Global Bug Tracking Software Market | Business Trends, Share, Size, Growth, Opportunity and Analysis 2018-2026

Increased acceptance of DevOps and testing automation, increased demand for bug-free projects, increased investment in software testing, and increased adoption of cloud-based project management software are some of the key drivers driving the worldwide bug tracking software market forward. Furthermore, benefits connected with bug tracking software, such as improving ROI by lowering software development costs and early issue discovery and analyzing bug trends, are projected to drive market expansion. The availability of free bug tracking software, on the other hand, is likely to slow the growth of the worldwide bug tracking software industry.

In 2018, the cloud segment dominated the bug tracking software market share, and this dominance is expected to continue during the forecast period. This might be due to the growing use of cloud technology in SMEs and major corporations to gain agility and cost savings.

The information technology sector generated the most revenue in the 2018 bug tracking software market, according to the end-user industry. However, due to an increase in the trend of digitization in the retail business, the retail category is predicted to develop at the greatest CAGR during the forecast period.

While conducting market research of bug tracking software, it was discovered that the market is seeing an increase in the use of artificial intelligence technology in a bug tracking software. AI's integration into future project management is expected to boost project output productivity even more. DeepCode, a Zurich-based AI-powered programming tool, for example, supports developers in addressing problems and optimizing code. It also aids with bug logging, tracking, and resolution.

Key Findings of the Bug Tracking Software Market :

• In terms of revenue, the cloud segment dominated the market in 2018.
• By organization size, the large enterprise sector generated the most revenue in the bug tracking software market in 2018.
• During the forecast period, the small business segment is expected to increase at the fastest rate.
• The information technology segment earned the most revenue for the glitch tracking software market in 2018, according to the industry vertical.
• In terms of revenue, North America dominated the market in 2018.

Some of the key players identified across the value chain of bug tracking software market include 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.