Contemporary Photography Market Report – November 2009
|Report Type||Market Report|
The Contemporary Photography market reaches new levels of success
ArtTactic’s Art Market Reports profile key sectors of the art ecosystem, providing an overarching survey of the unique characteristics of each specific market. This is the first ArtTactic Art Market Report to focus specifically on the Contemporary Photography market. Over the last 15 years, there has been a major shift in interest and buying of photography. In the early 1990s, the photography market as we know it today, started to emerge, which lent credibility to the price discovery process and valuation of photography, which in turn facilitated the buying and selling of photographs. Since then, the market has not looked back, and with an increase of 285% between 1993 and 2008 – it’s been one of the best performing markets over the last two decades. This report includes auction market analysis, art market confidence analysis and an overview of the photography market infrastructure, focusing on the key players in the market.