Bug Tracking Software Market Is Booming Across the Globe Explored in Latest Research with Top Key Players: Airbrake,Atlassian,Axosoft, LLC.,Bugsnag Inc.,IBM,Inflectra Corporation

A bug is an error, fault or flaw in a computer program that causes it to produce an incorrect result, or to behave in unintended ways. Bug tracking software is also known as error tracking software. This software enables defect tracking, issue tracking, task management, backlog management, and workflow management. The enterprise area is adopting the cloud-based project management software that is directly led to increasing the demand for the bug tracking software market. Implementation of a bug tracking system reduces the time and cost required to address the issues, which also fuels the growth of the bug tracking software market.

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Key Players:

1. Airbrake
2. Atlassian
3. Axosoft, LLC.
4. Bugsnag Inc.
5. IBM
6.Inflectra Corporation
7. JetBrains
8. Nulab, Inc.
9. Raygun
10. Zoho Corporation Pvt. Ltd.

A rise in the adoption of testing automation and DevOps, the surge in need to deliver bug-free projects, is boosting the demand for the bug tracking software market. Growing demand for bug tracking software owing to its benefits, such as improving ROI by reducing the cost of software development, understanding bug trends, and early detection of bugs, these factors are fueling the growth of the bug tracking software market. However, the availability of open source and free bug tracking software is the key hindering factor for the growth of the market. A rise in investment for software testing, an increase in the adoption of cloud-based project management software are some of the key factors that expected to drive the growth of the bug tracking software market.

The global Bug tracking software market is segmented on the basis of deployment type, enterprise size, industry vertical. On the basis of deployment type the market is segmented as on-premise, cloud. On the basis of enterprise size the market is segmented as small enterprises, medium-sized enterprises, large enterprises. On the basis of industry vertical the market is segmented as BFSI, information technology, manufacturing, telecommunications, retail, others.

The report analyzes factors affecting bug tracking software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the bug tracking software market in these regions.

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Across the globe, several regions like North America, Latin America, Asia-Pacific, Europe, and Africa have been studied on the basis of sale and profit margin. Some significant key players have been profiled to get informative data to make informed decisions in the businesses. It makes use of info graphics, graphs, charts, tables, and pictures. For an effective and accurate business outlook, the report on the global Bug Tracking Software market examined details of the changing trends adopted by the top level companies.

Major highlights of the report:

  • An all-inclusive evaluation of the parent market
  • The evolution of significant market aspects
  • Industry-wide investigation of market segments
  • Assessment of the market value and volume in the past, present, and forecast years
  • Market share evaluation
  • Study of niche industrial sectors
  • Tactical approaches of the market leaders
  • Lucrative strategies to help companies strengthen their position in the market.

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Sameer Joshi                                
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