According to a report by Deloitte and ArtTactic published last year, the art world is seeing a shift towards the internet with more than 300 online ventures launched in recent years covering everything from data to social communities and auctions to B2B art transaction platforms.
Buying art online is another growing trend. In a research released by Hiscox group April 2019, the report listed that 71% of art collectors surveyed buying artwork without seeing it in-person and basing their purchase decision on a digital image. So it’s no surprise that online art marketplaces are currently a popular space for purchasing art and are becoming more crowded.