Bug Tracking Software Market

Bug Tracking Software Market to Witness an Outstanding Growth by 2025
A bug tracking system is a software application that helps keep track of tested software
bugs in software development projects. It is a type of system that tracks issues in a
software. With a bug tracking software, an issue that could be anything from a simple
customer question to a comprehensive technical report of a bug or an error, can be easily
tracked. Generally a bug tracking system or software offers the user with a technique to
report an issue or bug and track advancement of its resolution, and identifies who is
responsible for resolving the problem.
Moreover, it also permits the system manager to modify the tracking method so that
excessive certification on the part of problem solvers does not turn out to be wastage of
time. Various organizations use bug tracking applications, comprising IT help desks,
manufacturers, software developers, and other service providers.
Increasing advantages and benefits of the bug tracking software is one of the important
driving factors in the global bug tracking software market. Efficient tracking of bugs permits
companies to keep a record of the bugs that often come up and further makes it simpler to
resolve the repetitive problem. Additionally, before it turns into a malicious threat, these
records aid software developers to emphasis only on the serious issues and can decrease
the strength of the bug. The software is flawlessly upgraded and installed, since most of
the bug tracking software is open source. Shifting to a cloud-based bug tracking software
is also an important factor likely to bolster growth of the bug tracking software market
during the forecast period. Various platforms such as Microsoft Azure and Google Drive
are boosting the adoption of cloud-based solutions from on premise software models.
Additionally, factors like easy upgrade of cloud-based infrastructure over their counterparts
and cost-effectiveness are further encouraging the use of cloud-based solutions, which will
additionally drive the adoption of bug tracking software over the next couple of years.
Despite various drivers, there are certain factors that are likely to hinder growth of this
market during the forecast period. Adoption of bug tracking software among non-technical
end-users.is one such factor restraining the growth of the bug tracking software market.
Advancement in existing products is likely to create opportunities in the global market.
Currently, there are few differentiated products in the market. Smart players are already
tapping into the opportunity by channeling money into development of effective and
differentiated products. This is expected to strengthen competition in the coming years.
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On the basis of deployment type, the bug tracking software market has been bifurcated
into on-premises and cloud. The cloud-based deployment model witnessed highest market
revenue during the forecast period. The software is hosted within the cloud and is
seamlessly accessed using a web browser in the cloud-based deployment model.
Moreover, responsive accessibility related to the storage is further boosting demand for
bug tracking software. Additionally, in cloud, hosting a bug tracking software is easy,
thereby removing extra investment in hardware and requires less human effort that is likely
to further boost the growth of the bug tracking software market across the world.
The geographical bifurcation of the bug tracking software market includes North America,
Asia Pacific, Middle East & Africa, and Latin America. North America is expected to hold
the highest market revenue throughout the forecast period. Increasing investment in
software testing in countries like Canada and the U.S. is likely to drive the growth of the
market in this region during the forecast period.
Some of the key companies in the bug tracking software market comprises Atlassian
(Australia), International Business Machines Corporation (U.S.), JetBrains s.r.o.(Czech
Republic), Zoho Corporation (U.S.), Airbrake (U.S.), Axosoft, LLC (U.S.)., Inflectra
Corporation (U.S.), Bugsnag Inc. (U.S.), Countersoft (U.S.), and Fog Creek Software
(U.S.).

It is a type of system that tracks issues in a software. With a bug tracking software, an issue that could be anything from a simple customer question to a comprehensive technical report of a bug or an error, can be easily tracked.

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