Report : Middle East & Africa Employment Screening Services Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Services (Background Check, Verification, and Medical & Drug Testing), End-User Industry (IT & Telecom, BFSI, Government Agencies, Travel & Hospitality, Manufacturing, Retail, Healthcare, and Others), and Organization Size (SMEs and Large Enterprise)
At 7.1% CAGR, the Middle East & Africa Employment Screening Services Market is speculated to be worth US$ 341.19 million by 2028, says Business Market Insights
According to Business Market Insights research, the Middle East & Africa employment screening services market was valued at US$ 241.59 million in 2023 and is expected to reach US$ 341.19 million by 2028, registering a CAGR of 7.1% from 2023 to 2028. Demand for time efficient selection systems owing to rising number of job applicants, increase in job immigrants amid globalization, and need to mitigate risks associated with fraudulent activities of applicants are the critical factors attributed to the Middle East & Africa employment screening services market expansion.
Internet and other advanced technologies have gradually become an integral part of the employee screening process. Companies are seeking enterprise-level systems or software that can assist in their internal hiring processes. Moreover, companies providing screening services are being asked to integrate with these technologies to restructure the workload for a firm’s HR department. These integrations with Internet and client-specific requests are shifting the manual, traditional procedure into a more technology-driven industry. The use of commercially compiled databases to supplement conventional processes is another emerging trend in the employee screening market. However, the information delivered by commercial databases should not be considered the sole source of evidence due to the possibility of gaps in data and regular updates in some jurisdictions.
On the contrary, concerns related to confidentiality of candidate data hampers the Middle East & Africa Employment Screening Services Market.
Based on services, the Middle East & Africa employment screening services market is segmented into background check, verification, and medical & drug testing. The verification segment held 45.0% share of Middle East & Africa Employment Screening Services Market in 2023, amassing US$ 108.84 million. It is projected to garner US$ 157.57 million by 2028 to expand at 7.7% CAGR during 2023–2028.
Based on end-user industry, the Middle East & Africa employment screening services market is segmented into IT & Telecom, BFSI, government agencies, travel & hospitality, manufacturing, retail, healthcare, and others. The IT & Telecom segment held 22.1% share of Middle East & Africa Employment Screening Services Market in 2023, amassing US$ 53.40 million. It is projected to garner US$ 77.94 million by 2028 to expand at 7.9% CAGR during 2023–2028.
Based on organization size, the Middle East & Africa employment screening services market is segmented into SMEs and large enterprise. The large enterprise segment held 67.6% share of Middle East & Africa Employment Screening Services Market in 2023, amassing US$ 163.21 million. It is projected to garner US$ 223.04 million by 2028 to expand at 6.4% CAGR during 2023–2028.
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 36.2% share of Middle East & Africa Employment Screening Services Market in 2023. It was assessed at US$ 87.47 million in 2023 and is likely to hit US$ 119.93 million by 2028, exhibiting a CAGR of 6.5% during the forecast period.
Key players dominating the Middle East & Africa employment screening services market are Capita Plc; DataFlow LLC; First Advantage Corp; HireRight holdings Corp; Pinkerton Consulting & Investigations Inc; and Sterling Check Corp, among others.
- In 2021, Sterling entered into a strategic partnership with ID.me to revolutionize background screening with cutting-edge identity verification solutions.
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