The article cited AMA's Global Bug Tracking Software Market Study explored substantial growth with CAGR of 13.3%. According the report, Growing Automation in Software Development is one of the primary growth factors for the market. Growing Demand for Error-Free Software Development in Lesser Time to Cater to the Client's Requirements of Software Developers is also expected to contribute significantly to the Bug Tracking Software market. Overall, Backlog Management applications of Bug Tracking Software, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Airbrake (United States), Atlassian (Australia), Axosoft, LLC (United States), Bugsnag Inc. (United States), Countersoft (United States), Fog Creek Software (United States), Inflectra Corporation (United States), International Business Machines Corporation (United States), JetBrains s.r.o. (Czech Republic), Nulab (Japan), SmartBear Software (Australia) and Bugcrowd (United States) may see astonishing sales in this Market and certainly improve revenue growth.

The Enterprise Size, such as Small & Medium Enterprises, is boosting the Bug Tracking Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Platform, such as Desktop {Windows, iOS}, is boosting the Bug Tracking Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Industry Verticals, such as BFSI, is boosting the Bug Tracking Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Deployment, such as On-Premise, is boosting the Bug Tracking Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Bug Tracking Software market identified that the demand is rising in many different parts of the world as "Rising Mobile Platform Penetration Across the World for Software Development will Create Huge Opportunities". Furthermore, some recent industry insights like "In April 2020, -SmartBear, a leading provider of software development and quality tools, announced it has entered into a definitive agreement to acquire application stability management pioneer, Bugsnag. Bugsnag’s best-in-class, full-stack stability and error monitoring technology is leveraged by industry leaders like Airbnb, Slack, Lyft, and more than 6,000 organizations that prioritize application stability and health in order to continuously deliver high-quality software." is constantly making the industry dynamic. One of the challenges that industry facing is "Challenges in Submitting Issue Requests in Bug Tracking Software"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Bug Tracking Software market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Bug Tracking Software market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Bug Tracking Software market tight?
• Which application/end-user category or Product Type [] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Bug Tracking Software market and other related sub-markets covered in the study.

o Key & emerging players in the Bug Tracking Software market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Bug Tracking Software market size is calculated using market estimation process, the Bug Tracking Software market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Bug Tracking Software market size has been validated using both top-down and bottom-up approaches.