市場調查報告書
商品編碼
1540883
2024-2032 年按服務、組織規模、應用和地區分類的就業篩選服務市場報告Employment Screening Services Market Report by Service, Organization Size, Application, and Region 2024-2032 |
2023年,IMARC Group就業篩選服務市場規模達57億美元。市場成長是由遠端招聘需求不斷成長以及對資料安全和人工智慧整合的日益重視所推動的。
主要市場促進因素:公司對員工安全、政府機構嚴格監管和合規性的日益擔憂正在對就業篩選服務市場前景產生積極影響。此外,人工智慧、機器學習、自動化等技術的日益使用,預計將進一步增加就業篩選服務市場的收入。
主要市場趨勢:由於詐欺發生率不斷上升,背景調查的需求不斷增加,正在改變就業篩選服務業。雇主越來越依賴篩選服務來驗證潛在員工的身份、資格、犯罪記錄和就業背景。
地理趨勢:根據就業篩選服務市場研究,北美佔據最大的市場佔有率。該地區個人對資料安全風險的認知不斷提高是促進市場成長的主要因素之一。除此之外,北美企業正在採用雲端運算進行資料存儲,從而對該地區的就業篩選服務市場需求產生正面影響。
競爭格局:就業篩選服務業的一些主要市場參與者包括 A-Check America Inc.、ADP Inc.、Capita PLC、CareerBuilder LLC、Experian plc、First Advantage、HireRight LLC、Insperity、Paychex Inc.、Paycor Inc .、 REED 和Sterling 等。
挑戰與機會:對資料隱私和保護的日益關注給篩選服務提供者帶來了挑戰。此外,確保敏感候選人資訊在整個篩選過程(包括資料儲存和傳輸)的安全性對於維持信任和遵守法規至關重要。反過來,這可能會阻礙就業篩選服務市場的成長。然而,人工智慧(AI)和自動化等技術為提高篩選過程的效率和準確性提供了機會,從而增加了就業篩選服務的市場價值。
就業移民不斷增加
隨著在國外尋求就業機會的移民數量的增加,雇主面臨著核實這些候選人的背景和資格的挑戰。就業篩選服務有助於雇主確保移民求職者擁有在各自國家工作的必要資格、工作經驗和法律資格。這反過來又推動了就業篩選服務業的發展。許多國家都有嚴格的移民法律和法規來管理外籍勞工的就業。雇主必須核實移民求職者的移民身分、工作許可證和法律文件,以遵守這些法律。就業篩選服務協助雇主進行徹底檢查,以確保遵守移民法規。例如,經合組織國家的移民大幅增加,2022 年永久移民數將超過 600 萬人。此外,澳洲議會於2023年7月通過了移民修正案法案,以加強雇主合規措施並保護臨時移民工人免受剝削。預計這些促進因素將在可預見的未來促進就業篩選服務市場的成長。
嚴格監管並提高監管合規性
世界各國政府正在對就業實踐實施更嚴格的監管,以確保公平對待員工並防止歧視,從而刺激就業篩選服務市場收入。例如,美國的《公平信用報告法》(FCRA)和歐洲的《一般資料保護規範》(GDPR)等法規都規定了背景調查的具體程序,並要求雇主在進行篩選之前獲得求職者的同意。由於所涉及工作的敏感性,某些行業(例如金融、醫療保健和教育)對員工篩檢有額外的監管要求。為了遵守特定行業的法規,例如金融業監理局 (FINRA) 或健康保險流通與責任法案 (HIPAA) 規定的法規,需要對員工進行徹底的背景調查和持續監控。此外,對資料隱私和保護的日益關注導致實施更嚴格的法規來管理個人資訊的收集、使用和儲存。這將在預測期內繼續促進就業篩選服務市場。
新創企業數量不斷增加
根據就業篩選服務市場統計數據,新創公司正在經歷快速成長和擴張,導致僱用新員工的需求增加。隨著業務規模的擴大,他們需要高效、可靠的就業篩選服務,以確保他們做出明智的招募決策並降低招募風險。例如,根據《美國進步報》報道,創業家在2023 年第四季提交了45 萬份雇主申請表。 ,例如公平美國的信用報告法 (FCRA)。就業篩選服務透過確保其招聘流程遵守法律標準和最佳實踐來幫助新創公司遵守這些法規。隨著新創企業不斷激增並在全球經濟中發揮重要作用,預計未來幾年對就業篩選服務的需求將會成長。
人工智慧整合
人工智慧演算法可以分析履歷、求職信和工作申請,根據預先定義的標準識別合格的候選人。這種自動化篩選過程可以快速篩選出不合格的候選人,為雇主和篩選服務提供者節省時間和資源,這是就業篩選服務市場的關鍵促進因素之一。此外,這些工具可以透過分析公共記錄、社交媒體資料和線上資料庫等各種來源的大量資料,對候選人進行全面的背景調查。與傳統的手動方法相比,這有助於更有效地識別候選人背景中的任何差異或危險訊號。例如,總部位於倫敦的人工智慧招聘軟體公司 Metaview 為其基於法學碩士的軟體籌集了 700 萬美元,該軟體旨在在招聘過程中自動進行職位分析。此外,InCruiter 也為其廣泛的遠端招募選項推出了人工智慧招募工具。透過人工智慧面試,InCBot 提高了速度、準確性和公平性,徹底改變了遠端招募。
The global employment screening services market size reached US$ 5.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.0 Billion by 2032, exhibiting a growth rate (CAGR) of 7.3% during 2024-2032. The market growth is driven by the rising demand for remote hiring, along with the increasing emphasis on data security and AI integration.
Major Market Drivers: The rising concerns among companies about security of their employees, strict regulations and compliances by the government bodies is positively influencing the employment screening services market outlook. Moreover, the growing usage of technologies, such as artificial intelligence, machine learning, automation, etc., is expected to further proliferate the employment screening services market revenue.
Key Market Trends: The escalating need for background checks, owing to the elevating incidences of fraud, is transforming the employment screening services industry. Employers are increasingly relying on screening services to verify the identities, qualifications, criminal histories, and employment backgrounds of potential hires.
Geographical Trends: According to the employment screening services market research, North America accounted for the largest market share. The rising awareness among individuals in the region towards data security risks is one of the primary factors augmenting the market growth. Apart from this, businesses in North America are adopting cloud computing for data storage, thereby positively impacting the employment screening services market demand in the region.
Competitive Landscape: Some of the major market players in the employment screening services industry include A-Check America Inc., ADP Inc., Capita PLC, CareerBuilder LLC, Experian plc, First Advantage, HireRight LLC, Insperity, Paychex Inc., Paycor Inc., REED and Sterling, among many others.
Challenges and Opportunities: Heightened concerns around data privacy and protection pose challenges for the screening service providers. Moreover, ensuring the security of sensitive candidate information throughout the screening process, including data storage and transmission, is critical to maintaining trust and compliance with regulations. This, in turn, can hamper the employment screening services market growth. However, technologies, such as artificial intelligence (AI) and automation, offer opportunities for enhancing the efficiency and accuracy of screening processes, thereby increasing the employment screening services market value.
Rising Job Immigrants
As the number of immigrants seeking employment opportunities in foreign countries rises, employers face the challenge of verifying the backgrounds and qualifications of these candidates. Employment screening services help employers to ensure that immigrant job applicants have the necessary credentials, work experience, and legal eligibility to work in their respective countries. This, in turn, is propelling the employment screening services industry. Many countries have strict immigration laws and regulations governing the employment of foreign workers. Employers are required to verify the immigration status, work permits, and legal documentation of immigrant job candidates to comply with these laws. Employment screening services assist employers in conducting thorough checks to ensure compliance with immigration regulations. For instance, migration to OECD countries has increased significantly with more than six million permanent immigrants in 2022. Countries, such as Canada and United Kingdom, have recorded the highest numbers. Moreover, the Parliament of Australia passed a Migration amendment bill in July 2023 to strengthen the employer compliance measures and protect the temporary migrant workers from exploitation. These drivers are anticipated to augment the employment screening services market growth over the foreseeable future.
Stringent Regulations and Improved Regulatory Compliance
Governments worldwide are imposing stricter regulations on employment practices to ensure fair treatment of employees and protect against discrimination, thereby stimulating the employment screening services market revenue. For instance, regulations, such as the Fair Credit Reporting Act (FCRA) in the United States and the General Data Protection Regulation (GDPR) in Europe mandate specific procedures for background checks and require employers to obtain consent from job candidates before conducting screenings. Certain industries, such as finance, healthcare, and education, have additional regulatory requirements for employee screening due to the sensitive nature of the work involved. Compliance with industry-specific regulations, such as those set forth by the Financial Industry Regulatory Authority (FINRA) or the Health Insurance Portability and Accountability Act (HIPAA), necessitates thorough background checks and ongoing monitoring of employees. Furthermore, heightened concerns about data privacy and protection have led to the implementation of stricter regulations governing the collection, use, and storage of personal information. This will continue to catalyze the employment screening services market over the forecasted period.
Growing Number of Startups
According to the employment screening services market statistics, startups are experiencing rapid growth and expansion, leading to an increased need for hiring new employees. As they scale their operations, they require efficient and reliable employment screening services to ensure they make informed hiring decisions and mitigate hiring risks. For instance, according to the American Progress, entrepreneurs filed 450,000 employer application forms in the fourth quarter of 2023. While startups may operate in a fast-paced and dynamic environment, they are still subject to regulatory requirements governing employment practices, such as the Fair Credit Reporting Act (FCRA) in the United States. Employment screening services assist startups in complying with these regulations by ensuring that their hiring processes adhere to legal standards and best practices. As startups continue to proliferate and play a significant role in the global economy, the demand for employment screening services is expected to grow in the coming years.
Integration of Artificial Intelligence
AI algorithms can analyze resumes, cover letters, and job applications to identify qualified candidates based on predefined criteria. This automated screening process saves time and resources for employers and screening service providers by quickly filtering out unqualified candidates, which is one of the key employment screening services market drivers. Moreover, these tools can conduct comprehensive background checks on candidates by analyzing vast amounts of data from various sources, including public records, social media profiles, and online databases. This helps identify any discrepancies or red flags in a candidate's background more efficiently than traditional manual methods. For instance, Metaview, an AI hiring software company based in London has raised US$ 7 Million for its LLM-based software that aims to automate the analysis of jobs during the hiring process. Moreover, InCruiter has also launched its AI recruiting tool to its wide range of remote hiring options. With AI interviews, InCBot revolutionized remote hiring by making improvements in speed, accuracy, and fairness.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on service, organization size, and application.
Criminal Background Checks
Education and Employment Verification
Credit History Checks
Drug and Health Screening
Others
The report has provided a detailed breakup and analysis of the market based on the service. This includes criminal background checks, education and employment verification, credit history checks, drug and health screening, and others.
The employment screening market offers a range of services to help employers make informed hiring decisions by verifying the background and qualifications of potential employees. These services are designed to ensure that candidates are truthful about their credentials.
Small and Medium Enterprises
Large Enterprises
The report has provided a detailed breakup and analysis of the market based on the organization size. This includes small and medium enterprises and large enterprises.
According to the employment screening services market statistics, the hiring process for both small and medium-sized enterprises (SMEs) and large enterprises may differ. SMEs usually operate within limited budgets. Consequently, they look for employment screening services that provide cost-effective solutions while maintaining the quality of the screening. On the other hand, large enterprises usually require more comprehensive background checks, such as global screening for international candidates, on account of their wider geographical presence and diverse workforce.
Healthcare
IT & Technology and Media
Financial Services
Staffing
Retail
Travel and Hospitality
Government and Education
Transportation
Others
The report has provided a detailed breakup and analysis of the market based on the application. This includes healthcare, IT & technology and media, financial services, staffing, retail, travel and hospitality, government and education, transportation, and others.
Employment screening services are widely adopted in these industries to ensure that candidates are trustworthy, qualified, and suitable for their roles. For instance, employment screening is critical in the healthcare industry to ensure that staff members have the necessary certifications, qualifications, and licenses. Similarly, background checks are also essential in IT and technology and the media, as well as financial services companies, to ensure data security and protect against potential insider threats.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
The growing compliance by various countries is driving the growth in North America and Asia Pacific regions. Similar to the U.S., Canada has robust regulations governing employment screening, contributing to the demand for screening services. However, the market may be relatively smaller compared to the U.S. In the U.S., the elevating demand for employment screening services, owing to the rising number of immigrants, particularly from China, Canada, and India, is fueling the market growth in the country.
A-Check America Inc
ADP Inc.
Capita PLC
CareerBuilder LLC
Experian plc
First Advantage
HireRight LLC
Insperity
Paychex Inc.
Paycor Inc.
REED
Sterling
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
February 2024: Employment background check company, First Advantage Corp., situated in Atlanta, announced to purchase Independence, Ohio-based Sterling Check Corp. in a transaction valued at about US$ 2.2 Billion in cash and stock.
February 2024: Stone Point Capital and Atlantis raised an offer to acquire HireRight Holdings Corp (HRT), which is an employee screening company. In response to this, HireRight's stock surged 9.8% and is currently trading above $14 per share, the highest level since October 2022.
How has the global employment screening services market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global employment screening services market?
What are the key regional markets?
What is the breakup of the market based on the service?
What is the breakup of the market based on the organization size?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global employment screening services market and who are the key players?
What is the degree of competition in the industry?