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Global Background Check Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 219
  • CATEGORY
  • Information Technology
The competitive landscape analysis of Background Check Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Background Check Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
Global Background Check Market: Top Key Players
Sterling Infosystems
First Aduvatage
HireRight
Kroll
Spokeo
Instant Checkmate
Checkr
PeopleConnect
TazWorks
PeopleFinders
BeenVerified
GoodHire
Orange Tree Employment Screening
Inteligator
TruthFinder
Background Check Breakdown Data by Type
Cloud-based
On-premise
Background Check Breakdown Data by Application
Commercial
Private


Global Background Check Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase Background Check Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Background Check Revenue
1.4 Market Analysis by Type
1.4.1 Global Background Check Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 Cloud-based
1.4.3 On-premise
1.5 Market by Application
1.5.1 Global Background Check Market Share by Application: 2022 VS 2030
1.5.2 Commercial
1.5.3 Private
1.6 Coronavirus Disease 2019 (Covid-19): Background Check Industry Impact
1.6.1 How the Covid-19 is Affecting the Background Check Industry
1.6.1.1 Background Check Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Background Check Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Background Check Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

2 Global Growth Trends by Regions
2.1 Background Check Market Perspective (2016-2030)
2.2 Background Check Growth Trends by Regions
2.2.1 Background Check Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 Background Check Historic Market Share by Regions (2016-2021)
2.2.3 Background Check Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 Background Check Market Growth Strategy
2.3.6 Primary Interviews with Key Background Check Players (Opinion Leaders)

3 Competition Landscape by Key Players
3.1 Global Top Background Check Players by Market Size
3.1.1 Global Top Background Check Players by Revenue (2016-2021)
3.1.2 Global Background Check Revenue Market Share by Players (2016-2021)
3.1.3 Global Background Check Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Background Check Market Concentration Ratio
3.2.1 Global Background Check Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Background Check Revenue in 2021
3.3 Background Check Key Players Head office and Area Served
3.4 Key Players Background Check Product Solution and Service
3.5 Date of Enter into Background Check Market
3.6 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2030)
4.1 Global Background Check Historic Market Size by Type (2016-2021)
4.2 Global Background Check Forecasted Market Size by Type (2022-2030)

5 Background Check Breakdown Data by Application (2016-2030)
5.1 Global Background Check Market Size by Application (2016-2021)
5.2 Global Background Check Forecasted Market Size by Application (2022-2030)

6 North America
6.1 North America Background Check Market Size (2016-2021)
6.2 Background Check Key Players in North America (2016-2021)
6.3 North America Background Check Market Size by Type (2016-2021)
6.4 North America Background Check Market Size by Application (2016-2021)

7 Europe
7.1 Europe Background Check Market Size (2016-2021)
7.2 Background Check Key Players in Europe (2016-2021)
7.3 Europe Background Check Market Size by Type (2016-2021)
7.4 Europe Background Check Market Size by Application (2016-2021)

8 China
8.1 China Background Check Market Size (2016-2021)
8.2 Background Check Key Players in China (2016-2021)
8.3 China Background Check Market Size by Type (2016-2021)
8.4 China Background Check Market Size by Application (2016-2021)

9 Japan
9.1 Japan Background Check Market Size (2016-2021)
9.2 Background Check Key Players in Japan (2016-2021)
9.3 Japan Background Check Market Size by Type (2016-2021)
9.4 Japan Background Check Market Size by Application (2016-2021)

10 Southeast Asia
10.1 Southeast Asia Background Check Market Size (2016-2021)
10.2 Background Check Key Players in Southeast Asia (2016-2021)
10.3 Southeast Asia Background Check Market Size by Type (2016-2021)
10.4 Southeast Asia Background Check Market Size by Application (2016-2021)

11 India
11.1 India Background Check Market Size (2016-2021)
11.2 Background Check Key Players in India (2016-2021)
11.3 India Background Check Market Size by Type (2016-2021)
11.4 India Background Check Market Size by Application (2016-2021)

12 Central & South America
12.1 Central & South America Background Check Market Size (2016-2021)
12.2 Background Check Key Players in Central & South America (2016-2021)
12.3 Central & South America Background Check Market Size by Type (2016-2021)
12.4 Central & South America Background Check Market Size by Application (2016-2021)

13 Key Players Profiles
13.1 Sterling Infosystems
13.1.1 Sterling Infosystems Company Details
13.1.2 Sterling Infosystems Business Overview and Its Total Revenue
13.1.3 Sterling Infosystems Background Check Introduction
13.1.4 Sterling Infosystems Revenue in Background Check Business (2016-2021)
13.1.5 Sterling Infosystems Recent Development
13.2 First Aduvatage
13.2.1 First Aduvatage Company Details
13.2.2 First Aduvatage Business Overview and Its Total Revenue
13.2.3 First Aduvatage Background Check Introduction
13.2.4 First Aduvatage Revenue in Background Check Business (2016-2021)
13.2.5 First Aduvatage Recent Development
13.3 HireRight
13.3.1 HireRight Company Details
13.3.2 HireRight Business Overview and Its Total Revenue
13.3.3 HireRight Background Check Introduction
13.3.4 HireRight Revenue in Background Check Business (2016-2021)
13.3.5 HireRight Recent Development
13.4 Kroll
13.4.1 Kroll Company Details
13.4.2 Kroll Business Overview and Its Total Revenue
13.4.3 Kroll Background Check Introduction
13.4.4 Kroll Revenue in Background Check Business (2016-2021)
13.4.5 Kroll Recent Development
13.5 Spokeo
13.5.1 Spokeo Company Details
13.5.2 Spokeo Business Overview and Its Total Revenue
13.5.3 Spokeo Background Check Introduction
13.5.4 Spokeo Revenue in Background Check Business (2016-2021)
13.5.5 Spokeo Recent Development
13.6 Instant Checkmate
13.6.1 Instant Checkmate Company Details
13.6.2 Instant Checkmate Business Overview and Its Total Revenue
13.6.3 Instant Checkmate Background Check Introduction
13.6.4 Instant Checkmate Revenue in Background Check Business (2016-2021)
13.6.5 Instant Checkmate Recent Development
13.7 Checkr
13.7.1 Checkr Company Details
13.7.2 Checkr Business Overview and Its Total Revenue
13.7.3 Checkr Background Check Introduction
13.7.4 Checkr Revenue in Background Check Business (2016-2021)
13.7.5 Checkr Recent Development
13.8 PeopleConnect
13.8.1 PeopleConnect Company Details
13.8.2 PeopleConnect Business Overview and Its Total Revenue
13.8.3 PeopleConnect Background Check Introduction
13.8.4 PeopleConnect Revenue in Background Check Business (2016-2021)
13.8.5 PeopleConnect Recent Development
13.9 TazWorks
13.9.1 TazWorks Company Details
13.9.2 TazWorks Business Overview and Its Total Revenue
13.9.3 TazWorks Background Check Introduction
13.9.4 TazWorks Revenue in Background Check Business (2016-2021)
13.9.5 TazWorks Recent Development
13.10 PeopleFinders
13.10.1 PeopleFinders Company Details
13.10.2 PeopleFinders Business Overview and Its Total Revenue
13.10.3 PeopleFinders Background Check Introduction
13.10.4 PeopleFinders Revenue in Background Check Business (2016-2021)
13.10.5 PeopleFinders Recent Development
13.11 BeenVerified
10.11.1 BeenVerified Company Details
10.11.2 BeenVerified Business Overview and Its Total Revenue
10.11.3 BeenVerified Background Check Introduction
10.11.4 BeenVerified Revenue in Background Check Business (2016-2021)
10.11.5 BeenVerified Recent Development
13.12 GoodHire
10.12.1 GoodHire Company Details
10.12.2 GoodHire Business Overview and Its Total Revenue
10.12.3 GoodHire Background Check Introduction
10.12.4 GoodHire Revenue in Background Check Business (2016-2021)
10.12.5 GoodHire Recent Development
13.13 Orange Tree Employment Screening
10.13.1 Orange Tree Employment Screening Company Details
10.13.2 Orange Tree Employment Screening Business Overview and Its Total Revenue
10.13.3 Orange Tree Employment Screening Background Check Introduction
10.13.4 Orange Tree Employment Screening Revenue in Background Check Business (2016-2021)
10.13.5 Orange Tree Employment Screening Recent Development
13.14 Inteligator
10.14.1 Inteligator Company Details
10.14.2 Inteligator Business Overview and Its Total Revenue
10.14.3 Inteligator Background Check Introduction
10.14.4 Inteligator Revenue in Background Check Business (2016-2021)
10.14.5 Inteligator Recent Development
13.15 TruthFinder
10.15.1 TruthFinder Company Details
10.15.2 TruthFinder Business Overview and Its Total Revenue
10.15.3 TruthFinder Background Check Introduction
10.15.4 TruthFinder Revenue in Background Check Business (2016-2021)
10.15.5 TruthFinder Recent Development

14 Analyst's Viewpoints/Conclusions

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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