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Artprice Unveils 2025 Contemporary Art Market Report
Artprice by Artmarket has released its 31st Contemporary Art Market Annual Report ahead of major events like Frieze London and Art Basel Paris. The report analyzes a changing art market characterized by a record number of auction transactions but also a significant contraction in global turnover. Key elements identified in the report include a rise in female artists, the influence of AI, and the growing importance of affordable works fueled by online sales.
The report highlights structural shifts with young digital-savvy buyers entering the market. Affordable artworks, especially those priced below $5,000, have gained traction, spurred by cryptocurrency acceptance and digital platforms. These changes have broadened access to art, attracting a younger clientele.
According to Artprice CEO Thierry Ehrmann, new paradigms such as AI are reshaping the market. The report suggests that the evolution of digital art and online platforms will continue to expand acquisition possibilities, further diversifying the global art market landscape.
R. P.
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