The Art Basel & UBSArt Market Report
2025By Arts Economics
The Art Basel and UBS Art Market Report
The ninth edition of The Art Basel and UBS Art Market Report, authored by cultural economist Dr. Clare McAndrew, founder of Arts Economics, provides a comprehensive, macroeconomic, benchmark analysis of the state of the global art market in 2024. This annual report examines various segments, including galleries and dealers, auction houses, and art fairs, assessing their performance against the backdrop of changes in the global economic and wealth context.
About the Author
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.
