Employment Screening Services Market Analysis 2021-2030 With Data from Leading Countries and, Share, Scope, Trends, Industry Size, Growth, Opportunities and Demand with Competitive Landscape and Analytical Research Report

In a recent published report, Kenneth Research has updated the market report for Employment Screening Services Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Employment Screening Services Market products.

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The Employment Screening Services Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.

The process of identifying, verifying and various past records of an employee on job or pre-employment such as criminal records, background verification, credit checks, and others. Every country government have made their own rules and regulations regarding background verification of employees or candidates selected for the job.

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The main purpose of these employment screening services is to identify the authenticity of a candidate for the security of the organization and also to safeguard the organization from fraudulent candidates. These employment verification checks include educational and employment history, residential address verification, credit history, and criminal background verification and others. In a survey done by Powerchex in 2008 and 2009 for identifying discrepancies, criminal records, bank records and others regarding attrition rate, responsibilities of employees and academic records and qualifications. The results of this survey made many organization to adopt more employment screening services.

The major factors that impact the market growth include the rising concern for data theft and loss of confidential data among the enterprises. Moreover, the rising cases of illegal activities and money laundering is encouraging the employers to adopt various employment screening services. However, the market is been slowed down by certain factors such as growing use of fake documents, and discrepancies in the work process. In a news report by CBC Canada, the fraud cased in the workplace has approximately cost over USD 3 billion.

The government of major countries keep track on the employees joining organizations across the borders by regularly changing the rules and regulations formulated for background verification of the employees. The market of employment screening service is expected to grow at a decent rate, due to growing number of start-ups and small enterprises engaged in providing employee verification services.

Source: MRFR Analysis


On the basis of servcie type, the market is segmented into criminal background check services, education and employment verification services, credit history checks, drug & health screening, among others.On the basis of end-user, the market is segmented into banking and financial services institute, government, information technology, industrial, and others.On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and rest of the world.

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Regional analysis

The global employment screening services market is estimated to grow at a significant rate during the forecast period due to growing concern for data theft and discrepencies in the workplace. The geographical analysis of employment screening services market marks the study for regions like North America, Europe (including Russia), Asia Pacific (including Australia and New Zealand) and rest of the world (including the Middle East, Africa, and South America). Among the regions mentioned above, at present, the market is highly dominated by North America and is also expected to grow at the highest growth rate during the forecast period. The North American region has witnessed a higher number of immigrants in search for job, and is also one of the largest IT hubs.

In addition, the region hold most of the developing countries with emerging economies such as the U.S. and Canada. Another major factor for the growth of employment screening services market is the strict rules and regulations in the U.S. In United States, the FCRA (Fair Credit Reporting Act) is responsible to regulate the use of consumer reports holding the records of citizens. The market is expected to get lot of investment opportunities from large and prominent vendors. It is highly supported by the initiatives of government.

Key players

Some of the major players in global employment screening services market include Employment Screening Services, Inc (U.S.), Automatic Data Processing, Inc (U.S.), Capita plc (U.K), CareerBuilder (U.S.), Experian plc (Ireland), First Advantage Corporation (U.S.), HireRight, Inc (U.S.), Insperity, Inc (U.S.), Paycor, Inc (U.S.), Paychex, Inc (U.S.), Reed (U.K), among others.

Other vendors include Accurate Background, LLC (U.S.), AuthBridge (India), A-Check America, Inc. (U.S.), DataFlow Group (UAE), Pinkerton Corporate Risk Management (U.S.), Sterling Talent Solutions (U.S.), Verity Screening Solutions LLC (U.S.), GoodHire (U.S.), Insperity, Inc (U.S.), Lowers Risk Group (U.S.), among others

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Intended Audience

Financial service providers

IT organizations

Government agencies

Security Agencies

Advisory firms

Research firms

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