B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
$12,400,000,000
$12,400,000,000 -- online art sales for global online art market (2020)
Aggregate global online sales of art reached $12.4 billion in 2020.
Attribution:
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Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
$12,400,000,000
Unit
Currency Usd
Data Vintage
2020
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Art Basel & UBS
Primary
Tier B
https://orbitvu.com/blog/how-photograph-artwork-case-study ↗
Source Article
How to photograph artwork – a case study
Artwork photography is art in itself! Artists spend hours if not months to produce beautiful work for the world to enjoy! Whether they paint or draw, use watercolors or acrylics –every artist then has the dilemma of how to share their masterpiece with the world so it can be sold.
According to the Ar…
Original Research
Art Basel & UBS
· Original study ↗
Methodology
Cited from Art Market Report 2021; online sales doubled in volume from 2019
Methodology documented
Trend Over Time
| Period | Value | Change |
|---|---|---|
| 2018 | $4,640,000,000 | |
| 2019 | $6,300,000,000 | +35.8% |
| 2020 (current) | $12,400,000,000 | +96.8% |
Segmentation
Industrymarketing
Cite this stat
Plain Text
global online art market: $12,400,000,000 online art sales. Source: Art Basel & UBS (2020). Via Lighthouse Intelligence -- https://lighthousedata.io/data/online-art-sales-2020
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<blockquote cite="https://lighthousedata.io/data/online-art-sales-2020" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$12,400,000,000</strong> -- online art sales for global online art market<br><small>Source: Art Basel & UBS (2020) · <a href="https://lighthousedata.io/data/online-art-sales-2020" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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