Bug Tracking Software Market

Bug Tracking Software Market - Global
Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2016–2024
A bug tracking system, also known as defect tracking system, is a software tool that
tracks reported programming bugs in software development projects. It might also be
regarded as a type of issue tracking system. Database, which is a major component of
bug tracking software, records all facts about known bugs. Moreover, a bug tracking
system permits administrators to configure the product according to the status, either
delete the bug or move the bug to another status.
One of the key factors driving the global bug tracking system market is increased
spending in the development of novel software testing programs. A bug tracking system
is an integral part of any software testing program. Advanced testing technologies such
as automated testing system are expected to bolster the growth of bug tracking
software market worldwide. Implementation of bug tracking system in the initial stage
itself will reduce the time and cost required to address the issues. This in turn has
resulted in the swift growth of global bug tracking software market.
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Bug Tracking Software Market Taxonomy
On the basis of deployment model, the global bug tracking software market is
classified into:
● On–premises model
● Cloud-based model
The cloud-based deployment model held the largest share of the global bug tracking
software market in 2016. The bug tracking software venders and users are increasingly
opting cloud 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 Software. Similarly, JetBrains Prague, a Czech
Republic-based software company also provides cloud bug tracking software,
YouTrack. Moreover, Google Drive and Microsoft Azure are empowering the adoption of
cloud-based solutions from the on-premises software model. In addition to this, factors
such as cost-adequacy and simple up gradation of cloud-based infrastructure over their
counterparts are further advancing the utilization of cloud-based solution, which helps in
increasing the adoption of bug tracking software.
On the basis of end-use industries, the global bug tracking software market is
classified into:
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Banking, Financial services, and Insurance
Telecommunication
Media
Information technology
Retail
Others
Bug Tracking Software Market Outlook – North America accounts for largest
market share
On the basis of geography, global bug tracking software market is classified into North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America
bug tracking software market held the largest market share in 2016 and is projected to
continue its dominance over the forecasted period. The U.S. and Canada are some of
the countries, which drive the bug tracking software market in North America. The
significant presence of software testing companies and increasing investment in
development of software testing tools are expected to fuel the bug tracking software
market in the region.
Atlassian, Inc., International Business Machines Corporation, JetBrains s.r.o., Zoho
Corporation, Axosoft, LLC, Bugsnag, Inc., Countersoft, DoneDone, LLC, Fog Creek
Software, INC., Inflectra Corporation, Macropod Software Pty Ltd., OverOps Inc.,
Raygun, Rollbar, Sentry, Sifter, and Variad Corporation are some of the key players
identified across the value chain of bug tracking software market.
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Bug Tracking Software Market report categorizes global market on the basis of deployment model, end-use industries - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024