To provide insights into the activities and attitudes of collectors The Art Basel and UBS Survey of Global Collecting 2024 authored by Clare McAndrew of Arts Economics, presents the results of research carried out in mid-2024 on high-net-worth individuals (HNWIs) currently active in the art market. Surveying HNWIs from global markets, the report examines their recent spending patterns, future plans for their collections, and outlook for the art market in 2024 and beyond. The survey is the eleventh of a series conducted in collaboration with Arts Economics and UBS and now covers 14 markets, with responses from just over 3,660 HNWIs, the most wide-ranging and largest survey of its kind to date.
Dr. Clare McAndrew is a cultural economist who specializes in the arts, antiques, and collectibles markets. She completed her PhD in economics at Trinity College Dublin in 2001, where she also lectured and taught economics for four years. In 2002, Clare joined US firm Kusin & Company, a boutique investment banking firm specializing in art investment, as chief economist. After three years in the US, Clare returned to Europe in 2005 to set up Arts Economics and continue her work in the art market in a private research and consulting capacity. Arts Economics works with a network of private consultants and academic scholars carrying out art market research and analysis for a global client base.