Market By Organization, Deployment Model, Industry Vertical And Geography | Forecast 2019-2027
After
a detailed analysis, Triton Market Research has concluded that the bug tracking
software market is expected to display an upward trend and is estimated to grow
at a CAGR of 9.34% in terms of revenue over the forecast period of 2019 to
2027. The market is predicted to reach $496.14 million by the year 2027.
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Logging and monitoring bugs or errors during software development is termed as bug tracking. It can also be stated as issue tracking or defect tracking. Bug tracking is crucial as huge systems can comprise several defects. All these defects are required to be checked, continuously monitored and prioritized for the process of debugging. In various instances, defects are required to be constantly tracked over a period of time. The primary aim is to deliver a high quality product, by putting into force two services: task management systems & bug capturing tools. Task management systems evaluate as well as manage the bug fixing process & planning; whereas, bug capturing tools discover the bug. Also, it tracks its root cause, before users encounter them.
Within this report from Triton on the bug tracking software market, the market definition and key insights regarding the industry are discussed. Also, the market attractiveness matrix, vendor scorecard, and Porter’s five force analysis, are studied for the bug tracking software Industry.
Market drivers like rising demand for error-free and fast software development, increase in the budgetary allocation to software testing, rise in the investment in the information technology market and an upsurge in the adoption of automated testing are expected to increase the market growth. The industry is facing market restraints, like the availability of free online tools.
Key opportunities like the integration of advanced technologies for bug tracking in the software development process and increasing implementation of digitization in business processes can be leveraged by the industry to get towards the projected growth.
The industry faces challenges such as preference of manual bug tracking over bug tracking software at this moment.
Geographies covered for global bug tracking software market are:
• North America: the United States and Canada
• Europe: United Kingdom, Germany, France, Italy, Spain, Russia and Rest of Europe
• Asia-Pacific: China, Japan, India, South Korea, ASEAN countries, Australia & New Zealand and Rest of Asia-Pacific
• Latin America: Brazil, Mexico and Rest of Latin America
• The Middle East and Africa: United Arab Emirates, Turkey, Saudi Arabia, South Africa and Rest of Middle East & Africa
The segmentation analysis for the global bug tracking software is as follows:
• Market by organization size:
o Small Enterprises
o Medium-sized Enterprises
o Large Enterprises
• Market by Deployment Model:
o On-premise
o Cloud
• Market by Industry vertical:
o BFSI
o Telecommunication
o Manufacturing
o Information Technology
o Retail
o Others
Some of the big players in the bug tracking software market are Airbrake LLC, Atlassian, Axosoft LLC, Bugsnag Inc, Inflectra Corporation, JetBrains sro, Nulab Inc, Raygun, ReQtest, and Zoho Corporation Pvt Ltd.
The strategic analysis for each of these companies in the bug tracking software market is covered in detail. Company profiles help to dive into the information about the key market players in this industry and how much hold they have on the market. The immense growth opportunities are attracting new companies to rush into the market and thus accelerate the degree of competition.
1. GLOBAL BUG TRACKING SOFTWARE MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. SMALL ENTERPRISES ARE RAPIDLY GROWING ORGANIZATION TYPE IN THE BUG TRACKING SOFTWARE MARKET
2.2.2. CLOUD IS THE MAJOR DEPLOYMENT MODEL IN BUG TRACKING SOFTWARE MARKET
2.2.3. RETAIL INDUSTRY IS INCREASINGLY ADOPTING BUG TRACKING SOFTWARE TECHNOLOGY
2.3. PORTER’S FIVE FORCE ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTE
2.3.3. BARGAINING POWER OF SUPPLIERS
2.3.4. BARGAINING POWER OF BUYERS
2.3.5. INTENSITY OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. MARKET DRIVERS
2.6.1. RISING DEMAND FOR ERROR FREE AND FAST SOFTWARE DEVELOPMENT
2.6.2. RISE IN THE BUDGETARY ALLOCATION TO SOFTWARE TESTING
2.6.3. RISE IN THE INVESTMENT IN INFORMATION TECHNOLOGY MARKET
2.6.4. UPSURGE IN THE ADOPTION OF AUTOMATED TESTING
2.7. MARKET RESTRAINTS
2.7.1. FREE ONLINE TOOLS
2.8. MARKET OPPORTUNITIES
2.8.1. INTEGRATION OF ADVANCED TECHNOLOGIES FOR BUG TRACKING IN SOFTWARE DEVELOPMENT PROCESS
2.8.2. INCREASING IMPLEMENTATION OF DIGITIZATION IN BUSINESS PROCESSES
2.9. MARKET CHALLENGES
2.9.1. MANUAL BUG TRACKING IS STILL PRFERRED OVER BUG TRACKING SOFTWARE
3. BUG TRACKING SOFTWARE MARKET OUTLOOK - BY ORGANIZATION SIZE
3.1. SMALL ENTERPRISES
3.2. MEDIUM-SIZED ENTERPRISES
3.3. LARGE ENTERPRISES
4. BUG TRACKING SOFTWARE MARKET OUTLOOK - BY DEPLOYMENT MODEL
4.1. ON-PREMISE
4.2. CLOUD DEPLOYMENT MODEL
5. BUG TRACKING SOFTWARE MARKET OUTLOOK - BY INDUSTRY VERTICAL
5.1. BFSI
5.2. TELECOMMUNICATION
5.3. MANUFACTURING
5.4. INFORMATION TECHNOLOGY
5.5. RETAIL
5.6. OTHER INDUSTRY VERTICALS
6. BUG TRACKING SOFTWARE MARKET – REGIONAL OUTLOOK
6.1. NORTH AMERICA
6.1.1. MARKET BY ORGANIZATION SIZE
6.1.2. MARKET BY DEPLOYMENT MODEL
6.1.3. MARKET BY INDUSTRY VERTICAL
6.1.4. COUNTRY ANALYSIS
6.1.4.1. UNITED STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET BY ORGANIZATION SIZE
6.2.2. MARKET BY DEPLOYMENT MODEL
6.2.3. MARKET BY INDUSTRY VERTICAL
6.2.4. COUNTRY ANALYSIS
6.2.4.1. UNITED KINGDOM
6.2.4.2. GERMANY
6.2.4.3. FRANCE
6.2.4.4. SPAIN
6.2.4.5. ITALY
6.2.4.6. RUSSIA
6.2.4.7. REST OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET BY ORGANIZATION SIZE
6.3.2. MARKET BY DEPLOYMENT MODEL
6.3.3. MARKET BY INDUSTRY VERTICAL
6.3.4. COUNTRY ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH KOREA
6.3.4.5. ASEAN COUNTRIES
6.3.4.6. AUSTRALIA & NEW ZEALAND
6.3.4.7. REST OF ASIA-PACIFIC
6.4. LATIN AMERICA
6.4.1. MARKET BY ORGANIZATION SIZE
6.4.2. MARKET BY DEPLOYMENT MODEL
6.4.3. MARKET BY INDUSTRY VERTICAL
6.4.4. COUNTRY ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST OF LATIN AMERICA
6.5. MIDDLE EAST AND AFRICA
6.5.1. MARKET BY ORGANIZATION SIZE
6.5.2. MARKET BY DEPLOYMENT MODEL
6.5.3. MARKET BY INDUSTRY VERTICAL
6.5.4. COUNTRY ANALYSIS
6.5.4.1. THE UNITED ARAB EMIRATES
6.5.4.2. TURKEY
6.5.4.3. SAUDI ARABIA
6.5.4.4. SOUTH AFRICA
6.5.4.5. REST OF MIDDLE EAST & AFRICA
7. COMPETITIVE LANDSCAPE
7.1. AIRBRAKE LLC
7.2. ATLASSIAN
7.3. AXOSOFT LLC
7.4. BUGSNAG INC
7.5. INFLECTRA CORPORATION
7.6. JETBRAINS SRO
7.7. NULAB INC
7.8. RAYGUN
7.9. REQTEST
7.10. ZOHO CORPORATION PVT LTD
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.1.1. OBJECTIVES OF STUDY
8.1.2. SCOPE OF STUDY
8.2. SOURCES OF DATA
8.2.1. PRIMARY DATA SOURCES
8.2.2. SECONDARY DATA SOURCES
8.3. RESEARCH METHODOLOGY
8.3.1. EVALUATION OF PROPOSED MARKET
8.3.2. IDENTIFICATION OF DATA SOURCES
8.3.3. ASSESSMENT OF MARKET DETERMINANTS
8.3.4. DATA COLLECTION
8.3.5. DATA VALIDATION & ANALYSIS
TABLE 1: GLOBAL BUG TRACKING SOFTWARE MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: GLOBAL BUG TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)
TABLE 4: GLOBAL BUG TRACKING SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
TABLE 5: GLOBAL BUG TRACKING SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027 (IN $ MILLION)
TABLE 6: GLOBAL BUG TRACKING SOFTWARE MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
TABLE 7: NORTH AMERICA BUG TRACKING SOFTWARE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 8: NORTH AMERICA BUG TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)
TABLE 9: NORTH AMERICA BUG TRACKING SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
TABLE 10: NORTH AMERICA BUG TRACKING SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027 (IN $ MILLION)
TABLE 11: EUROPE BUG TRACKING SOFTWARE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 12: EUROPE BUG TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)
TABLE 13: EUROPE BUG TRACKING SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
TABLE 14: EUROPE BUG TRACKING SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027 (IN $ MILLION)
TABLE 15: ASIA-PACIFIC BUG TRACKING SOFTWARE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 16: ASIA-PACIFIC BUG TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)
TABLE 17: ASIA-PACIFIC BUG TRACKING SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
TABLE 18: ASIA-PACIFIC BUG TRACKING SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027 (IN $ MILLION)
TABLE 19: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 20: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)
TABLE 21: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
TABLE 22: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027 (IN $ MILLION)
TABLE 23: MIDDLE EAST AND AFRICA BUG TRACKING SOFTWARE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 24: MIDDLE EAST AND AFRICA BUG TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)
TABLE 25: MIDDLE EAST AND AFRICA BUG TRACKING SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
TABLE 26: MIDDLE EAST AND AFRICA BUG TRACKING SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027 (IN $ MILLION)
FIGURE 1: GLOBAL BUG TRACKING SOFTWARE MARKET, BY INDUSTRIAL VERTICALS, 2018 & 2027 (IN %)
FIGURE 2: GLOBAL SMALL ENTERPRISES MARKET, 2019-2027 (IN $ MILLION)
FIGURE 3: GLOBAL CLOUD DEPLOYMENT MODEL MARKET, 2019-2027 (IN $ MILLION)
FIGURE 4: GLOBAL RETAIL MARKET, 2019-2027 (IN $ MILLION)
FIGURE 5: PORTER’S FIVE FORCE ANALYSIS
FIGURE 6: MARKET ATTRACTIVENESS INDEX
FIGURE 7: GLOBAL BUG TRACKING SOFTWARE MARKET, BY SMALL ENTERPRISES, 2019-2027 (IN $ MILLION)
FIGURE 8: GLOBAL BUG TRACKING SOFTWARE MARKET, BY MEDIUM-SIZED ENTERPRISES, 2019-2027 (IN $ MILLION)
FIGURE 9: GLOBAL BUG TRACKING SOFTWARE MARKET, BY LARGE ENTERPRISES, 2019-2027 (IN $ MILLION)
FIGURE 10: GLOBAL BUG TRACKING SOFTWARE MARKET, BY ON-PREMISE DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
FIGURE 11: GLOBAL BUG TRACKING SOFTWARE MARKET, BY CLOUD DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
FIGURE 12: GLOBAL BUG TRACKING SOFTWARE MARKET, BY BFSI, 2019-2027 (IN $ MILLION)
FIGURE 13: GLOBAL BUG TRACKING SOFTWARE MARKET, BY TELECOMMUNICATION, 2019-2027 (IN $ MILLION)
FIGURE 14: GLOBAL BUG TRACKING SOFTWARE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)
FIGURE 15: GLOBAL BUG TRACKING SOFTWARE MARKET, BY INFORMATION TECHNOLOGY, 2019-2027 (IN $ MILLION)
FIGURE 16: GLOBAL BUG TRACKING SOFTWARE MARKET, BY RETAIL SECTOR, 2019-2027 (IN $ MILLION)
FIGURE 17: GLOBAL BUG TRACKING SOFTWARE MARKET, BY OTHER INDUSTRY VERTICALS, 2019-2027 (IN $ MILLION)
FIGURE 18: GLOBAL BUG TRACKING SOFTWARE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 19: UNITED STATES BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: CANADA BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21: UNITED KINGDOM BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 22: GERMANY BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: FRANCE BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24: SPAIN BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25: ITALY BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 26: RUSSIA BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 27: REST OF EUROPE BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 28: CHINA BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 29: JAPAN BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 30: INDIA BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 31: SOUTH KOREA BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 32: ASEAN COUNTRIES BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 33: AUSTRALIA & NEW ZEALAND BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 34: REST OF ASIA-PACIFIC BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 35: BRAZIL BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 36: MEXICO BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 37: REST OF LATIN AMERICA BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 38: THE UNITED ARAB EMIRATES BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 39: TURKEY BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 40: SAUDI ARABIA BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 41: SOUTH AFRICA BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 42: REST OF MIDDLE EAST & AFRICA BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)