Art Markets
Art markets refer to the platforms and environments where artworks are bought, sold, and traded. These markets can include galleries, auction houses, and online platforms, where various forms of art, such as paintings, sculptures, and photographs, are available for collectors and investors. The value of art in these markets is often influenced by factors like the artist's reputation, the artwork's provenance, and current trends in the art world.
In addition to traditional venues, art markets have expanded with the rise of digital technology. Online auctions and marketplaces allow a broader audience to access and purchase art, making it easier for emerging artists to gain visibility. The growth of NFTs (non-fungible tokens) has also introduced new dynamics, enabling digital art to be bought and sold in unique ways.