Share of works held in HNW art collections globally H1 2024, by medium

Published by Statista Research Department, Oct 29, 2024

According to a global survey of high-net-worth (HNW) art collectors, paintings accounted for the highest share of works held in HNW collections in the first six months of 2024. While paintings represented 26 percent of the works held by HNW art collectors, digital art made up only three percent of the collected artworks.

Share of works held in collections of high-net-worth (HNW) art collectors worldwide in 1st half 2024, by medium

CharacteristicShare of artworks
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Showing entries 1 to 9 (9 entries in total)
Statistic: Share of works held in collections of high-net-worth (HNW) art collectors worldwide in 1st half 2024, by medium

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Sources

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Release date

October 2024

Region

Worldwide

Survey time period

H1 2024

Number of respondents

3,663 respondents

Age group

20 years and older

Method of interview

Panel survey

Supplementary notes

The survey was conducted between July and August 2024. 

The source defined high net worth (HNW) collectors as individuals with a current net worth, excluding real estate and private business assets, exceeding one million U.S. dollars. Additionally, to be included in the survey, collectors were required to have spent at least 10,000 U.S. dollars on art and antiques in 2022 and 2023, and a minimum of 5,000 U.S. dollars in the first half of 2024. 

Respondents were HNW individuals from the following markets: United States, United Kingdom, France, Germany, Italy, Singapore, Hong Kong SAR, China, Taiwan, Japan, Brazil, Switzerland, Indonesia, and Mexico.

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