How Big Is The Art Market I Lecture with Magnus Resch I MagnusClass

This lectures teaches some statistics about the art market: There are 20’000 galleries in the world, 1’400 auction houses and 40’000 museums. Every year, 40 Million artworks get sold. The total revenue of the art world is around $60bn. In this online class, art market professor Magnus Resch explains the size of the art market and its key players. He also explains where art is sold (geographical distribution) and what type of art is sold. You will get a good understanding of the art market’s size and statistics.
Watch over 50 classes and learn more about how to become successful as an artist:
www.magnusclass.com
In this online class, you’ll learn about:
• Size of the art market
• Geographical distribution of art sales
• Revenue split between auctions and galleries
• Size of the contemporary art market
More about MagnusClass: Why do some artists flourish, while others struggle? Management Professor, art market entrepreneur and best-selling book author Magnus Resch reveals in over 50 video sessions the key to success as an artist. He will show you how to have a career in the field you love, and answer questions such as: how can I make a successful living from my artwork? How do I find gallery representation? How do I find collectors, and how should I approach them? How should I price my artwork? And what’s the best Instagram strategy? Visit www.magnusclass.com