Global Online Art
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Online Art market size was $14.38 Billion in 2022 and it is forecasted to reach $23.79 Billion by 2030. Online Art Industry's Compound Annual Growth Rate will be 6.5% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Online Art market size was $14.38 Billion in 2022 and it is forecasted to reach $23.79 Billion by 2030. Online Art Industry's Compound Annual Growth Rate will be 6.5% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Online Art Market Sales Revenue 2022 | $ 14.38 Billion |
Global Online Art Market Sales Revenue 2030 | $ 23.79 Billion |
Global Online Art Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.5% |
Market Split by Type |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Online Art industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Online Art Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Online art deals with art that buyers and sellers trade via the internet in works of art, antiques, digital artworks, and collectibles that are commonly associated with the arts and culture sector. Online art form circumvents the traditional dominance of the physical gallery and museum system. Artists working in this sector are sometimes referred to as net artists.
Rising disposable income in developing as well as developed countries drives the demand of smart devices such as tablets, smartphones, etc. The increasing adoption of smart devices and internet penetration has had a significant impact on many industries, including the art market. People can have access to different forms of art from various regions drives the online art market. With more people shopping online, the art market has seen an increase in sales through online channels. This has led to the growth of online art marketplaces and platforms, which have become an increasingly important sales channel for artists and galleries.
Online art marketplaces and platforms have made it easier for artists to reach a wider audience, beyond their local or regional markets. This has also made it easier for collectors to discover and purchase art from artists around the world. Due to internet accessibility, it is convenient and easy to access different art and make online payments. Access to a wider audience can lead to increased sales and revenue, as artists are able to reach more potential buyers than ever before.
Shipping and handling challenges of different art forms such as paintings, drawings and sculptures can hamper the growth of the online art market. For instance, many artworks are fragile and/or large, making them difficult to ship and handle. This increases the shipping cost due to the need of better packaging. Shipping artworks across international borders can be particularly challenging, as there are often strict regulations and customs requirements that must be followed.
Due to the rising disposable income and exposure to art sector, there has been a growing awareness and appreciation for online art in emerging regions in recent years. The increasing availability and accessibility of technology, which has allowed artists from these regions to showcase their work to a global audience. Growing literacy rate of people in developing countries and increased recognition of the value of cultural diversity. It influences the interest in discovering new and unique artwork from different regions of the world, which provides an opportunity to online art market.
The COVID-19 pandemic has had a significant impact on the overall art market and online art sector is one of the most affected due to the lockdown and closing of borders. The market for online art has dropped enormously in COVID-19 pandemic. The lockdown situation, focused on healthcare industry and economic uncertainty are the other factors responsible for the dropped of online art market. In addition, pandemic has accelerated the trend towards online shopping, and this has also impacted the art market. Many art lovers are comfortable buying art online.
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November 3, 2022
Arts at CERN and Pro Helvetia launch an open call for Connect India.
Arts at CERN and the Swiss Arts Council Pro Helvetia has announced a new open call for the Connect program – “Connect India”. This second edition offers one joint residency for two artists, one from Switzerland and one from India. The residency is fully funded, and it is aimed at artists with a distinct interest in a cross-disciplinary approach and a strong engagement with fundamental science.
Top Companies Market Share in Online Art Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
High domestic demand of art is the U.S. expected to drive the online art market in North America. Increasing access to information and growing online sales and actions drives the growth of the North America online art market.
The current report Scope analyzes Online Art Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Online Art Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Online Art Industry growth. Online Art market has been segmented with the help of its Type, End User , and others. Online Art market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type segment, the online art market is categorized into paintings, drawings and sculptures, and others. Painting is one of the most popular art forms for centuries due to its versatility and historical significance. In addition, paintings have traditionally been seen as valuable and highly prized works of art.
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On the basis of the end-customer segment, the online art market is categorized into foreign customers and domestic customers. Foreign customers segment has acquired the major share of the total online art market.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Online Art Market is witnessing significant growth in the near future.
In 2023, the Paintings segment accounted for noticeable share of global Online Art Market and is projected to experience significant growth in the near future.
The Foreign customers segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies FineArtAmerica.com, Saatchi Art and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Online art refers to the trade of works of art, antiques, digital artworks, and collectibles that are frequently related to the arts and culture. The conventional dominance of the physical gallery and museum system is avoided by online art. Artists working in this sector are sometimes referred to as net artists.
Disclaimer:
Type | Paintings, Drawings and Sculptures, Others |
End User | Foreign customers, Domestic customers |
List of Competitors | FineArtAmerica.com, Artspace LLC, Saatchi Art, Artfinder, Artsy, The Artling, Atticart Ltd, KAZoART, Rhythm Art, Eikowa, Archer Art, Others |
This chapter will help you gain GLOBAL Market Analysis of Online Art. Further deep in this chapter, you will be able to review Global Online Art Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Online Art market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Paintings have a significant impact on Online Art market? |
What are the key factors affecting the Paintings and Drawings and Sculptures of Online Art Market? |
What is the CAGR/Growth Rate of Foreign customers during the forecast period? |
By type, which segment accounted for largest share of the global Online Art Market? |
Which region is expected to dominate the global Online Art Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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