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Market Research Analysis Report: Artworks Created By Artificial Intelligence (AI) Technologies

Who should buy this market research report of the artworks created by AI?

– Artists or creators who wants to know how arts created by AI are performing or their potential revenues
– Business owners, founders, or CEO who are into arts and technology
– Art collectors
– Interior Designers

What are artworks created by artificial intelligence?

Artworks created by AI are galleries of AI generated art and display numerous original designs, authentically created by artificial intelligence as opposed to arts created by human hands from artists or creators. This market research focused on the market potentials for arts created by AI technologies.

Since the beginning of time, art has served as a tool for emotional expression, used to evoke feelings, inspire ideas and offer new creative perspectives on the world around us. Following the rise in technological development, new age mediums started to form as extensions of the human mind, opening the gateway to new waves of arts that were never possible before.

This market research report of the artworks created by AI also gives data and statistics of who the target audience, target market and potential consumers.

This market research report of the artworks created by AI also gives overview of the “Global Art Collecting Industry Market Size and Trends.” You will be able to know the current and forecast revenue value of the broader industry globally.

In the overall global art market (all types and segments), the arts and antiques sector is expected to grow annually by 8% until 2025.

[Year-by-year market size of the art and antiques sales globally]

2019: $ billion
2020: $ billion
2021: $ billion
2022: $ billion
2023: $ billion
2024: $ billion
2025: $ billion

[Year-by-year market size of the art and antiques sales in an online channel globally]

2019: $ billion
2020: $ billion
2021: $ billion
2022: $ billion
2023: $ billion
2024: $ billion
2025: $ billion

Market size of the Arts and antiques sales value globally — Arts and antiques sales value globally

Based on the regional market, the three major art hubs – the US, the UK, and Greater China – continued to account for a majority (82%) of the value of global sales in 2020. The US market retained its leading position, with a share of 42% of global sales values, with Greater China and the UK on par at 20%.

Total Addressable Market (TAM) and the total possible revenue of the arts created by artificial intelligence market

In the report, you will be able to figure out the total potential market including the serviceable available market (SAM) and serviceable obtainable market (SOM).

Total Addressable Market (TAM),Serviceable available Market, Serviceable Obtainable Market and the total possible revenue of the arts created by artificial intelligence market

Potential users or buyers of arts created by AI	Total number of potential buyers
Estimated number of art collectors that purchase arts online globally ($10,000 and above)	— million
Interior Designers in the United States	— million
Direct consumers (home owners who purchase wall arts decor) in the US	— million
Total potential users (TAM)	— million

Serviceable Available Market (SAM) and Serviceable Obtainable Market (SOM) and the total possible revenue of the arts created by artificial intelligence market are also included int he report.

The scope or topic included in this market research report is as per below:

– Defining Your Market, Products, and Services
– Defining Your Target Market
– Global Art Collecting Industry Market Size and Trends
– Leading Markets
– Target Market/ Audience Statistics And Data
– Total Addressable Market (TAM) and the total possible revenue
– Serviceable Available Market (SAM) and the total possible revenue
– Serviceable Obtainable Market (SOM) and the total possible revenue
– TAM, SAM, and SOM Summary

Graphs, charts, and sources of all statistics used are provided in the report.

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TAM SAM AND SOM market analysis report and the total possible revenue of the arts created by artificial intelligence market

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Off-market Property Sales In Australia: Market Trends And Statistics

The off-market property sales (including the for sale by-owner market) is becoming popular in Australia.

SUMMARY AND OVERVIEW

According to industry experts, buyers are looking for more lower cost as compared to those properties under auction sale. To capture the market, buyers, and owners at the same time are looking for agents (which could work on both parties) to deal their properties. Most of these agents creates dedicated websites to cater this market. The number of agents working in the off-market sector is increasing in number, an average annual growth rate of more than 7%.

Based on the number of properties sold on different websites (off-market and for-sale-by-owners), we’ve calculated that the number of off-market properties sold by these platforms has a yearly increase of 72%.

Thus, we calculated there’s a growth of 7.08% annually in terms of agent companies or firms operating in the off-market property sales in Australia.

METHODOLOGY

The exact information on detailed figures and data of the off-market property sales in Australia has not been published on any industry reports and no direct available data has been found. However, by looking at various reports, real estate industry statistics, news articles and from experts’ opinions, we were able to collect data to finally conclude that this industry is growing in Australia. We’ve presented the findings below.

FINDINGS

According to the business related report published in Australia, off-market property sales is becoming more popular and growing number of buyers and sellers is embracing this trend. McGrath Report confirmed that “off-market selling was taking off across all price brackets but particularly within the prestige sector, where privacy was a key priority for wealthy clientele.”

The Australian news site also also confirmed off-market prestige property sales were on the rise on one of their released news 2 years back. Some experts, like Douglas Driscoll, CEO of Starr Partners also said he was “certainly” seeing more and more off-market sales, and that they had obvious benefits for buyers.

The owner of Property Whispers, Liane Fletcher also predicted the popularity of off-market sales would continue to grow in the future as she saw increased of listings in her company platform.

And the main reason why this market is growing is that buyers are looking for lower prices. Marketing and advertising costs, little to no competition for the sale, and auction prices, are one major drivers of lower property costs.

OFF-MARKET AND DIRECT-FROM-OWNER PROPERTY DATA AND HELPFUL STATISTICS

For direct-from-owner properties, more and more owners and buyers are turning to agents who could work on both parties, to capture off-market property sales in Australia. According to a report, this scenario has started in Sydney and Melbourne 20 years back. “When established in 2000, The Real Estate Estate Buyers Agents Association of Australia said there were 15 businesses operating in the industry, predominantly servicing high-net-worth individuals. There are currently 55 businesses listed as members registered with the association.”

Thus, we calculated there’s a growth of 7.08% annually in terms of agent companies or firms operating in the off-market property sales in the country.

According to CoreLogic figures, there is an increase of property listings in Australia and in Melbourne alone, an increase of 13.8% of homes are lingering on the market but the auction clearance rates have slipped well below 50% across the nation. Thus, giving options to the off-market industry.

Here are some growth trend between 2014 and 2015 based on number of properties sold recorded by some of the notable off-market and for sale by-owner websites (or those off-market agents operating online property listings);

Cubbi increased its number of properties sold from 10 to 55, which translates to 450% increase.
Agent in a Box sold 219 properties compared to 75 in the year prior–about 192% yearly increase.
For Sale By Owner sold the most properties overall, with 922 in 14-15 and 944 in 13-14–a slight decrease of 2.33%
No Agent Property has 110% increase while 40% increase for Property Now
Sell My Property Now has about 95% increase.
Your Hot Property and Real Estate Your Way has about 20% increase each
For Sale By Owner, For Sale For Lease, Buy My Place, and Private Property List has about 5% decrease each while Real Private has decreased by 40%.

On average, based on the analysis of the above websites, there was an increase or a growth rate of 72% of the total number of off-market properties sold between 2014 and 2015.

In conclusion, while the off-market accounts only for just 1% of the total property sales in Australia, this market is however growing and reports show that those properties listed (as opposed to off-market) are showing slow downturn sales. With all the analysis from industry experts, real estate company reports, and from related organizations, they have common observations and in agreement that the off-market property sales in Australia is rising.

Estimates based on 1% share in 2015 and using the 72% annual growth rate:

If in 2015, the total property sales was totalled 585,054, then taking 1% of it is about 5,851 properties sold using off-market sites. If this market is growing at 72% up to the current year, then we’ve estimated the market as below;

2015 = 5,851 properties sold

2016 = 5,851 * 1.72 = 10,064

2017 = 10,064 * 1.72 = 17,310

2018 = 17,310 * 1.72 = 29,772

SOURCES:

Behavioral Mental Health Software And Apps Market Size and Total Addressable Market In The United States

SUMMARY OF FINDINGS

The behavioral health software/apps total global market size was $1.17 billion in 2018 while it was $ million in the United States. This industry is growing annually due to increased demand and interest in mobile health (mHealth) apps and software by users (both patients and workers).

The below market size is for the whole behavioral health software market in the United States (both for staff and clients).

The total addressable market for a company that will enter this market assuming 100% penetration of the user demographic (both for staff and clients for mental and substance abuse, child welfare, and criminal justice sectors) is $ billion. Looking at the TAM for staff only, the largest audience comes from the mental and substance abuse segment with a potential [number] staff software/app users in the United States. This figure was followed by child welfare and criminal justice with about [number] and [number] target audience respectively. Below is a graph showing market shares of each segment.

[Graph is provided in the report]

Based on potential clients, the largest audience comes from the mental and substance abuse and child welfare category with about [number] million, followed by criminal justice (including case managers, jail diversion, and probation/parole) with about [number] million potential users.

[Graph is provided in the report]

The potential total end user of behavioral health software and apps is [number] million.

METHODOLOGY

To determine the market size and total addressable market of the behavioral health software applicable for a company that will enter this market, we scoured through various statistics and databases from industry reports, market research publications, press releases, company websites, and news articles. We calculated and estimated the figures using top-down analysis and utilizing available statistics from reputable reports, publications, research studies, government databases, and articles (see below sources). All calculations, assumptions, and estimations are provided in the report.

BEHAVIORAL HEALTH SOFTWARE MARKET SIZE

The overall global behavioral health software (which will include apps) was valued at $ billion in 2016 and is growing at % annually to reach about $ million by 2022 (if compared to the total medical health software, behavioral health software accounts for 10% market share). In the behavioral health software industry, the United States accounts for % of the total market.

Behavioral health software global and the United States market size [the US market size was calculated using the % market share]:

2016 = $ billion [US: $ million]

2017 = $ billion [US: $ million]

2018 = $ billion [US: $ million]

2019 = $ billion [US: $ million]

2020 = $ billion [US: $ million]

2021 = $ billion [US: $ million]

2022 = $ billion [US: $ million]

BEHAVIORAL/MENTAL HEALTH USERS AND AVERAGE REVENUE

According to a published study by NCBI, of the total [number] mHealths apps, [number] % focus on mental health diagnosis, treatment, or support;

Estimated number of behavioral or mental health apps = [number]

Average revenue

= $ [number]

TOTAL NUMBER OF END USERS

Referring to below analysis, below is our summary of the total end users per segment.

Mental and substance abuse end users:

[number] million

Child Welfare end users:

[number]

Criminal Justice end users (including jail diversion, probation, and parole):

[number]

Total of the above (both staff and their clients) = [number] million

CURRENT TOTAL NUMBER OF APP USERS FOR MENTAL/SUBSTANCE ABUSE, CHILD WELFARE, AND CRIMINAL JUSTICE SECTOR:

Estimated total number of behavioral health app users = [number] million

TOTAL ADDRESSABLE MARKETS FOR THE BEHAVIORAL MENTAL HEALTH SOFTWARE AND APPS

MENTAL ILLNESS AND SUBSTANCE ABUSE SOFTWARE

According to NIMH latest 2017 statistics, there are 46.6 million adults in the United States with any mental health condition. However, only [number]% of these adults received care and diagnosis. In here, our potential clients is the number of adults which has a direct connection to physicians or healthcare workers.

Number of potential clients = [number] million

All other data and statistics is provided in the report.

United States TAM (staff)

= $[number] million per month

TAM (potential clients)

= $[number] million per month

Total TAM per month

= $[number] million

SUBSTANCE ABUSE (SUB-SEGMENT)

US Substance Abuse TAM, staff

= $[number] million

According to the National Survey on Drug Use and Health (NSDUH), 19.7 million American adults (aged 12 and older) battled a substance use disorder in 2017.

US Substance Abuse TAM, client

= $[number] billion