Enterprise Modernization Services Part 4.1: SAP Partner Ecosystem

SAP modernization is entering a new phase.

The market opportunity now extends well beyond the initial S/4HANA migration. Clean-core redesign, BTP integration, data remediation, Business AI enablement and recurring application-management services are creating a broader and more durable services ecosystem.

ComCap’s latest sector report examines the SAP Partner Ecosystem and the capabilities increasingly attracting strategic buyers and financial investors.

Key findings include:

• The SAP digital-services market is estimated to grow at a 9.6% CAGR through 2035.

• We identified 70+ SAP partner ecosystem and adjacent transactions announced between January 2023 and June 2026.

• Strategic value is increasingly concentrated in firms combining certified SAP talent, industry expertise, proprietary migration or data IP, and recurring AMS revenue.

• M&A activity is being driven by demand for S/4HANA transformation, clean-core implementation, BTP and data capabilities, regulated-industry expertise, and managed cloud operations.

The strongest SAP partners are evolving from project-based implementation providers into long-term modernization and operating partners.

For founders, operators, investors, or executives looking to evaluate their market positioning ahead of a transaction, reach out to Nas Chobanov and Aron Bohlig — we would welcome the conversation.