What Defines Contemporary Art?
Contemporary art is the art of today, produced in the second half of the 20th century and is characterized by diverse aesthetics and concepts. It encompasses a range of styles such as Modern, Abstract, Impressionism, Pop Art, Cubism, Surrealism, Fantasy, Graffiti, and Photorealism. The popular mediums include painting, sculpture, mixed media, photography, and digital art. We are living in the age of post-modern contemporary art, marked by a globally influenced, culturally diverse, and technologically advancing world.
The Rise of Street Art
Among the most accessible forms of art, street art has emerged significantly in urban areas and public locations. As one of the largest art movements, it continues to experience rapid growth and recognition.
Artistic Mediums and Trends
Most Popular Mediums
- Painting
- Sculpture
- Mixed media
- Photography
- Digital artwork
Innovations in technology have influenced the creation of art, with new mediums like digital art gaining prominence. Sculpture and 3D art are expected to grow in popularity, driven by a new generation of artists under the age of forty who incorporate contemporary research into their work.
The Profitability of Original Paintings
Original paintings are known to have the highest profit margin among art types, as they can command higher prices. The rise of NFTs has enabled artists to sell unique digital tokens of their artwork, allowing both physical pieces and digital creations to reach new markets.
Future Art Trends
With minimalism predicted to be a popular trend in 2023, art enthusiasts are drawn to works that embody simplicity and tranquility. Despite the evolving tastes, certain art forms like digital art, abstract art, street art, vintage art, sculptures, and limited-edition prints continue to fetch higher prices.
Art Demand and Sales
In-Demand Art Styles
A notable trend in recent times is the resurgence of figurative art, especially pieces with human figures, landscapes, and still-lives. While conceptualism is influencing the art scene with social and political commentary, there remains a steady demand for traditional arts such as landscape and seascape paintings.
Bestselling Art Subjects
- Traditional Landscape Paintings
- Local Views
- Seascapes
- Abstract Landscapes
Landscape paintings have consistently been a top-selling subject, with abstract landscapes combining both abstract and landscape elements to create compelling works of art.