Thousands of enterprise organizations worldwide trust Netskope to be their strategic SASE provider
SANTA CLARA, Calif. – July 9, 2024 – Netskope, a leader in Secure Access Service Edge (SASE), today announced that Gartner, Inc., has recognized the company as a Leader in the 2024 Magic Quadrant for Single-Vendor SASE. Fresh off of Netskope being named a Leader for the third consecutive year in the Magic Quadrant for Security Service Edge (SSE), this latest market recognition arrives during a period of unprecedented growth for the company, which has surpassed $500 million in annual recurring revenue—outpacing the annual growth of the SASE market—and today is trusted by thousands of customers and tens of millions of users worldwide.
SASE architecture is proving its necessity, especially as work-from-anywhere models create employee expectations of secure, easy, performant access to the SaaS, cloud, web, and private applications needed to run a productive business. At the same time, an associated surge in security threats and performance challenges, as well as new data security risks presented by the adoption of generative AI applications, have stressed legacy technology architectures to the point of ineffectiveness—unable to keep up with the demands of a cloud-first, AI-ready workforce.
As a result, organizations are increasingly choosing SASE architecture as a simple and scalable way to stop threats, prevent unauthorized access to apps and data, and guarantee network performance. According to Gartner, the SASE market will expand at a compound annual growth rate (CAGR) of 29%, reaching over $25 billion by 2027[1]. Related to SASE