The product development process is a series of steps that a company goes through to design and create products. It involves a series of stages that are designed to make sure that the final product meets the needs of the target market. And delivered within the specified time frame and budget.
The process typically includes several stages, including ideation, market research, concept development, design, prototyping, testing and manufacturing.
The product development process is a crucial part of any business's growth strategy, as it enables them to create products (US Site) that meet customer needs and stay ahead of the competition.