Overview
The global art market was valued at over $67 billion in 2020, with online sales reaching a record high of $12.4 billion, according to a report by Art Basel and UBS. As the market continues to grow, art investment courses have become increasingly popular, offering a range of programs from introductory classes to advanced certifications. However, with the rise of these courses comes the question of their effectiveness and legitimacy, with some critics arguing that they prioritize profit over artistic value. Despite these concerns, many reputable institutions, such as Sotheby's Institute of Art and Christie's Education, offer courses that provide students with a comprehensive understanding of the art market, from art history and appraisal to marketing and sales. With the art market expected to continue growing, art investment courses will likely play an increasingly important role in shaping the next generation of collectors and investors. As the market evolves, it will be interesting to see how these courses adapt to changing trends and technologies, such as the rise of digital art and online marketplaces.
Key Facts
- Year
- 2022
- Origin
- Global Art Market
- Category
- Art and Collectibles
- Type
- Educational Resource