The fine art industry is undergoing some major changes, which could be good news for small or independent art sellers. One of the major changes in the industry is the increase in online art sales.
According to the Hiscox Online Art Trade Report 2015, the value of the online art market has increased from $1.57 billion in 2013 to an estimated $2.64 billion in 2014. That drastic increase means that the online art market accounts for 4.8 percent of the total value of the global art market, which is valued at an estimated $55.2 billion.
ONLINE ART SALES DOUBLE FOR SMALL RETAILERS
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