Product Management Services

Oscorm Digital
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Product management software was worth $25.6 billion globally, and experts expect it to reach $58.9 billion, an 11.1% CAGR. However, investment does not guarantee success. Insufficient market validation causes 62% of product failures, while 28% of product launches miss management's expectations. Professional product management services are addressing these issues. Managed product teams using AI to develop achieve 19% higher productivity and 13% lower production costs. A staggering 89% of businesses use agile product management. Outsourcing these services may provide companies access to specialised expertise that is harder to acquire and maintain. This is because Product Management Services roles increase 30% faster than other tech occupations. 

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