2012-09-18 04:51:26 -
Online Art Sales in the US - Industry Market Research Report - a new market research report on companiesandmarkets.com
Online Art SalesStrokes of geniusOnline art sales will continue to grow steadily as consumers increasingly use the internet to bid on art auctions. A low trade-weighted index (the measure of the US dollar against foreign currencies) will to boost demand through an increase in overseas art sales. Proposed changes in taxes could hurt the industry as it has managed to skirt many taxes over the last five years.This industry primarily retails or auctions original and limited-edition artwork. Industry players purchase artwork from artists, individual owners and other dealers for resale or auction to consumers with little or no further development of the product. Sales of reproductions are excluded.This report covers the scope, size, disposition and growth of the industry including
the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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