For globe-trotting collectors, the 2014 season begins in London with the annual London Art Fair (www.londonartfair.co.uk; Jan. 15 to 19), opening with an exhibition dedicated to artist Barbara Hepworth and British modernism. Cape Town, South Africa, designated the World Design Capital of 2014 by the International Council of Societies of Industrial Design, will host Guild (www.guilddesignfair.com; Feb. 28 to March 9), the city's first international design fair, featuring art and functional objects from nine exhibitors headlined by Dutch designer Nacho Carbonell.

Breaking from its association with traditional art and craft, San Miguel de Allende, Mexico, will host the third SMART, or San Miguel Art, festival (www.smartsanmiguel.com; May 31 to June 2) with a focus on contemporary art from Latin America.

In Switzerland, Art Basel (www.art basel.com; June 19 to 22) expects to attract more than 300 international galleries.

Collectors of folk art flock to the annual Santa Fe International Folk Art Market (www.folkartmarket.org; July 11 to 13), which claims to be the largest of its kind in the world; the market will fill the city's Museum Hill plaza with works from 150 selected artists from 54 countries.

And in its 25th iteration, Art Miami (www.art-miami.com; Dec. 2 to 7) this year will draw 125 galleries from around the world and tens of thousands of attendees. The concurrent Art Basel Miami Beach (www.artbasel.com/en/Miami-Beach; Dec. 4 to 7) recorded 75,000 visitors last year.