Germany's shrinking footprint in global finance is hard to ignore. Just two companies from the country now rank among the world's top 100 by market capitalization: SAP and Siemens. What's striking is how far SAP has fallen—once Europe's heavyweight champion, it's now sitting at 46th place globally. The competitive landscape has shifted dramatically, with firms from other regions steadily gaining ground. This trend reflects broader shifts in how capital flows across industries and geographies. For anyone tracking global markets, it's a reminder that market dominance isn't permanent. Even established European powerhouses face pressure as emerging sectors and non-traditional players reshape the rankings. The numbers tell a clear story: economic momentum has moved elsewhere.