North America Employment Screening Services Market Forecast to 2028

North America Employment Screening Services Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Services (Background Check, Verification, and Medical & Drug Testing), End-User Industry (IT & Telecom, BFSI, Government Agencies, Travel & Hospitality, Manufacturing, Retail, Healthcare, and Others), and Organization Size (SMEs and Large Enterprise)

Send Enquiry

$2,100$3,500

Description

The North America employment screening services market is expected to grow from US$ 2,809.45 million in 2023 to US$ 4,204.88 million by 2028. It is estimated to grow at a CAGR of 8.4% from 2023 to 2028.

Demand for Time-Efficient Selection Systems Owing to Rising Number of Job Applicants Fuels North America Employment Screening Services Market

In the 21st century, there has been an enormous influx of population in urban cities in developed and developing countries in search of a better life. High standards of living, better job opportunities, and access to modern amenities and services are a few major factors driving the migration of the rural population to urban areas. The steady growth of developing economies in the post-recession era has led to a rise in the disposable income of consumers. With continued urbanization, the need for jobs in urban areas would grow at full throttle in the coming years. With a subsequent upsurge in the number of candidates applying for a single job position in any organization, selecting the most suitable candidate for a particular profile has become more tedious. Conventional interview methods for job screening prove time-consuming and inefficient. Thus, the demand for efficient and quicker employee screening systems triggers the adoption of employment screening services.

North America Employment Screening Services Market Overview

The employment screening services market in North America is segmented into the US, Canada, and Mexico. Employers across the US consider background checking as an integral part of their recruitment process. As per a recent study, around 70% of the companies based in the US perform background checks, and ∼80% of these companies scrutinize the criminal records of their potential candidates. The employment screening tests is performed based on the type of employer. For instance, for a job application not for a middle or high-level position, an employer might select low-cost screening options such as Google searches, social media reviews, and calling references. However, for managerial or top-level positions, an in-depth background check is required, which includes a credit report. Criminal record considerations vary from state to state in the US. For instance, some state governments significantly limit the degree to which an employer considers an employee’s criminal record. In Pennsylvania, an employer may consider criminal records only to the extent that they should not be related to a potential employee’s employment suitability.

North America Employment Screening Services Market Revenue and Forecast to 2028 (US$ Million)

North America Employment Screening Services Market Segmentation

The North America employment screening services market is segmented into services, end-user industry, organization size, and country.

Based on services, the North America employment screening services market is segmented into background check, verification, and medical & drug testing. The verification segment held the largest share of the North America employment screening services market in 2023.

Based on end-user industry, the North America employment screening services market is segmented into IT & Telecom, BFSI, government agencies, travel & hospitality, manufacturing, retail, healthcare, and others. The IT & Telecom segment held the largest share of the North America employment screening services market in 2023.

Based on organization size, the North America employment screening services market is segmented into SMEs and large enterprise. The large enterprise segment held a larger share of the North America employment screening services market in 2023.

Based on country, the North America employment screening services market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America employment screening services market in 2023.

Accurate Background Holdings LLC; A-Check America Inc; First Advantage Corp; HireRight holdings Corp; Inflection Risk Solutions LLC; Insperity Inc; Pinkerton Consulting & Investigations Inc; Sterling Check Corp; Triton Inc; and Verity Screening Solutions LLC are the leading companies operating in the North America employment screening services market.

Summary Info

Industry:

Pricing options:

, ,

Publishing status:

Geographical coverage:

Year of Publication:

At 8.4% CAGR, the North America Employment Screening Services Market is speculated to be worth US$ 4,204.88 million by 2028, says the research team

According to the research team’ research, the North America employment screening services market was valued at US$ 2,809.45 million in 2023 and is expected to reach US$ 4,204.88 million by 2028, registering a CAGR of 8.4% from 2023 to 2028. Demand for time efficient selection systems owing to rising number of job applicants, increase in job immigrants amid globalization, and need to mitigate risks associated with fraudulent activities of applicants are the critical factors attributed to the North America employment screening services market expansion.

In the process of globalization, highly advanced countries have experienced a large incoming of job immigrants. According to Migration Data Portal, there were 169 million international migrant workers in the world in 2019. There has been an increased influx of immigrants in low-skilled and highly professional jobs in the US, Canada, and other developed countries. Notable job opportunities for immigrants occur in private sector, textile, apparel, and leather manufacturing; agriculture; information technology, computers, and other electronics; and administrative and support services sectors. In 2017, ~29 million immigrants were working or looking for work in the US, making up ~17% of the total civilian labor force. Mischievous immigrants may pose a risk to an organization’s security and, eventually, to a country. As a result, countries offering job opportunities have laid down various regulations and prerequisites for job applicants. A survey conducted by the Society for Human Resource Management (SHRM) has identified a need for a comprehensive employment screening service for job immigrants because of several factors. These factors include the focus on security post-7/11 incident, the rising number of terrorist activities worldwide, legislation or modifications rolled out by newly appointed governments, availability of technologically advanced solutions for quicker and efficient background investigations, an upsurge in the frequency of misrepresentation of credentials by applicants, and growing competition among applicants due to the scarcity of jobs post-recession. Thus, a tremendous increase in the number of job immigrants, as well as growing fraudulent activities by applicants, bolsters the demand for a thorough background check during the candidate screening process, thereby driving the growth of the North America employment screening services market.

On the contrary, concerns related to confidentiality of candidate data hampers the North America Employment Screening Services Market.

Based on services, the North America employment screening services market is segmented into background check, verification, and medical & drug testing. The verification segment held 55.5% share of North America Employment Screening Services Market in 2023, amassing US$ 1,559.72 million. It is projected to garner US$ 2,272.78 million by 2028 to expand at 7.8% CAGR during 2023–2028.

Based on end-user industry, the North America employment screening services market is segmented into IT & Telecom, BFSI, government agencies, travel & hospitality, manufacturing, retail, healthcare, and others. The IT & Telecom segment held 30.3% share of North America Employment Screening Services Market in 2023, amassing US$ 851.42 million. It is projected to garner US$ 1,371.88 million by 2028 to expand at 10.0% CAGR during 2023–2028.

Based on organization size, the North America employment screening services market is segmented into SMEs and large enterprise. The large enterprise segment held 64.8% share of North America Employment Screening Services Market in 2023, amassing US$ 1,819.35 million. It is projected to garner US$ 2,688.99 million by 2028 to expand at 8.1% CAGR during 2023–2028.

Based on country, the North America employment screening services market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 78.9% share of North America Employment Screening Services Market in 2023. It was assessed at US$ 2,217.35 million in 2023 and is likely to hit US$ 3,242.38 million by 2028, exhibiting a CAGR of 7.9% during the forecast period.

Key players dominating the North America employment screening services market are Accurate Background Holdings LLC; A-Check America Inc; First Advantage Corp; HireRight holdings Corp; Inflection Risk Solutions LLC; Insperity Inc; Pinkerton Consulting & Investigations Inc; Sterling Check Corp; Triton Inc; and Verity Screening Solutions LLC, among others.

In 2020, Accurate Background, LLC, a leading provider of compliant background checks, substance and health screening, and Form I-9 verifications, reported today that it has added new services to its COVID-19 Program to assist businesses in hiring and thriving during the pandemic.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America employment screening services market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America employment screening services market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
1.3.1 North America Employment Screening Services Market – By Services
1.3.2 North America Employment Screening Services Market – By Application
1.3.3 North America Employment Screening Services Market – By Organization Size
1.3.4 North America Employment Screening Services Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Employment Screening Services Market Landscape
4.1 Market Overview
4.2 North America: PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Employment Screening Services Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Demand for Time-Efficient Selection Systems Owing to Rising Number of Job Applicants
5.1.2 Increase in Job Immigrants Amid Globalization
5.1.3 Need to Mitigate Risks Associated with Fraudulent Activities of Applicants
5.2 Market Restraints
5.2.1 Concerns Related to Confidentiality of Candidate Data
5.3 Market Opportunities
5.3.1 Introduction of Big Data
5.4 Future Trends
5.4.1 Demand for Enterprise-Level Software and Database
5.4.2 Adoption of Blockchain and Other Advanced Technologies in Employee Screening
5.4.3 Modifications in Background Screening Processes
5.5 Impact Analysis of Drivers and Restraints
6. Employment Screening Services Market – North America Analysis
6.1 North America Employment Screening Services Market Overview
6.2 North America Employment Screening Services Market – Revenue and Forecast to 2028 (US$ Million)
7. North America Employment Screening Services Market Analysis – By Services
7.1 Overview
7.2 North America Employment Screening Services Market, By Services (2022 and 2028)
7.3 Background Screening
7.3.1 Overview
7.3.2 Background Screening: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
7.3.3 Credit Check
7.3.3.1 Overview
7.3.3.2 Credit Check: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
7.3.4 Criminal Record Check
7.3.4.1 Overview
7.3.4.2 Criminal Record Check: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
7.4 Verification
7.4.1 Overview
7.4.2 Verification: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
7.4.3 Qualification
7.4.3.1 Overview
7.4.3.2 Qualification: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
7.4.4 Employment History Verification
7.4.4.1 Overview
7.4.4.2 Employment History Verification: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
7.4.5 Reference
7.4.5.1 Overview
7.4.5.2 Reference: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
7.4.6 Others
7.4.6.1 Overview
7.4.6.2 Others: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
7.5 Medical and Drug Testing
7.5.1 Overview
7.5.2 Medical and Drug Testing: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
8. North America Employment Screening Services Market Analysis – By End User Industry
8.1 Overview
8.2 North America Employment Screening Services Market, By End User Industry (2022 and 2028)
8.3 IT and Telecom
8.3.1 Overview
8.3.2 IT and Telecom: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.4 BFSI
8.4.1 Overview
8.4.2 BFSI: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.5 Government Agencies
8.5.1 Overview
8.5.2 Government Agencies: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.6 Travel and Hospitality
8.6.1 Overview
8.6.2 Travel and Hospitality: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.7 Manufacturing
8.7.1 Overview
8.7.2 Manufacturing: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.8 Retail
8.8.1 Overview
8.8.2 Retail: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.9 Healthcare
8.9.1 Overview
8.9.2 Healthcare: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
8.10 Others
8.10.1 Overview
8.10.2 Others: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
9. North America Employment Screening Services Market – By Organization Size
9.1 Overview
9.2 North America Employment Screening Services Market Breakdown, by Organization Size, 2020 & 2028
9.3 Small and Medium-Sized Enterprises (SMEs)
9.3.1 Overview
9.3.2 Small and Medium Sized Enterprises: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Large Enterprises
9.4.1 Overview
9.4.2 Large Enterprises: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
10. North America Employment Screening Services Market – Country Analysis
10.1 Overview
10.1.1 North America Employment Screening Services Market Breakdown, by Country
10.1.1.1 US: North America Employment Screening Services Market, Revenue and Forecast to 2028
10.1.1.1.1 US: North America Employment Screening Services Market Breakdown, By Services
10.1.1.1.2 US: North America Employment Screening Services Market Breakdown, By Background Screening
10.1.1.1.3 US: North America Employment Screening Services Market Breakdown, By Verification
10.1.1.1.4 US: North America Employment Screening Services Market Breakdown, By End User Industry
10.1.1.1.5 US: North America Employment Screening Services Market Breakdown, By Organization Size
10.1.1.2 Canada: North America Employment Screening Services Market, Revenue and Forecast to 2028
10.1.1.2.1 Canada: North America Employment Screening Services Market Breakdown, By Services
10.1.1.2.2 Canada: North America Employment Screening Services Market Breakdown, By Background Screening
10.1.1.2.3 Canada: North America Employment Screening Services Market Breakdown, By Verification
10.1.1.2.4 Canada: North America Employment Screening Services Market Breakdown, By End User Industry
10.1.1.2.5 Canada: North America Employment Screening Services Market Breakdown, By Organization Size
10.1.1.3 Mexico: North America Employment Screening Services Market, Revenue and Forecast to 2028
10.1.1.3.1 Mexico: North America Employment Screening Services Market Breakdown, By Services
10.1.1.3.2 Mexico: North America Employment Screening Services Market Breakdown, By Background Screening
10.1.1.3.3 Mexico: North America Employment Screening Services Market Breakdown, By Verification
10.1.1.3.4 Mexico: North America Employment Screening Services Market Breakdown, By End User Industry
10.1.1.3.5 Mexico: North America Employment Screening Services Market Breakdown, By Organization Size
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Product Development
12. Company Profiles
12.1 Accurate Background Holdings LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 A-Check America Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 First Advantage Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 HireRight holdings Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Insperity Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Sterling Check Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Inflection Risk Solutions LLC
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Pinkerton Consulting & Investigations Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Triton Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Verity Screening Solutions LLC
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES

Table 1.             North America Employment Screening Services Market – Revenue and Forecast to 2028 (US$ Million)
Table 2.             North America Employment Screening Services Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 3.             US: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Services (US$ Million)
Table 4.             US: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Background Screening (US$ Million)
Table 5.             US: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Verification (US$ Million)
Table 6.             US: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By End User Industry (US$ Million)
Table 7.             US: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Organization Size (US$ Million)
Table 8.             Canada: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Services (US$ Million)
Table 9.             Canada: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Background Screening (US$ Million)
Table 10.          Canada: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Verification (US$ Million)
Table 11.          Canada: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By End User Industry (US$ Million)
Table 12.          Canada: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Organization Size (US$ Million)
Table 13.          Mexico: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Services (US$ Million)
Table 14.          Mexico: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Background Screening (US$ Million)
Table 15.          Mexico: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Verification (US$ Million)
Table 16.          Mexico: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By End User Industry (US$ Million)
Table 17.          Mexico: North America Employment Screening Services Market, Revenue and Forecast to 2028 – By Organization Size (US$ Million)
Table 18.          List of Abbreviation
 
 

LIST OF FIGURES

Figure 1.           North America Employment Screening Services Market Segmentation
Figure 2.           North America Employment Screening Services Market Segmentation – By Country
Figure 3.           North America Employment Screening Services Market Overview
Figure 4.           Verification Segment held the Largest Share of North America Employment Screening Services Market
Figure 5.           Mexico to Show Great Traction During Forecast Period
Figure 6.           North America: PEST Analysis
Figure 7.           Expert Opinion
Figure 8.           North America Employment Screening Services Market, Impact Analysis of Drivers and Restraints
Figure 9.           North America Employment Screening Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10.        North America Employment Screening Services Market Breakdown, By Services, 2022 & 2028 (%)
Figure 11.        Background Screening: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 12.        Credit Check: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 13.        Criminal Record Check: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 14.        Verification: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 15.        Qualification: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 16.        Employment History Verification: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 17.        Reference: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 18.        Others: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 19.        Medical and Drug Testing: North America Employment Screening Services Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 20.        North America Employment Screening Services Market Revenue Share, By End User Industry (2022 and 2028)
Figure 21.        IT and Telecom: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
Figure 22.        BFSI: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
Figure 23.        Government Agencies: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
Figure 24.        Travel and Hospitality: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
Figure 25.        Manufacturing: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
Figure 26.        Retail: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
Figure 27.        Healthcare: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
Figure 28.        Others: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
Figure 29.        North America Employment Screening Services Market Breakdown, By Organization Size, 2022 & 2028 (%)
Figure 30.        Small and Medium Sized Enterprises: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
Figure 31.        Large Enterprises: North America Employment Screening Services Market- Revenue and Forecast to 2028 (US$ Million)
Figure 32.        North America Employment Screening Services Market, by Key Country – Revenue (2022) (US$ Million)
Figure 33.        North America Employment Screening Services Market Breakdown, by Country, 2022 & 2028 (%)
Figure 34.        US: North America Employment Screening Services Market, Revenue and Forecast to 2028 (US$ Million)
Figure 35.        Canada: North America Employment Screening Services Market, Revenue and Forecast to 2028 (US$ Million)
Figure 36.        Mexico: North America Employment Screening Services Market, Revenue and Forecast to 2028 (US$ Million) 

The List of Companies – North America Employment Screening Services Market

o Accurate Background Holdings LLC
o A-Check America Inc
o First Advantage Corp
o HireRight holdings Corp
o Inflection Risk Solutions LLC
o Insperity Inc
o Pinkerton Consulting & Investigations Inc
o Sterling Check Corp
o Triton Inc
o Verity Screening Solutions LLC

Reviews

There are no reviews yet.

Be the first to review “North America Employment Screening Services Market Forecast to 2028”