Artprice by Artmarket Releases 31st Contemporary Art Market Report
Artprice by Artmarket.com has released its 31st Annual Report on the Contemporary Art Market, announced in a press release. The report provides a detailed analysis of the current state of the contemporary and ultra-contemporary art markets, revealing a record number of transactions and a paradigm shift driven by artificial intelligence and the rise of female artists.
The report, published ahead of major art events like Frieze London and Art Basel Paris, offers insights into the contraction of the global art market while highlighting positive trends. These include the emergence of new art scenes and the significant role of AI in transforming market dynamics.
Artprice by Artmarket has also enhanced its global news dissemination capabilities by launching Artprice News, a 24/7 news service available in 122 countries and 11 languages. This expansion allows the company to enrich its annual reports with data from its proprietary AI, Intuitive ArtMarket, and its collaboration with Perplexity AI.
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