About The Report
"Risk & Reward" investigates the burgeoning AI Assurance Technology (AIAT) market, a sector poised to redefine how enterprises, investors, and legislators navigate the complexities of AI adoption and its attendant risks. This report aims to unpack the intricacies of this nascent market, exploring the evolving landscape of risk management in the age of AI, the pressing need for innovative compliance-enabling solutions, and the market opportunities that await proactive stakeholders. Organised into five sections, preceded by an executive summary, the report navigates through The Age of AI, Risk Management in the Age of AI, The AI Assurance Technology Landscape, AI Assurance, and culminates with concluding messages in Navigating Risks & Rewards.
Purpose and Motivation
With AI's promise comes an array of new challenges and uncertainties. "Risk & Reward" is conceived out of a necessity to understand and articulate what a future permeated by AI might look like, identifying the contemporary risk management and compliance requirements this future demands. It seeks to answer critical questions about the shape of risk management in an AI-driven world, the categories of products and services that can aid in compliance, risk management, and governance for AI-centric organisations, and to forecast the potential scale of the AIAT market by the year 2030. Through this exploration, the report intends to equip stakeholders with the insights needed to navigate the AIAT landscape effectively.
Audience
"Risk & Reward" is written for startup investors (e.g., VCs, angels, strategics, CVCs), their LPs, mission-driven entrepreneurs, and policymakers focused on economic resilience amid on-going AI adoption. The report delivers insights to inform investment decisions, guide entrepreneurial endeavours, and support the development of market-making policies.
Methodology
Drawing on expert interviews, secondary research, web scanning, and tailor-made quantitative market sizing, this comprehensive report distills insights pivotal for stakeholders aiming to minimise AI-related risks while capitalising on AI-related rewards. Research was primarily conducted from the period of November 2023 through to March 2024. Refer to the Appendix for more details on our methodologies.
⚠️ Disclaimer
"Risk & Reward", the 2024 AI Assurance Technology Market Report, has been independently developed. The views, analyses, recommendations, and policy actions expressed within this Report are solely those of the report authors and do not necessarily reflect the opinions or endorsements of any organisations featured or referenced throughout this document. The AIAT report team provides this Report "as is," without warranty of any kind. We accept no liability for any actions taken based on its content. The Report is for informational purposes only and should not be the sole basis for decision-making. Finally, this report is intended to remain freely accessible; any sale or unauthorised paywall of this Report should be reported to info@aiat.report.