What's the global art market size and is it growing?

The global art market is huge—about $61 billion annually right now, with the biggest markets in the United States and North America. The good news is it’s growing rapidly and is set to almost triple over the next 10 years. It’s easier than ever for people to buy art and for artists to sell it. People are also seeking authenticity, especially in a world of AI, so there’s tremendous value in real, human-created art. It’s a great time to be an artist.

---

Asked by general teaching to all attendees · Answered by Matthew · Art Business Webinar · 2026-07-31