The definition of Islamic art, the market for Islamic art, future of the market, and the findings are mentioned below:Islamic Art encompasses the arts produced from the 7th century onwards by people who inhabited the territory that was lived in by culturally predominant Islamic populations. Unlike many other terms or periods of art, like ‘Renaissance’, ‘Baroque’, ‘Christian’ or ‘Italian’, Islamic art refers to no specific era, genre or method of art. Based on Gerard-Varet (1995) and Robertson (2008) on the art market, the Islamic art market can be divided into four submakets: Primary Market; Secondary Alpha Market; Secondary Beta Market; Tertiary Market. This is not the case for the Islamic art market, which is mostly dominated by the tertiary market. One unique aspect about Islamic art is that London, a non-Islamic country, has become the center of the global Islamic art market.