Probity Appraisal Group

Probity Appraisal Group

Immersive Magic: The Wonders of TeamLab Planets
Immersive Magic: The Wonders of TeamLab Planets

Posted on 18 June 2025

Jessica I. Marschall, CPA, ISA AM

Immersive Magic: The Wonders of TeamLab Planets

TeamLab Planets in Tokyo is a radical, body-immersive digital art experience blending water, mirrors, LED light, sound—and even scent—into spaces where visitors co-create the work in real time. newyorker.com+15teamlab.art+15designboom.com+15 Whether wading through knee deep water enlivened with projected koi, or basking in the Infinite Crystal Universe’s sensor-driven lights, guests physically and emotionally connect with the art. ft.com+1designboom.com+1

From Edo to RGB: A Brief History of Visual & Sensual Art in Japan JP

• Ukiyo-e & Shin-hanga: From the 17th–19th century, Japanese woodblock prints—featuring kabuki scenes, landscapes, and erotic  shunga—celebrated urban pleasures and aesthetics for a rapidly modernizing public These were mass produced, sensory-rich, and culturally influential—broadening Western artistic horizons during Japonisme.

• Modern & Postwar innovators: Figures like Yayoi Kusama, Takashi Murakami (whose works now sell for millions—e.g. My Lonesome Cowboy fetched $15 million) and Yoshitomo Nara (whose painting recently sold for US $25 million) pushed boundaries across pop, psychedelia, and deeper emotional themes.

• TeamLab’s lineage: As “ultra technologists” founded in 2001 and partnering with Pace Gallery since 2014, TeamLab channels centuries of sensory-rich Japanese art via interactive digital environments.

In the U.S.: A Shift from the Frame to the Full Senses

• Modernism to Minimalism: The U.S. art world moved from abstract painting (Pollock, Rothko) to multimedia installations (Kaprow, Nevelson), setting the stage for immersive environments.

• Experience-driven art: Over the last decade, U.S. audiences have flocked to inflatable sculptures, VR art, and pop-up immersive shows—mirroring TeamLab’s success .

• Market dynamics: Millennials and Gen Z consumers increasingly favor experiences over physical assets, prompting a pivot in institutions and collectors toward interactive, shareable art

Is There a Market for This Sensual, Immersive Art?

Audience Appeal & Foot Traffic

• Mass popularity: TeamLab Planets logged millions of visitors and earned a Guinness World Record, centrally because its multisensory, social-media ready format resonates globally.

• Media visibility: Coverage in FT, New Yorker, Business Insider, etc., fuels demand .

Auction vs. Transactional Sales

• Auction relevance: While immersive digital rooms aren’t auction‐ready, their creators (like Murakami and Nara) regularly outperform at Sotheby’s and Phillips .

• Gallery & experiential sales: Physical versions—limited prints, AR sculptures, collectible NFTs—are sold to supplement experiential exhibitions .

• Brand & licensing avenues: TeamLab’s partnership with Pace, plus licensing for off-site installations, generate sustainable income beyond ticket sales .

Collector Sentiments

• Emerging prestige: Top-end collectors (especially in Asia & progressive Western circles) view immersive art as valid high-end assets.

• Secondary benefits: Exhibits like this raise the profile of traditional art from associated artists, increasing sales of prints or sculptures.

• Bridging audiences: They court younger, more diverse collectors, enhancing interest in Japanese aesthetics and experiential art.

Does This Trend Boost Sales of Other Art Forms?

• Market revitalization: Experiential exhibitions attract foot traffic, hype, and new collector interest—benefiting galleries, secondary market, and peripheral product (prints, books, NFTs).

• Crossover with collectible art: Limited-edition prints, AR sculptures, and partner platforms like Viv Arts are growing, enabling direct collector engagement barrons.com.

• Cultural revaluation: As immersive art amplifies global fascination with Japanese visual culture, it strengthens collectors’ appetite for historic (ukiyo-e) and contemporary works.

Final Take: The Sensual Future of Art

TeamLab Planets reimagines Japanese sensory tradition through cutting-edge tech. It isn’t auctionable as-is—but the ripple effect is powerful:

1. Elevates names and IPs

2. Generates novel physical/digital collectables

3. Cultivates new, experience-hungry audiences

4. Fuels a broader revival in Japanese and immersive art markets

Immersive art is no fleeting trend—it’s reshaping how art is made, consumed, and sold. If you're a collector or gallerist, it pays to keep a foot in this evolving, sensate-rich realm.