According to mint's journal report, "India is SAP's fastest-growing country". 

SAP ‘Systems, Applications, and Products in Data Processing', the business management software is widely used by IT firms in India as it interconnects the operation system and helps to run the activities and operations smoothly and seamlessly. The usability and benefits of SAP in organizations speaks of the demand situation by itself. As stated by Mindset consulting, "60% of India's GDP runs through an SAP system". 

It can be said that SAP career is one among the top most demanded careers in India's job market.  Building a career in SAP is one of the most lucrative career options as per 2023-24 job market in India.   

PHENOMENAL MARKET GROWTH OF SAP IN INDIA  

According to a recent report by MarketsandMarkets, the global SAP market is expected to grow from USD 76.14 Bn in 2022 and is projected to reach USD 105.99 Bn by 2027. As per the market forecast, it is expected to grow at a CAGR of 6.8%.  SAP consultants in India are expected to experience a higher demand situation due to widespread use of SAP software in different sectors and increase market share.

This growth is being driven by a number of factors, including:

• The increasing adoption of digital technologies by businesses in India

• The growing demand for SAP software from small and medium-sized enterprises (SMEs)

• The government's initiatives to promote digital transformation in the country

 The following are some of the key trends that are expected to drive the growth of the SAP market in India in 2023-24:

• The increasing adoption of cloud-based SAP solutions

• The growing demand for SAP solutions for specific industries, such as manufacturing, retail, and healthcare

• The increasing demand for SAP solutions for data analytics and artificial intelligence (AI)

SAP's Impact on Indian Businesses 

India being one of the fastest growing economies in the world, the digital revolution is at its epicentre. It has seen a rise in popularity among business organizations in India since 2019. But what makes the software so popular among businesses in India. Firstly, SAP software contributes to Indian businesses in many ways being a single and affordable ERP solution. It is easily adaptable and can be implemented by all business segments including small scale, middle scale and large scale businesses. It enables business organizations to seamlessly adapt to the ever-changing digital landscape in India.

Here's some statistics on how SAP software is revolutionising business organizations:

 400,000+ customer base: SAP software is revolutionising business organizations worldwide, supported by an extensive customer base exceeding 400,000.

 20% boost in productivity: Businesses adopting SAP solutions have experienced a remarkable 20% increase in productivity, highlighting the transformative impact of these tools.

 90% cost saving potential: SAP software offers the potential for substantial cost savings, with companies realising up to 90% in reduced expenses.

 95% data accuracy: Ensuring an impressive 95% data accuracy rate, SAP systems serve as a reliable foundation for data-driven decision-making.

 80% users experience better decision-making: An overwhelming 80% of SAP users report experiencing significant improvements in their decision-making processes, providing them with a competitive edge in the market.

 30% IT cost-cutting in SAP integration: The integration of SAP software can lead to a notable 30% reduction in IT costs, allowing companies to allocate resources more efficiently.

 200-400% ROI achieved: Business organizations that implement SAP solutions typically achieve a remarkable ROI ranging from 200% to 400%, demonstrating the long-term value of these investments.

 25% increase in sales: Integrating SAP systems has led to a substantial 25% increase in sales for companies, contributing to revenue growth.

 70% of users experience higher customer satisfaction: SAP users report a remarkable 70% increase in customer satisfaction, underlining the customer-centric advantages of these solutions.

 40% boost in operational efficiency: SAP software empowers businesses with a notable 40% increase in operational efficiency, enabling streamlined processes and peak performance.

Source: Fingent

WHY CHOOSING A SAP CAREER IN INDIA IS THE BEST DECISION? 

SAP is on an upward trend and has become the preferred choice for corporates. Opting for a career in SAP is undoubtedly a wise decision. With the phenomenal growth of SAP, the demand for SAP consultants will increase manifolds in the upcoming years. Therefore, students having a tech background can switch to SAP career without a second thought.

According to Ambition box, the average salary of SAP Marketing Consultant is 9.9 Lakhs per year.  SAP Finance and Controlling is one of the top modules and most demanded of all. The maximum salary of SAP experts is 2X the experience.

 Here are some of the most in-demand SAP skills in India in 2023-24:

• SAP FICO (Financial Accounting and Controlling)

• SAP S/4HANA (enterprise resource planning)

• SAP Hybris (customer relationship management)

• SAP Business One (enterprise resource planning for SMEs)

• SAP SuccessFactors (human capital management)

• SAP Ariba (supply chain management)

• SAP Analytics Cloud (data analytics)

Competitive nature of the SAP job market in India 2023

The SAP job market in booming in India, opening up doors to wide range of career options. The demand situation in India is create a very competitive network of SAP professionals. It is a highly in-demand field in India with growing opportunities for individuals having the RIGHT SKILLS at RIGHT TIME!

An individual having a tech background can easily switch or step into this career. The fast growth rate of SAP in India suggests better career growth opportunities and wider prospects. One of the compelling reasons to consider a career in SAP is the potential for lucrative salaries and compensation packages. In comparison to many other prominent career fields in India, SAP professionals often enjoy competitive remuneration. The demand for skilled SAP consultants is high, and organizations are willing to offer attractive incentives to secure top talent.

How candidates can stand out in a crowded field? 

"Your Network Is Your Net Worth"

A candidate must keep networking and showcase his or her skills to stay relevant and visible in the market. Especially in markets like SAP that are unlikely to dry-up in the future.  

Consult Recruitment Agency

Many SAP professionals can consult recruitment agencies to land up the right job offering the right pay package. However choosing the right recruitment agency is essential to ensure one lands up in the best SAP position.

Crafting Standout IT resume

CV is the first thing an employer looks into when considering IT professionals. Obviously the candidate having the best CV stands out and ultimately gets hired. A logical and effective structure is advised with the following sections in order:

• CV Title

• Basic Personal Details

• Profile Summary

• Highlight IT Skills

• Previous / Current Work Experience

• Education/ Courses / Certifications

• References

• Personal Hobbies / Interest

The key is to provide an updated CV, highlighting the key IT skills and professional details. 

Final Thoughts

In conclusion, the booming SAP job market in India presents an exciting and rewarding career path for individuals with a tech background. The industry's rapid growth, attractive compensation packages, and international potential make it a compelling choice for those seeking a fulfilling and prosperous career.