Bug Tracking Software Market Value to Achieve USD 601.64 Million by 2026

The global bug tracking software market was pegged at $218.22 million in 2018 and is projected to reach $601.64 million by 2026, registering a CAGR of 13.6% from 2019 to 2026. The report offers a detailed analysis of the key segments including top investment pockets, changing dynamics, market size & estimations, and competitive scenario.

Rise in adoption of DevOps & testing automation and surge in need to deliver bug-free projects successfully are the major drivers for the growth of the global bug tracking software market. Furthermore, rise in investment for software testing and increase in adoption of cloud-based project management software fuel the market growth. However, availability of free bug tracking software impedes the market growth. On the other hand, upsurge in adoption of artificial intelligence and integration of machine learning solution in bug tracking software will provide major opportunities for the market growth in upcoming years.

Download Free Sample Report at: https://www.alliedmarketresearch.com/request-sample/5403

The global bug tracking software market is divided on the basis of mode of deployment, organization size, industry vertical, and region. Based on deployment, the market is segmented into cloud and on-premises. The cloud segment held the largest share in 2018, contributing to nearly three-fifths of the market. Furthermore, this segment is expected to register the fastest CAGR of 14.5% during the forecast period.

On the basis of organization size, the market is bifurcated into small enterprises, medium sized enterprises, and large enterprises. The large enterprises segment held the lion's share in 2018, accounting for more than half of the market share. However, the small enterprises segment is projected to manifest the fastest CAGR of 16.5% during the forecast period.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5403

The global bug tracking software market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The North America region dominated the market, contributing to nearly two-fifths of the market in 2018. However, the Asia-Pacific region is estimated to register the fastest CAGR of 16.2% during the study period.

The global bug tracking software market report includes an in-depth analysis of the major market players such as Nulab (backlog), Axosoft, Bugsnag Inc., Airbrake, Zoho Corporation, Atlassian (JIRA), JetBrains, Raygun, IBM, and Inflectra Corporation. They have adopted different strategies such as mergers & acquisitions, partnerships, collaborations, new product launches, and others to gain a strong position in the global industry.

If you have any special requirements, please let us know: https://www.alliedmarketresearch.com/request-for-customization/5403

Key Findings of the Study:

• By deployment, the cloud segment led the market in terms of revenue in 2018.
• Based on organization size, the large enterprises segment accounted for the highest revenue in the bug tracking software market in 2018.
• The small enterprises segment is projected to witness highest growth rate during the forecast period.
• According to industry vertical, information technology segment generated the highest revenue for glitch tracking software market in 2018.
• Region wise, North America led the market in terms of revenue in 2018.

Access Full Summary at: https://www.alliedmarketresearch.com/bug-tracking-software-market

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.