India, March 4 -- SaaS giant Zoho expects India to become the second largest market for its enterprise IT management solution ManageEngine by next year.

"India is one of the fast growing markets for us, and ranks at number three today globally, after the US and the UK. Six years ago, the number was very different, India was not even in the top ten. Probably by the end of this year or next year, India will move to number two position," said ManageEngine's regional director Arun Kumar.

Speaking at a media roundtable organised by the company in Mumbai on Monday (March 3), Kumar said that India was well tipped to displace UK as the second biggest source of revenue for the vertical in the coming year.

He also noted the India market contribu...