Netskope, a prominent provider in Secure Access Service Edge (SASE), has been acknowledged as a Leader in Gartner, Inc.’s 2024 Magic Quadrant for Single-Vendor SASE. This recognition follows Netskope’s ongoing leadership in the Security Service Edge (SSE) market, reaffirming its status as a market leader for the third consecutive year. Amid substantial growth, Netskope has surpassed $500 million in annual recurring revenue and serves thousands of customers worldwide, securing tens of millions of users.
The rise of SASE architecture has become crucial as remote work models increase demands for secure, efficient access to SaaS, cloud, web, and private applications. Legacy technologies struggle to keep up with evolving cloud-first and AI-driven environments, driving organizations to adopt SASE for its simplicity, scalability, and ability to enhance security and network performance.
According to Gartner, the SASE market is projected to grow at a compound annual growth rate (CAGR) of 29%, exceeding $25 billion by 2027. The report also predicts a significant increase in single-vendor SASE adoption, with 65% of new SD-WAN purchases expected to integrate within SASE offerings by 2027, up from 20% in 2024.
Netskope’s comprehensive SASE, SSE, and zero trust solutions empower organizations of varying sizes to address critical security and performance challenges across diverse technology environments. The Netskope One platform combines SSE, SD-WAN, and Netskope NewEdge infrastructure, offering unmatched capabilities through a unified engine, client, gateway, and network.
Sanjay Beri, CEO and Co-Founder of Netskope, commented, “Netskope is dedicated to delivering advanced SASE solutions tailored to diverse customer needs, from midmarket enterprises to large corporations requiring robust SASE capabilities. We are honored by Gartner’s recognition and grateful for the trust of our partners and customers.”
For those interested in the full 2024 Gartner Magic Quadrant for Single-Vendor SASE report, it is available for complimentary download here. Netskope continues to receive accolades, having also been named a Leader in Gartner Magic Quadrant for SSE and receiving top marks in The Forrester Wave™: Security Service Edge Platforms, Q1 2024 report and IDC MarketScape reports.
For more information on Netskope and its solutions for addressing SASE and zero trust challenges, visit here.
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