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BUG TRACKING SOFTWARE MARKET ANALYSIS

Bug Tracking Software Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Bug Tracking Software MarketSize and Trends

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.

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:

  • Banking, Financial services, and Insurance
  • Telecommunication
  • Media
  • Information technology
  • Retail
  • Others

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