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The art market and the Internet

There are clear signs that the art market is entering the online world. In 2019, modern and contemporary art revenues exceeded $70 billion, confirming their position as an excellent source of investment. A particularly interesting finding is the growing demand for both established and emerging artists. Traditional channels, however, are difficult for newcomers and sometimes intimidating; hence the enormous growth of online sales, which, according to some authoritative analysts, with estimated revenues reaching $10 billion by 2023, will significantly increase to become the dominant market. Galleries (aside from a few that have gotten ready) have failed to adapt and are suffering from a likely fatal crisis. Auction houses, on the other hand, have gotten organized and are achieving satisfactory results. Artists of all categories will also have to adapt to the new scenario and rely on certified platforms to promote their works. As often happens, in Italy the delay of galleries and artists is even more accentuated and the risk is that of seeing the disappearance of authoritative protagonists of our art.
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