Global Pre-Employment Screening Software Market Overview:
Pre-employment screening, sometimes called employment screening testing, pre-employment assessments, or screening interviews, is part of the recruitment process. Pre-employment screening is used at the beginning of the hiring process to assess applicants’ skills, knowledge, and general suitability for the role. It consists of a process of investigating the credentials of potential future employees in order to ensure hiring the right people for the right jobs. The pre-employment screening program includes a range of verifications to perform for final job candidates.
- Growing instances of data fraud by employees of academic and corporate organizations
- Increasing number of job applicants
- Lack of regulatory standards for employment background checking
- Untapped potential of emerging markets as well as increased setup of start-up organizations
- Strategic partnerships between key players
- Integration of new technologies in background check software
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new solution launches, and collaborations as their strategies. Key players are exploring new areas through expansions and acquisitions across the world to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are HireRight (United States), Criteria Corp (United States), VICTIG Screening Solutions (United States), GoodHire (United States), The Hire Talent (United States), Stang Decision Systems (United States), Wonderlic (United States), Paycom (United States), Berke (United States) and INTELIFI (United States). Additionally, following companies can also be profiled that are part of our coverage like Prevue HR Systems (Canada) and PAIRIN (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Pre-Employment Screening Software market by 2026. Considering Market by Deployment Model, the sub-segment i.e. Cloud-Based will boost the Pre-Employment Screening Software market.
Latest Market Insights:
In Feb 2020, Accurate Background, a leading background screening provider of compliant, automated workforce screening solutions, today announced that it has signed a definitive agreement to acquire CareerBuilder Employment Screening (CBES) from CareerBuilder.
In February 2020 - Asurint announced that it has developed an integration with Avionté’s newest staffing software, AviontéBOLD.
What Can be Explored with the Pre-Employment Screening Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Pre-Employment Screening Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Pre-Employment Screening Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pre-Employment Screening Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Pre-Employment Screening Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Pre-Employment Screening Software Provider, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Pre-Employment Screening Software Market?
The Pre-Employment Screening Software market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Pre-Employment Screening Software Market?
Top performing companies in the Global Pre-Employment Screening Software market are HireRight (United States), Criteria Corp (United States), VICTIG Screening Solutions (United States), GoodHire (United States), The Hire Talent (United States), Stang Decision Systems (United States), Wonderlic (United States), Paycom (United States), Berke (United States) and INTELIFI (United States), to name a few.
3. What trending factors would impact Pre-Employment Screening Software Market growth most?
"New product launch" is seen as one of major influencing trends for Pre-Employment Screening Software Market during projected period 2020-2026.