Market Overview:
The global online background check software market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for online background check software from small and medium enterprises (SMEs) and large enterprises across the globe. Additionally, the growing awareness about safety and security among individuals is also propelling the growth of this market. However, data privacy concerns may restrain the growth of this market in some regions during the forecast period.
Product Definition:
An online background check software is a computer program that enables users to search for information about individuals on the internet. The importance of online background check software is that it allows users to quickly and easily find information about individuals on the internet.
Cloud-based:
Cloud-based software is a collection of services that provide shared pooling of data and resources across multiple computers or devices connected to the internet. The service allows users to store large volumes of data on remote servers, making it easier for them to access information stored previously. Cloud-based software is used in various applications such as online backup, online storage, cloud computing and virtualization among others.
On-premises:
On-premises is a term used for software or hardware installation at the client's site. In other words, it means that the software or hardware is installed on an end user's computer system and can be accessed directly from there without any further intervention by Online Background Check Software. On-premises solutions are preferred over cloud solutions as they offer more control to users regarding data privacy and security.
Application Insights:
The large enterprises segment dominated the global online background check software market in 2017, accounting for over 60% of the overall revenue. The growth can be attributed to factors such as increased awareness about employee screening and fraud detection among enterprises. Large organizations usually have a robust security infrastructure in place and hence, are more prone to online frauds and cyberattacks than SMEs. As a result, SMEs prefer to use an on-premises solution owing to its cost-effectiveness compared with that of cloud-based solutions. However, companies within the same industry tend to share similar characteristics which may help smaller businesses secure a higher position in the market by tailoring their offerings towards larger enterprise requirements while simultaneously catering to small business needs through single sign-on capabilities and other functionalities unique only for small businesses (SMBs).
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of major players such as checksmartcheck, Inc.; background checkers, Inc.; and Inteliquent LLC. Moreover, these companies are investing heavily in developing new products that would help businesses comply with government regulations by providing them with online background check software solutions. For instance, on March 15th 2018, Checksmartcheck announced its collaboration with HireRight LLC to develop a national criminal history database for employers and job applicants using Checksmartcheck’s cloud-based solution.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing adoption of e-commerce across various industries in countries such as China and India which has led consumers demand for online background check software solutions from SMEs or large enterprises operating across these markets. Furthermore Background Checkers Pvt Ltd.
Growth Factors:
- Increasing demand for background check software from small and medium businesses (SMBs) due to the increasing awareness about the benefits of using such software.
- The growing trend of online hiring is also fueling the growth of the online background check software market as more and more organizations are opting for online recruitment processes.
- Rapid proliferation of mobile devices is also aiding in the growth of this market as background check software providers are increasingly launching their mobile apps to cater to this growing segment of users.
- Rising concerns over data security and privacy among individuals is also driving demand for online background check software, as these tools help protect user information by securely storing it on cloud servers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Online 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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Online Background Check Software Market Report Segments:
The global Online 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 Online 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 Online 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?
Online Background Check Software is a computer software application that allows users to conduct a background check on individuals. The application typically contains databases of criminal records, public records, and other information about individuals.
Some of the major companies in the online background check software market are Certifix, Instant Checkmate, Checkr, PeopleG2, Sterling Infosystems, PreHire Screening Services, TazWorks, CoreScreening, Accio Data, Background Investigation Bureau.
The online background check software market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Online 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 Online Background Check Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Online 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 Online 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 Online Background Check Software Market Size & Forecast, 2018-2028 4.5.1 Online Background Check Software Market Size and Y-o-Y Growth 4.5.2 Online Background Check Software Market Absolute $ Opportunity
Chapter 5 Global Online 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 Online 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 Online 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 Online 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 Online 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 Online 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 Online Background Check Software Analysis and Forecast
9.1 Introduction
9.2 North America Online 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 Online 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 Online 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 Online Background Check Software Analysis and Forecast
10.1 Introduction
10.2 Europe Online 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 Online 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 Online 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 Online Background Check Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Online 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 Online 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 Online 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 Online Background Check Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Online 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 Online 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 Online 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) Online Background Check Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Online 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) Online 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) Online 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 Online Background Check Software Market: Competitive Dashboard
14.2 Global Online 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