Explore the escalating demand for product managers, their future prospects and their significance in the global business landscape in this insightful article.
Is there a shortage of product managers?
In today’s global business landscape, the demand for product managers has skyrocketed, making them one of the most highly sought-after professionals. In fact, they rank among the topmost in-demand tech jobs for the year 2023 across various industries and companies worldwide.
Do product managers have a future?
The future of product management is shaped by several key trends. As PMs focus on working smarter, adopting new methodologies, and prioritizing customer-centricity, they can deliver better products that meet customer needs and drive business success.
Are product managers in demand 2023?
According to the Product School Future of Product Management report, 43% of companies are hiring more PMs and 26% of PMs are planning to leave their jobs within the next 12 months. And product management roles are still one of the highest-paying tech roles in the US, despite the economic uncertainty.
Is product manager a growing field?
Though product management has been around for nearly 100 years, it’s only in the last few decades that product manager has taken off as a job title. And it’s likely to continue growing. Glassdoor ranked product manager at number 10 for best jobs in 2022, based on job satisfaction, earning potential, and job openings.