Bug-Tracking-Software-Market
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<strong>Bug</strong> <strong>Tracking</strong> <strong>Software</strong> <strong>Market</strong> Predicts Rise in Demand by 2026<br />
<strong>Bug</strong> <strong>Tracking</strong> <strong>Software</strong> <strong>Market</strong> research provides industry analysis<br />
by type, manufacturer, application along with key factors<br />
influencing the growth of the market which include growth drivers,<br />
restraints, opportunities and challenges, strategically profile key<br />
players and comprehensively analyze their market share and core<br />
competencies.<br />
A bug tracking system, also known as defect tracking system, is a software tool that tracks<br />
reported programming bugs in software development projects. It might also be regarded as a<br />
type of issue tracking system. Database, which is a major component of bug tracking software,<br />
records all facts about known bugs. Moreover, a bug tracking system permits administrators to<br />
configure the product according to the status, either delete the bug or move the bug to another<br />
status.<br />
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One of the key factors driving the global bug tracking system market is increased spending in the<br />
development of novel software testing programs. A bug tracking system is an integral part of any<br />
software testing program. Advanced testing technologies such as automated testing system are<br />
expected to bolster the growth of bug tracking software market worldwide. Implementation of<br />
bug tracking system in the initial stage itself will reduce the time and cost required to address<br />
the issues. This in turn has resulted in the swift growth of global bug tracking software market.<br />
The cloud-based deployment model held the largest share of the global bug tracking software<br />
market in 2016. The bug tracking software venders and users are increasingly opting cloud<br />
platform, which will further boost the market over the upcoming years. For example, Atlassian,
an Australia-based enterprise software company provides cloud bug tracking software i.e. JIRA<br />
<strong>Software</strong>. Similarly, JetBrains Prague, a Czech Republic-based software company also provides<br />
cloud bug tracking software, YouTrack. Moreover, Google Drive and Microsoft Azure are<br />
empowering the adoption of cloud-based solutions from the on-premises software model. In<br />
addition to this, factors such as cost-adequacy and simple up gradation of cloud-based<br />
infrastructure over their counterparts are further advancing the utilization of cloud-based<br />
solution, which helps in increasing the adoption of bug tracking software.<br />
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“<strong>Bug</strong> <strong>Tracking</strong> <strong>Software</strong> <strong>Market</strong> Outlook – North America accounts for largest market<br />
share”<br />
On the basis of geography, global bug tracking software market is classified into North America,<br />
Europe, Asia Pacific, Latin America, Middle East, and Africa. North America bug tracking software<br />
market held the largest market share in 2016 and is projected to continue its dominance over the<br />
forecasted period. The U.S. and Canada are some of the countries, which drive the bug tracking<br />
software market in North America. The significant presence of software testing companies and<br />
increasing investment in development of software testing tools are expected to fuel the bug<br />
tracking software market in the region.<br />
“<strong>Bug</strong> <strong>Tracking</strong> <strong>Software</strong> <strong>Market</strong>: Competitive Background”<br />
Atlassian, Inc., International Business Machines Corporation, JetBrains s.r.o., Zoho Corporation,<br />
Axosoft, LLC, <strong>Bug</strong>snag, Inc., Countersoft, DoneDone, LLC, Fog Creek <strong>Software</strong>, INC., Inflectra<br />
Corporation, Macropod <strong>Software</strong> Pty Ltd., OverOps Inc., Raygun, Rollbar, Sentry, Sifter, and<br />
Variad Corporation are some of the key players identified across the value chain of bug tracking<br />
software market.<br />
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About Coherent <strong>Market</strong> Insights:<br />
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syndicated research reports, custom market analysis, consulting services, and competitive<br />
analysis through various recommendations related to emerging market trends, technologies, and<br />
potential absolute dollar opportunity.
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