Market By Organization, Deployment Model, Industry Vertical And Geography | Forecast 2019-2027
According to an analysis by Triton Market Research on the bug tracking software market in Latin America, the industry is set to grow at a CAGR of 11.37%, in the forecasting period 2019-2027.
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The countries reviewed in the Latin American bug tracking software market are:
• Brazil
• Mexico
• Rest of Latin America
As the countries in Latin America are still underdeveloped or in their developing state, internet penetration is very low. Although the region is lagging in the adoption of bug tracking software, there is a substantial untapped potential for the market growth in Latin America.
The ICT sector is comparatively well-developed in Brazil. While the deployment of broadband internet coverage was challenging in the country, post the economic crisis during 2013-2018, the adoption rate of mobile technology has continued to show an upward trend. To accelerate the development of the ICT sector, the government in Brazil has adopted strategies, which include the National Internet of Things Plan and the National Plan on Digital Transformation.
Besides, an increase in the
research and development activities expenditure is witnessed in Brazil.
Moreover, the country made R&D tax incentives available to the businesses
involved in these activities. With the General Law of Protection of Personal
Data coming into effect by August 2020, significant investments are expected in
the field of artificial intelligence and machine learning for security. Many of
the Brazilian firms already have AI technology in their priority initiatives. The development of AI technology indicates increased use of bug tracking software, thereby proliferating the market growth.
Zoho Corporation Pvt Ltd is a company that deals with information technology and web-based business tools, that includes the Internet of things (IoT) management platform, a suite of IT management software and an office tools suite. The company launched a bug tracking software product, ‘Bug Tracker,’ that helps in tracking the life cycle of defects from start to end and provides an interactive platform for collaboration. The company has more than 34 million users across the world.
Market by Security Testing Typ ..
VIEW REPORT1. LATIN AMERICA 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 – LATIN AMERICA
6.1. BRAZIL
6.2. MEXICO
6.3. REST OF LATIN AMERICA
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: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)
TABLE 4: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
TABLE 5: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027 (IN $ MILLION)
TABLE 6: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY INDUSTRIAL VERTICALS, 2018 & 2027 (IN %)
FIGURE 2: LATIN AMERICA SMALL ENTERPRISES MARKET, 2019-2027 (IN $ MILLION)
FIGURE 3: LATIN AMERICA CLOUD DEPLOYMENT MODEL MARKET, 2019-2027 (IN $ MILLION)
FIGURE 4: LATIN AMERICA RETAIL MARKET, 2019-2027 (IN $ MILLION)
FIGURE 5: PORTER’S FIVE FORCE ANALYSIS
FIGURE 6: MARKET ATTRACTIVENESS INDEX
FIGURE 7: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY SMALL ENTERPRISES, 2019-2027 (IN $ MILLION)
FIGURE 8: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY MEDIUM-SIZED ENTERPRISES, 2019-2027 (IN $ MILLION)
FIGURE 9: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY LARGE ENTERPRISES, 2019-2027 (IN $ MILLION)
FIGURE 10: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY ON-PREMISE DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
FIGURE 11: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY CLOUD DEPLOYMENT MODEL, 2019-2027 (IN $ MILLION)
FIGURE 12: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY BFSI, 2019-2027 (IN $ MILLION)
FIGURE 13: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY TELECOMMUNICATION, 2019-2027 (IN $ MILLION)
FIGURE 14: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)
FIGURE 15: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY INFORMATION TECHNOLOGY, 2019-2027 (IN $ MILLION)
FIGURE 16: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY RETAIL SECTOR, 2019-2027 (IN $ MILLION)
FIGURE 17: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, BY OTHER INDUSTRY VERTICALS, 2019-2027 (IN $ MILLION)
FIGURE 18: LATIN AMERICA BUG TRACKING SOFTWARE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 19: BRAZIL BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: MEXICO BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21: REST OF LATIN AMERICA BUG TRACKING SOFTWARE MARKET, 2019-2027 (IN $ MILLION)