At 8.5% CAGR, Middle East & Africa Employment Screening Services Market is Projected to be Worth US$ 440.04 Million by 2030, says Business Market Insights

According to Business Market Insights’ research, the Middle East & Africa employment screening services market was valued at US$ 229.89 million in 2022 and is expected to reach US$ 440.04 million by 2030, registering a CAGR of 8.5% from 2022 to 2030. Demand for time-efficient selection systems owing to rising number of job applicants and increase in job immigrants amid globalization are among the critical factors attributed to the Middle East & Africa employment screening services market expansion.      

In the 21st century, there has been an enormous influx of population in urban cities in developed and developing countries in search of a better life. High standards of living, better job opportunities, and access to modern amenities and services are a few major factors driving the migration of the rural population to urban areas. The steady growth of developing economies in the post-recession era has led to a rise in consumers' disposable income. According to the World Bank, ~50% of the population lives in urban areas worldwide. By 2045, the world's urban population will increase by 1.5 times to 6 billion. With continued urbanization, the need for jobs in urban areas would grow at full throttle in the coming years. With a subsequent surge in the number of candidates applying for a single job position in any organization, selecting the most suitable candidate for a particular profile has become more tedious. Conventional interview methods for job screening prove time-consuming and inefficient. Employment screening services help evaluate applicants more quickly and efficiently. Employment screening services automate procedures such as reference verification, criminal background checks, and educational verification, saving recruiters a substantial amount of time. Recruiters use screening reports to identify the most qualified prospects rapidly and objectively. Thus, the demand for efficient and quicker employee screening systems triggers the adoption of employment screening services.  

On the contrary, concerns related to confidentiality of candidate data and lack of uniformity hampers the growth of Middle East & Africa employment screening services market. 

Based on services, the Middle East & Africa employment screening services market is categorized into background check, verification, and medical & drug testing. The verification segment held 44.8% market share in 2022, amassing US$ 102.99 million. It is projected to garner US$ 202.07 million by 2030 to register 8.8% CAGR during 2022–2030.

In terms of application, the Middle East & Africa employment screening services market is segmented into IT and Telecom, BFSI, government agencies, travel and hospitality, manufacturing, retail, healthcare, and others. The IT and Telecom segment held 21.9% share of Middle East & Africa employment screening services market in 2022, amassing US$ 50.26 million. It is projected to garner US$ 137.28 million by 2030 to expand at 13.4% CAGR from 2022 to 2030.

Based on organization size, the Middle East & Africa employment screening services market is bifurcated into SMEs and large enterprises. The large enterprises segment held 68.1% market share in 2022, amassing US$ 156.53 million. It is projected to garner US$ 317.22 million by 2030 to register 9.2% CAGR between 2022 and 2030.

Based on country, the Middle East & Africa employment screening services market has been categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 36.6% share of Middle East & Africa employment screening services market in 2022. It was assessed at US$ 84.21 million in 2022 and is likely to hit US$ 139.39 million by 2030, exhibiting a CAGR of 6.5% during 2022–2030.            

Key players operating in the Middle East & Africa employment screening services market are Capita Plc, DataFlow LLC, First Advantage Corp, HireRight LLC, Sterling Check Corp, Pinkerton Consulting & Investigations Inc, and Triton Inc, among others.

• In November 2021, Sterling Check Corp announced a new I-9 integration with iCIMS, the talent cloud company, to streamline the experience for mutual customers and deliver more accurate, reliable results.
• In September 2020, The DataFlow Group announced a new partnership with recruitment solutions provider Meed Consultants. This partnership further complements their white-glove service for applicants looking for work in Africa, the Middle East, and the UK.

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