According to a study on high net worth (HNW) collectors worldwide, Gen Z collectors had the highest median expenditure on digital art in the first half of 2023. Overall, collectors from this generation reported median spending of roughly eight thousand U.S. dollars on digital art (either with or without an NFT). Meanwhile, Millennials recorded a median expenditure of around seven thousand U.S. dollars on digital art as of the same period.
Median expenditure of high net worth (HNW) collectors on digital art in 1st half 2023, by generation (in 1,000 U.S. dollars)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you NFT art market
NFT art market overview
6
- Premium Statistic Sales value of art and collectibles NFTs worldwide 2019-2023
- Premium Statistic NFT sales in the art segment worldwide in the last 30 days April 2024, by type
- Premium Statistic NFT sales value in the art segment worldwide in the last 30 days April 2024
- Premium Statistic Market cap of leading NFT collections in the art segment worldwide 2024
- Premium Statistic Market cap of Art Blocks NFT projects worldwide 2022-2024
- Premium Statistic Key information on the NFT trading activity of Art Blocks worldwide 2024
Collectibles
5
- Premium Statistic Market cap of leading PFP NFT collections worldwide 2024
- Premium Statistic Daily sales and price of NFT collection CryptoPunks to January 10, 2022
- Premium Statistic Market cap of Bored Ape Yacht Club NFTs worldwide 2022-2024
- Premium Statistic Daily sales volume of NFT collection Bored Ape Yacht Club to December 10, 2023
- Premium Statistic Daily sales of NFT collection CryptoKitties to November 29, 2022
Auctions
6
- Premium Statistic Key information on public auctions of art-related NFTs worldwide 2021-2023
- Premium Statistic Contemporary art sales above one million U.S. dollars worldwide 2018-2022, by medium
- Premium Statistic Leading NFT artists worldwide 2023, by auction revenue
- Premium Statistic Total sales of selected leading auction houses worldwide 2022-2023, by category
- Premium Statistic Sales of NFTs on Christie's 3.0 worldwide 2023, by auction
- Premium Statistic Most expensive NFTs sold on Christie's 3.0 worldwide 2023, by price realized
Online art platforms and marketplaces
3
NFT collectors
5
- Premium Statistic Share of works held in HNW art collections globally H1 2022, by medium and generation
- Premium Statistic Leading channels used by HNW art collectors to purchase art worldwide H1 2023
- Premium Statistic HNW art collectors planning to buy paintings vs. NFTs worldwide H1 2022, by market
- Premium Statistic Median spending of HNW collectors on digital art H1 2023, by generation
- Premium Statistic Main factors that would motivate art buyers to buy NFTs worldwide April 2023
Further Content: You might find this interesting as well
Art Basel, & UBS. (November 2, 2023). Median expenditure of high net worth (HNW) collectors on digital art in 1st half 2023, by generation (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved May 16, 2024, from https://www.statista.com/statistics/1299913/median-nft-expenditure-high-net-worth-collectors-by-generation/
Art Basel, und UBS. "Median expenditure of high net worth (HNW) collectors on digital art in 1st half 2023, by generation (in 1,000 U.S. dollars)." Chart. November 2, 2023. Statista. Accessed May 16, 2024. https://www.statista.com/statistics/1299913/median-nft-expenditure-high-net-worth-collectors-by-generation/
Art Basel, UBS. (2023). Median expenditure of high net worth (HNW) collectors on digital art in 1st half 2023, by generation (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: May 16, 2024. https://www.statista.com/statistics/1299913/median-nft-expenditure-high-net-worth-collectors-by-generation/
Art Basel, and UBS. "Median Expenditure of High Net worth (Hnw) Collectors on Digital Art in 1st Half 2023, by Generation (in 1,000 U.S. Dollars)." Statista, Statista Inc., 2 Nov 2023, https://www.statista.com/statistics/1299913/median-nft-expenditure-high-net-worth-collectors-by-generation/
Art Basel & UBS, Median expenditure of high net worth (HNW) collectors on digital art in 1st half 2023, by generation (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1299913/median-nft-expenditure-high-net-worth-collectors-by-generation/ (last visited May 16, 2024)
Median expenditure of high net worth (HNW) collectors on digital art in 1st half 2023, by generation (in 1,000 U.S. dollars) [Graph], Art Basel, & UBS, November 2, 2023. [Online]. Available: https://www.statista.com/statistics/1299913/median-nft-expenditure-high-net-worth-collectors-by-generation/