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Artmarket.com Unveils 30th Artprice Report: A Year of Growth and Digital Transformation

Story Highlights
  • Artmarket.com reports significant growth in art sales despite a revenue decline.
  • The art market sees a shift towards digital platforms and increased online auction activity.
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Artmarket.com Unveils 30th Artprice Report: A Year of Growth and Digital Transformation

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Artmarket.com SA ( (FR:PRC) ) has issued an update.

Artmarket.com has released its 30th Annual Artprice Report, highlighting significant growth in art sales despite a decline in overall revenue due to fewer high-value auctions. The report underscores the increasing liquidity of the art market, driven by a surge in online auction announcements and live sales. The United States remains the leader in the global art market, while the European Union and China are tied for second place. France has achieved notable milestones, becoming the second-largest market in terms of transactions and leading in Europe for revenue. The report also emphasizes the growing prominence of female artists and the shift towards digital platforms in the art market.

More about Artmarket.com SA

Artmarket.com, through its Artprice brand, is a leading provider of art market information, offering comprehensive reports and data on global art sales. The company collaborates with the Artron group to provide insights into the art market’s structural evolution and trends, focusing on fine art, NFTs, and AI art sales.

YTD Price Performance: -7.84%

Average Trading Volume: 106

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €24.68M

For detailed information about PRC stock, go to TipRanks’ Stock Analysis page.

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