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Line 39: == In India == The Indian National Association of Software and Service Companies ([[NASSCOM]]) estimated the total market size of the KPO sector in India in 2006 to be $1.5 billion.{{sfn\|Contractor\|Kumar\|Kundu\|2010\|p=53}} The year before, 2005, it had been $1.3 billion, with [[Evalueserve]] predicting that by 2010 it would be some $10 to $15 billion.{{sfn\|Mehrotra\|2005\|p=46}} The Indian government was predicting that by 2010 India would have 15% of the global KPO market.{{sfn\|Basu\|2009\|p=80}} However, the [[~~Late-2000s recession\|the global~~2008 financial crisis]], coupled with domestic economic problems such as the [[initial public offering\|IPO]] of [[Reliance Power]] in 2009, caused people to re-evaluate these predictions, incurring worries that India's IT, BPO, and KPO sectors — which by then, combined, were $8.4 billion in [[export revenue]]s — would be greatly affected by these factors.{{sfn\|Varadarajan\|2010\|p=145–146}} The worldwide KPO industry is expected to reach about US $17 billion by 2015, of which US $12 billion would be outsourced to India. Furthermore, the Indian KPO area is likewise anticipated that it will utilize more than 2, 50,000 KPO experts by 2015.<ref name= "SIES">{{cite web\| title= SEIS Journal of management\| url= http://www.siescoms.edu/journals/siescoms/Journal1.pdf\| page=86}}</ref> == In the Philippines ==

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