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Recruitment industry is expected to grow at a rate of 300 per cent over the last year. ERA, the recruitment industry body, had conducted a study whereby the size of the industry was estimated to be around Rs 6000 crore for 2006-07; however, this figure does not include the market size which gets added through overseas business and other recruitment-related expenses. Thereby, market size for recruitment and related activities could very well be close to twice the figure estimated.
The RPO industry is still in the growing stage and is very unorganised. It is difficult to estimate the targeted share of the global market. There are various companies who provide RPO services to the global market but are unlisted. Since these companies do not disclose their financial results with respect to markets, it makes the task to calculate the market share even more complex and tough.