Read the 2024 Contemporary and Ultra-Contemporary Art Market Report

The Contemporary Art Market in Transition

Global auction turnover is falling despite the increase in transactions.
Artprice takes stock of the different phenomena affecting the art market including the impact of digitalization and the growing agility of auction houses, and it presents a thorough panorama of the market’s leading artists.

Expanding well beyond the market’s stars, with a more affordable and varied offer, the Contemporary art auction market is reinventing itself and showing remarkable resilience. The result is a striking contrast between lower prices and unprecedented buyer enthusiasm.

What are the most robust price segments and which artists have managed to stand out in such a complex context?

The race for new records which characterized the Contemporary Art Market before the COVID-19 crisis has given way to an exceptional intensity of art auction sales

thierry Ehrmann, CEO and founder of Artprice.com by Artmarket

This 18th Annual Contemporary Art Market Report offers you all the keys to understanding the issues, perspectives and ongoing changes, based on an analysis of art auction sales of works by more than 33,000 artists around the world, between July 2023 and June 2024.

Conceived as a reference tool for everyone involved in the art market, our report is available for free in PDF in both French and English, offering a clear and in-depth vision of the constantly evolving art world.