NEW YORK, May 22, 2020 /PRNewswire/ --
The US bug tracking software market is estimated to project a CAGR
of xx% during the forecast period, 2019-2023. The country has the
presence of indigenous vendors, and witnesses high adoption of bug
tracking software in banking, professional services, process
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The IT industry of the country is considered as a growth
powerhouse, and have had significant gains.It is an important
contributor to the digital economy of the country.
The growing IT sector is set to boost the bug tracking software
market.However, in recent times, the COVID-19 pandemic has wreaked
havoc in the US.
The country has the highest number of affected people.Such
conditions have slowed down the functioning of several
The software industry is being spared of the brunt in comparison to
other sectors, which is accredited to the utilization of certain
software solutions. There is a rising demand for collaboration
tools for supplementing the work from home initiative. A bug
tracking software is an intrinsic tool that aids in managing,
reporting, and capturing data with bugs. It also comes in handy for
tracking issues, managing backlogs & workflow, and detecting
defects. There is already a large presence of software development
companies in North America that
use bug tracking systems. Now, with the Coronavirus scenario and
the subsequent restrictions, there will be increasing demand for
such solutions and tools, given the implementation of several
initiatives, like working from home.
Some of the vendors in the market include, Axosoft Llc, Zoho
Corporation Pvt Ltd, Inflectra Corporation, Airbrake Llc, Bugsnag
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offered, SCOT analysis, and recent strategic developments
1. AIRBRAKE LLC
2. AXOSOFT LLC
3. BUGSNAG INC
4. INFLECTRA CORPORATION
5. ZOHO CORPORATION PVT LTD
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