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The Future
Of Product
Management
Discover What the Future of Product Management Holds
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The Future
Of Product
Management
Where Do PMs Come From?
Our global Product community is as vast as it is diverse, and that is well represented in this report. The PMs who answered come from 263 cities in 85 countries helped us to examine the future of Product Management, including everyone from aspiring PMs looking for their first role to industry leaders at Fortune 500 companies.
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The Future
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Management
PMs Are Hungry
While Product Management can be a very lucrative career (Product Management is one of the best paid fields in the UK and in the US), PMs evidently value growth opportunities over compensation such as salary and retirement plans. Many PMs are ambitious, and want to achieve as much as possible, both for their products and within their careers.
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The Future
Of Product
Management
PMs Are on Demand
Demand for PMs has been steadily rising over the past few years. We found that 56.4% of PMs surveyed are hiring 1-5 PMs in 2020, with 17.1% hiring from 6 to even more than 10 PMs. In the US 12,173 positions were advertised on Glassdoor alone.
Job openings on Glassdoor (for America) in the last 6 years
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The Future
Of Product
Management
Product Management Relevant in 10 Years?
85.5% of PMs believe they will still be relevant in 10 years time. The need for products certainly isn’t going to disappear, so it’s only logical that Product Management would still be an in-demand career. Online interest in Product Management has doubled in the US in the past 5 years*, and is quickly overtaking other traditionally attractive career paths.
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The Future
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Management
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