Professional Services Coverage

Direct Mail Advertising Market Definition

Direct mail advertising is a type of direct marketing in which the mail is delivered physically to a prospect’s mailbox through postal services or other delivery services, as opposed to indirect marketing which uses broader messaging styles and targets a larger customer base. The direct mail advertising market includes revenues earned by entities (organizations, sole traders or partnerships) by providing services such as creating and designing advertisement and promotional activities campaigns for the purpose of distributing advertising materials (for example, coupons, flyers, samples) or specialties (for example, keychains, magnets, pens with customized messages imprinted) by mail or other direct distribution.

Conflict Resolution Solutions Market Definition And Segments

Conflict resolution solutions refer to strategies, techniques, or approaches to address and resolve conflicts or disputes effectively and peacefully. These solutions are designed to facilitate communication, understanding, and collaboration among parties involved in a conflict, aiming to reach a mutually satisfactory resolution. The main types of conflict resolution solutions include mediation, arbitration, negotiation, conflict coaching, conflict management system design and others. Mediation in conflict resolution involves a neutral third party assisting disputing parties in reaching a mutually acceptable agreement. These serve various mode of delivery such as online, offline and hybrid. These are available in various organization size including small and medium-sized enterprises (SMEs) and large enterprises for several application such as workplace, family, community, commercial, political and others. These are used by several end users including business-to-business (B2B), business-to-consumer (B2C), government, non-profits and others. The conflict resolution solutions market covered in this report is segmented – 1) By Type: Mediation, Arbitration, Negotiation, Conflict Coaching, Conflict Management System Design, Other Types 2) By Mode of Delivery: Online, Offline, Hybrid 3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises 4) By Application: Workplace, Family, Community, Commercial, Political, Other Applications 5) By End User: Business-To-Business (B2B), Business-To-Consumer (B2C), Government, Non-profits, Other End Users The conflict resolution solutions market size has grown strongly in recent years. It will grow from $8.19 billion in 2023 to $8.79 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to globalization, legal compliance, organizational complexity, employee expectations. The conflict resolution solutions market size is expected to see strong growth in the next few years. It will grow to $11.89 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to remote work dynamics, AI and automation, diversity and inclusion, mental health awareness. Major trends in the forecast period include mediation platforms, data-driven resolution, hybrid conflict resolution models, cultural competency training.

Driving Forces Behind The Growth Of Conflict Resolution Solutions Market In Response To Escalating Workplace Disputes

The increasing number of workplace disputes is expected to propel the growth of the conflict resolution solutions market going forward. Workplace disputes refer to conflicts that arise within a work environment involving employees, managers, customers, or other parties present in the workplace. Workplace disputes arise due to disagreements over leadership styles, political, cultural, or religious views, pay disputes, and violations of employment contracts. Conflict resolution solutions are essential for effectively managing workplace disputes by providing structured frameworks and techniques that enable parties to communicate openly, identify underlying issues, and work collaboratively towards mutually satisfactory resolutions. For instance, in February 2023, according to a report published by Cornell-ILR, a US-based industrial relations school, there were 424 work stoppages in 2022, including 417 strikes and seven lockouts, up from 279 in 2021. Therefore, increasing workplace disputes is expected to drive the growth of the conflict resolution solutions market. Major companies operating in the conflict resolution solutions market are Kluwer Mediation, The Resolution Group Inc., Mailchimp, CallMiner, Actionstep Limited, FairWay Resolution Limited, Accord Group, RTG Solutions Group LLC, Mediation Institute pty. Ltd., CMP Resolutions Ltd., Mediation Works Incorporated, ADR Solutions LLC, Legal Software Systems Inc., PerfectLaw Software LLC, Commonwealth Mediation Group LLC, Resologics, Conflict Dynamics International, A Better Way Mediation LLC, CONSENSUS Campus, Conflict Resolution Network

Advancements In Online Dispute Resolution Platforms Transforming Conflict Resolution Market

Major companies operating in the conflict resolution solutions market are focused on developing an online dispute resolution platform, such as Bharat Dispute Resolution (BDR), to better serve customers with advanced features. Bharat Dispute Resolution (BDR) is an online dispute resolution platform that leverages technology to facilitate the resolution of disputes between parties. For instance, in August 2023, LegalPay, an India-based finance and asset management firm, launched Bharat Dispute Resolution (BDR), an online dispute resolution (ODR) platform designed to streamline business contract management and dispute resolution. This platform focuses on resolving disputes and recovering dues efficiently in various sectors through online mechanisms. BDR leverages artificial intelligence, data analytics, and legal expertise to manage 100,000 cases by the end of the year.

Enhanced Conflict Resolution Solutions Through Strategic Partnership Of Hill Dickinson and SMB Law Group

In October 2023, Hill Dickinson, a UK-based commercial law firm, partnered with SMB Law Group. The collaboration aims to offer clients a comprehensive approach to legal services, combining their expertise and resources for advisory and contentious legal matters. This agreement formalizes their long-time informal cooperation, allowing them to provide local representation to clients in various jurisdictions, particularly in international trade, trade finance, insurance, and shipping. SMB Law Group is a Switzerland-based law firm that offers services related to conflict resolution. North America was the largest region in the conflict resolution solutions market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the conflict resolution solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the conflict resolution solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The conflict resolution solutions market includes revenues earned by entities by providing services such as restorative justice services, online dispute resolution (ODR) services, and crisis intervention services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The conflict resolution solutions market research report is one of a series of new reports from The Business Research Company that provides conflict resolution solutions market statistics, including the conflict resolution solutions industry global market size, regional shares, competitors with conflict resolution solutions market share, detailed conflict resolution solutions market segments, market trends, and opportunities, and any further data you may need to thrive in the conflict resolution solutions industry. This conflict resolution solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Decision Management Market Definition And Segments

Decision management refers to the systematic process of identifying, automating, and optimizing decisions within an organization to improve efficiency, effectiveness, and consistency. It involves utilizing data, analytics, and technology to support decision-making across various business functions. The goal of decision management is to optimize decision-making processes, increase operational efficiency, and capitalize on opportunities to meet strategic objectives. The main types of deployment decision management are on-premise and cloud-based. On-premises refers to software or systems that are installed and operated on a client's premises rather than hosted externally or in the cloud. It includes various enterprises, such as small and medium enterprises (SMEs) and large enterprises, and it performs various functions, including data analytics, business process and rule management, operations research, and robotics, also uses various industries, such as automotive, banking, financial services, and insurance (BFSI); healthcare, manufacturing, retail, information technology (IT) and telecommunications, and others. The decision management market covered in this report is segmented – 1) By Deployment: On-Premise, Cloud-Based 2) By Enterprise Type: Small And Medium Enterprises(SMEs), Large Enterprises 3) By Function: Data Analytics, Business Process And Rule Management, Operations Research, Robotics 4) By Industry: Automotive, Banking, Financial Services, And Insurance (BFSI), Healthcare, Manufacturing, Retail, Information Technology (IT) And Telecommunications, Other Industries The decision management market size has grown rapidly in recent years. It will grow from $5.66 billion in 2023 to $6.77 billion in 2024 at a compound annual growth rate (CAGR) of 19.5%. The growth in the historic period can be attributed to focus on customer experience management solutions, growing demand for Automation in decision processes, growing demand for Personalization in decision-making, growing importance of agility in decision processes, increasing migration to Cloud Computing solutions. The decision management market size is expected to see rapid growth in the next few years. It will grow to $14.00 billion in 2028 at a compound annual growth rate (CAGR) of 19.9%. The growth in the forecast period can be attributed to growing emphasis on predictive analytics, growing integration of Internet of Things (IoT) data, raising regulatory compliance requirements, increasing reliance on big data analytics, raising demand for decision support systems (DSS). Major trends in the forecast period include technological advancement, expansion of predictive analytics applications, advancements in big data analytics technologies, integration of internet of things (IoT) data streams, integration of customer relationship management (CRM) data.

The Rise Of Artificial Intelligence Driving The Decision Management Market Growth

The growing demand for artificial intelligence (AI) is expected to propel the growth of the decision management market going forward. Artificial intelligence (AI) refers to the simulation of human intelligence processes by machines, particularly computer systems. The demand for AI arises because of data proliferation, advancements in AI algorithms, the availability of computing power, and growing awareness and education. Decision management is used to harness the power of AI to automate, optimize, and improve decision-making processes across various industries and applications. For instance, in May 2022, according to the IBM Global AI Adoption Index 2022 report released by the International Business Machines Corporation, a US-based information technology corporation, a poll conducted of 7,502 businesses found that more than a third of businesses (35%) reported using AI in their operations, a four-point rise from 2021, and 42–64% were exploring its potential. 64% of businesses believe that AI will improve business productivity, and 42% believe it will streamline job processes. In 2022, there was a 13% increase in the likelihood of organizations adopting AI compared to the previous year, 2021. Therefore, the growing demand for artificial intelligence (AI) is driving the growth of the decision management software market. Major companies operating in the decision management market are Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, Salesforce Inc., CGI Inc., Moodys Investors Service Inc., Equifax Inc., Experian plc, SAS Institute Inc., Pegasystems Inc., SAP SE, ACI Worldwide Inc., Fair Isaac Corporation, TIBCO Software Inc., Quantiphi Inc., Altair Engineering Inc., Sapiens International, Appian Corporation, Aible Inc., Meridian Link, Bosch Software Innovations GmbH, RapidMiner Inc., ACTICO GmbH, InRule Technology Inc., Neota Logic Inc.

AI-Assisted Interactive Tools Redefining The Decision Management Landscape

Major companies operating in the decision management market are increasing their focus on developing innovative tools, such as artificial intelligence (AI)-assisted interactive decision management tools, to gain a competitive edge in the market. An AI-assisted interactive decision management tool is a software application that utilizes artificial intelligence algorithms to support users in making informed decisions. For instance, in March 2024, Sparkling Logic, a US-based software company, launched AI Assistant. An interactive decision management tool that is embedded in Sparkling Logic's SMARTS business rules and decision management platform. The tool is designed to assist users with decision-making tasks throughout the decision-management lifecycle. AI Assistant uses a large language model (LLM) form of generative AI that has been pre-trained on various decision management tasks. This enables users to interact with AI assistants using natural language to create and modify project assets such as data, decision flows, and business rules.

LatentView Analytics Bolsters Decision Management Capabilities With Acquisition Of Decision Point Analytics

In March 2024, LatentView Analytics, an India-based software company, acquired Decision Point Analytics. The aim of this acquisition is to enhance LatentView's expertise in data engineering, data science, data visualization, and revenue growth management solutions, strengthen its capabilities in these areas, and expand into new markets like Latin America. Decision Point Analytics is a US-based company that specializes in developing analytics, big data solutions, and decision management services. North America was the largest region in the decision management market in 2023. The regions covered in the decision management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the decision management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The decision management market includes revenues earned by entities by providing services such as consultancy and advisory, software implementation and integration, customization and development of decision models, training and support, as well as ongoing maintenance and optimization services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The decision management market research report is one of a series of new reports from The Business Research Company that provides decision management market statistics, including decision management industry global market size, regional shares, competitors with a decision management market share, detailed decision management market segments, market trends and opportunities, and any further data you may need to thrive in the decision management industry. This decision management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Document Scanning Services Market Definition And Segments

Document scanning services refer to the professional services offered by companies or agencies that specialize in scanning physical documents into electronic format. This method involves scanning paper documents, files, and records at rapid speeds and converting them into digital images or searchable PDFs (Portable Document Format). These services are used by organizations to digitize their paper-based documents, making them easier to manage, store, and access. The main types of document scanning services are onsite and offsite. Onsite document scanning service refers to a service where a scanning team comes to a client's location, such as an office or a storage facility, to digitize paper documents on-site. These services are used for the scanning of several documents, including medical record scanning, legal document scanning, blueprint and map scanning, proof of delivery scanning, human resources document scanning, newspaper and magazine scanning, accounts payable and accounts receivable document scanning, and others, by various end-use industries, such as healthcare, legal firms, BFSI (banking, financial services, and insurance), government, education, e-commerce and logistics, architecture firms, and other end users. The document scanning services market covered in this report is segmented – 1) By Service Type: Onsite Service, Offsite Service 2) By Document Type: Medical Record Scanning, Legal Document Scanning, Blueprint And Map Scanning, Proof Of Delivery Scanning, Human Resources Document Scanning, Newspaper And Magazine Scanning, Accounts Payable and Accounts Receivable Document Scanning, Other Document Types 3) By End-Use Industry: Healthcare, Legal Firms, BFSI (Banking, Financial Services, And Insurance), Government, Education, E-commerce And Logistics, Architecture Firms, Other End Users The document scanning market size has grown rapidly in recent years. It will grow from $4.19 billion in 2023 to $4.67 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to digitization initiatives, innovations in scanning technology, cost reduction, compliance requirements, business process optimization. The document scanning market size is expected to see rapid growth in the next few years. It will grow to $7.27 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to increasing volume of digital documents, rising demand for cloud-based solutions, focus on data security and privacy, emergence of AI and automation, remote workforce trends. Major trends in the forecast period include increased adoption of AI and machine learning, rise of cloud-based solutions, focus on security and compliance, integration with enterprise content management (ECM) systems, expansion of mobile scanning solutions.

Rising Adoption Of Electronic Health Records Fuels Growth In The Document Scanning Services Market

The increasing adoption of electronic health records is expected to propel the growth of document scanning services market going forward. Electronic health records (EHRs) refer to digital versions of patients' medical records that contain comprehensive information about their health and medical history, including diagnoses, medications, treatment plans, immunization dates, allergies, laboratory test results, and other relevant data. The adoption of EHRs is on the rise due to increasing prevalence of chronic diseases, cost reduction in healthcare, and increasing demand for quality and safety of patient care. Document scanning in electronic health records involves converting paper-based medical documents, such as patient charts and lab results, into digital format to facilitate efficient storage, retrieval, and sharing of patient information within electronic health record systems. For instance, in 2021, according to Office of the National Coordinator for Health Information Technology, a US-based government agency, almost all non-federal acute care hospitals (96%) and nearly four out of five office-based physicians (78%) in the United States had adopted a certified EHR. Therefore, the increasing adoption of electronic health records is driving the growth of the document scanning services market. Major companies operating in the document scanning services market are International Business Machines Corporation, Fujitsu Limited, Iron Mountain Incorporated, Nikon Inc., Agfa-Gevaert NV, Nuance Communications Inc., Eastman Kodak Company, Flatworld Solutions Private Limited, BenQ Corporation, Chicago Records Management Inc., Smooth Solutions Inc., KnowledgeLake, Microimage Technologies Limited, Pearl Scan Solutions Ltd., DataGuard USA LLC, The Apache Software Foundation, Armstrong Archives LLC, VENSO Technologies Pvt Ltd., Pacific Records Management, Digiscribe International LLC, Document Imaging Solutions LLC, Royal Imaging Services LLC, Cleardata UK Ltd., Blue-Pencil Information Security Inc., Ripcord Inc.

Intelligent Document Scanners Transforming The Document Scanning Services Market

Major companies operating in the document scanning services market are developing intelligent document scanners, such as high-volume intelligent document processing solutions, to gain a competitive edge in the market. A high-volume intelligent document processing solution refers to a smart system or technology that can manage vast amounts of documents efficiently and intelligently. This sort of solution can process a large number of documents, such as invoices, checks, purchase orders, and other business inputs, and includes advanced capabilities like document separation, classification, extraction, and imprinting at fast rates. For instance, in April 2023, Imaging Business Machines LLC (ibml), a US-based software company, launched the FUSiON HD High Volume Document Scanner, designed to meet the rigorous imaging quality standards set by the Federal Agencies Digital Guidelines Initiative (FADGI) 3 star. This advanced scanner offers industry-leading throughput of 122 pages per minute at 600 DPI, ensuring rapid digitization of high-quality documents while meeting stringent archival requirements. With its integrated ibml Capture Suite software and FADGI (Federal Agencies Digital Guidelines Initiative) Verification module, operators can ensure consistent image quality while maintaining productivity.

Imaging Business Machines LLC Acquires Exela Technologies' IntelliScan Smart Scanning Solutions

In June 2023, Imaging Business Machines LLC (ibml), a US-based software company acquired Exela Technologies' IntelliScan Smart Scanning Solutions for an undisclosed amount. With this acquisition, ibml significantly expanded its portfolio and service coverage, strengthening its position in high-volume digitization and intelligent document processing solutions. Exela Technologies Inc. is a US-based business process automation (BPA) company that provides document digitization and high-volume scanning solutions. North America was the largest region in the document scanning services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the document scanning services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the document scanning services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The document scanning services market consists of revenues earned by entities by providing services such as document indexing, optical character recognition(OCR) services, file format conversion, retrieval services, and storage services. The market value includes the value of related goods sold by the service provider or included within the service offering. The document scanning services market also includes sales of document scanners, portable scanners and barcode scanners. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The document scanning services market research report is one of a series of new reports from The Business Research Company that provides document scanning services market statistics, including document scanning services industry global market size, regional shares, competitors with a document scanning services market share, detailed document scanning services market segments, market trends and opportunities, and any further data you may need to thrive in the document scanning services industry. This document scanning services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Employment Criminal Background Check Services Market Definition And Segments

Employment criminal background check services refer to the service that conducts investigations into an individual's criminal history to assess their suitability for employment. These services help employers make informed hiring decisions and maintain workplace safety and security. The main product types of employment criminal background check services are criminal background checks, education and employment verification, credit history checks, and drug and health screening. Criminal background checks are investigations conducted to uncover any past criminal records or history of illegal activity associated with an individual. Various components are on-premise and cloud-based and are used for different applications such as financial services, information technology (IT) or technology or media, government, staffing, healthcare, retail, industrial, and others. The employment criminal background check services market covered in this report is segmented – 1) By Product Type: Criminal Background Checks, Education And Employment Verification, Credit History Checks, Drug And Health Screening 2) By Component: On-Premise, Cloud-Based 3) By Application: Financial Services, Information Technology (IT) Or Technology Or Media, Government, Staffing, Healthcare, Retail, Industrial, Other Applications The employment criminal background check services market size has grown strongly in recent years. It will grow from $3.54 billion in 2023 to $3.90 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increasing workforce participation, security concerns, data privacy awareness, litigation risk mitigation, education and credential verification, drug testing compliance. The employment criminal background check services market size is expected to see rapid growth in the next few years. It will grow to $5.78 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to remote workforce verification, AI and automation, cybersecurity integration, adoption of biometric verification, social media screening. Major trends in the forecast period include AI-powered decision-making, blockchain-based verification, biometric identity verification, integration with HR tech ecosystem, demand for remote screening solutions.

Security Concerns Fuel Growth of Employment Criminal Background Check Services Amid Rising Cyber Threats

Rising security concerns are expected to propel the growth of the employment criminal background check services market going forward. Security concerns refer to potential risks, thefts, cyber threats, or threats to the confidentiality, integrity, or availability of information, systems, or assets. The increase in security concerns is due to the heightened awareness of personal and organizational data vulnerabilities created by prominent data breaches, amplifying concerns regarding data security and privacy. Employment criminal background check services are essential for mitigating security risks, maintaining a safe and compliant workplace, protecting assets and reputation, and fostering trust among employees and customers. For instance, in January 2024, according to the US Department of Commerce, a U.S.-based government agency, employee theft costs are rising at a rate of 15% per year. Additionally, according to the Ponemon Institute, a US-based education organization, in 2022, the average cost of an employee insider attack is $17.19 million, which has increased by 47% over the last two years. Therefore, the increasing adoption of remote work practices is driving the growth of the employment criminal background check services market. Major companies operating in the employment criminal background check services market are KPMG International Limited, Automatic Data Processing Inc., Capita plc., Transunion LLC, Triton International Inc., First Advantage Corp., HireRight LLC, Sterling Check Corp., CareerBuilder LLC, Certn Inc., Checkr Inc., Global HR Research LLC, Accurate Background LLC, PreCheck Inc., Justifacts Credential Verification Inc., ClearStar Inc., InfoMart Inc., IntelliCorp Records Inc., Inflection Risk Solutions LLC, CV Check Ltd., Millow Inc., National Crime Search LLC, Peopletrail Screening Solutions LLC, SpringVerify Inc., VeriFirst Background Screening LLC

Innovative Digital Identity Verification Platforms Revolutionizing the Employment Criminal Background Check Services Market

Major companies operating in the employment criminal background check services market are developing digital identity verification platforms, to gain a competitive edge in the market. These digital identity verification platform are used to confirm an individual’s identity over the Internet through digital techniques such as examining documents and verifying biometric data. For instance, in December 2023, HireRight, a US-based background screening company, launched Global ID, a digital identity verification platform that empowers individuals to control their identity and data securely. This platform allows users to collect verifications that protect privacy while enabling important online actions such as job applications, room rentals, and fund transfers. Global ID operates on a self-sovereign identity model, emphasizing verifications as proof of verified information without exposing personal data. This platform also offers a unique GlobaliD Name for digital identity representation, enabling users to build a trusted reputation without revealing personal details.

Certn Acquired Credence To Expand Global Background Screening Services

In January 2022, Certn, a Canada-based background screening company, acquired Credence for an undisclosed amount. This acquisition enables Certn to enter new markets in Europe, the Middle East, and Africa (EMEA), fostering its growth and broadening its service range. Credence is a US-based technology company providing international background screening services. North America was the largest region in the employment criminal background check services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the employment criminal background check services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the employment criminal background check services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The employment criminal background check services market includes revenues earned by entities by providing services such as criminal history checks, employment verification and drug testing and related single-component checks, ongoing monitoring services, and customized screening solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The employment criminal background check services market research report is one of a series of new reports from The Business Research Company that provides employment criminal background check services market statistics, including employment criminal background check services industry global market size, regional shares, competitors with a employment criminal background check services market share, detailed employment criminal background check services market segments, market trends and opportunities, and any further data you may need to thrive in the employment criminal background check services industry. This employment criminal background check services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Organization And Change Management Consulting Market Definition And Segments

Organization and change management consulting refers to a specialized field within management consulting that focuses on assisting organizations in improving their performance, efficiency, and effectiveness through organizational change. It facilitates smooth organizational changes by identifying necessary adjustments, designing strategic plans, and assessing progress. The main types of services in organization and change management consulting are strategy development, organizational change, technology adoption, process improvement, and leadership development. Strategy development is the process of developing plans and techniques to help firms accomplish their long-term goals and objectives. It includes various approaches, such as agile change management, traditional change management, and combination of both and emerging trends, including sustainability, remote work, diversity and inclusion as well as industry verticals such as healthcare, financial services, and manufacturing. The organization and change management consulting market covered in this report is segmented – 1) By Service Type: Strategy Development, Organizational Change, Technology Adoption, Process Improvement, Leadership Development 2) By Consulting Approach: Agile Change Management, Traditional Change Management, Others 3) By Emerging Trends: Sustainability, Remote Work, Diversity, Inclusion 4) By Industry Vertical: Healthcare, Financial Services, Manufacturing The organization and change management consulting market size has grown strongly in recent years. It will grow from $1.41 billion in 2023 to $1.52 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to high demand for inulin supplements, demand for organization and change management consulting services, demand for organization and change management consulting services, rise of remote work requires organizations, increasing employee involvement and commitment to organizational goals. The organization and change management consulting market size is expected to see strong growth in the next few years. It will grow to $2.09 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to increasing focus on sustainability and corporate social responsibility, increasing rate of illness in people across the globe, increasingly stringent AS9100 quality, standards, increasing adoption of home care and personal care products, increase in technology costs. Major trends in the forecast period include technological developments, implementing cloud-based solutions, implementation of new change management methodologies, enhancing their overall technological infrastructure, adopting agile frameworks.

Sustainability's Impact On Organization And Change Management Consulting Market

The increasing focus on sustainability is expected to propel the growth of the organization and the change management consulting market going forward. Sustainability refers to meeting the needs of the present without compromising the ability of future generations to meet their own needs. The demand for sustainability is increasing due to several key factors, such as growing awareness among consumers, investors, and stakeholders about the environmental and social impact of business activities and the long-term economic benefits of sustainability. Sustainability presents significant opportunities for organization and change management consulting to add value to organizations by providing strategic guidance, driving organizational change, facilitating performance improvement, and enhancing stakeholder engagement. For instance, in February 2024, according to reports published by the TravelPerk Report, a Spain-based travel-management company and pioneer in the future of business travel, an estimated 98% of companies on the S&P 500 index published sustainability reports in 2022, compared to 96% in 2021, showing an increasing focus on sustainability within businesses. Therefore, the increasing focus on sustainability is driving the growth of the organization and change management consulting market. Major companies operating in the organization and change management consulting market are Hitachi Consulting Corporation, Deloitte Touche Tohmatsu Limited, Accenture plc, International Business Machines Corporation (IBM), PricewaterhouseCoopers International Limited (PwC), Ernst & Young Global Limited (EY), KPMG International Cooperative, Tata Consultancy Services Ltd., Capgemini SE, Cognizant Technology Solutions Corporation, Aon Hewitt LLC, Atos Consulting, The Boston Consulting Group Inc., McKinsey & Company Inc., CGI Inc., Willis Towers Watson plc, Booz Allen Hamilton Holding Corporation, Bain & Company Inc., Genpact Ltd., Oliver Wyman Group, Mercer LLC, Arthur D. Little Inc., Simon-Kucher & Partners Strategy & Marketing Consultants GmbH, Buck Global LLC, PA Consulting Group Ltd., Intellecap Advisory Services Pvt. Ltd., Kapronasia Limited, SINICA CONSULTING, PricewaterhouseCoopers (PwC), A.T. Kearney Inc

AI Services For Customizing Foundation Models In Organization And Change Management Consulting

Major companies operating in the organization and change management consulting market are developing innovative advanced solutions, such as a comprehensive set of new services using generative AI to improve strategic planning and operational efficiency. Artificial intelligence (AI) services include a wide range of solutions, methodologies, and technologies that allow machines to replicate human cognitive capabilities such as learning, problem solving, and decision-making. For instance, in November 2023, Accenture plc, a US-based professional services company specializing in information technology (IT) services, launched a comprehensive set of new services tailored to assist companies in customizing and scaling the value of generative AI. These services include a proprietary generative AI model switchboard that allows users to select models based on factors such as cost, accuracy, or business context. Additionally, it offers customization of large language models (LLMs) for specific use cases and data sources, along with managed services for continuous fine-tuning and prompt engineering.

Accenture Bolsters Transformational Change Offerings With Acquisition Of Storytelling

In October 2023, Accenture plc, a US-based professional services company specializing in information technology (IT) services and consulting, acquired Storytelling for an undisclosed amount. Through this acquisition, Accenture aims to enhance its capabilities in transformation initiatives by incorporating creative storytelling and communication strategies. The Storytellers is a UK-based company that offers management consulting services including organization and change management consulting. North America was the largest region in the organization and change management consulting market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the organization and change management consulting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the organization and change management consulting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The organization and change management consulting market consists of revenues earned by entities by providing services such as change readiness assessment, strategic planning and alignment, organizational design and restructuring, change management strategy development, employee engagement and communication, and performance management. The market value includes the value of related goods sold by the service provider or included within the service offering. The organization and change management consulting market also includes sales of change management software, data analytics and business intelligence, enterprise resource planning (ERP) systems, and learning management systems (LMS). Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The organization and change management consulting market research report is one of a series of new reports from The Business Research Company that provides organization and change management consulting market statistics, including organization and change management consulting industry global market size, regional shares, competitors with a organization and change management consulting market share, detailed organization and change management consulting market segments, market trends and opportunities, and any further data you may need to thrive in the organization and change management consulting industry. This organization and change management consulting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Organizational Change Management Software Market Definition And Segments

Organizational change management software refers to specialized software tools designed to facilitate and streamline the process of managing organizational change initiatives within businesses or institutions. It provides a structured framework and set of functionalities to help organizations effectively plan, implement, and monitor changes across various aspects of their operations, including processes, technologies, structures, and cultures. The main types of organizational change management software products are cloud-based and on-premises. Cloud-based refers to software or services that are delivered over the Internet and accessed remotely via web browsers or applications. It can be applied to small and medium enterprises (SMEs) and large enterprises in several end-user industries, including banking, financial services, and insurance (BFSI), information technology (IT) and telecom, government and public administration, healthcare, education, retail, energy and utilities, manufacturing, construction, and real estate, among others. The organizational change management software market covered in this report is segmented – 1) By Product: Cloud-based, On-premises 2) By Application: Small And Medium Enterprises (SMEs), Large Enterprises 3) By End User: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Government And Public Administration, Healthcare, Education, Retail, Energy And Utilities, Manufacturing, Construction And Real Estate, Other End Users The organizational change management software market size has grown rapidly in recent years. It will grow from $2.49 billion in 2023 to $2.92 billion in 2024 at a compound annual growth rate (CAGR) of 17.5%. The growth in the historic period can be attributed to globalization, complexity of change initiatives, employee engagement and satisfaction, cost reduction and efficiency, organizational culture and leadership. The organizational change management software market size is expected to see rapid growth in the next few years. It will grow to $5.61 billion in 2028 at a compound annual growth rate (CAGR) of 17.7%. The growth in the forecast period can be attributed to digital transformation, remote work and distributed teams, AI and automation, cybersecurity and data privacy concerns, cultural transformation, health and well-being initiatives. Major trends in the forecast period include AI and machine learning integration, enhanced user experience, integration with collaboration tools, focus on employee well-being, agile and iterative approaches.

The Impact Of Remote Management On The Organizational Change Management Software Market

The need for remote management is expected to propel the growth of the organizational change management software market going forward. Remote management refers to the process of overseeing and controlling resources, systems, devices, or operations from a distant location, typically facilitated through remote access tools and technologies. The increasing demand for remote management is driven by trends towards remote work, technological advancements, and the need for cost savings and business continuity. Organizational change management software assists in evaluating the impact of incorporating remote access, monitoring, and administration capabilities into existing processes, identifying potential stakeholder resistance, and devising strategies to align procedures with remote management objectives. For instance, in April 2023, according to the Bureau of Labor Statistics, a US-based government agency, the percentage of remote working employees was 42.2% in 2022, up from 37.4% in 2021. Therefore, the need for remote management is driving the growth of the organizational change management software market. Major companies operating in the organizational change management software market are Microsoft Corporation, Accenture Plc, International Business Machines Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, SAP SE, Salesforce Inc., ServiceNow Inc., Bain & Company Inc., Change Compass Inc., OpenText Corporation, ManageEngine, Freshworks Inc., Praxis, ServiceAide Inc., Nakisa Inc., Whatfix Inc., SysAid Technologies Ltd., Cognician Inc., SmartSolve LLC, FluentPro Software Corp, Orgmapper, Canfigure, Gensuite, jTask Inc.

The Emergence Of Advanced Management Solutions In The Organizational Change Management Software Market

Major companies operating in the organizational change management software market are increasingly integrating specialized modules or features, such as regulatory change management, to address regulatory compliance requirements and streamline change management processes. These integrated RCM capabilities enable organizations to manage regulatory updates, assess their impact on business operations, and implement necessary changes seamlessly as part of broader change management initiatives. For instance, in July 2022, Onspring, a US-based software company, launched the Regulatory Change Management (RCM) solution. It is uniquely designed to offer immediate visibility and control over regulatory changes and their compliance implications for enterprises. It notifies compliance teams of regulatory changes and current obligations in real-time, allowing for the activation of impact assessments to evaluate associated risks and their necessary corrective actions. Organizations can implement a structured, integrated, and automated approach to tackle regulatory change, by using Onspring's RCM solution.

Accenture Strengthens Change Management Capabilities With Future State Acquisition

In February 2021, Accenture Plc, an Ireland-based IT company, acquired Future State for an undisclosed amount. The acquisition of Future State expands the change management capabilities of Accenture. This expanded talent pool allows them to better assist clients in navigating business transformations in a dynamic environment. Future State is a US-based provider of organizational change management software. North America was the largest region in the organizational change management software market in 2023. The regions covered in the organizational change management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the organizational change management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The organizational change management software market includes revenues earned by entities providing services such as customization and configuration, integration with IT systems, and software as a service (SaaS). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The organizational change management software market research report is one of a series of new reports from The Business Research Company that provides organizational change management software market statistics, including organizational change management software industry global market size, regional shares, competitors with a organizational change management software market share, detailed organizational change management software market segments, market trends and opportunities, and any further data you may need to thrive in the organizational change management software industry. This organizational change management software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Simulation Learning Market Definition And Segments

Simulation learning is the use of technology to create immersive, interactive environments that mimic real-world circumstances for instructional reasons. Simulations allow to engage in experiential learning by making decisions and experiencing outcomes in a safe environment. The main types of simulation learning are hardware and software. Hardware refers to the physical equipment and devices used to create and interact with simulated environments, such as computers, sensors, VR headsets, and haptic feedback devices. The delivery modes include web-based simulation, cloud-based simulation, and on-premises simulation for applications such as medical, enterprise, education, civil aviation, defense, security, and others. The simulation learning market covered in this report is segmented – 1) By Type: Hardware, Software 2) By Delivery Modes: Web-Based Simulation, Cloud-Based Simulation, On-Premises Simulation 3) By Applications: Medical, Enterprise, Education, Civil Aviation, Defense And Security, Other Applications The simulation learning market size has grown rapidly in recent years. It will grow from $17.1 billion in 2023 to $20.45 billion in 2024 at a compound annual growth rate (CAGR) of 19.6%. The growth in the historic period can be attributed to increased emphasis on experiential learning methodologies, rising demand for hands-on training across industries, expansion of online education and remote learning, and growth of simulation learning startups. The simulation learning market size is expected to see rapid growth in the next few years. It will grow to $42.03 billion in 2028 at a compound annual growth rate (CAGR) of 19.7%. The growth in the forecast period can be attributed to expansion of simulation learning, increased focus on environmental sustainability, expansion of simulation learning content libraries, rise of simulation learning ecosystems for seamless integration, and growth of simulation-based assessments. Major trends in the forecast period include integration of artificial intelligence, adoption of virtual reality, adoption of simulation learning, cybersecurity training, and technological advancements.

EdTech's Rise Fuels Simulation Learning Market Growth

The increasing investment in educational technology is expected to propel the growth of the simulation learning market going forward. Education technology involves utilizing digital tools and resources to enhance teaching, learning, and educational outcomes. Investments in educational technology are increasing due to growing recognition of its potential to improve learning outcomes, enhance accessibility, and adapt to evolving educational needs in a rapidly digitizing world. Simulation learning is widely employed in educational technology to provide interactive experiences for practical skill development in a controlled environment. For instance, in June 2022, according to the Department of Education, a UK-based government department, investment in edtech surged threefold and reached €1.6 billion in 2021, up from €625 million in 2020. Therefore, the increasing investment in educational technology is driving the growth of the simulation learning market. Major companies operating in the simulation learning market are Siemens AG, Thales Group, Rockwell Automation Inc., CAE Inc., ESI Group, Ansys Inc., McGraw-Hill Education LLC, Pluralsight Inc., Laerdal Medical Corporation, D2L Corporation, Realityworks Inc., SANS Institute, Infopro Learning Inc., Mentice AB, KNOLSKAPE Solutions Private Limited, Toolwire Inc., Capsim Management Simulations Inc., Simmersion Holdings Pty Ltd., SIMTICS Limited, Indusgeeks USA Inc., Innovative Learning Solutions Inc., Forio Corporation, SimTutor Inc.

VR Solutions Reshaping Simulation Learning Experiences

Major companies operating in the simulation learning market are adopting virtual reality (VR) and augmented reality (AR) technologies to introduce intelligent and advanced solutions, such as virtual teams simulation, to enhance remote collaboration, foster experiential learning, and optimize training outcomes. Virtual team simulation refers to the use of simulated environments in educational or professional settings to replicate the experience of collaborating within virtual teams, enabling participants to practice communication, collaboration, and problem-solving skills remotely. For instance, in December 2021, KNOLSKAPE, an India-based technology company, launched virtual teams, which delivers an immersive learning experience for participants who assume the role of a leader of a globally distributed team facing difficult goals. This simulation allows learners to fail, unlearn, and relearn without real-world consequences, enabling a safe environment to investigate leadership dynamics in virtual team situations.

eDynamic Learning's Acquisition Of Knowledge Matters Paves The Way For Immersive Educational Experiences

In May 2021, eDynamic Learning, a US-based educator-founded company, acquired Knowledge Matters for an undisclosed amount. This acquisition allows eDynamic Learning to provide students with a more immersive and practical learning experience, enabling them to make decisions and see the real-world impact of their choices in various industries. Knowledge Matters Inc. is a US-based educational technology company that specializes in providing simulation-based learning solutions for business education. North America was the largest region in the simulation learning market in 2023. The regions covered in the simulation learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the simulation learning market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The simulation learning market consists of revenues earned by entities providing services such as consulting and training, technical support, and content integration. The market value includes the value of related goods sold by the service provider or included within the service offering. The simulation learning market also includes sales of simulation software platforms, mobile learning apps, and hardware solutions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The simulation learning market research report is one of a series of new reports from The Business Research Company that provides simulation learning market statistics, including simulation learning industry global market size, regional shares, competitors with a simulation learning market share, detailed simulation learning market segments, market trends and opportunities, and any further data you may need to thrive in the simulation learning industry. This simulation learning market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.