Dublin, March 14, 2023 (GLOBE NEWSWIRE) -- The "Global Employment Screening Services Market (2023-2028) by Service, Industry and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Employment Screening Services Market is estimated to be USD 6.97 Bn in 2023 and is expected to reach USD 11.36 Bn by 2028, growing at a CAGR of 10.26%.
Market Dynamics
Drivers
- Increasing Demand for Time-Efficient Selection Systems Owing to Rising Number of Job Applicants
- Rise in the Mobile Workforce and Job Immigrants
Restraints
- Lack of Defined Regulations in Certain Countries
Opportunities
- Government Initiatives to Protect Valuable Insights of Organizations
- Increasing Adoption of Artificial Intelligence (AI) for Remote Hiring
- Need to Decrease Risks for an Organization on Account of Increasing Fraudulent Applications
Challenges
- Discrimination Concerns among Individuals
Market Segmentations
The Global Employment Screening Services Market is segmented based on Service, Industry and Geography.
- By Service, the market is classified into Credit History Checks, Criminal Background Checks, Drug & Health Screening, and Education & Employment Verification.
- By Industry, the market is classified into Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Telecommunication, and Others.li>
- By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are A-Check America, Inc., Accurate Background, LLC, REED Co., Sentinel Background Checks, Sterling, Triton Inc., Verity Screening Solutions, etc.
Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Employment Screening Services Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Employment Screening Services Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Employment Screening Services Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 181 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $6.97 Billion |
| Forecasted Market Value (USD) by 2028 | $11.36 Billion |
| Compound Annual Growth Rate | 10.2% |
| Regions Covered | Global |
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Employment Screening Services Market, By Service
7 Global Employment Screening Services Market, By Industry
8 Americas' Employment Screening Services Market
9 Europe's Employment Screening Services Market
10 Middle East and Africa's Employment Screening Services Market
11 APAC's Employment Screening Services Market
12 Competitive Landscape
13 Company Profiles
14 Appendix
Companies Mentioned
- A-Check America, Inc.
- Accurate Background, LLC
- Accurate Now
- ADP, LLC.
- Authbridge Research Services Pvt. Ltd.
- Automatic Data Processing, Inc.
- Capita PLC.
- CareerBuilder Employment Screening, LLC
- Dataflow Group
- Employment Background Investigations, Inc.
- Employment Screening Services, Inc.
- Experian PLC.
- GoodHire
- HireRight, LLC.
- InfoMart, Inc.
- Insperity, Inc.
- Paychex, Inc.
- Paycor, Inc.
- Peopletrail
- Pinkerton Consulting & Investigations, Inc.
- REED Co.
- Sentinel Background Checks
- Sterling
- Triton Inc.
- Verity Screening Solutions
For more information about this report visit https://www.researchandmarkets.com/r/p1s9v6
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