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WiseGuyReports.Com Publish a New Market Research Report On –“ Bug Tracking Software Market By Services,Assets Type,Solutions,End-Users,Applications,Regions Forecasts to 2023”.
Bug Tracking Software Market 2019
With the fourth industrial revolution at the cusp of the beginning, the software will be playing an integral part than before. From powering the tiny micro-controllers to the high-end quantum computers, the role of software has moved from designing compilers to building some of the sophisticated systems of our time. However, as solutions continue to pile up, so does the bugs. This, in turn, has led to the development of advanced bug tracking software that has become a part of every software engineering team.
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The global bug tracking software industry hit a significant high in the year 2018. The industry is expected to proliferate further and will grow exponentially in the next few years. The industry is characterized by some of the leading factors which play an essential part in the life cycle of the software. From the easy availability of software to maintain track of discovered bugs, there are a ton of things that play a crucial role in the growth of the industry. On the other hand, the rapid expansion of remote teams has helped the industry grow by leap and bound in recent years.
The bug tracking software is used by software development teams extensively. The software consolidates all the existing bugs at a single point and helps the managers to assign the right candidates to the existing bug. This ensures that the right candidate is assigned the right job, and there is no wastage of time and effort. On the other hand, the piece of software enables better productivity and helps teams define crystal clear solutions. However, the software finds its application in larger groups only. Smaller firms or freelancers use the software rarely.
The bug tracking software can be divided based on several factors, with each element playing a crucial role in the growth of the industry. Segmentations allows one to have a view on the industry from multiple angles and hence have an unbiased opinion on the industry. However, the industry can be segmented into two major categories, namely, the type and the end-users. Based on type, the industry is segmented into cloud and on-premise solutions. While on the other hand, the sector counts banking & financial services, media, and Information Technology as its end-users industry.
The bug tracking software finds its application in every major continent and hence has a global presence. However, North America and Europe lead the race, followed by the Asia Pacific region. The increase in software testing jobs in North America and Europe has been the driving force for the growth of the industry. On the other hand, nations like India and China count themselves as one of the major IT hubs all across the globe. This has helped the industry flourish in both of the regions.
In a recent event, Sentry has raised $40 million led by Accel for its error tracking software. The latest round was a Series C round and totaled a figure of $66.5 million raised by the company. This has led the company valued to a staggering $100 million. The company serves more than 50,000 companies as of now.
Complete Report Details @ https://www.wiseguyreports.com/reports/3471009-global-bug-tracking-software-market-2018-by-manufacturers
Table of Contents – Major Key Points
1 Bug Tracking Software Market Overview
2 Manufacturers Profiles
3 Global Bug Tracking Software Market Competition, by Players
4 Global Bug Tracking Software Market Size by Regions
5 North America Bug Tracking Software Revenue by Countries
6 Europe Bug Tracking Software Revenue by Countries
7 Asia-Pacific Bug Tracking Software Revenue by Countries
8 South America Bug Tracking Software Revenue by Countries
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