Introduction to the Art Market Cap The art market cap represents the total value of all artworks in the global art market, providing a quantitative framework to assess the economic impact of art as an asset class. It serves as a significant indicator for collectors, investors, and artists, reflecting trends and shifts in consumer preferences, […]
Introduction to the Art Market The art market embodies a dynamic intersection of culture, creativity, and commerce, significantly influencing both the global economy and cultural landscape. This market comprises various segments, each contributing to its overall value and complexity. Fine art, which traditionally includes paintings, sculptures, and installations from renowned artists, has long been considered […]