Employment Screening Services Market Driven by Surging Incidence of Illegal Activities

Employment Screening Services Market: Service Type (Criminal Background Check, Education & Employment Verification, Credit History Checks, Drug & Health Screening), End User (BFSI, Government, Information Technology, industrial) – Forecast till 2023

Pune, India - June 12, 2019 /MarketersMedia/ —

Market Highlights

Employment screening services identify and verify the past records of an employee to check the accuracy of an applicant's claims. Employment screening helps companies screen candidates for drugs and assess their behavior. It is extensively used in the hiring process. Market Research Future (MRFR) has recently released an in-depth study on the global employment screening services market and has outlined the various factors which can impact the market over the forecast period of 2017-2023. MRFR has projected the employment screening services market to reach a valuation of USD 4 Bn at a CAGR of 8% over the review period.

Various countries have their own set of rules pertaining to employee verification or background verification. This a significant factor which is spurring the growth of the employment screening services market. Growing incidences of illegal activities and money laundering in organizations has further prompted the use of employment screening services. Rise in number of immigrants who are increasingly migrating to different destinations for better job opportunities has added to the growth of the market. Immigrants pose the maximum amount of threat to any organizations and even to countries which necessitate employment screening. Moreover, concerns related to confidential data theft has also impacted the market growth considerably. Besides, growing number of start-ups providing employment screening services are likely to catapult the growth of the market over the forecast period.

Get the sample copy @ https://www.marketresearchfuture.com/sample_request/6024


On the basis of service type, the employment screening services market has been segmented into criminal background check services, credit history checks, education, and employment verification services, drug & health screening, and others.

By end-user, the employment screening services market is segmented into banking and financial services institute, government, information technology, industrial, and others.

Regional Analysis

By region, the employment screening services market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

The employment screening services market is majorly dominated by North America and is anticipated to expand at the highest rate over the forecast period. The region, especially the US, experiences a high inflow of immigrants who either come for jobs or higher studies. Moreover, the region boasts of one of the largest IT sectors of the world which results in increased demand for screening services. Strict rules and regulations in developed countries such as the US and Canada also act in favor of the market. In the US, the FCRA (Fair Credit Reporting Act) regulates the use of consumer reports holding the records of citizens. In addition, the presence of various key players in the region and highly supportive government policies are factors motivating the growth of the market.
Europe accounts for the second largest share of the market. The presence of banking and financial companies in the region, and growing IT industry in the region are propelling the growth of the market.

The APAC employment screening services market is set to showcase the highest growth rate over the forecast period. initiatives undertaken by the governments in the region to improve workplace safety and security has induced high demand within the market. Moreover, intensifying digitization in the region is prompting enterprises to transform the work process which too is a key factor in shaping the growth of the APAC market.

Competitive Landscape

The notable players in the employment screening services market include HireRight, Inc (U.S.), Automatic Data Processing, Inc (U.S.), Insperity, Inc (U.S.), First Advantage Corporation (U.S.), Capita plc (U.K), Reed (U.K), CareerBuilder (U.S.), Paycor, Inc (U.S.), Paychex, Inc (U.S.), Employment Screening Services, Inc (U.S.), and Experian plc (Ireland).
Other prominent market players include Insperity, Inc (U.S.), Pinkerton Corporate Risk Management (U.S.), DataFlow Group (UAE), Lowers Risk Group (U.S.), Sterling Talent Solutions (U.S.), GoodHire (U.S.), Verity Screening Solutions LLC (U.S.), A-Check America, Inc. (U.S.), AuthBridge (India), and Accurate Background, LLC (U.S.).

Industry Updates

May 2019 - Sterling, a leading service provider of background and identity services, announced the relaunch of Sterling Student, it's screening solution which allows universities run background checks on students seeking employment, admission, or internships related to safety-sensitive positions and fields.

Browse full report @ https://www.marketresearchfuture.com/reports/employment-screening-services-market-6024

List of Tables

Table1 World Population By Major Regions (2017 To 2030)
Table2 Global Employment Screening Services Market: By Region, 2017-2023
Table3 North America Employment Screening Services Market: By Country, 2017-2023
Table4 Europe Employment Screening Services Market: By Country, 2017-2023
Table5 Asia Pacific Employment Screening Services Market: By Country, 2017-2023
Table6 The Middle East & Africa Employment Screening Services Market: By Country, 2017-2023
Table7 Latin America Employment Screening Services Market: By Country, 2017-2023
Table8 Global Employment Screening Services By Service Type Market: By Regions, 2017-2023
Table9 North America Employment Screening Services By Service Type Market: By Country, 2017-2023
Table10 Europe Employment Screening Services By Service Type Market: By Country, 2017-2023

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com/reports/employment-screening-services-market-6024

Source URL: https://marketersmedia.com/employment-screening-services-market-driven-by-surging-incidence-of-illegal-activities/523332

Source: MarketersMedia

Release ID: 523332

Latest News

How do you teach kids about texting? Bring in the teenagers

Jun 18, 2019

ESSEN, Germany — How do you teach tech-savvy kids to safely navigate the digital world? In Germany, you bring in the teenagers. On a recent day, 18-year-old Chantal Hueben stood in front of a group of fifth-graders and asked them to brainstorm about the messaging program Whatsapp, which most are using to participate in a group chat for their class. They spoke about themes like cyberbullying and what material is OK to post. "Many are not really aware yet of the impact their messages can have on others," says Hueben, dressed all in black except for white sneakers. "We're teaching...

Apple previews new software as it diversifies beyond iPhones

Jun 18, 2019

SAN JOSE, Calif. — Apple, beset by falling iPhone sales, announced upcoming changes to its phone and computer software intended to highlight its new digital services and to further position it as a defender of personal privacy. The revisions previewed Monday during a conference in San Jose, California, included a new feature that will let people log into apps and other services with an Apple ID instead of relying on similar sign-in options from Facebook and Google — two companies that mine data to sell advertising. Apple said it won't collect tracking information about users from that service. As part...

Virtual reality helps police learn to interact with autistic

Jun 18, 2019

WASHINGTON — An autistic man walks out of a store without paying for a toy he picked up. He's followed by a storekeeper demanding he come back inside. The situation quickly escalates, and police are called. Officers arrive, their patrol car's lights flashing and sirens blaring, to find the man in the parking lot, yelling and not responding to their commands. They have a choice: confront the man and risk having the situation turn violent or regroup to figure out a different approach. The scenario is part of a virtual reality simulation for police that's being developed by Axon —...

Anti-groping smartphone app highly popular in Japan

Jun 18, 2019

TOKYO — A smartphone app developed by Japanese police is being widely downloaded by women trying to protect themselves from gropers on packed rush-hour trains. The "Digi Police" app was originally issued by Tokyo police three years ago, but a function to scare off molesters was only added a few months ago. Since then, the app has reportedly been downloaded hundreds of thousands of times — unusual for a government-developed mobile application. Women in crowded trains and other public places in Japan often face sexual harassment, but are typically too afraid to call out for help. With the app, victims...

Nonprofits turn to cryptocurrency to help needy Venezuelans

Jun 18, 2019

BARQUISIMETO, Venezuela — Andreina Cordero started the year skipping meals so her three kids could eat. Her husband, a construction worker, was out of a job. And the family's savings had been devastated by the nation's hyperinflation, limiting Cordero's children to a diet of rice, beans, pasta and fried corn patties. But the family got a break from their daily struggle to feed themselves this spring when a social worker enrolled them in a program run by a Silicon Valley startup that is donating cryptocurrency to hundreds of Venezuelan families. Every week from February to April, Cordero received a deposit...

About Us

Science Thread delivers quality and fascinating science and technology content that matters on a daily basis and makes it go viral.

Contact us: sales@sciencethread.com