Claim
The influence of product marketing is expanding even as the number of in-house roles contracts, driven by three shifts: elevation to executive-level work, consolidation into fewer senior roles, and a growing ecosystem of consultants and communities.
Mechanism
Companies hire one very senior PMM to own narrative, positioning, launches, and GTM alignment, which slows hiring and raises expectations. Meanwhile, the function's strategic importance attracts consultants and specialized services, creating a broader market around PMM itself.