ARTNET MARKET WATCH:
ArtNet Market Watch is pleased to present a comprehensive overview of the auction market for photography. While the market remains relatively small—comprising less than 2% of the 2014 global fine art market’s $16.1 billion in sales—consistent growth has been seen since the recession in 2009. 2014, in particular, was a banner year, with over 13,000 lots auctioned for a record-breaking $243 million. World-renowned photographers Cindy Sherman, Andreas Gursky, and Richard Prince continue to top the list of top photographers of all time.