The global art market's modest rebound in 2025, with sales rising 4% to an estimated $59.6 billion after two years of contraction, underpins the 62% implied probability that totals will reach $65 billion in 2026. Strong public auction performance, particularly in the U.S. where results climbed amid major single-owner collections and high-end lots above $10 million, has fueled trader optimism, alongside dealer sentiment showing 43% expecting further improvement. Persistent economic uncertainties, including trade policy shifts, temper expectations for the roughly 9% growth needed from 2025 levels, while transaction volume gains signal broader collector engagement that could support momentum if high-value segments sustain their recent trajectory into the spring and fall auction seasons.