Online Art Sales in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Online Art Sales Market Research Report | Online Retail | Online Furniture & Home Furnishings | Mar 2015

Work of art: Rising foreign demand and incomes will drive robust revenue gains

IBISWorld’s Online Art Sales market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Christie’s International Christie’s International  market share
Heritage Auctions Inc. Heritage Auctions Inc. market share
Sotheby's Holdings Inc. Sotheby's Holdings Inc. market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Online art sales will continue to grow steadily as consumers increasingly use the internet to bid on art auctions. A low trade-weighted index (the measure of the US dollar against foreign currencies) has boosted demand through an increase in overseas art sales. The market for online art sales will continue to benefit from an affluent and global customer base through the next five years, but the double-digit gains in exports exhibited during the beginning of the 21st century will eventually moderate into more stable growth.... purchase to read more

Industry Report - Industry Products Chapter

Industry firms sell or auction original and limited edition artworks online. Firms generate revenue from the resale of artwork they have acquired from artists, dealers or collectors or from commission they receive from artists (usually the case for auctions). Additionally, some firms charge for access to their site if visitors want to participate in auctions, online art fairs and other exclusive events.


The industry generates most of its revenue from the sale of paintings that fall into a variety of art classifications, including Contemporary Art, Impressionist Art, Russian Art, Asian Art, Modern Art and Old Master Art (European paintings created prior to 1800). The value of these paintings varies depending on date of origin, fame of the artist and quality... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Online Art Sales Industry?

This industry primarily retails or auctions original and limited-edition artwork. Industry players purchase artwork from artists, individual owners and other dealers for resale or auction to consumers with little or no further development of the product. Sales of reproductions are excluded.

Industry Products
PaintingsDrawingsSculpturesPhotographyOther media
Industry Activities
Internet art salesOnline art auctionsOnline art fairsOnline art trade and dealing

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