A bug in computer technology is an error or fault in a computer program. It leads to unexpected and incorrect results in the outcome of the program. Bug tracking is the process of capturing, reporting, and managing data regarding bugs in a program or software. The software that is used for bug tracking is called a bug tracking software. It is mainly used by software testers and developers. One of the major factors that drive the global market growth of bug tracking software is the increased spending in software testing processes. Bug tracking software is an integral part of the software testing process. Hence, increased activities in the testing market will also stimulate growth in the global bug tracking software market.
This market research analysis identifies the advantages associated with the use of bug tracking software as one of the key factors in the global bug tracking software market. Efficient tracking of bug allows the companies to maintain a record of the bugs that frequently arise and further makes it easier to resolve the recurring issue. Moreover, these records also help the software developers to focus only on the critical issues and can reduce the intensity of the bug, before it turns into a malicious threat. Since most of the bug tracking software are open source, the software can be seamlessly installed and upgraded. These advantages associated with the software will further propel the growth of the market.

Market Analysis and Insights: Global Bug Tracking Software Market
The global Bug Tracking Software market size is projected to reach US$ 430.6 million by 2027, from US$ 205.5 million in 2020, at a CAGR of 11.0% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Bug Tracking Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Bug Tracking Software market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Bug Tracking Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Bug Tracking Software market.

Global Bug Tracking Software Scope and Market Size
Bug Tracking Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bug Tracking Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Cloud
On-Premise

Segment by Application
Banking, Financial Services, and Insurance
Telecommunication
Media
Information Technology
Retail
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Atlassian
IBM
JetBrains
Zoho Corporation
Airbrake
Axosoft
Bontq
Bugsnag
bugzilla.org contributors
Countersoft
DoneDone
Fog Creek Software
Inflectra Corporation
MantisBT Team
OverOps
Raygun
Rollbar
Sentry
Sifter