Background Check Services in the US - Industry Market Research Report
Background Check Services in the US
Favorable labor market trends enabled background check providers to expand recently. Nonetheless, the outbreak of COVID-19 and rising interest rates hindered the labor market in 2020 and 2023. Overall, industry-wide revenue has been growing at a CAGR of 2.1% over the past five years and is expected to total $4.3 billion in 2023, when revenue will inch up 1.3%
Operators in this industry offer tenant and employment background screening to consumers, landlords, corporations and other organizations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance