People interact with a large scale digital installation called No Me Olvides by Ix Shells at Art Basel in Miami Beach, December, 2025. (Photo by Christopher Pillitz/ Getty Images)
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Digital art spent decades stuck in cultural limbo—ubiquitous in advertising and design, shaping what we saw every day, yet under-appreciated by collectors seeking long‑term value or legacy. That dynamic has flipped. As the post‑Covid art market has evolved, a new generation of collectors is actively embracing digital art in all its forms, pushing it firmly into the realm of serious, collectible work—and racking up serious sales.
While estimates vary, the digital art market is valued at somewhere between $5.5–6.2 billion by market research firms. This is a sizeable chunk of a global $59.6 billion art market, up 4% after two years of contraction, according to the just-released Arts Economics 2026 report for Art Basel and UBS.
In the comprehensive study, a survey of 3,100 high-net-worth individuals (HNWIs) across 10 global markets found that paintings remained the most-purchased medium in 2025 at 67%, while 56% bought a sculpture, aligning with previous years. However, the next most popular segment—“with a large uplift on 2025”—was digital art, with just over half (51%) of the sample making a purchase.
Widely recognized as the first non-fungible token (NFT) artwork was Quantum, a code-based animation by Kevin McCoy, minted on the Namecoin blockchain in May 2014. Though NFTs eventually became heavily over-hyped—with the speculative market peaking in 2021—they helped bring digital artists who had preceded them, into the limelight.
Kevin McCoy’s Quantum (2014)—the first NFT artwork ever minted—on view at Sotheby’s, London in 2021. (Photo by Tristan Fewings/Getty Images for Sotheby’s)
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This latter category is growing not due to hype or speculation, but changing consumer preferences. As digital in all its forms has become ubiquitous, especially among video-gamers, cinema-goers, and through social media, digital art is now its own category, with the sales to prove it.
Younger collectors—especially Gen Z and Millennials—show an increasing preference for digital‑native work that is both novel and stable. They also have money. At auction house, Sotheby’s, a report called A Century of Surrealism indicates that Millennials have become a powerful force in less than a decade. In 2018, their share of the bidders’ pool for Surrealism was 12.6% but almost doubled to 23.8% in the first half of 2025. Gen Z’s share rose from 0.5% to 6.2% over the same period. These collectors are acquiring works by their peers, but are also older, more established 20th-century artists.
The shift in generational demand is positively helping the digital segment. In its 2025 Art & Finance Report, Deloitte & ArtTactic note that “next-gen collectors are more drawn toward digital art, emerging and experimental artists, and social causes tied to art”. With the Art Basel & UBS study also citing digital art as the third‑largest spending category among influential HNWI’s, growth seems all but assured.

