Within the employment screening services market, various regions are observed to exhibit different growth trends. North America hold the largest share of the total employment screening services market. While the regions such as Europe and APAC are expected to exhibit high growth along with the increasing growth in industrial and IT sector.
The Global Employment Screening Services Market accounted to US$3.89 Bn in 2017 and is expected to grow at a CAGR of 4.32% during the forecast period 2017 - 2025, to account to US$5.46 Bn by 2025.
In this modern world, it is essential for organizations to protect their companies as well as their employees. This need has brought about a build in the utilization of employment screening services as part of the recruitment procedure. Employment screening allows the employers to take efficient decision while hiring, and potentially avoid workplace threats such as fraud, abuse, theft, and violence. Further, screening programs can also protect an organization against negligent hiring.
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The prominent players in the Employment Screening Services Market include: Pinkerton Corporate Risk Management, HireRight, LLC, A-Check America, Inc., Verity Screening Solutions LLC, Capita plc, Triton, DataFlow Group, Sterling Talent Solutions, First Advantage, Accurate Background, AuthBridge, Insperity and GoodHire and among others.
As urbanization has increased, there have been increasing need for creation of jobs in the urban areas. The number of applicants applying for a job in any organization has increased to very high numbers. Selecting the most suitable candidate for a particular profile has become more tedious and the conventional methods of conducting interviews for job screening prove time consuming and inefficient. The urban area ecosystem is such that, it has to accommodate the population with a certain number of jobs. Thus, the demand for an efficient and quicker employee screening systems have been contributing to the use of employment screening services by organizations.
Key findings of the study:
- North America is anticipated to account the largest employment screening services market share
- Based on the services, the verification service is projected to dominate the employment screening services market
- Industrial application led the employment screening services market by application in 2017
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"Market Analysis of Global Employment Screening Services Until 2027" is an in-depth and in-depth study of the technology, media and telecommunications sector, with particular attention to market trend analysis world. The report aims to provide an overview of the Employment Screening Services market with detailed segmentation of the market by component, type of deployment, industry and region. The global Employment Screening Services market is expected to experience strong growth over the forecast period. The report provides key statistics on the state of the main market Employment Screening Services market players and presents key market trends and opportunities.
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– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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