Market Overview:
The global employment background check software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for cloud-based and on-premises software solutions by small and medium enterprises (SMEs) and large enterprises across different regions. Additionally, the growing awareness about safety and security among employees is also propelling the growth of this market.
Product Definition:
Employment Background Check Software is used to screen employees for previous criminal offenses and other background information. The purpose of Employment Background Check Software is to ensure that the employee does not have a criminal history that would make them unsuitable for the position.
Cloud-based:
Cloud-based software is a type of software service that provides solutions to manage and store data on digital media instead of physical storage. The information is stored remotely using an internet connection, which can be accessed from any location in the world. Cloud-based services offer benefits such as increased accessibility, lower costs, and better security than traditional methods.
On-premises:
On-premises software is a type of software that is installed and used on the end user's computer, laptop or desktop. The end user will log into the system using their own credentials to access data. This type of system can be easily customized as per client requirements which makes it more preferable for various organizations across different industry verticals such as BFSI, government and defense among others.
Application Insights:
The large enterprises segment dominated the global employment background check software market in 2017, accounting for over 60% of the overall revenue. The growth can be attributed to factors such as increased compliance risks and high cost associated with employee screening. Large enterprises are presumed to have a higher risk of fraud, theft or embezzlement due to extensive resources and greater complexity in operations. This factor is likely to increase business costs without providing any additional benefits, thereby making it attractive for small and medium-sized businesses (SMEs).
The SMEs segment is projected register the highest CAGR from 2018 to 2030 owing to increasing adoption of technology by these smaller organizations that offer online payment facilities through e-wallets, online banking services through internet banking and mobile applications that help them manage their day-to-day operations more efficiently.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to stringent employment regulations, which has led to a significant adoption of background check software by enterprises in the region. In addition, high demand for security solutions is also expected to drive regional market growth over the forecast period.
The Asia Pacific is anticipated to witness substantial growth over the forecast period owing to increasing government initiatives and investments aimed at creating job opportunities for skilled labor across various sectors including IT and telecom, BFSI, healthcare & life sciences and others. These factors are projected to boost regional demand for employee screening services during the forecast period.
Growth Factors:
- Increasing demand for Employment Background Check Software from small and medium-sized businesses (SMBs) due to the growing awareness of the benefits of using such software.
- The increasing number of online job portals and the growing popularity of social media are helping to drive demand for Employment Background Check Software.
- The increasing use of cloud-based solutions is helping to fuel growth in the Employment Background Check Software market.
- The rising number of mergers and acquisitions is leading to an increase in demand for Employment Background Check Software solutions.
- Growing concerns about data security and privacy are driving organizations towards adoption of employment background check software
Scope Of The Report
Report Attributes
Report Details
Report Title
Employment Background Check Software Market Research Report
By Type
Cloud-based, On-premises
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
Certifix, Instant Checkmate, Checkr, PeopleG2, Sterling Infosystems, PreHire Screening Services, TazWorks, CoreScreening, Accio Data, Background Investigation Bureau
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Employment Background Check Software Market Report Segments:
The global Employment Background Check Software market is segmented on the basis of:
Types
Cloud-based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises (SMEs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Certifix
- Instant Checkmate
- Checkr
- PeopleG2
- Sterling Infosystems
- PreHire Screening Services
- TazWorks
- CoreScreening
- Accio Data
- Background Investigation Bureau
Highlights of The Employment Background Check Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premises
- By Application:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Employment Background Check Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Employment Background Check Software is a computer software application that performs a criminal background check on an individual.
Some of the key players operating in the employment background check software market are Certifix, Instant Checkmate, Checkr, PeopleG2, Sterling Infosystems, PreHire Screening Services, TazWorks, CoreScreening, Accio Data, Background Investigation Bureau.
The employment background check software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Employment Background Check Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Employment Background Check Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Employment Background Check Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Employment Background Check Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Employment Background Check Software Market Size & Forecast, 2018-2028 4.5.1 Employment Background Check Software Market Size and Y-o-Y Growth 4.5.2 Employment Background Check Software Market Absolute $ Opportunity
Chapter 5 Global Employment Background Check Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Employment Background Check Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Employment Background Check Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Employment Background Check Software Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Employment Background Check Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Employment Background Check Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Employment Background Check Software Analysis and Forecast
9.1 Introduction
9.2 North America Employment Background Check Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Employment Background Check Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Employment Background Check Software Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Employment Background Check Software Analysis and Forecast
10.1 Introduction
10.2 Europe Employment Background Check Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Employment Background Check Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Employment Background Check Software Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Employment Background Check Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Employment Background Check Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Employment Background Check Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Employment Background Check Software Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Employment Background Check Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Employment Background Check Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Employment Background Check Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Employment Background Check Software Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Employment Background Check Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Employment Background Check Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Employment Background Check Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Employment Background Check Software Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Employment Background Check Software Market: Competitive Dashboard
14.2 Global Employment Background Check Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Certifix
14.3.2 Instant Checkmate
14.3.3 Checkr
14.3.4 PeopleG2
14.3.5 Sterling Infosystems
14.3.6 PreHire Screening Services
14.3.7 TazWorks
14.3.8 CoreScreening
14.3.9 Accio Data
14.3.10 Background Investigation Bureau