GITNUX MARKETDATA REPORT 2024

Ai In The Art Industry Statistics

AI in the art industry is expected to revolutionize processes such as creating, curating, and selling artworks while also raising concerns about issues like authenticity and human creativity.

Statistic 1

"AI could contribute up to $15.7 trillion to the global economy by 2030, with the Art Industry as a considerable sector."

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Statistic 2

"The global market size of AI in Arts was at $3.5 billion in 2020."

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Statistic 3

"By 2021, 75% of new commercial enterprise apps will use AI, according to IDC, including Art Industry applications."

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Statistic 4

"Algorithms can now suggest new art trends with 70% accuracy."

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Statistic 5

"An AI-generated artwork was sold for $432,500 in auction at Christie's."

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Statistic 6

"Art created by AI was exhibited in over 500 exhibitions worldwide in 2018."

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Statistic 7

"Over 40% of art collectors are now open to buying AI art."

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Statistic 8

"74% of leading institutions are investing in AI technologies."

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Statistic 9

"AI's incorporation in art has increased by 14.3% since 2017."

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Statistic 10

"63% of artists say they cannot imagine their work without AI."

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Statistic 11

"67% of galleries believe AI will have a vital role in the future of art dealing."

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Statistic 12

"87% of Art institutions investing in AI have seen an increase in engagement."

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Statistic 13

"By using AI tools, museums increased visitor interaction by 33% in 2018."

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Statistic 14

"Social media platforms utilizing AI for art promotions have seen a 30% increase in user engagement."

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Statistic 15

"AI use in arts education increased by 37% in 2019."

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Statistic 16

"In 2018, London's Tate Modern Museum attracted over 5 million visitors by introducing AI interactive art exhibitions."

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Statistic 17

"In 2019, AI-curated exhibitions saw a rise in ticket sales by 28% compared to traditional exhibitions."

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Statistic 18

"Google's Arts and Culture platform has seen 100% user growth since implementing AI features."

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