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Netskope Named a Leader in IDC Marketscape for Cloud Security Gateways 2021

Netskope Named a Leader in IDC Marketscape for Cloud Security Gateways 2021

Netskope, the SASE leader, announced it has been named a Leader in the IDC MarketScape: Worldwide Cloud Security Gateways 2021 Vendor Assessment. The report profiled 10 vendors, and Netskope was recognized as a Leader in cloud security gateways (CSG), which are also known in the market as cloud access security brokers (CASB).

Cloud security risks continue to grow, a trend further accelerated by the pandemic-driven shift to remote work. According to Netskope Threat Labs research, more than 97% of cloud applications used by enterprises are “shadow IT”—unmanaged by, and often invisible to, IT departments. In addition, cloud-delivered malware has reached an all-time high in 2021, now accounting for nearly 70% of malware delivery overall.PREDICTIONS SERIES 2022

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As a fundamental cloud security service, CASB is critical to SASE architecture and Security Service Edge (SSE) services that will dominate modern enterprise security and networking in the years to come. Netskope’s approach to CSG (CASB) has been consistently recognized by customers and top technology analysts throughout the world.

“More organizations than ever are adopting cloud-delivered CASB, SWG, ZTNA, and firewall-as-a-service capabilities from the same vendor. This trend validates the vision Netskope has had since day one for a unified cloud security platform, even before that was called SASE or using other terms,” said John Martin, Chief Product Officer of Netskope. “We are proud of this recognition from the IDC MarketScape. We will continue to aggressively expand both our platform and go-to-market to meet the strong demand for SSE and SASE.”

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For more on today’s announcement and the critical importance of CASB to SASE architecture and SSE, read the Netskope blog.

With more than 1,500 customers, Netskope serves some of the world’s largest and most technically demanding organizations with CASB, Firewall-as-a-Service, SWG, and ZTNA built natively into a single platform. Among many 2021 highlights, Netskope recently attracted $300 million in new investment, achieving a post-money valuation of $7.5 billion on top of rapid growth in what leading analysts estimate to be a $30 billion total addressable market by 2024.

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[To share your insights with us, please write to sghosh@martechseries.com]

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