20 years of Contemporary Art auction history

thierry Ehrmann, CEO and founder of Artprice by Artmarket.com
Artprice is proud to present this exclusive report which traces the evolution of the Contemporary Art Market over 20 years.
The Contemporary Art rush
At the start of the 21st century, the global art world changed substantially as large numbers of new millionaire buyers joined the Market and China decided to develop its own market.
The market's pillars
Over 30,000 artists sell publicly, but the market essentially turns on the top 100.
Paintings account for 65% of the global Contemporary Art Market
Paintings account for 65% of the global Contemporary Art Market.
A new landscape
The arrival of new artists is linked to the market’s geographic expansion.
"No Man's Land"
Another step towards gender parity.
Black (also) matters (in art)
Repairing the omissions of history by giving a real place to artists from Africa and the African diaspora: this is one of the major trends of our time.
In search of novelty
At the beginning of the 21st century, the relative popularity of different artists seems supremely volatile in a sector always eager for novelty.
Multiple choice...
Contemporary Artists have reached millions of people by offering their works in 2-D, 3-D or even virtual editions. Somewhat paradoxically, this new ‘commercialism’ has played an essential…
Digital agility
In the overall scheme of digital things, the Art Market is lagging behind. With the coronavirus crisis it was forced to stop… very probably to better accelerate.
TOP 1,000 contemporary artists at auction (2000-2019)
Contemporary artists at auction (2000-2019).