The global art market achieved total sales of $63,7 billion in 2017 and ranked the third place in the world. Compared with other industries, the art market is famously difficult to quantify. The majority of sales are conducted privately, and discretion has traditionally been one of its underpinnings. But as the market grows larger and more globalized, it becomes ever-more important for everyone involved to get comprehensive information for the art market investment strategies development.
We provide an overview of the global market trends, art market infrastructure, looking at the value, volume and regional distribution of sales of art and the performance of some of the major national and regional art markets.
The main purpose of this research is to develop Art Market Investment Strategies Intelligence (AMISI) for the financial and economic security of art market investment strategies evaluation.
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