Overview
The **art market** represents the vast, year-round global ecosystem of galleries, auctions, and private sales, facing a cautious 2026 rebound amid slowing demand and K-shaped recovery favoring big players like **Gagosian**. **Frieze Art Fair**, a pinnacle event under **Ari Emanuel**'s ownership, defies trends with buoyant sales at fairs in London, LA, and expansions to Abu Dhabi, embodying the high-stakes spectacle within the broader **Art Basel** rivalries.