Artprice Report – 20 Years of Contemporary Art Auction History, 2000-2020
Artprice presents an exclusive report which traces the evolution of the contemporary art market over 20 years. It reflects a multitude of sociological, geopolitical and historical factors, all of which contributed to the rapid rise of contemporary art in the global art market.
A marginal segment until the end of the 1990s, contemporary art now accounts for 15% of global fine art auction turnover and is now its primary growth driver, having increased +2,100% over 20 years. It also includes a list of 1000 contemporary artists ranked by auction revenue.
The analysis is based on results from Fine Art public auctions during the period from 1 January 2000 to 30 June 2020. The report covers paintings, sculptures, drawings, photographs, prints, videos and installations by contemporary artists (defined as artists born after 1945).
For the full report, see https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2020/20-years-of-contemporary-art-auction-history