First Art Basel and UBS Global Art Market Report
Art Basel and UBS today launched the first Art Basel and UBS Global Art Market Report. Written by renowned cultural economist Dr. Clare McAndrew, Founder of Arts Economics, The Art Market 2017 covers macro-economic trends within the industry, spanning the dealer and auction markets as well as the online sector. A continuation of Dr. Clare McAndrew’s extensive research into this field, the report begins with a discussion of global sales, including the key benchmark statistics on global transaction values, volumes and geographic market shares. It then continues in successive chapters analyzing the dealer and auction segments, online sales, art sectors (by periods), as well as global wealth trends and economic impact metrics. The Art Market 2017, co-published by Art Basel and UBS, places an emphasis on the gallery sector, covering areas such as primary versus secondary sales, profitability, debt, exhibitions and art fairs.
The full report is free to download here.
