The Prosperity Report - Vol 2

Page 172

INSIGHT Artsy Gallery Insights 2021 Artsy

BESPOKE LUXURY MAGAZINE

Between 2019 and 2020, the number of small galleries increased by 90%, while the number of medium galleries decreased by 29%.

Change in Gallery Size 2019-2020

SMALL GALLERIES (1 Employee)

2019

22%

2020

42%

MEDIUM GALLERIES (2-4 Employees)

2019

2020

62%

44%

* Data curated by Artsy’s Gallery Insights 2021 Report.

Between a growing global collector base, increased accessibility, and brand-new investment platforms, the art world is abundant with opportunity. Over the

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next decade, a new generation of gallerists, sellers, artists, and collectors will take reign, fundamentally transforming the industry for good.


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