The term user experience (UX) encompasses all aspects of a user's interaction with a product, particularly focusing on how enjoyable and effective that interaction is. It involves understanding user needs, preferences, and behaviors to create products that are intuitive and satisfying to use. In product design, UX entails usability, accessibility, and overall functionality, ensuring that users find value and ease in their interactions with the product. Good user experience design leads to increased user satisfaction and can significantly impact the success and adoption rate of a product in the market.