Future of Product Management: 2024 Forecast
The state of product management in the next calendar year
Introduction
Product management has come a long way in the last decade, but there have been many setbacks.
There are more jobs, interest, and awareness in product management than ever before.
But the product world has also become an increasingly chaotic domain.
There are many human and commercial motivations at play, influencing the state of the product management domain.
This review outlines some of the market dynamics in product management in 2024.
Product Management Forecast
Product Management Jobs — Substantially more job openings in product management will be available in high-tech and traditional industries.
The yearly increase in product management jobs is estimated at 30%-40%.
The average annual salary for a product manager in the US is now over US$100,000.
Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of products, their complexities, and the technology involved.