DUBLIN, August 04, 2021--(BUSINESS WIRE)--The "Employment Screening Services Market by Service and Application: Global Opportunity Analysis and Industry Forecast, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
According to this report the global employment screening services market was valued at $4.06 billion in 2018 and is projected to reach $7.64 billion by 2026, growing at a CAGR of 8.3 % from 2019 to 2026.
Employment screening services include wide range of background verification checks, such as employment eligibility verifications, fingerprint screening, contractor screening, sex offender checks, motor vehicle checks, drug & alcohol screening, resident monitoring, and rental payment history. Furthermore, employment screening helps various organizations to screen potential employees by performing background checks and helps to protect company assets and its workers. Employers use this service to consolidate an array of employment, financial, criminal, educational, and other records about an individual for employment purposes.
The global employment screening services market is expected to be driven by improved quality of workforce, enhanced regulatory compliance with respect to employment, and merits associated with employment screening in organizations. Moreover, urgent requirement of background checking is expected to increase the demand for employment screening services during the forecast period. However, technology risks and discrimination concerns associated with employment screening are anticipated to restrain the market growth. Furthermore, untapped potential of emerging markets and increase in startup organizations are anticipated to provide lucrative opportunities for the market growth.
The employment screening services market is segmented on the basis of service, application, and region. By service, it is segregated into criminal background checks, education & employment verification, credit history checks, drug & health screening, and others. By application, it is segmented into healthcare, IT/technology/media, financial services, staffing, retail, industrial, travel/hospitality, government/ education, transportation, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The study provides in-depth analysis of the global employment screening services market along with the current & future trends to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the global employment screening services market size are provided in the report.
Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global employment screening services market from 2021 to 2028 is provided to determine the market potential.
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 2020
3.5. MARKET DYNAMICS
3.6. COVID-19 IMPACT ANALYSIS ON EMPLOYMENT SCREENING SERVICES MARKET
CHAPTER 4: EMPLOYMENT SCREENING SERVICES MARKET BY SERVICE
CHAPTER 5: EMPLOYMENT SCREENING SERVICES MARKET BY APPLICATION
CHAPTER 6: EMPLOYMENT SCREENING SERVICES MARKET BY REGION
CHAPTER 7: COMPANY PROFILES
For more information about this report visit https://www.researchandmarkets.com/r/2qtlsf
View source version on businesswire.com: https://www.businesswire.com/news/home/20210804005531/en/
Laura Wood, Senior Press Manager
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