By Certificate Verification: Academic Certificate Verification, Vocational Or Skill Certificate Verification, Online Course Certificate Verification, Language Proficiency Certificate Verification_x000D_
3) By Transcript Verification: Secondary School Transcript Verification, Undergraduate Transcript Verification, Graduate Transcript Verification, Transfer Transcript Verification_x000D_
4) By Other Services: Enrollment Verification, Attendance Record Verification, Accreditation Verification, Student Identity Verification_x000D_
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What Key Drivers Are Expected to Influence Future Education Verification Service Market Growth?_x000D_
The surging preference for remote work and digital learning is anticipated to steer the expansion of the education verification service market. Remote employment, characterized by flexibility, allows employees to work from unconventional locations, while online learning denotes internet-based academic programs that provide students the liberty to learn from any location. Technological progress facilitates smooth communication and resource accessibility, lending higher flexibility in managing professional or academic duties with personal obligations. Growing tendencies towards remote work and online learning have heightened the imperative for secure education verification services to authenticate academic credentials. These services can curtail fraud and affirm the authenticity of qualifications in the virtual milieu. To exemplify, data from the UK's Office for National Statistics in February 2023 reported that between September 2022 and January 2023, 16% of working adults claimed to consitently work from home, and 28% claimed to mix both home-based and workplace-based work. Further, data from Eurostat-a Luxembourg-based government organization-in January 2024 suggested that 30% of European Union internet users within the age group 16 to 74 engaged in an online course or availed online learning resources, indicating a rise by two-percentage points from 28% in 2022. Hence, the spiking preference for remote work and digital learning is a key driver stimulating the growth of the education verification service market._x000D_
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Which Companies Hold the Largest Share Across Different Education Verification Service Market Segments?_x000D_
Major companies operating in the education verification service market are Equifax Inc., First Advantage Corporation, HireRight LLC, Checkr Inc., Accurate Background LLC, Cisive Inc., National Student Clearinghouse Inc., Avvanz, ScoutLogic Inc., Justifacts Credential Verification Inc., JDP LLC, Verify360 LLC, Mintz Global Screening Inc., GoodHire Inc., InCheck Inc., CredentialCheck Inc., iCredify Inc., Clarifacts Inc., Global Verification Network LLC, AuraData Inc., Barada Associates LLC, SpringVerify Inc., AccuSourceHR Inc., Corra Group_x000D_
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What Trends Are Driving Growth in The Education Verification Service Market?_x000D_
Prominent firms engaged in the education verification service market are prioritizing the creation of innovative solutions, such as blockchain-powered platforms for academic credentials verification, aimed at fortifying the security, transparency, and effectiveness of the verification procedure. By leveraging blockchain, these academic credential verification platforms offer a safe, distributed system that can issue and validate tamper-resistant digital credentials, thereby enabling swift verification by employers or other concerned parties, eliminating the need for intermediaries. To illustrate, Data Vault Holdings Inc., an American tech firm, introduced VerifyU in September 2024, a program for real-time verification of academic credentials. This platform is engineered to offer reliable, instant, and non-temperable verification of one's academic achievements. Using blockchain, it manages to successfully tackle the shortcomings and fraud dangers posed by conventional methods of verification by ensuring the wholeness of data, cutting down time, and decreasing expenditures for students, educational organizations, and employers._x000D_
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What Are the Emerging Geographies for The Education Verification Service Market Growth?_x000D_
North America was the leading region in the education verification service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the education verification service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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Frequently Asked Questions:_x000D_
1. What Is the Market Size and Growth Rate of the Education Verification Service Market?_x000D_
2. What is the CAGR expected in the Education Verification Service Market?_x000D_
3. What Are the Key Innovations Transforming the Education Verification Service Industry?_x000D_
4. Which Region Is Leading the Education Verification Service Market?_x000D_
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Why This Report Matters:_x000D_
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Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors._x000D_
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Informed Decisions: Understand key strategies related to products, segmentation, and industry trends._x000D_
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Efficient Research: Quickly identify market growth, leading players, and major segments.

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