From www.icaew.com: (UK context) The UK artificial intelligence assurance market is rapidly expanding, with approximately 524 firms currently providing AI assurance services, generating over £1 billion in revenue, and projected to exceed £6.53 billion by 2035.

The implementation of the EU AI Act in early 2025 will significantly influence the market, requiring companies to ensure transparency and adherence to safety procedures in their AI systems.

Education and training for AI assurance professionals will be crucial to meet emerging regulatory standards and define the industry’s future.