Hiscox Online Art Trade Report 2021: Part One
- An estimated $3.125 billion, or 46% of online art sales in the first half of 2021 were sold through mobile devices such as smartphones and tablets.
- Fine art accounted for the largest share of online sales from the platforms; 27%, down from 32% in 2020.
- More online platforms are going to accept cryptocurrency payments, with nearly four in ten (38%) planning to accept crypto payments within the next 12 months, a big rise on last year (15%).
- There has been a significant rise in the number of online art platforms that intend to embed blockchain technology into their businesses.