How would I go about finding $\prod_{n=1}^\infty (1+\frac{1}{n^2})$ ? Setting $a_k = \prod_{n=1}^k (1+\frac{1}{n^2})$, the first few partial products are $a_1 = 2$, $a_1 = 2.5$, $a_3 \approx 2.78$, $a_4 \approx 2.591$, $a_{20} \approx 3.50$, and they eventually appear to converge at around $3.639$. (These values were found with a quick python program. So much for my initial conjecture that the product converged to $e$.)
I tried writing $1+\frac{1}{n^2}$ as $\frac{n^2 + 1}{n^2}$, but it wasn't immediately obvious how to prove convergence / find the limit because the product doesn't really factor or telescope. Is there a way to calculate the limit?
Since @achille hui gave an answer to the original question, let me introduce a general way of computing the product of the form
$$ \prod_{n=1}^{\infty} \frac{(n-\alpha_1)\cdots(n-\alpha_k)}{(n-\beta_1)\cdots(n-\beta_k)}. \tag{*}$$
Assumptions on parameters are as follows:
Now we can write the partial product as
$$ \prod_{n=1}^{N-1} \frac{(n-\alpha_1)\cdots(n-\alpha_k)}{(n-\beta_1)\cdots(n-\beta_k)} = P \cdot\frac{\Gamma(N-\alpha_1)\cdots\Gamma(N-\alpha_k)}{\Gamma(N-\beta_1)\cdots\Gamma(N-\beta_k)} \tag{1}$$
where $P$ is defined by
$$ P = \frac{\Gamma(1-\beta_1)\cdots\Gamma(1-\beta_k)}{\Gamma(1-\alpha_1)\cdots\Gamma(1-\alpha_k)}. $$
From the Stirling's formula, we can easily check that
$$ \Gamma(N - z) \sim \sqrt{2\pi} \, N^{N-z-\frac{1}{2}} e^{-N} \quad \text{as} \quad N \to \infty. $$
Plugging this to $\text{(1)}$ shows that $\text{(*)}$ is given by
$$ \prod_{n=1}^{\infty} \frac{(n-\alpha_1)\cdots(n-\alpha_k)}{(n-\beta_1)\cdots(n-\beta_k)} = P = \frac{\Gamma(1-\beta_1)\cdots\Gamma(1-\beta_k)}{\Gamma(1-\alpha_1)\cdots\Gamma(1-\alpha_k)}. $$
(Alternatively, one can utilize the Weierstrass' factorization of $\Gamma$ to prove this.) In our case, we can set $\alpha_1 = i$, $\alpha_2 = -i$ and $\beta_1 = \beta_2 = 0$. Then
$$ \prod_{n=1}^{\infty} \bigg( 1 + \frac{1}{n^2} \bigg) = \frac{1}{\Gamma(1+i)\Gamma(1-i)} = \frac{\sin(\pi i)}{\pi i} = \frac{\sinh \pi}{\pi}. $$
Here, we utilized the Euler's reflection formula. Similar consideration proves
$$\prod_{n=1}^{\infty} \bigg( 1 + \frac{1}{n^3} \bigg) = \frac{\cosh\left(\frac{\sqrt{3}}{2}\pi\right)}{\pi}. $$