In Scrum, a product increment is a concrete stepping stone towards the Product Goal. Each Increment is additive to all prior Increments plus any new features completed in the latest sprint - and thoroughly verified, ensuring that all Increments work together. To provide value, the Increment must be usable.
Without a usable increment, developers delay delivering value and miss opportunities to gather user feedback, adapt the product, and ensure customer satisfaction. Conversely, incremental releases enable faster feedback, quicker innovation, continuous improvement, rapid adaptation to change, and greater customer satisfaction.